Silver going $30+ within 6 weeks

Discussion in 'Silver' started by tozak, Aug 9, 2012.

  1. Court Jester

    Court Jester Well-Known Member Silver Stacker

    Joined:
    Jul 30, 2012
    Messages:
    3,502
    Likes Received:
    276
    Trophy Points:
    83
    Location:
    Gold Coast QLD

    pffft so your saying if I joe bloggs private citizen go into my local dealer with a 1kg PM silver bar that that dealer will pay me the spot price for it.


    your dreaming son.

    or what dealer you are using I will want to sell my bars to them if they do truely buy @ spot.
     
  2. tozak

    tozak Well-Known Member Silver Stacker

    Joined:
    May 6, 2011
    Messages:
    1,957
    Likes Received:
    79
    Trophy Points:
    48
    Location:
    Australia
    Go ahead dude!

    These are my closest two Bullion dealers they both buy bars at Spot and sell at Spot +Barring

    https://www.ainsliebullion.com.au/
    http://citygoldbullion.rtrk.com.au/?scid=142769&kw=5597335&pub_cr_id=24239159390

    You would find a similar story at present all over Australia, it aint dreaming!

    Just look for your closest "Bullion Dealer" however you would sell for more on this site
     
  3. STC

    STC Well-Known Member Silver Stacker

    Joined:
    Mar 16, 2011
    Messages:
    1,172
    Likes Received:
    271
    Trophy Points:
    83
    Location:
    Perth
    I will buy your bars at spot :)
     
  4. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

    Joined:
    Feb 23, 2011
    Messages:
    5,465
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    The Land of Guilty by Default
    You'd be pretty stupid to sell your silver at spot right now. Spot is okay when the prices are languishing or going down.
    when the trend is upward - like now - only mugs sell for spot.
     
  5. trew

    trew Active Member Silver Stacker

    Joined:
    Aug 24, 2011
    Messages:
    3,653
    Likes Received:
    7
    Trophy Points:
    38
    Location:
    Melbern
    you really have to get out and look around a bit more.... but it does depend where you live I guess.

    http://www.wdavis.com.au/live-price-list.html

    http://forums.silverstackers.com/topic-20934-always-buying-gold-and-silver-bullion.html


    there are more.... I always get at least spot when I sell.
     
  6. Levant

    Levant New Member

    Joined:
    Jul 31, 2012
    Messages:
    58
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Brisbane
    US$29.84 as I write this...
    Nearly there...
     
  7. Dr.Gold

    Dr.Gold New Member

    Joined:
    Feb 12, 2012
    Messages:
    154
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Melbourne, australia
    Lol, right now I feel like giving myself a good kick in the backside. I was thinking of buying a decent amount of silver to balance out my gold/silver holdings, but now I feel like I have missed the dip :-(
     
  8. metalzzz

    metalzzz Well-Known Member

    Joined:
    Sep 3, 2011
    Messages:
    1,977
    Likes Received:
    86
    Trophy Points:
    48
    Location:
    Australia
    Tozak can you do an overlay soon of the actual spot movements over what you projected. Would be interesting to see how tight it's been tracking, next few months will be the test!
     
  9. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

    Joined:
    Feb 23, 2011
    Messages:
    5,465
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    The Land of Guilty by Default
    lol - all those who pulled their noses up to buying silver over the past few months will now realise their folly :lol:
     
  10. gbickle

    gbickle Member

    Joined:
    Nov 7, 2010
    Messages:
    220
    Likes Received:
    4
    Trophy Points:
    18
    Location:
    Australia
    prediction = Winning! ...

    Came true within 2 weeks.. congratulations OP
     
  11. silverwalla

    silverwalla Member

    Joined:
    Jun 7, 2010
    Messages:
    113
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Northern NSW
    The Messiah has come ;)
     
  12. smeagol

    smeagol New Member

    Joined:
    May 10, 2012
    Messages:
    120
    Likes Received:
    0
    Trophy Points:
    0
    $30.11 !!
     
  13. DoolBrevlis

    DoolBrevlis Member

    Joined:
    Feb 17, 2012
    Messages:
    138
    Likes Received:
    0
    Trophy Points:
    16
    Ahh, true true! But still good buys on silver. From here to fifty I will buy, then the newbies can have their turn.
     
  14. tozak

    tozak Well-Known Member Silver Stacker

    Joined:
    May 6, 2011
    Messages:
    1,957
    Likes Received:
    79
    Trophy Points:
    48
    Location:
    Australia
    Yeah just had a look and it's very close, because it's such a long time frame chart we need another 6 months or so of data to get a really good comparison, will overlay it at the end of the year and see how it looks. Chart shows no bounce down from the US$30 resistance point, rather just a little bit of a pause at US$30 then up to mid 30's for the consolidation, will see if this part plays out as well.
     
  15. metalzzz

    metalzzz Well-Known Member

    Joined:
    Sep 3, 2011
    Messages:
    1,977
    Likes Received:
    86
    Trophy Points:
    48
    Location:
    Australia
    I've always looked at the 80's bull chart and pin pointed where i thought we were now on it and showed my mates. which i say is right at the base before the big spike up, they all laugh at me pretty hard.
     
  16. Agauholic

    Agauholic New Member

    Joined:
    Sep 20, 2010
    Messages:
    813
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Australia
    [​IMG]
     
  17. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

    Joined:
    Apr 13, 2011
    Messages:
    4,062
    Likes Received:
    17
    Trophy Points:
    38
    Location:
    Brisbane, Australia
    Selling some 1kg bars of silver if anyone is interested.

    $1280.

    Offer open until the end of February 2013 regardless of spot.
     
  18. yan

    yan New Member

    Joined:
    Feb 27, 2012
    Messages:
    37
    Likes Received:
    0
    Trophy Points:
    0
    Dear tozak

    Thank you so much.
    With unknown reason, followed your step.
    That's why I said thank you so much.

    seems that we won't see 2x again in the next few years.
     
  19. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

    Joined:
    Feb 23, 2011
    Messages:
    5,465
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    The Land of Guilty by Default
    silver's climbing by the hour.

    The $1000/kg mark will be crossed pretty soon i reckon!
     
  20. unfunkable

    unfunkable Active Member

    Joined:
    Feb 7, 2011
    Messages:
    1,017
    Likes Received:
    0
    Trophy Points:
    36
    Location:
    Canberra
    too the moon!!!!
    when it goes above $1,000 per kilo
    that WILL be the last time you could of ever got it sub 1k
    and that's something you can take to the BANK!!!!!!!!!!
     

Share This Page