Silver Spike...

Discussion in 'Silver' started by SilverSale, Jun 14, 2019.

  1. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

    Joined:
    Mar 16, 2019
    Messages:
    468
    Likes Received:
    324
    Trophy Points:
    63
    That was an interesting read and not too long haha. Perfect.
     
  2. Gonzo

    Gonzo Active Member

    Joined:
    Oct 13, 2016
    Messages:
    114
    Likes Received:
    69
    Trophy Points:
    28
    Location:
    Sydney, Australia
    Ahhhhh. Predicting the price is a mugs game. If you could do it, you wouldn't be here posting on a silver stacking forum. You'd be on some lush island with your loved ones, drinking, eating and living it up wouldn't you. Not here posting at 10:30pm on a Tuesday night. Now I'm a mug but one day... one day... my horde is gunna shine!!!
     
    Last edited: Oct 22, 2019
    Slimey, 66rounds and Oddjob like this.
  3. Gonzo

    Gonzo Active Member

    Joined:
    Oct 13, 2016
    Messages:
    114
    Likes Received:
    69
    Trophy Points:
    28
    Location:
    Sydney, Australia
    Well drinking a nice whiskey, and with loved ones all tucked up safe and sound inside. A silver stack protecting my real wealth. Does life actually get any better? If needs are a trivial thing, and wants few and far between, and with protection in the vault, are we not already wise and ready to sit this thing out. Sometimes I think even if my horde went to da moon, maybe my happy times are right now? You know what's really weird, how when we look back on the happiest time of our lives, we rarely acknowledge them at the time for what they are. My 2c... God bless all.
     
    Last edited: Oct 22, 2019
    SuprmeLeadr and 66rounds like this.
  4. TreasureHunter

    TreasureHunter Well-Known Member

    Joined:
    Oct 29, 2012
    Messages:
    2,576
    Likes Received:
    177
    Trophy Points:
    63
    Location:
    Treasure Island
    You bought 66 rounds?

    If so, why buy rounds and not minted coins? Just asking. I'm curious about your preference.
     
  5. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

    Joined:
    Mar 16, 2019
    Messages:
    468
    Likes Received:
    324
    Trophy Points:
    63
    Maybe 66 rounds is a gun reference?
     
    Gonzo likes this.
  6. Mint Silver Coins

    Mint Silver Coins Active Member

    Joined:
    Feb 28, 2018
    Messages:
    102
    Likes Received:
    77
    Trophy Points:
    28
    Location:
    Atherton, Queensland
    LOL :p I was replying to a SS member called 66 Rounds ... and said that I will post an article tomorrow.
    maybe I could have worded it better LOL :p I should have posted it as a "quote reply" ;)

    Oh, and I only have, 1 oz. Silver Coins and Rounds ... but did once buy a silver bullet for my son's birthday :D
     
    Last edited: Oct 23, 2019
    66rounds likes this.
  7. SilverSale

    SilverSale Well-Known Member Silver Stacker

    Joined:
    Sep 25, 2009
    Messages:
    2,198
    Likes Received:
    105
    Trophy Points:
    63
    Location:
    Australia
    Tharrrrrrr she blows!!! (take 2)

    10% of the S&P 500 reports today.

    Also, today is the 90 year anniversary of the 1929 crash.
     
    sgbuyer and 66rounds like this.
  8. 66rounds

    66rounds Well-Known Member Silver Stacker

    Joined:
    Jun 22, 2019
    Messages:
    652
    Likes Received:
    496
    Trophy Points:
    63
    Location:
    Melbourne
    Still no break of key levels. The suspense is warmly welcomed but is also killing me
     
  9. SilverSale

    SilverSale Well-Known Member Silver Stacker

    Joined:
    Sep 25, 2009
    Messages:
    2,198
    Likes Received:
    105
    Trophy Points:
    63
    Location:
    Australia
    Gold smashed US$1500.... silver almost $18. Higher lows formed on both metals.

