charts not looking good AT ALL.

+100

thanks mate - i really needed a good laugh!! :lol: :lol:

now - back to watchin' Djokovic cream Nadal ...

 

Congrats Yippe.

I have 2 of my own, and I keep them both in line.

In hard times I always remember the advice russel peters gave me:

"white people, smack your kids". I'm not white but I surely took in that wisdom.

 

so end of financial year in AUD ... silver up 50% and Gold down -5% ....

 

For some... not others.

 

Makes a good case for gold that does

 

Yep - glad I stack the yellow stuff HANG ON? I DONT HAVE ANY!

<sorry Au Bugs but you'll get your own back in due time >

 

For the record, my tin foil hat is here to stay

 

Mine only comes off for washing, which is kept brief

 

Havn't seen a thread with so much venom since Auspm retired..Play the ball men and not the player...

For those that want to make money another read of Rich Dad Poor Dad might be the answer.

One of the messages I got from this book was if one wanted to become rich with fiat it was essential to buy an asset at below cost, sell it immediately at a profit and do so as many times as possible. If you can't do this time is against you.. It is no good being rich at 70 when you are too old to enjoy it.



Unless you have a stack of 10,000, then maybe, just maybe you may find yourself a rich person if silver rises 500%, then you are rich if fiat retains its value. But how long will you have to wait?

For most SS members on this site, remember a half a loaf of bread is better than none and always remember never to be jealous of another persons stack or how he trades.

Regards Errol43

Will it go up or down? I don't bloody know but it will one way or the other!

 

cease FIRE!... 5 DAYS of PEACE.

well well every one may have a different position but are on the same side buying silver.

let say a guy bought $200 k when prices was low $7, then he is holding on to a huge pile 28500 oz, so even if he is adding more purchases at $50, for $20k, abt 10% more of his original purchase $ outlay, he is getting additional 400 oz, position. he can closed his eyes and buying and buying and will not really impacting much in terms of ounces on the average cost, until well very long indeed. (a decade may be)

if you are in a very different position, there are many ridiculous thing ? that you can do. WOW, back up the mining truck man.

indeed "selling" may never appear in someone's dictionary.

not in the near future or until silver prices went up too many times multiples. it could be tempting to sell at $8, but no buyer willing to take, so it is good to get stuck

~~~~~~~

 

Did you all get more silver?

price need to go to 43 usd, I will be selling my silver for distribution purpose. of course the ozs just bought weeks ago. for a nice 25% gains.

 

Triple bottom FTW!

 

it will get near to 43 usd

 

...hmmm next resistance level - adding another $5 from here doesn't seem too far down the road...

 

so far we have not rested on 38.50 usd yet, so 43 is a mark, when creatures with hammers are coming in again.

we may test 46/45, but i would not bet on that, there is no legs so far. (Gold may float silver, hope so to near 50 usd)

 

yeh this will be interesting later to see what happens.. since the big drop we have hit this level 3 times now... If we go through $39 expect it to keep going or crash... I cant see it trading flat

 

Let's just say, the original prediction / purpose of this thread turned out to be completely wrong - the charts were, in hindsight, looking good!!

 

Good is a matter of perspective though

Chats might be looking bad for someone who's shorting silver right about now.

 

Once again, silver seasonality seems to be at work.

 

this increase in price seems to be making people frisky, never seen so many closed thread in one night.