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

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

  1. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

    Joined:
    Mar 16, 2019
    Messages:
    2,257
    Likes Received:
    1,683
    Trophy Points:
    113
    Btc is crashing hard now. And people think silver is volatile haha.
    The metals are doing just dandy for me. Doing their own and doing what they always do.

    Hopefully there wasnt a bunch of people jumping in at the highs like last time but there always are some it seems.
     
  2. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

    Joined:
    Jan 8, 2016
    Messages:
    4,200
    Likes Received:
    1,051
    Trophy Points:
    113
    Location:
    North Sydney
    If no one was jumping in, it wouldn't have hit $19,000
     
  3. heartastack

    heartastack Well-Known Member Silver Stacker

    Joined:
    Sep 2, 2010
    Messages:
    1,404
    Likes Received:
    945
    Trophy Points:
    113
    Location:
    Idaho
    Do you think the Bitcoin protocol is one of the most powerful symbols ever created by man? For a mere abstraction of value it's so potent it feels real.
     
  4. Millennial Engineer

    Millennial Engineer Active Member

    Joined:
    Apr 19, 2020
    Messages:
    114
    Likes Received:
    55
    Trophy Points:
    28
    Bitcoin has had 7 weeks of Green Candles, with the latest rush up over the last week it is due to retrace.

    Bitcoin and friends Should be down over this weekend and start December off strong. IMO should reach at least 25K USD before falling long term on the Value.

    The December 2017 All time High for BTC was inflated against the increase of the US M2 money supply between then November 2017 (13.1 Trillion) and now November 2020 (19.1 Trillion). It would be 27.2K USD now.

    US M2 money Supply March 2020 was 15.6 Trillion/
     
  5. Millennial Engineer

    Millennial Engineer Active Member

    Joined:
    Apr 19, 2020
    Messages:
    114
    Likes Received:
    55
    Trophy Points:
    28
    I also Believe Silver is in an macro up trend. Its just a lot slower then Bitcoin.
    Should head up mid term in the future after it stabilises.
     
  6. jultorsk

    jultorsk Well-Known Member Silver Stacker

    Joined:
    Oct 17, 2016
    Messages:
    905
    Likes Received:
    1,261
    Trophy Points:
    93
    Timberrrrrrrrr.... :eek::confused::confused::eek:

    Screen Shot 2020-11-27 at 2.54.12 pm.png
    Screen Shot 2020-11-27 at 2.54.30 pm.png
     
  7. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    10,178
    Likes Received:
    2,616
    Trophy Points:
    113
    Location:
    Pulau Alor ;)
    Big diarrhea
     
  8. Millennial Engineer

    Millennial Engineer Active Member

    Joined:
    Apr 19, 2020
    Messages:
    114
    Likes Received:
    55
    Trophy Points:
    28
  9. 66rounds

    66rounds Well-Known Member Silver Stacker

    Joined:
    Jun 22, 2019
    Messages:
    2,215
    Likes Received:
    2,312
    Trophy Points:
    113
    Location:
    Melbourne
  10. Millennial Engineer

    Millennial Engineer Active Member

    Joined:
    Apr 19, 2020
    Messages:
    114
    Likes Received:
    55
    Trophy Points:
    28
    Yeah in person and online.

    Cash in person is way to go imo.
     
    66rounds and adze67 like this.
  11. jultorsk

    jultorsk Well-Known Member Silver Stacker

    Joined:
    Oct 17, 2016
    Messages:
    905
    Likes Received:
    1,261
    Trophy Points:
    93
    Signs of life.... must be an early Xmas miracle? :cool:

    Screen Shot 2020-12-01 at 6.43.21 pm.png
    Screen Shot 2020-12-01 at 6.43.55 pm.png
     
    Markco2 and Holdfast like this.
  12. Andybz

    Andybz New Member

    Joined:
    Jul 24, 2020
    Messages:
    12
    Likes Received:
    4
    Trophy Points:
    3
    Location:
    Sunshine Coast
    Dead cat bounce?
     
    66rounds likes this.
  13. Millennial Engineer

    Millennial Engineer Active Member

    Joined:
    Apr 19, 2020
    Messages:
    114
    Likes Received:
    55
    Trophy Points:
    28
    May look like it. After Silver went to 33 it went below 31 AUD

    And the US dollar is showing weakness at the moment as well.
     
  14. Millennial Engineer

    Millennial Engineer Active Member

    Joined:
    Apr 19, 2020
    Messages:
    114
    Likes Received:
    55
    Trophy Points:
    28
    Silver off to a good start this year.
    $35.4 AUD an ounce at the moment Last year High was 41.2 (XE.com) 5.8 AUD to get to Local high last year.

    $27. compared to which was high last year $29.8. 2.8 USD to get to local high of last year.

    USD is weakening which is pushing up the Silver/Precius metals price against international Currencies. If this continues I speculate Silver to go Higher as more people go towards it as more people realise the loss of value and look for other areas to store wealth in besides the bank. (also Solar Panel Demand). Silver Price difference.jpg
     
    sammysilver and JohnnyBravo300 like this.
  15. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

    Joined:
    Feb 6, 2012
    Messages:
    3,431
    Likes Received:
    1,609
    Trophy Points:
    113
    Location:
    P!MP land-Seedeneey
    BTC recovered!
     
    Goldmiester and JohnnyBravo300 like this.
  16. Millennial Engineer

    Millennial Engineer Active Member

    Joined:
    Apr 19, 2020
    Messages:
    114
    Likes Received:
    55
    Trophy Points:
    28
    Yeah went up to 41.5K USD (US Instability)?

    Gold and Silver just got hit before the weekend Silver went down to 31.7 AUD. Im going to buy the dip.
     

Share This Page