Silver Spike...

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

  1. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    Finally we see the silver catching up with gold. Plenty of gas still to narrow that gsr
     
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  2. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Precious metals market is extremely hot. Haven't seen this many bulls for quite some time.

    I'm largely on the sideline waiting for the market to choose its next move. Wouldn't be surprised to see a decent drop here. Might happen, might not.
     
  3. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

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    Long term chart has formed 3 white soldiers, look for the swing, and then the pump and dump.
     
  4. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    Kitco tech talk with "Bubba" and a bloke from the CME. Some interesting points noted.

     
  5. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

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    I have been stacking silver since 1983 and it can do whatever it wants, as long it's price stays above $5 AUD an ounce.
     
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  6. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    With silver prices going up $1 every 2-3 weeks it’s no longer about how much you paid for the silver but how many ounces you got. That’s the only thing that matters now. :)
     
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  7. Jim4silver

    Jim4silver Well-Known Member

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    I think the silver market is going higher. One very positive sign is that in general, the usual silver stacker types, don't seem too excited right now, or at least as much as they should be considering the recent moves in gold and silver (gold reaching new 6+ year highs).

    I went to a local store yesterday and it was like a ghost town. I imagined there would be some buyers like in the old days when we had a run like this. But nothing really like those days yet.

    Even if silver drops for a bit that would not be bad and is natural. No market goes straight up for long. If it does, run because it will be like bitcoin at $19K or whatever it was before it crashed. Or silver at $50 in 2011, another straight up ending move.
     
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  8. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Nice little drop overnight... time to continue that trend :) ..hopefully into October :D
     
    66rounds likes this.
  9. mongrelmaple

    mongrelmaple Well-Known Member Silver Stacker

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    Another big jump during current overnight trade, and quite importantly its continuing to outpace gold :D

    79041AEE-0DC4-47B2-B064-E31B98DC877C.png
     
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  10. JOHNLGALT

    JOHNLGALT Well-Known Member

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    If this is the thread you are at, I'll put this here @ 3.10 a.m. Melbourne time.
    Watch on Youtube & read the comments (if you want too).


     
  11. openeyes

    openeyes Well-Known Member Silver Stacker

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    I would call that another happy birthday candle
     
  12. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Stunning move.
    Well done silver.
     
  13. bretto

    bretto Active Member

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    Strong hands rewarded, as they should be!
     
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  14. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    ...it's still going up lol
     
  15. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    80:1 usd and dropping.
     
  16. 1for1

    1for1 Well-Known Member

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    Up 1.20 in 24hr.. such strength.. might flush out some sellers but predict ample demand will lap it up.

    Once we breach $30, $50 is just a matter of time.

    Next we will see physical shortages as even old timers like myself look to increase positions and the strong prices act as an ultimate recruitment tool to the investment class.
     
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  17. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Yep - it is sad that people only buy after the price has increased.
     
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  18. Bullion Baron

    Bullion Baron Well-Known Member Silver Stacker

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  19. SilverDJ

    SilverDJ Well-Known Member

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    Recent rises aren't unusual, in fact it's rather tame

    upload_2019-9-4_9-13-1.png
     
  20. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    The market chose its direction bahahaha
     

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