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

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

  1. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    yet, those dimwits will say crypto isn’t manipulated.
     
  2. Boyscout

    Boyscout Well-Known Member Silver Stacker

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    I am dusting off the good old trustee truck..... getting it ready to fill up, just need a few more red candles:)... now where are them darn keys
     
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  3. alor

    alor Well-Known Member Silver Stacker

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    he busy with lions seals sales lol
     
  4. STKR

    STKR Well-Known Member Silver Stacker

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    ABC has 6 of their 7 coins listed as pre-order. Only thing left is a $61 per Oz goose:
    IMG_20211123_150927.jpg
     
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  5. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    crazy times….
     
  6. alor

    alor Well-Known Member Silver Stacker

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    smaller bars usually cost a bit more than bigger 100oz bar
    but it cost more for 1 100 oz bar compared to 10 x 10 oz bars :D
     
  7. SilverBags

    SilverBags Well-Known Member Silver Stacker

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    And the Ponzi scheme fiat will revalue gold to its true value at $87k and $10k silver and who will want the ponzi fiat then?
     
  8. STKR

    STKR Well-Known Member Silver Stacker

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  9. alor

    alor Well-Known Member Silver Stacker

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    The “statutory price” for gold is set at $42.22 per fine troy ounce, the same price it was in 1971 when the dollar came off the gold standard. The real price of gold in the open market is about $1750 per troy ounce. https://www.forbes.com/sites/vipinb...an-1-of-total-bitcoin-supply/?sh=2bb23958e8fa

    what is a record, and what is real is not relevant to what ??? but they won't sell you for $42.22 per ounce, but their price is $42.22 LOL
     
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  10. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    Nice little pop in the metal prices today, particularly in gold, might be an interesting overnight session coming up tonight in Europe & US.

    There is nothing like the smell of fear of a new covid strain with an extremely high number of mutations to liven things up a bit;)
     
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  11. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Covid Gold!
     
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  12. alor

    alor Well-Known Member Silver Stacker

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    par Palladium to Gold
    good time to swap o_O
     
  13. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    Good time to ditch the two white metals altogether and climb aboard the gold train, if you have any sense at all!

    Platinum and palladium are and always will be nothing but industrial metals, and those of you waiting for platinum to return back
    to its glory days of being priced higher than gold will be waiting all your lives.

    And as for palladium that $200 price crash overnight is a sign of things to come, not a sign to back up the truck;)
     
  14. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Back when gold was $1000< I mostly only bought fractional because it was way too expensive and it wouldnt ever go up much more. I mean how could gold ever go that high.
    Now I buy fractional for the same reason!
    I'm too broke for this shit! Haha
     
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  15. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    Yes, I hear that all the time from people who are earning much more money than me, that gold is too expensive now and they can't afford to buy it.

    And yet they seen to find the money to gamble on cryptocurrencies, drink expensive grog, and are willing to pay nearly $50 for a packet of fags:rolleyes:

    I am still buying more gold than I am selling at these prices and will continue to do so until the price is substantially higher.

    The smallest stuff that I stack is the 1/25 oz gold coins these have a spot of $100 each in Aussie fiat, when these coins have a spot of $1,000 or more
    I will agree with you that gold is probably too expensive to buy at those prices.;)
     
    Last edited: Nov 27, 2021
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  16. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Yes gold is always too expensive and I used to CRINGE at $115 usd 1/10 Eagles a few years ago. Who would pay $1150 an ounce for gold, really!?
    I was pretty sure buying ten of them was a stoopid choice and they'd never be worth much more but as they say, gold doesnt make a profit. It's just a savings.
    Just gotta accept the old relic for what it is. Ancient and not worth much these days with them aircoins.
     
  17. alor

    alor Well-Known Member Silver Stacker

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    prices are at middle grounds, so there is a chance of further fall or recover up
    if one continue to accumulate is the strategy, then just grab what ever is reasonable, take it as black friday discount
    I have palladium as a hedge for silver, just in case silver plunge, when they both went up, I can sell the one that overshoot, and buy back later when it drop again... so this can be the time to maintain that hedge as time passes, the silver began to build up again, just to retain their parity
     
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  18. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Nice plan but idk about hedging metals with metals. That's like hedging Bitcoin with ethereum.
     
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  19. alor

    alor Well-Known Member Silver Stacker

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    it worked out real well in the recent top $3000 for Pd, can sell but with got a big hair cut...none the less, can buy it back now, and balance put in silver.
    that is the idea of hedging and increase your metal at different time. I did that before, so will do again in the future.
     
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  20. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    ^^^^
    What worked for you in the past is not guaranteed to work for you in the future, we are about to enter uncharted territory;)

    They gave us plenty of warning about what they were planning to unleash on us with Deagle over the years.

    $15,000 purchasing power parity yearly wage in 2025, if you are still lucky enough to have a job then.

    By that I mean you might still have a $60k yearly wage, but it will only buy you what $15k does today.
     
    Last edited: Nov 27, 2021

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