Yes, screw more accumulation, silver is losing its lustre until it starts to put on some price. My own mood is lightening to near term optimism
I'm sure if the OP does that in Aug this year it will move... other then that spot is in the hands of others whether we are ready or not
Still accumulating, and will be for a while so would not mind it staying down for a while, at least till I am back from the US and can get more money into PM's
I say let it stay low for at least a few more years... I need more silver first. In a perfect world, I'd say let it soar to the clouds in 2020. I don't think it'll wait til then tho
To be honest a move above $30 US would be ok for me. If we parked there for a little while and traded within the 30-34 range and slowly moved up to chllenge 40 by the end of the year, i would consider that healthy and positive. If we rocket too quick - thats not really that good You need to see rally and coast, rally and coast, lurch up and settle, lurch up and settle.... thats good sustainable movement
I'm 90% in silver and have little cash saved up. I'd love to buy more at these prices but I gotta save some cash now. I think the fun is over for me. PS: But never say never
My gut feeling is we're going to remain in a holding pattern in the 27-29+ range until the end of the year. After that... who knows. Dave