Discussion in 'YouTube Digest' started by ozcopper, Sep 8, 2019.
So in summary: Get ready to buy on the coming dip, because we are going to the moon.
I honestly didnt expect a dip, but I welcome it with open arms!
Anyone buying SSL based on his suggestion?
The dip was overdue.
I thought we might close 2350 first, my last major buy was around 2200 with a couple grams at 2300. Will wait for 2100 and pick up another ounce or two.
I have learnt not to wait for big "round" numbers in the precious metals, that way you will avoid a lot of pain. Be careful waiting for $2100, we may get there but we may not.
You are absolutely right, should stagger buys weekly. Im mostly waiting because funds are lacking. Hope to have more spare cash by time we bottom out.
Great video. Learned something new, falling copper price is a leading indicator of rising silver price.
Am I reading it correctly? $2100 is usd1440?
Yes, could potentially fall to USD 1450, some say as low as 1375 but I think 1475 is a more sensible expectation of the bottom.
Wow, $1475 is only $40 from present price or 2.6% lower.
After watching the video, I feel that the buy at $14-$15 was basically a no brainer, especially with falling copper prices. The combination of falling supply (due to falling base metals) and rising demand makes those talk about $5-$7 per oz pretty impossible scenarios.
I will be very happy to be wrong about that bottom of 1475.
After the pullback we are getting, look for the swing trade on silver ... It will fly... flies, & mesmerize, you.
>73 currencies gold hit new high
good luck with the wait for any pull back to buy with available gold to collect
Russia continue with buying gold with their borrowed USD against their US treasuries
when there are plenty of unwanted gold got melted...there would be out of stock sign .. wait till the new form of gold come back to the market with higher prices
User can have 5000 favorites, many subscribed channel got removed too
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