I got me a whole heap of cash waiting @ the $30 line, Just in case that fails I got a heap more @ the $25 line too
Interesting times What percentage of your stack did you offload in anticipation (if it's not too personal 'a question)? Gonna buy the same amount back in dollar terms or ounce terms when it drops?
Not being a speculator, I don't know exactly what they'll do, but a drop to mid twenties is apt to bring in more short term speculators IMO
It doesn't matter how low the manipulated price goes..... Supply and demand will soon overwhelm the paper price... and the reality will be that few of the physical holders will sell/buy at the current corrupt 'price charts'. Perhaps a new way to measure silver price movements needs to be adopted for a truer measure of supply and demand forces. One day the sham will be up. There is less and less SILVER left and more and more paper. Todays Ag prices is only an illusion of never ending supply of paper shiny. Soon the game will be up. A new system of measurement will take it's place. So, take advantage of the charade as the paper price of silver plummets....just don't expect when it's bottomed to get your hands on the physical! The shelves will be long empty.
Well I just bought a kilo koala (I think) and I reckon it's worth a spin at the USD silver 200 dma. Will buy on the way down if not.
aaaaahhhh ... NOW i see why!! thanks for that mate! it's amazing what a difference a PICTURE can make!! :lol: :lol: :lol:
lol - that's pretty much the same question i posed in my latest thread. needless to say - there have been no takers so far. SO LITTLE CONVICTION CHAPS... really disappointing :lol:
^^^^^^^^^^^^^^^^^^^^ EXACTLY!! all the bravado-bears know this too, which explains why they refuse to put their money where their mouths are... :lol:
I don't know what everyone is getting excited about! I can't see the price falling much below $36US, I think there is real resistence at that level, I dont see a buying opportunity yet! (note that last word! :| )
You know, with most dealers buying at high levels from the source to onsell to customers and the length of time it takes for turn around, I really do wonder how much physical you'll be able to buy out there in the event of a sharp drop. Say for example as a dealer you've bought 1000 ounces from the perth mint @ $40 Aud per oz when spot is around $43 If the market tanks in the meantime to $35, can you afford to even stay in business or offer up your wares to match spot? I know that a number of my local dealers here in Sydney set prices at what they buy and don't follow spot too aggressively as you cannot stay in business if you buy high and sell low over the long term. I definitely would imagine (especially smaller operators) 'shutting up shop' if they're holding a lot of stock at $40+ spot and silver crashes to $30 and below. They might have items in stock, but you can understand why they wouldn't want to sell it!
It will be very difficult to get in at the bottom. Dealers are gonna close up shop for "maintenance" again haha, and i doubt any of us on this forum are stupid enough to sell at the bottom so the sale threads will be likely bare. Might be able to pick some up at a discount with added premiums but don't expect to pick up silver for $20 a piece even if the charts say that's what they're worth. However, if anyone is happy to prove me wrong, ill go right ahead and get my ATM card ready and would would be happy to buy your silver for the coming cheap prices
It was possible to buy after the last dip in April/may. You just had to be willing to wait a few weeks for delivery.
should I buy 6 oz right now at 36.3/oz and then when it hits lower buy a roll of maples? im a teenager so my PMs porfolio isnt big.
