The Silver Story So Far and The Ugliest Chart Ever Made!

Discussion in 'Silver' started by Ernster, Nov 21, 2014.

  1. Ernster

    Ernster New Member

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    [​IMG]


    IMO $21-22AUD (and lower obviously) is perfect and is where you want to purchase the bulk of your silver is the safest point where you wont lose your shirt and you wont need to rely on a bubble to make a profit.. and no more than $30AUD

    But I could be completely wrong of course:)
     
    Ernster, Nov 21, 2014
    #1
  2. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    I'm not an idiot! hooray!
     
    phrenzy, Nov 21, 2014
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  3. finicky

    finicky Well-Known Member Silver Stacker

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    Waiting for the black line below all others - "you must be brain dead not to buy silver you cretin". Need good margin of safety
     
    finicky, Nov 21, 2014
    #3
  4. Ernster

    Ernster New Member

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    ...........
     
    Ernster, Nov 21, 2014
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  5. MrLeprechaun

    MrLeprechaun Member

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    :lol:

    Brilliant!

    Would be great if I could convince Kitco to include these inscriptions into my mobile alerts to add a bit of character - the message would cut through more than a vanilla percentage or dollar/cents change alert!

    Cheers,
    ML
     
    MrLeprechaun, Nov 21, 2014
    #5
  6. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    buying silver now is basically doing this:

    [​IMG]
     
    Court Jester, Nov 21, 2014
    #6
  7. MrLeprechaun

    MrLeprechaun Member

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    So where abouts is your "buy now you idiot" line out of interest Court Jester?
     
    MrLeprechaun, Nov 21, 2014
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  8. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    Your question is irrelevant, don't you know silver is going sideways forever? Like sisyphus, but on the flat.
     
    phrenzy, Nov 21, 2014
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  9. Ghost Story

    Ghost Story Active Member

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    [youtube]http://www.youtube.com/watch?v=kkHa1s1mjIA[/youtube]
     
    Ghost Story, Nov 21, 2014
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  10. Shippeevt

    Shippeevt Member

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    I'm done buying when it hits usd 17.60... That's when I started on the down trend in September and where I'm gonna stop on the way up...
     
    Shippeevt, Nov 21, 2014
    #10
  11. SweetBread

    SweetBread Member

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    You want to wipe before you flush it :)
     
    SweetBread, Nov 23, 2014
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  12. chowdersilver

    chowdersilver New Member

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    I plan to stop at $19 even though I started at $20 (spot price, not actual price). Because I don't plan to sell (just pass it down), I hope the price stays below this number for a long time as I have really enjoyed collecting coins from around the world.
     
    chowdersilver, Nov 23, 2014
    #12
  13. barsenault

    barsenault Well-Known Member

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    The question will be, if, I know a big if, if silver hits 30 again relatively quick, who is a buyer? For us who have been around awhile, I'll be a bit leery. Might have to play the traders game. :))) and probably lose my arse. LOL.
     
    barsenault, Nov 23, 2014
    #13
  14. The Crow

    The Crow Member Silver Stacker

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    And that is why there will be steps in the rise at which prices stabilize for longer (or shorter) periods as different buyers step out (get nervous or simply decide to take their profit) and others step in (speculators who see the price as going up). Looking at some of the charts that have been around, I would be thinking that ~AUD$27 would be a significant resistance point rather than $30.
     
    The Crow, Nov 24, 2014
    #14
  15. copperhead

    copperhead Active Member

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    Wile I do think buy now is a big YES . Here in America I see things this year different then most other years
    The dollar seems weaker . OIl is down . Food is up .
    If I purchased silver 1980 and ignored the up trends I'd be down as of today . Silver is a sneaky Snake
    I'd almost be quicker to say copper price is a good rep of true value to the dollar even with china inflating copper sales.
    Silver may go up but it may even go lower. Silver prices are redundant year to year .
     
    copperhead, Nov 24, 2014
    #15

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