My supply of fiat currency dictates when I buy, not the spot price. Tbh, the paper price doesn't really matter as much anymore anyway. The markets have disconnected. Try buying an ounce here and an ounce there atm for under $38 and see how far you get. Very hard times now for the small scale stacker who can only afford the odd ounce. You can still get competitive rates if you're buying 20oz or more, but otherwise, you just have to follow the physical market as best you can and nowadays, that's not necessarily related to the paper market. Cost average is my strategy.
Spotprice determines how much I can purchase, not so much when. I did enjoy it at 28/oz though. But, what's another 4 or 5 on top.
Am waiting on some funds to clear soonish for another purchase... So will this stock include 10oz pm bars? Just wondering
My magic number at current exchange rate is $33.02, That's when my gain goes over the 100% mark. Roll on you little Beauty.
So the first day of opening in the US didn't cause any major shifts. Does anyone know about the remaining standing orders? Open Interest?