My next big purchase is not until Jan 2011 so who knows what will happen by then. I hope it drops a bit more also
i'm all fiated out til at least february regards moon metal so it's all just a freak show to me at the moment.
I'm thinking Monday will be a slight rise. Tuesday will see one last knockdown hopefully to $27.50 ish and then we'll go up to $29 and perhaps crack $30 again by Friday. I'll be waaiting to oorder on Tuesdays dip. But really I'm doing it as a bit of a game since I'd save only $200 if the dip happens. Represents nothing in the long term.
These dips and jumps are quite something. I have the feeling that silvers true worth is shining through here. Certainly is looking solid.
I got some before the price goes to $1000/kg. Theres something about that number that says once it goes past $1000 for a week, it will not come back down, at least for a long time.
I'm actually not unhappy with the price now. I'm going to take my own last dip in the silver pool for the year by buying 200 ounces so even if it dipped $2 I'd be down only $400. Nothing to worry about in the long term. When you're up over $30k on paper over the year for silver alone $400 is a total piss in the pond. My advice, just keep buying. The fluctuations are just noise that will become totally and utterly irrelevant. To save yourself $100 you might be doing yourself out of many multiples more down the track. It's a total no brainer. Just buy is my position.
Too right, guys... it's the long term focus that's important ! Those bumps on the road are nothing as long as you are on the right road. Considering the amount of 'funny play' in the Markets, it's pretty solid foundation. Next week could be interesting, specially after the latest COT is digested... will see ?
Told you there is something about the $1000/kg amount.....ABC selling beyond $1000/kg Silver today with AUD at 0.99 cents...
Thankfully i took the advice of some others on here and picked up another 30ozt yesterday at spot from a new coin dealer that I just found. even if there is a drop I'm happy I did.