May 1st 2013..

Discussion in 'Silver' started by QLDSILVER, Apr 29, 2013.

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  1. Henry Wartooth

    Henry Wartooth New Member

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    If you're buying silver to "beat the banksters" -you're going to have a bad time.
     
    Henry Wartooth, Apr 29, 2013
    #21
  2. Pirocco

    Pirocco Well-Known Member

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    Really?
    ETF monetary demand stalled since 2011.
    Only stackers monetary demand retained its buying continuation.
    And it's not enough to absorb the new produced silver.
    Without US Mint and others sales tripling from todays level, this won't change.
    So every year, a part of the supply isnt absorbed.
    So every year, the price will drop.
    Until it again does.
    The $32 > $50 move in 2011 was due to a single ETF that bought a third of worlds supply in a couple months (to then dump it all again in a few days).
    Serves as a good indicator of what is needed.
     
    Pirocco, Apr 29, 2013
    #22
  3. DanielM

    DanielM Active Member Silver Stacker

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    NO!!! (reverse phsycology)
     
    DanielM, Apr 29, 2013
    #23
  4. Pirocco

    Pirocco Well-Known Member

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    Unless supply drops, it will require 200 Moz more bought every year. US Mint sells a 40 Moz, Canadian Mint a 20 Moz, Austrian Mint a 15 Moz. Add some smaller and private mints, let's say 100 Moz combined.
    So they all need to double their sales.
    US Mint to 6 million ASE's every month.
    I can buy 1 monsterbox annually.
    100 Moz is 200000 monsterboxes.
    So it needs 200000 people like me MORE than today, to replace the paper/ETF demand.
    And nobody selling!
    Go go go
     
    Pirocco, Apr 29, 2013
    #24
  5. long88

    long88 Member

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    anyone wants to buy my silver?

    i think it will be a good day to sell, as it will reach high premium
     
    long88, Apr 29, 2013
    #25
  6. Pirocco

    Pirocco Well-Known Member

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    A couple months ago everybody would have jumped in your neck after seeing $25 haha.
    And they complained about premiums then too.
     
    Pirocco, Apr 29, 2013
    #26
  7. boneyard

    boneyard Well-Known Member Silver Stacker

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    boneyard, Apr 29, 2013
    #27
  8. DanielM

    DanielM Active Member Silver Stacker

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    DanielM, Apr 29, 2013
    #28
  9. C.H.

    C.H. Active Member Silver Stacker

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    C.H., Apr 30, 2013
    #29
  10. C.H.

    C.H. Active Member Silver Stacker

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    Post it up, I believe we'll be able to help you with this. Unless you want ridiculous premiums.
     
    C.H., Apr 30, 2013
    #30
  11. mike titanic

    mike titanic New Member

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    I'm all for a mass buying.I've nearly tripled my ag in april so far and a few more rolls wont break me,but if the premiums go ballistic,I'll buy on may 2nd. Good luck to all.
     
    mike titanic, Apr 30, 2013
    #31
  12. mightymatt

    mightymatt Active Member

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    Does it matter if we buy today instead of tomorrow? or like mike ^^^ on the 2nd of May?
     
    mightymatt, Apr 30, 2013
    #32
  13. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    In the real scheme of things it doesn't matter when you buy but you can't be part of the group who buys on May 1st if you don't buy on May 1st.

    Then you will not be able to tell future generations how you took part in the take down of whoever it is we are trying to take down. Your loss!
     
    Jislizard, Apr 30, 2013
    #33
  14. blanca

    blanca New Member

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    Haha. I wanna be part of this take down!!
     
    blanca, Apr 30, 2013
    #34
  15. Stick Framer

    Stick Framer New Member

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    If I buy tonight Vic Time the order will be processed tomorrow morning and thus being a 1st May purchase

    Now for GP to release that code
     
    Stick Framer, Apr 30, 2013
    #35
  16. libertadiac

    libertadiac Member Silver Stacker

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    Presumably that is May 1 US time. Perhaps aussies could drain dealers stocks before US wakes up on May 1. That would be kinda fun.
     
    libertadiac, Apr 30, 2013
    #36
  17. Ernster

    Ernster New Member

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    I dunno about all of you, but I'm buying May 2nd. (if this plays out)
     
    Ernster, Apr 30, 2013
    #37
  18. Silvervester

    Silvervester New Member

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    I bought today. Dunno about tomorrow.
     
    Silvervester, Apr 30, 2013
    #38
  19. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    If it plays out won't demand grow, supply diminish and prices rise? I am not sure it will have anything more than a symbolic effect anyway.
     
    Jislizard, Apr 30, 2013
    #39
  20. 757guy

    757guy New Member

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    I was gonna buy more last week but decided to wait til the first just for the cause of it.I'm not sure what this would do but I'll contribute just out of curiosity.
     
    757guy, Apr 30, 2013
    #40
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