$28.00 Silver.

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

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  1. alor

    alor Well-Known Member Silver Stacker

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    [​IMG]
     
    alor, Jul 20, 2020
    #141
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  2. TreasureHunter

    TreasureHunter Well-Known Member

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    It was damn expensive in the last 1 year anyway. Bad buy. So now we're basically waiting for spot price to hit the dealers' prices. But, the dealers might also turn on the premiums...
     
    TreasureHunter, Jul 20, 2020
    #142
  3. Lucky

    Lucky Well-Known Member Silver Stacker

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    There she blows
     
    Lucky, Jul 20, 2020
    #143
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  4. Lucky

    Lucky Well-Known Member Silver Stacker

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    9ACB17FE-42EB-4C09-9176-55271BBE45F7.jpeg
     
    Lucky, Jul 20, 2020
    #144
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  5. adze67

    adze67 Well-Known Member Silver Stacker

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    So it's still not quite back to where it was in September when this thread started :p
    Gotta love this Silver joyride :cool:
     
    adze67, Jul 20, 2020
    #145
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  6. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

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    It tested the 19.40$ USD resistance for awhile if she holds. there will be some interesting moves up in the silver worm.
     
    Silver Soul, Jul 20, 2020
    #146
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  7. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

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    There is one thing silver is famous for and that's killing bugs. Once the world works this out gold will shit its pants :D
     
    Silver Soul, Jul 20, 2020
    #147
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  8. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    I wonder what brought this bounce in both metals on? Maybe the preppers in the USA are converting their cash...
     
    Shaddam IV, Jul 20, 2020
    #148
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  9. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

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    War son.... War ;)
     
    Silver Soul, Jul 20, 2020
    #149
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  10. STKR

    STKR Well-Known Member Silver Stacker

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    Fear meets greed.
     
    STKR, Jul 20, 2020
    #150
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  11. alor

    alor Well-Known Member Silver Stacker

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    the war is not fought, people would just press the red buttons
    anybody know how to press the red buttons and no experience required
    any attack would get a nuclear response
     
    alor, Jul 20, 2020
    #151
  12. STKR

    STKR Well-Known Member Silver Stacker

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    I doubt that. The consequences are too severe and most people in reach of those red buttons know they're playing with hellfire. Not saying it couldn't happen, I just think it's extremely unlikely.
     
    STKR, Jul 20, 2020
    #152
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  13. STKR

    STKR Well-Known Member Silver Stacker

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    I bet it's been a while since ABC have listed their kilo bars for over $1000.

    Screenshot_2020-07-21-05-22-17-88.png
     
    STKR, Jul 20, 2020
    #153
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  14. rainy day

    rainy day Active Member

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    So will it split into paper price and an underground of physical metal, like some precious contraband in a futuristic movie.
     
    rainy day, Jul 20, 2020
    #154
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  15. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    Silver got within 10c of USD $20.00 overnight. Looks like people are buying in.
     
    Shaddam IV, Jul 20, 2020
    #155
  16. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Aussie dollar is back at January 2020 levels of 70 cents.
    Metal is going to be expensive if the AUD drops against the US.
    New wave of COVID; some of the shipping routes are weird, very weird.
    An outbreak in Perth like they've had in Vic, will put more pressure on
    metal prices.
    Low allocations for retail and wholesale.
     
    Holdfast, Jul 20, 2020
    #156
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  17. President Trump

    President Trump Well-Known Member Silver Stacker

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    Since $17 a month ago the retracements have been very shallow. If you were short there's no opportunity to get out without a loss. Shorts must cover. If you are long there is reason to continue to hold because of the price strength heading into resistance.

    If I were an industrial user of silver I would be hedging to smooth the transition to possible higher prces. If I were an investment bank providing the hedge to industrial users I would be buying silver to support the hedge.

    Silver is looking good.

    Screen Shot 2020-07-21 at 7.08.30 am.png
     
    Last edited: Jul 20, 2020
    President Trump, Jul 20, 2020
    #157
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  18. Jason1

    Jason1 Well-Known Member

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    The fact its up and has nothing todo with the aud is a good sign.
    Still a bad time tobe buying physical with the premiums being asked but damn good time to be already owning it.
     
    Jason1, Jul 20, 2020
    #158
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  19. Ag bullet

    Ag bullet Well-Known Member

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    To sell or not to sell......?
     
    Ag bullet, Jul 21, 2020
    #159
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  20. Silverman99

    Silverman99 Well-Known Member Silver Stacker

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    That is the $64,000 question
     
    Silverman99, Jul 21, 2020
    #160
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