Expecting silver to drop to at least $22 AUD

Discussion in 'Silver' started by openeyes, Mar 12, 2020.

Page 2 of 6
  1. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    3,892
    Likes Received:
    1,963
    Trophy Points:
    113
    Location:
    Singapore
    The prices has always been exorbitant for QB. I buy from LPM instead.

    EDIT: ok I noticed, there’s an error on their silver prices.
     
    Last edited: Mar 13, 2020
    sgbuyer, Mar 13, 2020
    #21
  2. Silverling

    Silverling Well-Known Member Silver Stacker

    Joined:
    Aug 13, 2017
    Messages:
    1,586
    Likes Received:
    1,947
    Trophy Points:
    113
    Location:
    NSW
    Probably one of the best calls I've seen yet, almost there. Silver down 7% overnight and is now sitting at $23.68 AUD. Well done on your analysis!
     
    Silverling, Mar 13, 2020
    #22
    silverhair, 66rounds, sgbuyer and 1 other person like this.
  3. sterling-nz

    sterling-nz Well-Known Member

    Joined:
    Jan 21, 2015
    Messages:
    1,267
    Likes Received:
    149
    Trophy Points:
    63
    This is so so sick.
    I have been waiting for sub $13 SILVER to get back in and it looks like i may get my wish.
    The problem is now with the way my life is going i will get a load of sub $13 then get covid19 and die.
    I just thought id put it here for posterity ,not that ill be able to look back if i am right
     
    sterling-nz, Mar 13, 2020
    #23
    SuprmeLeadr, GoldenEye, 66rounds and 2 others like this.
  4. 66rounds

    66rounds Well-Known Member Silver Stacker

    Joined:
    Jun 22, 2019
    Messages:
    2,984
    Likes Received:
    3,392
    Trophy Points:
    113
    Location:
    Melbourne
    So do we load up now or wait?
     
    66rounds, Mar 13, 2020
    #24
    STKR likes this.
  5. STKR

    STKR Well-Known Member Silver Stacker

    Joined:
    Aug 19, 2019
    Messages:
    1,486
    Likes Received:
    2,846
    Trophy Points:
    113
    I'm doing half now and will buy more if the price drops a couple of $.
     
    STKR, Mar 14, 2020
    #25
    sgbuyer and 66rounds like this.
  6. STKR

    STKR Well-Known Member Silver Stacker

    Joined:
    Aug 19, 2019
    Messages:
    1,486
    Likes Received:
    2,846
    Trophy Points:
    113
    I've noticed that recently ABC Bullion has Eagles, Kangaroos and Krugerrands all on pre-order.
     
    STKR, Mar 14, 2020
    #26
    66rounds likes this.
  7. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    3,892
    Likes Received:
    1,963
    Trophy Points:
    113
    Location:
    Singapore
    I'm more for gold than silver currently, but since I've bought enough gold, I ordered some token silver just to avoid FOMO if it does spike.

    Personally, I think the economy is going to get very bad over the next 3 months because of the quarantines. So, some amount of cash is required for emergencies - be it for ownself or extended family. But if you are exchanging gold for silver, this won't matter that much.
     
    sgbuyer, Mar 14, 2020
    #27
    66rounds likes this.
  8. 66rounds

    66rounds Well-Known Member Silver Stacker

    Joined:
    Jun 22, 2019
    Messages:
    2,984
    Likes Received:
    3,392
    Trophy Points:
    113
    Location:
    Melbourne
    I like your new signature haha. At this GSR and price i think its hard not to skip over silver. I will hold unallocated though to make it easier to switch back.
     
    66rounds, Mar 14, 2020
    #28
    sgbuyer likes this.
  9. minimilled

    minimilled Active Member

    Joined:
    Nov 24, 2019
    Messages:
    286
    Likes Received:
    165
    Trophy Points:
    43
    Yup. The quarantine is the main prevention and treatment at the moment.

    Expect to see some crazy euphoric rallies with effective treatments, should they come. Possibly vaccines too, but mutation or “antigenic drift” may mean the hope is short lived.
     
    minimilled, Mar 14, 2020
    #29
  10. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
    well if they let you have the current prices, not the markup weekend one
    got my QB just this morning online

    waiting may be some more months ahead

    last night was a spike down, the window of price falls could have just ended
     
    alor, Mar 14, 2020
    #30
    66rounds likes this.
  11. minimilled

    minimilled Active Member

    Joined:
    Nov 24, 2019
    Messages:
    286
    Likes Received:
    165
    Trophy Points:
    43
    Silver at 15 AUD again implies a strong AUD - I don’t see it....unless we are saying there will be extreme liquidation from ASX equities and everyone with superannuation going “stopover” into cash only.
     
    minimilled, Mar 14, 2020
    #31
    66rounds likes this.
  12. 66rounds

    66rounds Well-Known Member Silver Stacker

    Joined:
    Jun 22, 2019
    Messages:
    2,984
    Likes Received:
    3,392
    Trophy Points:
    113
    Location:
    Melbourne
    Any options for spot unallocated in your region?
     
    66rounds, Mar 14, 2020
    #32
  13. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
    alor, Mar 14, 2020
    #33
    66rounds likes this.
  14. 66rounds

    66rounds Well-Known Member Silver Stacker

    Joined:
    Jun 22, 2019
    Messages:
    2,984
    Likes Received:
    3,392
    Trophy Points:
    113
    Location:
    Melbourne
    66rounds, Mar 14, 2020
    #34
    silverhair, alor and STKR like this.
  15. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    3,892
    Likes Received:
    1,963
    Trophy Points:
    113
    Location:
    Singapore
    The quarantine is more scary than the disease. Imagine if you have a kid, what happens if you're tested positive? And what happens to your colleagues? If you work in a restaurant, the authorities will probably have to shut it down.
     
    sgbuyer, Mar 14, 2020
    #35
    Silver260 and STKR like this.
  16. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    3,892
    Likes Received:
    1,963
    Trophy Points:
    113
    Location:
    Singapore
    Do you mean you paid $66 for the 2 oz horse? Not getting any kilobars? They are selling out really quick. :D
     
    Last edited: Mar 14, 2020
    sgbuyer, Mar 14, 2020
    #36
    STKR likes this.
  17. madaw1

    madaw1 Well-Known Member

    Joined:
    Dec 5, 2011
    Messages:
    2,158
    Likes Received:
    3,228
    Trophy Points:
    113
    Location:
    Great Western Country
    I don't think there is /or will be-contrary to the claims/ any vaccines against this kind of virus...
     
    madaw1, Mar 14, 2020
    #37
  18. 66rounds

    66rounds Well-Known Member Silver Stacker

    Joined:
    Jun 22, 2019
    Messages:
    2,984
    Likes Received:
    3,392
    Trophy Points:
    113
    Location:
    Melbourne
    Every disease has a prevention/cure. Depends how long we take to find it. If we don't lock down like China, we might not find it until too late.
     
    66rounds, Mar 14, 2020
    #38
  19. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
    52.40 just before it went up.. will wait on kilo next time low again
     
    alor, Mar 14, 2020
    #39
    sgbuyer likes this.
  20. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
     
    alor, Mar 14, 2020
    #40
Page 2 of 6

Share This Page