Oh look! That squiggly line is going up again...

Discussion in 'Silver' started by bushfaery, May 2, 2011.

  1. bushfaery

    bushfaery New Member

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    Chart schmart.

    I am the most uncharty person around.

    And I invent my own words -- call the grammar police -- see if I care.

    POS is lower than it was a week ago, but higher than it was a month ago. How's that for insight?

    Everything I've read says PMs are a long term investment. So, why all the fluff today? Does this happen every time there's a dip? Seems to me people investing in silver on paper have the biggest impact on the price, but are the most vulnerable. If you possess the physical stuff, doesn't that put you in a stronger position? Shouldn't owners of physical feel relaxed and secure and let the paper traders do all the stressing?

    Please enlighten me. Help out a newbie.
     
  2. bsides

    bsides Active Member Silver Stacker

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    yep, but i think a "few" people are looking to sell their silver at some point, but need/want higher prices first........
     
  3. fishball

    fishball New Member Silver Stacker

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    Oh I'm as relaxed as can be...I'm only 'stressing' about not being able to buy more during this dip due to cash flow :(

    My physical stack doesn't change in size or color through the dips and spikes and is always holdable in my own hands :)

    Hope it dips more but with current trend seems unlikely
     
  4. jnkmbx

    jnkmbx Well-Known Member

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    Traders love the volatility. Sell high, Buy low and all that jazz.

    *The worm has turned*
     
  5. Blockhead

    Blockhead Active Member

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    i think the majority of current frequent posters here have only ever seen the price go up, it used to go up and down all the time, one minor correction and everyone started panicking, talking about selling, calling tops, etc. The change in sentiment here was quite tangible as soon as it kissed 1980 and dipped.
     
  6. errol43

    errol43 New Member Silver Stacker

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    The nightstackers didn't seem to notice too much.

    Regards Errol43
     
  7. Matthew 26:14

    Matthew 26:14 New Member

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    US $30 an oz would suit me very nicely. At US $50 or something how am I supposed to be able to load up on the Lunar Dragons releasing September ? ? ?
     
  8. Mesmerized

    Mesmerized New Member

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    I'd love it to drop again, I'm saving for that day :)
     

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