$28.00 Silver.

Discussion in 'Silver' started by Shaddam IV, Sep 3, 2019.

  1. STKR

    STKR Well-Known Member Silver Stacker

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    Pretty well performing asset since then. Considering you get retail therapy AND it also happens to be one of the easiest "investments" you can make.
    I wish our banks sold gold and silver. I would certainly respect them more if they did.
     
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  2. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    Silver off to the races just now too.

    upload_2020-7-24_23-7-33.png
     
  3. adze67

    adze67 Well-Known Member Silver Stacker

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  4. SilverDJ

    SilverDJ Well-Known Member

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    Just jumped more than a dollar! Peaked at AUD$34

    upload_2020-7-27_13-33-58.png
    upload_2020-7-27_13-34-51.png
     
  5. STKR

    STKR Well-Known Member Silver Stacker

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    I'm anticipating a pullback from here. I actually sold a bit more of my allocated storage when it hit $34.

    If we break through the $24.36 USD range, I expect we might be testing $26 in no time.
     
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  6. heartastack

    heartastack Well-Known Member Silver Stacker

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    Why would we pull back? US approved stimulus bill tomorrow. Might be a pull back after some initial buying on news and sellers dumping on volume
     
  7. STKR

    STKR Well-Known Member Silver Stacker

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    We might not pullback now, I'm just reading the tea leaves at this stage and that's just what I believe will happen. I was expecting $24.36 to put up some major resistance, but this was just a key level I was keeping an eye on.
     
  8. heartastack

    heartastack Well-Known Member Silver Stacker

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    Hardly have I seen a good prediction in silver. When it’s like this you just kinda hold and watch it rise. Down days come out of nowhere. Technicals mostly useless.
     
  9. mongrelmaple

    mongrelmaple Well-Known Member Silver Stacker

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    Remember folks, nothing ever goes up in a straight line. A pullback will not only happen, but is healthy to have before the next leg up. Cools heads should prevail here.
     
  10. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    Agreed. I would be very happy to see the prices stop rising for a while and just consolidate at these new levels.
     
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  11. radiobirdman

    radiobirdman Active Member Silver Stacker

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    I'd be happy to see $ 300 an oz ?
     
  12. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    I’ve not forgotten the “pullback” from $19 to $11.
     
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  13. STKR

    STKR Well-Known Member Silver Stacker

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    Either way, it's an exciting time to have a Stack!
     
  14. Jason1

    Jason1 Well-Known Member

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    Only needs to touch $36 for a second to blow another of court Jesters calls out of the water. lol
     
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  15. STKR

    STKR Well-Known Member Silver Stacker

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    Silver deserves a massive boost. I feel like now that gold has made all time highs there's going to be a big push into silver.
     
  16. Silverman99

    Silverman99 Well-Known Member Silver Stacker

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    Looking good in NZD$

    upload_2020-7-27_20-43-25.png
     
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  17. adze67

    adze67 Well-Known Member Silver Stacker

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  18. STKR

    STKR Well-Known Member Silver Stacker

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    We briefly dropped below 80:1 to 79.82:

    Screenshot_2020-07-27-18-56-15-35.png
     
  19. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Anyone finds is amusing that when silver was between $12 and $17, there's no low premium silver for sale and even if there are, stocks are low, and now when prices are above $20, suddenly, every dealer has lots of inventory to sell?
     
  20. worldbubble

    worldbubble Active Member

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    look at old threads.
    People were looking for buyers, being confused how come no one wanted the metal. On auctions I was purchasing bullion below spot numerous times. Flipping it at spot was not easy just a year ago.
    So, be aware and not become victim of cheering the prices - within 4 years we might revisit $17 again.

    P.S. The best strategy is to constantly keep accumulating pre set weight of metal (that's what I have been doing since 2012). Silver is perfect for bump and dump
     
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