I think we can put this to rest. From $19.50 to $23.50 in a month gave me close to $24. Most of the gain came from silver going up, not the AUD going down. The trend is to the upside now and it is hard to believe that the bottom is not behind us. Silver is still cheap, especially in comparison to the share and property bubbles. I believe raw bullion is the way to go - quantity, not quality. Spot doubling won't double the premiums, so stack more for your dollar.
you were wrong on 2 x fronts another failed prediction silver is not $24 aud ( and was only close for a couple of trading hours. ) and the AUD went no where near 70c. next your strokes here will be stroking it for you because you predicted the sun will rise tomorrow. please give me a break, $20 or $23 aud / oz is practically the same for a physical stacker. If you were trading millions in paper ounces where that difference would matter you wouldn't be here. I will wait for a price movement that will actually make a different to us physical stacker's like say $36 by easter.
Your picking on Sammy. Even if your right, its unpleasant and unnecessary, and detracts from the forum.
The AUD dropped during Asian trade. It will be interesting to see how it fares in Europe and North America. Also factor in smackdown, smackup, or smackSFA bearing in mind that US spot is trending up.
still not looking good for $24 let alone by may 1 maybe it will maybe a may 1 in a few years time we will get there maybe