$20 silver
- Thread starter DanielM
- Start date
Buy now
Cry later
Cry later
There's no rush, it is a long term accumulation so just stop buying when the prices rise, they will drop again soon enough.
If you have been buying under $25 now might be a good time to take a few profits. I sold off 1/4 of my stack at $40, took a bit of profit, paid down a bit of debt. You might as well make your silver work for you if you can.
Good luck!
If you have been buying under $25 now might be a good time to take a few profits. I sold off 1/4 of my stack at $40, took a bit of profit, paid down a bit of debt. You might as well make your silver work for you if you can.
Good luck!
$20 silver?! When pigs fly....
Would you eat your hat if you see $20 silver at some point during the next year?
SLV shares for $20 maybe haha.
Physical wont ever come down that low again now.
Physical wont ever come down that low again now.
Next year is 365 days range... Why not just say after 2020... if you'd do the same, if SLV never hits $20, then you're on!
And we're talking in AUD, right?
remember the $13 silver
it was supposed to be $14 silver to accumulate (your odd are best)
had you followed the $13, there was never a real chance to pick up, there were premium adjustments even before it reach there
it was a mere luck to have picked up some when spot at 21.70, but had I insisted on getting at 21.00, then its just too bad, NIL result
looking back to June 2016 price of $21.12 about
better price about 23.00
for SLV, just need to look at SLV chart, not spot silver price
it was supposed to be $14 silver to accumulate (your odd are best)
had you followed the $13, there was never a real chance to pick up, there were premium adjustments even before it reach there
it was a mere luck to have picked up some when spot at 21.70, but had I insisted on getting at 21.00, then its just too bad, NIL result
looking back to June 2016 price of $21.12 about
better price about 23.00
for SLV, just need to look at SLV chart, not spot silver price
Same as me, I got tired for waiting, so bought 2 kilos for fun. If it drops to $19, I'll buy another 2 kilos, just DCA. I think the present price is quite good, if you look at the price of silver in AUD or SGD for me. I don't bother with the USD price.
It'll get to $20 level when putin and Xi flood the market
I’m a gambling man. I’d eat my hat if silver doesn’t hit $20 at any point next yeah as long as I can down it with a little BBQ sauce.
Watch the solar stocks. They have been parabolic since March, prices went up even more than silver miners. This didn't happen in 2016 so something has changed.
Any tobasco?!
Be careful what you wished for...
It might take an evaporation of confidence in fiat (paradoxically). The most logical format for a major pullback would be destruction of residential RE loans by mass default. For some time 50% of the ASX200 is the top four banks and the great majority of their loan structure looks dependent on that one egg in the basket, at least on the surface
As we see, Victoria is at a crossroads and decline is likely, with many vultures chattering about their feastings in the next year or two on the Victorian RE carcass.
Victoria being 25% of the Australian economy is a significant matter
For silver, there is no rush. It had a recent mini-euphoria, but also a dizzying bungy down and few here jumped on it when it jumped down. That is as it always has been and that is why the down is big and why buying there is good pickings.
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Another matter is the loss of international student kidney harvesting...oops, I mean education in exchange for residency
With the loss of that, a spat with China over our main commodity exports (iron and coal), attacking our coal and uranium as energy exports, and cutting the legs out from under the table of the “hot property” debt ponzi, it isn’t hard to see problems are coming
With the loss of that, a spat with China over our main commodity exports (iron and coal), attacking our coal and uranium as energy exports, and cutting the legs out from under the table of the “hot property” debt ponzi, it isn’t hard to see problems are coming
Silver at 20 is easy to see coming because the price is so volatile. It probably won’t last long due to the obvious issue with delays in physical acquisition now. If you want to trade paper silver, fine. I don’t see a problem with that for anyone either. It is very convenient now and after the inventory depletion in March, a more realistic idea in the event of a big plunge ala then.
[QUOTE="Mill3d, post: 1176649, member: 39312"
As we see, Victoria is at a crossroads and decline is likely, with many vultures chattering about their feastings in the next year or two on the Victorian RE carcass.
[/QUOTE]
MELBOURNE......the Detroit of Australia.
As we see, Victoria is at a crossroads and decline is likely, with many vultures chattering about their feastings in the next year or two on the Victorian RE carcass.
[/QUOTE]
MELBOURNE......the Detroit of Australia.