I can't see it holding this low ($28's) for long (but I have been repeatedly wrong), but if anyone was waiting for a pullback...this is it, now's your chance. "Too Late, Too Late" will be the cry as the man with the bargains passes by!
if it hits 26ish im getting a 100oz bar and if it where ever to drop to the sub $20 region i'll be selling a kidney and backing the ute up to the perth mint
lol, yours wont be the only ute there. Perth mint should probably consider a drive through service if it gets sub 20. Fast metal
hmm..... well wasnt really expecting $26. maybe if.... This is a solid move. One a few people have predicted. Personally, I hope that it moves to the $22 mark. But then i never get what i want, so my money is on $26. ...... cmon 13k monster boxes!!!!!
Can't think of anything else where you can be invested in it and be so happy when the price drops ASEvil?? Nuff said
bullion prices don't move that close to the spot price. kinda like a 20 day EMA or maybe even 30 day EMA. i said this a bunch of places about the middle of last week i reckon that there is gonna be a big dip all the way back to around 15 or so, the outcome of the inflation of silver certificates thanks to comex and co who will be dishing out 30% premiums on top of cash refunds on silver they can't deliver says to me that short term speculative interest and the big money buying the tonnage will dry up; there will be a significant amount of these guys dumping their pallet-loads back onto the market. the supply of silver for minting is extremely thin now, most places can't do it even if they wanted to. the ones that are smart are already piling up fiat in preparation of the bottom i'm talking about at which point they can buy up and stamp em out and we'll all pay like 20 bux for ounce coins at that point. i could be wrong about the range it drops to though. it could be lower. but i think that a drop to 15 would mean that half the currently stashed silver will be put back up for sale, roughly speaking, which would provide ample silver for the bullion market to get busy on a retail level. since retail silver is typically 25% premiums over spot this is where the smart money will be in this next phase of the market. it won't start up for 3-4 months though.
Yep I've got buyers fatigue for physical. I'll buy another 100oz or so on the beginning of the next rise. I had another load of money but I'm going to look at shares that are also dipping for some bargains instead.
Is there even stock without wait times? Still waiting for the purchases at $30.5 and $29 to come in. Slam
im in exactly the same frame of mind. Thinking about getting a managed gold fund. Have a speccy play on some smaller individual companies
