Coming out of the woodwork!

Discussion in 'General Precious Metals Discussion' started by STC, Aug 14, 2020.

  1. STC

    STC Well-Known Member Silver Stacker

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    Greetings Stackers,
    I notice the sales section activity increasing with the rising spot price, long time holders, SMSF’s, even last month buyers who are in the black, lots of sellers & buyers.

    Some very unusual stuff will start popping up, sterling silver serving dishes, Golden [email protected]#k rings(I’d pass), Silver trophy’s & even maybe grandma’s gold teeth. I can’t wait!

    I also remember the last parabolic multi dollar move up, with the price increase the dealers ran out, the mints around the world went into overtime, 10week back orders, queues out the door & even the antiques stores & fleemarkets had people searching for underpriced teapots.. wanna buy a teapot? Ps PM Numi will meet spot, some beauties out there.

    FOMO will be real, stock will run dry.

    Beware the deal too good to be true & just be cautious because some scum will appear very soon too. Check feedback, mail by proxy if possible, newish members post 1st! Read stickies, particularly the packaging one. I recieved a 20oz bar that someone had wrapped in bubble wrap then paper, took 3weeks to get to me & caused a lot of stress, wrap them big, big parcels don’t get lost as much.

    My question is: What are you looking for?
    I am hoping to see some very fine jewellery pop up, chains/rings etc, Australian early Sovs, US old gold coins. Hopefully around 2am so Boyscout doesn’t beat me to them!

    I think Gold will be popular but silver with its bang for buck price will excel like last time. Lunar, kooks & 10oz Bars will be hot demand. Silver hit AUD$50 when gold was $1700ish so this time I expect silver to challenge $60/$70/$80 & overextend past $100 before coming back to reality.

    I know I will be offloading my Lunar & Kook stocks to focus on some bling - let me know what you have plz! I feel like a Panda whale too. Soon it will be time to rearrange.

    Either way, if your a buyer, a seller or just restructuring your stack, I hope you enjoy the roller coaster of emotions that each berg supplies, dollar cost average, don’t try to catch that falling knife, dodge the dead cat bounce & when it’s dun n dusted I hope you love what you have - because you may wait a decade sitting on it for the price to get back up. Best of luck!
     
  2. Ag bullet

    Ag bullet Well-Known Member

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    JS1880, kilo, Revils and 1 other person like this.
  3. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    World peace?
     
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  4. STC

    STC Well-Known Member Silver Stacker

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    I have to say, my stack gives me peace of mind so I have contributed to world peace.
     
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  5. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    What’s a “Panda whale”?
     
  6. Revils

    Revils Well-Known Member Silver Stacker

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    I unexpectedly started buying gold coins lately, an expensive hobby. I've got my eye on an old pm silver bar but after that I'll have to take a break because I've still got moving costs and some house repairs planned for later in the year.
     
  7. STC

    STC Well-Known Member Silver Stacker

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    Someone who bought too many panda, sales thread coming soon.
     
  8. STC

    STC Well-Known Member Silver Stacker

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    Buy what you can afford, go without(food/water/air)if you want to.
    I’m planning a new shed. Right now it costs 5oz Au, next month it may only be 4..
     
  9. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

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    pw.jpg
     
  10. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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  11. STC

    STC Well-Known Member Silver Stacker

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    That is awesome! I hope it’s a gift because I’m stacking it!
     
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  12. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Haha, and an avatar change!
     

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