$40.00 Silver by Friday?

Discussion in 'Silver' started by maverick, Aug 6, 2020.

  1. maverick

    maverick Well-Known Member Silver Stacker

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    40 it is :D
     
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  2. STKR

    STKR Well-Known Member Silver Stacker

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    $12 would be great
     
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  3. maverick

    maverick Well-Known Member Silver Stacker

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    Sell or hold ? Or buy ;)
     
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  4. Boyscout

    Boyscout Well-Known Member Silver Stacker

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    Do all of the above, sell what you nolonger want.
    Hold the pieces you love and buy more with the Fiat you got from items you have sold:D
     
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  5. maverick

    maverick Well-Known Member Silver Stacker

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    Could not agree you more . . . Wish there was a double like button for this :D:D
     
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  6. Jason1

    Jason1 Well-Known Member

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    When silver is at $40 I never thought I would ever say this as Im a cautious stacker, but I think it still has a more in it. lol
    famous last words, and I cant believe I havent sold yet lol, but It does feel like it has a bit more togo.
    Please dont make your decision off my prediction here, just an opinion
     
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  7. Jason1

    Jason1 Well-Known Member

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    if you tip the chart on its side, you will see silver is going side ways lol
     
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  8. Karoi

    Karoi Well-Known Member

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    The last few weeks seem a bit too good to be true :D
    Is this really happening?
     
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  9. President Trump

    President Trump Well-Known Member Silver Stacker

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    The fundamentals for a rise were the best they had been since 2010. The long term sideways move, I suspect, meant many institutions didn't regard hedges as necessary. This is a big short squeeze. It can still accelerate from here. This is what it looks like when one side of a market is caught short. I'll tell you who wasn't caught short... stackers.
     
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  10. SilverDJ

    SilverDJ Well-Known Member

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    Nothing to see here, move along now.

    upload_2020-8-7_9-20-14.png
     
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  11. Revils

    Revils Well-Known Member Silver Stacker

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    Mentally it's getting hard to buy though, my brain is wired on buying 10oz PM bars at $250 or less and 1kgs at $700 or less. Still glad to have bought most of my stack at those prices, just wish the timing of my 14 lot auction selling over 100oz was 1 month later.
     
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  12. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    $41.00 on Friday morning. Unbelievable.
     
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  13. bretto

    bretto Active Member

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    All bets are off.
     
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  14. madstu

    madstu New Member

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    Giddy up! Time to ride the wave.
     
  15. gbickle

    gbickle Member

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    So is $40 now a pullback buying opportunity? .. :)
     
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  16. maverick

    maverick Well-Known Member Silver Stacker

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    That's a general issue, we all get anchored to the cheapest price and this grey area of buy or not to buy coupled with FOMO is always confusing.
     
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  17. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    On the 13 November 2012, Emma Wall of the "telegraph" UK said, when silver was 32USD that silver would be $165 by October 2015.
     
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  18. alor

    alor Well-Known Member Silver Stacker

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    having too much of back to the future coins :)
     

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