Midnight to 6am - Overnight Spot Watchers Spot...

Discussion in 'Silver' started by Turk, Mar 31, 2011.

  1. Andybz

    Andybz New Member

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    *yawn* c’mon silver, do something! What’s everyone’s thoughts on the next move? Do We ride up to $39 Aud again or go lower?
     
  2. LiverBird

    LiverBird Well-Known Member Silver Stacker

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    People have short memories lol. Not so long ago $37 AUD silver was but a dream.
    Silver has been forming a strong base recently. That's a good sign, no?
     
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  3. Andybz

    Andybz New Member

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    I think it is a good sign that it is forming a strong base as it will give us massive support for the next leg up. Although I would like to see it drop lower to give me an opportunity to buy more(cheaper) although I think I will still be buying when it goes higher. My TA is beginner stuff so I was just interested in other people’s views on the future silver market.
     
  4. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    Silver momentarily down 10% and gold dipped below $1900. Wild swings. Whoopsie.

    Screen Shot 2020-09-21 at 8.51.51 pm.png
    Screen Shot 2020-09-21 at 8.54.01 pm.png
     
    Last edited: Sep 21, 2020
    Silver Bullionaire and 66rounds like this.
  5. 66rounds

    66rounds Well-Known Member Silver Stacker

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  6. Pirocco

    Pirocco Well-Known Member

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    Don't forget to keep an eye on the bank of your "dry powder". Things may change relative to 2008, where nearly no depositor lost money due to the bank failures.
    Since 2011 I get an annual reminder of deposit guarantee limit. Customers/depositors won't be able to claim they didn't know.
    During recent years and especially recent months I took measures to reduce my dependency on third parties including banks to a minimum.
    Because to me, it's clear that the central planning has planned a next major crisis (this time with that corona virus as excuse). Cash payment limits, cash withdrawal limits, throttling, be sure that if you wait you'll end up with alot simultaneous with empty hands.
    World won't come to an end though.
    A second wave of lockdowns, however, is well possible to disrupt the supply chains in such a severe manner that even basics stall due to their "higher" dependencies.
    If you have trucks and not gasoline, you can import it.
    If you don't have gasoline and spare parts, you can import both.
    But if you don't have a truck left to import them, everything will wait for everything, and the economical "tissue" will effectively have ceased to exist. It won't take that long further on, to reduce an economy alike EU to Ethiopian levels.
    Big question is, how far will the central planning nazi's drive it this time? In some historical similar cases, they gave up. But in some other cases, they didn't, and the results are worldwide remembered upto present day.
    Buying dips in a stalled trading environment, may end up less easy than an email to a dealer.
     
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  7. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    I sold all my shares and my btc earlier in the week but new buying opportunities are coming fast.
    Wait for it!
     
  8. alor

    alor Well-Known Member Silver Stacker

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  9. alor

    alor Well-Known Member Silver Stacker

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    its -10%
    another -10% ?
     
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  10. 66rounds

    66rounds Well-Known Member Silver Stacker

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    $1820 USD Gold would be very nice.
     
  11. alor

    alor Well-Known Member Silver Stacker

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    gold was -2.5% only, may be another -2-3%
     
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  12. Pirocco

    Pirocco Well-Known Member

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    Lol make that a return to $1200 or so, that's -40%
     
  13. 66rounds

    66rounds Well-Known Member Silver Stacker

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    That would be a dream come true. Does your crystal ball have a date for this miraculous event?
     
  14. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

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    Correction over. Carry on
     
  15. alor

    alor Well-Known Member Silver Stacker

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    back up the truck no more, while stock last
     
  16. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    Expecting spot up
     
  17. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    I sold all my stocks that before it dropped and waiting to buy again when the time is right.
    However I'm going to my lcs on saturday with 2k. I cant wait!
     
  18. 66rounds

    66rounds Well-Known Member Silver Stacker

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    You jinxed it
     
  19. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    Back up the truck , buy buy buy :p
     
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  20. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    I'm sure going to buy on saturday when I'm close to my lcs and I have a good chance of getting by there. We are working close to there and we should be done by early afternoon.
    I have 1 or 2k of savings I want to store safely for now. I dont care what spot is, up a buck or down a buck.
    The ratio will still be 70+ and some of the most expensive I've ever bought haha.
    I did get 6 ounces at $19, 10 ounces at $29 and 6 ounces at $23 earlier.
    I've been buying a little here and there while traveling but only small purchases, waiting to get back to my lcs where I can get alot more for my $$.

    I'd prefer silver but maybe a little gold too, depends on what he has. I'll buy either one but mostly silver for me at these ratios still.
    If he had a pre33 $5 incuse indian or something cool like that I wont be able to resist. I'm a sucker for the old stuff.
    Hopefully has has tons of peace and morgans!
    I will dream of my trip tonight and see if I can manifest a productive day!

    I will pray for the wisdom and guidance of my ancestors to help me to help myself and be a better leader among my people.
    A rabbit that only runs in circles will soon be caught.

    I'll be watching the markets like always but I'm buying on Saturday no matter what.

    Maybe slv on friday? After hours bloodbath?
     

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