20c up or down seems more like price jitter rather than anything meaningful at the volume levels most of us would purchase at. It is more psychological than anything else.
Except when that 20c trends higher or lower over an extended period of time. Over January, it trended higher, over February it has trended lower. Will it march through March?
True but 50 cent fluctuations during 24 hours of trade either way are no reason to get excited......I click refresh on an excel spread sheet and I'm xxxxx euros richer and I click it again ten minutes later and I'm not. Just noise and dealers know this too. Only HFT care. No physical holder would care about these fluctuations in a days trade this is what margin variations and futures are for. Silver is volatile - that is why it can be fun. fluctuation /flkte()n,-tj-/ noun plural noun: fluctuations an irregular rising and falling in number or amount; a variation. "fluctuations in the yearly values could be caused by a variety of factors" synonyms: variation, shift, change, alteration, swing, movement, oscillation, undulation, alternation, rise and fall, rising and falling, see-sawing, yo-yoing, instability, unsteadiness "a natural fluctuation in the earth's temperature" antonyms: stability
yeah well said, and the fun revolves around dollar cost averages, which lead to more or less fun. Personally, not caring which way the price goes. Obviously I am still in the accumulation phase, which is the fun part too I guess !
If say purchasing a monster box (500oz) the 20cent price fluctuation turns into $100.00 price fluctuation.
$100 = a fancy lunch and a few beers. easily traded for a few ounces, in my view. what affects me, is when my choices are stolen in the form of say, electricity !
If I was regularly purchasing monster boxes then maybe, but as I said, at the volume levels most of us would purchase at, 20c should matter here or there.
Yeah... I guess 30 cents is a different story! :lol: http://forums.silverstackers.com/message-776950.html#p776950
Damn right brother! Now get down with some Blues that I guarantee will have smashing out some air guitar riffs before you even realise it: [youtube]http://www.youtube.com/watch?v=EFsW9QDHa1c[/youtube]
At the moment $0.20 usd means one ro ounce out of every 86. If you stack for a while, always buying dips of that size within broader price trends that could easily add up to an extra 25-50oz you wouldn't have otherwise had. If silver ever goes back to 2011 prices that's real money. If silver ever does go to the moon then 30oz will be a very very nice present to yourself for buying the little dips. Of course if your buying lunar tigers and oxen it probably doesn't matter so much but if your stacking raw silver weight then every percentage point extra adds up and does matter.
Will most dealers drop their premium down to match that 20c drop in spot? I'm sure different dealers handle their prices differently but I can't see most dropping their price every time the spot price dips down a few cents, unless it stays there for a while.
