Silver Spike...

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

  1. Silver_Dealar

    Silver_Dealar Member

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    Of course I sell 3/4 of the stack right 2 weeks before the massive rise smh
     
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  2. JOHNLGALT

    JOHNLGALT Well-Known Member

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    Hope you had a good reason to get out of REAL MONEY into currency, otherwise I have no sympathy for you.
    People who swap their wealth for paper or digital illusions of wealth are the cause of the problem.
     
  3. AshestoAshes

    AshestoAshes New Member

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    Waiting for money to transfer over I literally lost 5% in gains this is mad annoying dumb banking system, on top of taking so long to see my account verify legitimately makes me mad, anyways the market beat the 18.60USD barrier it will be a literal freight train from now on.
     
  4. AshestoAshes

    AshestoAshes New Member

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    Anyways i'll I might have to cut a small loss at the moment
     
  5. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    SVL - Silver Mines, in Trading Halt.

    Could they have gained mine approval? This should be announced before the end of the year from what I understand.
     
    Last edited: Sep 5, 2019
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  6. Bullion Baron

    Bullion Baron Well-Known Member Silver Stacker

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    Yeah, nah.
     
  7. Jason1

    Jason1 Well-Known Member

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    id be very cautious long term on this,Im nearing my cuttoff on buying, the rapid rise is looking very 2011 to me, which was very shortlived high. still it was good because majority of my stack was bought at a premium of $8-$9 an ounce before that 2011 jump, and sold a good chunk at $38.
    If paper silver and wallstreet is the reason for this spike then that is a concern long term price holding high., but if its a legit Supply vs demand situation of real silver then well thats a good sign, its hard to tell right now, always need tobe conscious that wallstreet are good at pump and dumps
     
  8. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    It's just a natural price action.
     
  9. AshestoAshes

    AshestoAshes New Member

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    Actually output for silver has been on the decline for a couple of years, but 100% the institutions would have been playing the market with their huge reserves.
     
  10. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    I'm waiting for one of these to be valued at ~ $150 AUD ;) (only 300x release price)

    roundfifty.jpg
     
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  11. Davros10

    Davros10 Well-Known Member Silver Stacker

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    That was the Final FOMO spike. Now waiting for the next buying opportunity at around $7
     
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  12. JOHNLGALT

    JOHNLGALT Well-Known Member

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    Purchased plenty of these little darlings from G.Stackers when Joe was working there.
    Would love to get a lot more for when TSHTF for small transactions.
    1.Tenth oz Silver.JPG
     
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  13. JOHNLGALT

    JOHNLGALT Well-Known Member

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    Try using this to clean them. It does wonders in a few minutes in the dip/warm water rinse/drying properly.
    They really gleam.

    Connoisseurs.JPG
     
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  14. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Would love to get my hands on some of these!!
     
  15. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    Damn expensive buggers now.
     
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  16. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    This works just as good and is 10% of the price of your expensive stuff... give it a go :D

    cloudy.png
     
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  17. Alfie

    Alfie Active Member

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    approaching 20x and counting
     
  18. Davros10

    Davros10 Well-Known Member Silver Stacker

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    ....and the AUS dollar at 1.20 to the US
     
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  19. openeyes

    openeyes Well-Known Member Silver Stacker

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    If that happens I will sell my house to buy silver
     
  20. Davros10

    Davros10 Well-Known Member Silver Stacker

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    You'll probably be the only one. At that time silver will be so unloved that people will be clamouring to take your money, just so they can get this useless metal off their hands. Just as so many people at the moment are holding on with 100% commitment for the inevitable rise, despite silver having peaked.
     
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