Who's opening the Champagne? who's eating dry chips while waiting for the dip? You got your space suit on yet Major Tom? What happened to the $1 million dollar short? GSR low enough to switch over? Are we starting to miss Blythe are her cheap silver?
3 $42 threads in 1 minute. We need an official silver price poster to prevent this from happening again!
even better its nearly $40 australian, wish the aussie dollar would get back to parity, we'd make another 5% straight up
even though im not done stacking, I can never feel bad about an increase... it just validates silver as a good place to park my fiat. Source:
I'm still #3... The validation of our convictions going back is comforting and satisfying to throw in the face of the naysayers, but it still means our fiat is getting us less than half the silver we got only 6 months ago. This is actually a rather sad period I believe. Our days of cheap silver are rapidly coming to an end.
Yes Auspm. I reckon that you have got it so right. The days of buying cheap silver are coming to an end as big buyers and SMSF members are all hunting silver. The only event that may stall the rise of silver is a correction of 10% or more. When silver was $20 this would have meant a $2 drop, now it means $4. For new and small stackers the road will only get harder. If you are just entering the silver buying market be prepared for 10 % correction at any time but don't stop buying. Ozs are what counts in the long run as fiat is dropping like a stone. Regards Errol43
Funny story, 2 months ago my brothers colleague asked him about Silver at $33. She wasn't so sure, my brother said better get it soon. There are long wait times and supplies are getting low. Anyway she didn't buy any and thought it was expensive at $33. This was because my brother told her that he started buying at $26. Now that she didn't buy any and its at $40, she is bitter about it. I said to my brother just don't mention it, seriously you have to DYODD and make the call yourself. She is still on the sidelines now and the train has well and truly left the station =D. Slam
Silver goes up, silver goes down but ride the waves and wait for the calmer waters .... be the Silver Surfer.