Op say it all . Are ready for $20. This is getting possible. Back up the trucks and get ready. If this still continuing mayhem well get ready. Wat ever it is. Gold silver here we comes. Beep beep sound off the prime movers. Oh I have taken all the support sticks out. Got mr beaver to chew them all down. Buy bars only.
If it does go that low, it just feels like all the progress in price we have made in the last 3 years will be a waste. The only positives of it dropping is that you can buy more, but what if you don't want to buy more? What if you already have too much? What if you're not as sure about silver as you once where? .......would be nice to drop the old average cost per Oz though
dependent on exchange rates, US$22 will be my first entry price. It was the launching pad for the parabolic price movement. Like all good parabolic price movements, gravity pull the price back to the start of the parabolic movement. Once speculators enter a market, it really doesnt matter whether that parabolic movement was in silver, US property, or dutch tulips.
Buy bars only. I wonder if perth m are ready for these. The last time sold out of production. A month waiting. 10 ounces only. Lol.
I am the first to admit that i am not an expert when it comes to buying form the Perth mint. But after recent price corrections, the Perth Mint might well be happy to sell to you. Their margins will increase on any very recent sales. Perth Mint is a trading house, not a stacker.
its funny, start of last week i asked the question about it dropping under $26 and was prepared to buy some oz's the moment it did, only to wake up to a mid $25 price would be more then happy to see $20
I agree with retardedmonkey you beople have silver nuggets in your head if you think a >10% loss of your assets over a 2 day beriod is a good thing and needs celebrating utter madness some of you are battier than batman
It is madness if you were intending to make a quick buck off PMs... But if you're thinking like 10 years down the road, these prices = bargains! so lets get batty!
I disagree there are many periods in history that it has flatlined for more than 10 years not even keeping up with inflation. We could be heading for such a period now. I disagree with it being a "bargin" atm as no one here rteally has a clue what it is going to do.
On value: "The logic is simple: If you are going to be a net buyer of stocks in the future, either directly with your own money or indirectly (through your ownership of a company that is repurchasing shares), you are hurt when stocks rise. You benefit when stocks swoon. Emotions, however, too often complicate the matter: Most people, including those who will be net buyers in the future, take comfort in seeing stock prices advance. These shareholders resemble a commuter who rejoices after the price of gas increases, simply because his tank contains a day's supply."
I don't remember seeing silver this low in my PM stacking times. Gold yes, I've been watching it since the 800's, but the white metal. Holy crap!!!
