Lowest Silver Price In Over A Year

Discussion in 'Silver' started by SilverDJ, Jul 3, 2017.

  1. StewyD32

    StewyD32 Well-Known Member Silver Stacker

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  2. alor

    alor Well-Known Member Silver Stacker

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    NK must be hacking the Japanese Silver market, not a glitch
     
  3. Aeroforce

    Aeroforce New Member

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    Wow. This was quite a drop I didn't see coming. I was watching 10 X 10 toz ITB 999 Silver bars all the way down until spot was at 15.435 usd. That is when I jumped in. Added 100 toz to my stack. Time will tell...I probably pulled the trigger too soon, but my itchy trigger finger won...again.

    Hoping this thing turns around soon. I am optimistic. Good luck to you all. I appreciate all your comments.
     
  4. JOHNLGALT

    JOHNLGALT Well-Known Member

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    Aeroforce, "Good luck to you all." and good luck to you as well. You guys over in the States get to buy @ bargain basement prices.
    Down-Under we have to pay the Dollar Exchanged value in $AUD which is about 76c to your $.
    I will be buying the same sized ingots as you on Monday, though not as many, lol. JOHNLGALT.
     
    Aeroforce likes this.
  5. SilverDJ

    SilverDJ Well-Known Member

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    Still dropping.

    [​IMG]

    [​IMG]
     
  6. matevis

    matevis New Member

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    ACTing up.
  7. billybob888

    billybob888 Well-Known Member Silver Stacker

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    Gsr is at 1 year high, probably will breach 80 soon at this rate
     
  8. JOHNLGALT

    JOHNLGALT Well-Known Member

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    Regarding the G/S ratio versus the LEGAL TENDER STATUS of silver to gold,- it is one OUNCE of gold to 100 OUNCES of silver, so is GOLD CHEAPER than silver in a collapse scenario?
    Thoughts anyone? - _JOHNLGOLD.
     
  9. billybob888

    billybob888 Well-Known Member Silver Stacker

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    The legal tender nominal value of a coin is for entertainment purposes only, such as the £100 coin, can't actually use it for anything.
     
  10. JOHNLGALT

    JOHNLGALT Well-Known Member

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    Sorry if I am not doing this right. Thank you for your great post.
    Do you mind if I copy this to www.silverdoctors.com website _JOHNLGALT.
     
  11. billybob888

    billybob888 Well-Known Member Silver Stacker

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    Maybe we need to learn how to turn our bullion into jewellery. Surely it must be politically impossible to confiscate all jewellery
     
  12. JOHNLGALT

    JOHNLGALT Well-Known Member

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    I don't know about that, I'm sure the INDIAN Government is working on a way to steal their peoples jewellery from them. _JOHNLGALT.
     
  13. billybob888

    billybob888 Well-Known Member Silver Stacker

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    Doubt thats ever going to happen
     
  14. alor

    alor Well-Known Member Silver Stacker

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    not sure about foreign coins, does gold mean other form of gold coins too? may be not.
    diversify and stored them separately; silver, palladium and platinum

    by the stroke of their pen, we are automatically criminals
    no wonder the Venezuelans hijack the helicopter to throw grenades into a court room building, hope they are not more than criminals that turned into terrorists :rolleyes:
     
  15. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    For Gold Coins and for the government to act upon it, wouldn't the government have to look at gold coins as something more than token novelty?

    There are acts that is not enforced like, a local pub has to have a stable for horses?
     
  16. SilverDJ

    SilverDJ Well-Known Member

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    Will there be a sub AU$20 Friday smackdown?

    [​IMG]
     
  17. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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  18. JOHNLGALT

    JOHNLGALT Well-Known Member

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    The man said NO LOL -JOHNLGALT.


    NO.JPG
     
    TheEnd and paranoia like this.
  19. JOHNLGALT

    JOHNLGALT Well-Known Member

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    Silver needs a 1 Hour meal break after such a busy session. I wonder what TPTB have planned for after the break?

    BREAK.jpg
     

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