This is just a general question here but based on what I'm viewing on SS threads and other similar forums I suppose it's a gut feeling but are you guys buying like crazy thinking that the low $30's is the bottom and a great time to load up? or are you just holding off waiting for a moderate dip or major dip? like me It's followed by an asumption that it's the latter and therefore if the general buying silver stackers are not buying as much as they did in times gone by well then surely we shouldn't have a problem buying the physical from the local bullion dealers simply because they must be stock piling the stuff now? I understand they can stock pile and BS us later when it rises saying it's hard to get, our vaults are nearly empty you must buy now, 9 weeks to get it in, etc etc so we won't go down that path with comments but I would like to know if others on SS have this same thought. I'm basing this asumption that there doesn't seem to be many new threads about " I'm buying this, I've just bought that, have a look at this silverporn, did anyone have problems getting delivery?" basically it seems to have gone quiet on the forums. your thoughts :/
I'm happy buying at low low 30s. Seems to be a lot of resistance here. The temporary slip below the $30 mark was due to the low volumes over the holiday period IMO
I bought 100ozs in this period just to add to the stack but am now waiting to see a few more clues as to what the next move will be.
buying a kilo or two here and there, no rush, still a great level to be adding to the stack. keeping in mind seasonal charts, and keeping some "powder dry" for a big dip if/when it happens. Source:
Was holding off for quite a while (my rule was only buy at under $30 AUD) but have recently bought a bit (since it's within 50 cents of that mark but seems to be resisting falling much further). Sideways prices for quite a long time now made me a little more confident. There'll be a big movement sooner or later and it could be down, or up. But the longer it goes sideways I feel the more likely the next big shift will be up rather than down. I think there's more to gain than to lose at this level (honestly can't see silver going back to early 2000s levels, or even back below $20 for that matter). Edit: should qualify that it's silver I'm buying. I reckon gold still has potential to fall a bit more, maybe down into the 1400s AUD. So holding some powder in reserve for a gold buy...
I think gold will fall initially in the coming crash. Good to have cash to buy in when it does. Silvers too volatile.Think of the money lost by those who bought at $48.
"silver too volatile?" not over the past few months though. I didn't buy right at the top but the highest I bought at was $36.00 I'm in it longterm. Even though I'm in it for the long run I still want it to drop back to high 20's again to buy more. I know everyone will say " if your in it for the long term why not buy now" and I say "talk to the hand because the gut is not listening" We're all human and I feel it has a few more bumps along the road before it gos to da mmooonnnn
Don't you think though,that if there is a crash,it is better to be in gold than silver. and that it would be better to buy silver after the crash if going for long long term. I'd agree that ,if things turn up,silver would be better.
Maybe this will help some to make a decision and maybe not..... The Physical Precious Metals Crises Table
After watching this shite for the past few years - it's anyones guess ?? even the so called experts are getting it wrong and if you notice they are now projecting much longer time frames in what they believe is going to be the almighty crash. I'm swaying towards gold myself in the short term if it drops further. I last bought when it was at $1240 so, I'm pleasently please
