Umm well from $49 to mid $30s to $23 what do you think? I think some people a going to have 100oz silver brick BBQs in their backyards
No, this Bull has a long way to run. I reckon, I'll look back at these prices in a couple of years and say...wow...that was a great buying opportunity that many missed.
Have the fundementals in why we stack silver changed? - NO Has it got worse - YES Is this one of the death throws of a very desperate monetary governing body - I Think so. Bull market ------> Just begining
White noise. But LOUD white noise. My stack is for long term. Still buying. Bull run is just pulling back the bow. Just glad that I have no need to sell. New car tyres or bullion? I think I can get a few more miles out of the current tyres........
I'd like to think this is just a blip, a displacement in the market. But we're living in an imperfect world.. so..
I am sure some do! The thing is: we have previously had massive corrections, only to come back up later. We have also had strong corrections, that were only the beginning of lower prices for years... So at this stage it's a matter of conviction. I am sure we have both. If one can hang onto its metal long long term, then it mitigates the risk of loss... but there is an opportunity cost.
Don't know but I think prospector might be right (on another thread) this is starting to feel like dejavu - early 2008 Some serious shit going down in the commodities markets but the AUD has barely moved
Suits me. I need a bunch of silver rods for projects related to my work. Budgeted around $30 an ounce. Think I'll suggest to the boss we purchase soon, and stock before the next run up....
Then pm me if you can't do it here, alot of people here need to blow off some steam. I think there's a need for an uncensored phase
This definately feels different to the rest. I think were heading into some F##### up times. Forget the precious for now and start thinking about survival. Prepare.
You've got to expect a wild ride in precious metals in the present Economic environment. Whether you hang on depends on what you think comes after this. The currency manipulators must try to destroy gold as a viable alternative. If fiat becomes tied to gold they can no longer manipulate.