    Metals putting on a show for us.

    entertained.png
     
    Jim4silver likes this.
  10. Court Jester

    Court Jester Well-Known Member Silver Stacker

    Joined:
    Jul 30, 2012
    Messages:
    3,213
    Likes Received:
    110
    Trophy Points:
    63
    Location:
    Gold Coast QLD
    YAWN\


    <sideways>
     
  11. openeyes

    openeyes Well-Known Member Silver Stacker

    Joined:
    Aug 26, 2014
    Messages:
    686
    Likes Received:
    349
    Trophy Points:
    63
    Location:
    Canberra
    Yes I think we will need to see a much more substantial move to be entertained considering recent (recent months) moves.
     
  12. SilverSale

    SilverSale Well-Known Member Silver Stacker

    Joined:
    Sep 25, 2009
    Messages:
    2,198
    Likes Received:
    105
    Trophy Points:
    63
    Location:
    Australia
    Silver in a beautiful pennant formation. Expect higher prices.
     
    Jim4silver likes this.
  13. SilverSale

    SilverSale Well-Known Member Silver Stacker

    Joined:
    Sep 25, 2009
    Messages:
    2,198
    Likes Received:
    105
    Trophy Points:
    63
    Location:
    Australia
    Didn't take long.... silver US$18+ already.

    Inverted H&S break on gold chart should continue to propel prices higher :D

    PS - I dropped into a bullion shop again today... as per usual, I was the only person there..
    The public is clueless.
     
    Last edited: Oct 25, 2019
    66rounds likes this.
  14. 66rounds

    66rounds Well-Known Member Silver Stacker

    Joined:
    Jun 22, 2019
    Messages:
    652
    Likes Received:
    496
    Trophy Points:
    63
    Location:
    Melbourne
    So that was it for the correction in Gold? or is this a dead cat bounce to trap some silly gold bulls.
     
  15. openeyes

    openeyes Well-Known Member Silver Stacker

    Joined:
    Aug 26, 2014
    Messages:
    686
    Likes Received:
    349
    Trophy Points:
    63
    Location:
    Canberra
    We haven’t passed down trends yet. > $1520 would feel bullish to me. Even then there are many possible downsides. >$1600 would be the start of a serious upswing imho.
     
    66rounds likes this.
  16. SilverSale

    SilverSale Well-Known Member Silver Stacker

    Joined:
    Sep 25, 2009
    Messages:
    2,198
    Likes Received:
    105
    Trophy Points:
    63
    Location:
    Australia
    Silver has already put in a higher high on the daily (provided it holds). Gold yet to do so, but I suspect probably will in next 24hrs.

    I believe metals will continue to climb a 'wall of worry'.
     
    66rounds likes this.
  17. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

    Joined:
    Jul 1, 2009
    Messages:
    6,193
    Likes Received:
    1,506
    Trophy Points:
    113
    Location:
    Sydney
    I have been a silly gold bull for much longer than I have been a member of this forum and I have never felt trapped when buying gold!
    We are in a gold / silver bull market and people are still nickel and diming their purchases.
    It's unbelievable when a seller here offers gold bars @ 3% below spot and hours later, it's still available for sale!
     
  18. openeyes

    openeyes Well-Known Member Silver Stacker

    Joined:
    Aug 26, 2014
    Messages:
    686
    Likes Received:
    349
    Trophy Points:
    63
    Location:
    Canberra
    Sometimes silver can do that. I would like you to be right. Let’s see.
     
  19. 66rounds

    66rounds Well-Known Member Silver Stacker

    Joined:
    Jun 22, 2019
    Messages:
    652
    Likes Received:
    496
    Trophy Points:
    63
    Location:
    Melbourne
    I dont think thats a case of nickel and diming, its a case of the evaporation of funds. An ounce a year ago was below 2k, not too hard to come up with once or twice a month. At this price you will see ounces sit for a week without a bite regardless of discount. Where as 1/4 ounce and smaller dont even last five minutes.
     
    SilverSale and Aurora et luna like this.
  20. SilverSale

    SilverSale Well-Known Member Silver Stacker

    Joined:
    Sep 25, 2009
    Messages:
    2,198
    Likes Received:
    105
    Trophy Points:
    63
    Location:
    Australia
    Interesting you say that 66rounds.
    Had a bullion dealer try tell me today that the 1oz gold coin was the only way to go because 'that is what everyone wants'.
    I disagree - in my opinion, 1/2oz gold & smaller is much more attractive going forward, mostly for ease of sale.
     
    66rounds likes this.

Share This Page