Is $22 the new bottom?

Discussion in 'Silver' started by sammysilver, Oct 29, 2015.

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  1. raven

    raven Well-Known Member Silver Stacker

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    never seen $19.09 au$ either !
    :)
     
    raven, Dec 3, 2015
    #81
  2. Monsta

    Monsta Member

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    If it hits $18.xx I am buying some. Just to say I bought at $18.

    Tomorrow night is going to be very interesting.
     
    Monsta, Dec 3, 2015
    #82
  3. ParanoidAndroid

    ParanoidAndroid Well-Known Member

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    But is anywhere going to be selling it for $18.XX AUD?
     
    ParanoidAndroid, Dec 3, 2015
    #83
  4. Monsta

    Monsta Member

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    We all know Spot and Deliverable price are two different things. So no, nobody will be buying at spot price.

    I am paying 4% premium on ABC Deliverable 1oz prices into my allocated account. Once I accumulate a kilo worth they put an ABC kilobar in your name (or if buying gold, 1oz ABC Buttons). Right now that is AUD$19.95/oz with full storage for 12 months & no barring fees when taking your ABC bars - if you want different sizes then a fee applies. I just walk in and pick it up in Sydney CBD - and I do take delivery.

    For comparison, GoldStackers Unallocated is currently AUD$21.20/oz, BullionMoney Unallocated is AUD$21.11/oz and you have to pay barring fees on that.

    To be honest, I am tempted to buy at under $20/oz with less than $1/oz premium, but I know it is going lower yet.
     
    Monsta, Dec 3, 2015
    #84
  5. Ghost

    Ghost Member Silver Stacker

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    If it keeps falling at this rate I'm going to liquidate my entire stack and put the money into something with solid value... Like copper!
     
    Ghost, Dec 3, 2015
    #85
  6. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    I support this initiative :p. I have some cool copper rounds and small bars.

    Hang on, the first person who ever sold me some copper was SammySilver! It's all coming together now!
     
    SpacePete, Dec 3, 2015
    #86
  7. SilverDJ

    SilverDJ Well-Known Member

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    You can buy pool silver for AU$19.16 at the Perth Mint right now. Not far off...
     
    SilverDJ, Dec 3, 2015
    #87
  8. SilverDJ

    SilverDJ Well-Known Member

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    Perth Mint Depository:
    [​IMG]
     
    SilverDJ, Dec 3, 2015
    #88
  9. Monsta

    Monsta Member

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    That's all well and good, what's the cost to me to take delivery? Freight to Sydney?

    FirstGold I give 48 hours notice and walk into their offices on my lunch break after a 15 min train ride and walk. And while time is money, getting away from my desk at lunchtime is worth the trip.
     
    Monsta, Dec 3, 2015
    #89
  10. Ghost

    Ghost Member Silver Stacker

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    I wonder if that too is affected by milkspots...? Or does the chlorine sort em out...?
     
    Ghost, Dec 3, 2015
    #90
  11. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Who would of thunk? $4 drop in less than 7 weeks.
     
    sammysilver, Dec 14, 2015
    #91
  12. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Me :D
     
    Holdfast, Dec 14, 2015
    #92
  13. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Where to next for silver?
     
    SpacePete, Dec 14, 2015
    #93
  14. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    ...or how long can it stay at this low low price? Not long me think. :/
     
    Skyrocket, Dec 14, 2015
    #94
  15. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    If it does you might have to rotate your picture by 90. :p
     
    SpacePete, Dec 14, 2015
    #95
  16. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    ^ lets hope not because that would be embarrassing :eek:
     
    Skyrocket, Dec 14, 2015
    #96
  17. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Finally we are approaching $22 again. The uptrend may hold if we can ensure SammySilver refrains from making any more price predictions. :p


    And I wanted to post this pic again for no particular reason:

    [​IMG]
     
    SpacePete, Feb 8, 2016
    #97
  18. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    As I was saying, before being rudely interrupted .......
     
    sammysilver, Feb 9, 2016
    #98
  19. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    You were too conservative. $23 is the new bottom.
     
    SpacePete, May 19, 2016
    #99
  20. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    so where is $24 silver by may 1

    or $28 silver in June

    lol


    lol
    lol
    lol
    sammy the fool at it again.
     
    Court Jester, May 19, 2016
    #100
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