Good call Errol 1 Month Silver Lease rate back up to 0.3993 today, they're rolling out the guns I think Cap'n :/
I read this thread the other day just as I was thinking of stocking up our SMSF.... I see the price going up not down, I'm hoping I see a drop on the 26th I do have the luxury of waiting a while though to see what happens. Wish I had my sh!t together when the price was down in January and could have bought up then!
I hope we get a smackdown as I intend to get some 5oz dragons 1st march... a nice discount wouldn't go astray.... BUT I never get what I want so $37 here we come
I smell a buying opportunity if it happens ... if not .. then great my stack is worth more Win - Win I say ..
Lease rate at -0.4493% and falling. Well, this has all been a bit anti-climactic. The price of silver has generally gone up over the past week since the lease rate first hit -0.4% VRS posts of a failed silver raid which may or may not have been the event that was triggered by the lease rate and which is also likely a computer glitch in the charts. Options expiry also did not seem to have much effect on the silver price this month. Finally, as the lease rate is still low, the price of silver could now take a dip but it would be difficult to say that the -0.4% lease rate was a primary cause, given how muddled the present situation seems to be.
I think we'll know one way or the other when this week is done. Either that or we'll be stuck in a holding pattern again going slowly insane :lol:
ARGH I'm checking out the Perth Mint site and have itchy fingers! I just wanna buy but also want to wait and see the price go down a bit. I don't know what to do
<Cough> Me too... I might have sold a couple of kg's that I shouldn't have... Oh well, we live we learn
I think it just goes to show that if anybody gets a prediction right for the silver market, they were just lucky. Just follow retarded Monkey's analysis on these boards for the real picture.
Maybe, just maybe, J P Morgan just got a lot of the real silver from Kodak when it went bankrupt. We all know that only like paper silver so maybe they are not trading paper, forcing the price up and then slowly selling their silver stack. A good little earner. Just wait till it is all sold then we might see a dip as they go back to trading paper silver. As previously stated, I think it is nearly impossible to predict what the big boys are up to as they play their cards close to their chest. The house never looses. Now is the hard part for all of us small fish..To buy now because it is only going to keep rising,hold and buy nothing waiting for it to fall. I always feel nervous at these times for I know not what to do. I am still going to keep buying but on a few occasions I have bought only to see the price drop. What aim I saying.. i'm a stacker not a fiat counter. Regards Errol 43
That pretty much sums up my entire stacking journey so far :lol: Until last night that is! I like this going up business, and it's a huge relief to see the downtrend broken and we're back above all the moving averages
Last week I predicted that it would hit US $38 within 10 days. A complete and utter stab in the dark.
