I would much rather see the price moving in the other direction, I have some USD I'd like to convert ... 12$us/oz would be nice 1$/oz would be perfect.
It looks great today, doesn't it? Those who don't like it going up, must have been waiting for a "better price," and failed to purchase at lower levels. The point of "stacking," to me, isn't just collecting silver until you die...it's to hedge against a falling fiat...and, to increase your buying power at some point in your life. I'd love to see this thing go up 50%! It'd be about time. Tired of seeing a negative trend.
Short term chart is looking sideways, but you can make money still.. Still acquiring in the $14 range but mainly items that have lower premiums. When its in the $15 USD range, I pause.
I totally understand what you're saying, if the currency you store wealth in is your countries official currency, the one you trade for goods and services, then it makes sense you would want to maximize that currency. For me, silver is more like candy bars. I love candy bars, and I would like to have all the candy bars I can get, and I like it when candy bars go on sale at the market.
True, but how often do you see a move of that statistical significance? When you go past 1 standard deviation, you lift your eyebrows but that was rather larger.
