Who actually cares about daily spot price?

Discussion in 'Silver' started by fishtaco, Jul 13, 2015.

  1. fishtaco

    fishtaco Active Member Silver Stacker

    Joined:
    Oct 11, 2014
    Messages:
    2,293
    Likes Received:
    6
    Trophy Points:
    38
    Location:
    Perth WA
    I personally couldnt give a shit! lol
     
  2. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

    Joined:
    Jun 18, 2012
    Messages:
    4,656
    Likes Received:
    72
    Trophy Points:
    48
    Location:
    NSW
    You could bottle that kind of insightfulness
     
  3. silver kook

    silver kook Active Member

    Joined:
    Dec 1, 2010
    Messages:
    1,119
    Likes Received:
    1
    Trophy Points:
    36
    Location:
    Australia
    That is because you collect numismatics like American Silver Eagles.:lol:
     
  4. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    Yup, life's too short.

    These guys know what's up:

    [youtube]http://www.youtube.com/watch?v=EFsW9QDHa1c[/youtube]
     
  5. SilverDJ

    SilverDJ Well-Known Member

    Joined:
    Nov 1, 2014
    Messages:
    3,935
    Likes Received:
    1,297
    Trophy Points:
    113
    Location:
    Australia
    The only PM price that is relevant is the one that you can actually buy and sell at. Spot is just useful for trend plots :rolleyes:
     
  6. Chubbsng

    Chubbsng Member Silver Stacker

    Joined:
    Apr 27, 2015
    Messages:
    151
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Brisbane
    I watch it as it's another investment vehicle
     
  7. FlashInThePan

    FlashInThePan Member

    Joined:
    Jan 2, 2011
    Messages:
    267
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Commonwealth of Australia
    He certainly does knows the scene...

    Buddy guy's been playing the circuit well before Hendrix could tie his boot laces, then became a for him as he developed an inspiration.

    Stevie Rav Vaughn also was keenly inspired and respected this man.

    He's still dam well going!
     
  8. scrooged

    scrooged New Member

    Joined:
    May 6, 2014
    Messages:
    1,153
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Melbs
    I watch it as it's another investment vehicle and so I really care about the daily spot price because I feel it's largely important.

    I watch it as it's another investment vehicle but in all honestly couldn't give a f#ck what the spot price on a day to day basis was as I feel it's irrelevant.


    Which is it? :)

    .. and to think you were so close to actually answering the question .
     
  9. scrooged

    scrooged New Member

    Joined:
    May 6, 2014
    Messages:
    1,153
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Melbs
    That's 3 of us then. Four if Chubbs is on board.
     
  10. scrooged

    scrooged New Member

    Joined:
    May 6, 2014
    Messages:
    1,153
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Melbs
    And still ain't Hendrix.
     
  11. Chubbsng

    Chubbsng Member Silver Stacker

    Joined:
    Apr 27, 2015
    Messages:
    151
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Brisbane
    Ha okay I dont 'care' about it like a living puppy or something but I am interested in its movements so therefore was saying I watch it from an investors point of you. If one had lots of money in unallocated they would care lots I imagine.

    So...if you're keeping score about 1.3% of me cares about spot price.
     
  12. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,644
    Likes Received:
    1,502
    Trophy Points:
    113
    Location:
    Northern NSW
    Me. :D

    And IMHO, if you say you don't care, you are full of it. ;)
     
  13. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
  14. FlashInThePan

    FlashInThePan Member

    Joined:
    Jan 2, 2011
    Messages:
    267
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Commonwealth of Australia
    Certainly not, Hendrix went way over yonder to the red house, don't think anyone has got that far since he made it light up.
     
  15. hamannmj

    hamannmj New Member

    Joined:
    Jul 12, 2015
    Messages:
    143
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Tampa, Fl
  16. kramer

    kramer Member

    Joined:
    Apr 30, 2015
    Messages:
    479
    Likes Received:
    16
    Trophy Points:
    18
    Location:
    toowoomba
    it is interesting for getting a feel for market sentiment perhaps but the reality is you most likely won't buy much of anything at spot.. there's nearly always a premium of sorts, so i don't pay too much attention to it but i do watch it on SS charts
     
  17. sterling-nz

    sterling-nz Well-Known Member

    Joined:
    Jan 21, 2015
    Messages:
    1,267
    Likes Received:
    149
    Trophy Points:
    63
    I care when i am selling scrap to my dealer.
    It is also the best guide around for what i can pay for stuff i buy and still make a profit when i resell or scrap it.
     
  18. mmissinglink

    mmissinglink Active Member

    Joined:
    Sep 30, 2012
    Messages:
    6,009
    Likes Received:
    10
    Trophy Points:
    38
    Location:
    Everywhere...simultaneously
    I keep my eye on the spot price whenever I log on here but I don't lose sleep over it.




    .
     
  19. bloggie

    bloggie New Member

    Joined:
    Jun 25, 2015
    Messages:
    34
    Likes Received:
    0
    Trophy Points:
    0
    when I'm buying. I like to pay less if I can.
     
  20. Aureus

    Aureus Active Member Silver Stacker

    Joined:
    Jul 7, 2011
    Messages:
    2,949
    Likes Received:
    3
    Trophy Points:
    38
    Location:
    Milky Way Galaxy
    So there are people here who are trying to convince themselves they don't care what their investment is worth?
    You're either rolling in dosh or incredibly careless.

    wake up call needed -
    would your day change if you found or lost a $50 bill? now keep in mind how little spot has to move to replicate that.
     

Share This Page