$28.00 Silver.

[STKR]

Yes, got me some AUD680 1kg silver at that time.

Pretty well performing asset since then. Considering you get retail therapy AND it also happens to be one of the easiest "investments" you can make.
I wish our banks sold gold and silver. I would certainly respect them more if they did.

 

[Oddjob]

Silver off to the races just now too.

 

[adze67]

View media item 5733

 

[SilverDJ]

Just jumped more than a dollar! Peaked at AUD$34

 

[STKR]

I'm anticipating a pullback from here. I actually sold a bit more of my allocated storage when it hit $34.

If we break through the $24.36 USD range, I expect we might be testing $26 in no time.

 

[heartastack]

Why would we pull back? US approved stimulus bill tomorrow. Might be a pull back after some initial buying on news and sellers dumping on volume

 

[STKR]

Why would we pull back? US approved stimulus bill tomorrow. Might be a pull back after some initial buying on news and sellers dumping on volume

We might not pullback now, I'm just reading the tea leaves at this stage and that's just what I believe will happen. I was expecting $24.36 to put up some major resistance, but this was just a key level I was keeping an eye on.

 

[heartastack]

Hardly have I seen a good prediction in silver. When it’s like this you just kinda hold and watch it rise. Down days come out of nowhere. Technicals mostly useless.

 

[mongrelmaple]

Remember folks, nothing ever goes up in a straight line. A pullback will not only happen, but is healthy to have before the next leg up. Cools heads should prevail here.

 

[Shaddam IV]

Remember folks, nothing ever goes up in a straight line. A pullback will not only happen, but is healthy to have before the next leg up. Cools heads should prevail here.

Agreed. I would be very happy to see the prices stop rising for a while and just consolidate at these new levels.

 

[radiobirdman]

I'd be happy to see $ 300 an oz ?

 

[sgbuyer]

Remember folks, nothing ever goes up in a straight line. A pullback will not only happen, but is healthy to have before the next leg up. Cools heads should prevail here.

I’ve not forgotten the “pullback” from $19 to $11.

 

[STKR]

Either way, it's an exciting time to have a Stack!

 

[Jason1]

Only needs to touch $36 for a second to blow another of court Jesters calls out of the water. lol

 

[STKR]

Silver deserves a massive boost. I feel like now that gold has made all time highs there's going to be a big push into silver.

 

[Silverman99]

Looking good in NZD$

 

[adze67]

Looking good in NZD$

View attachment 41529

Looks even better in Afghan Afghani
View media item 5755PS. Look at Gold go

 

[STKR]

We briefly dropped below 80:1 to 79.82:

 

[sgbuyer]

Anyone finds is amusing that when silver was between $12 and $17, there's no low premium silver for sale and even if there are, stocks are low, and now when prices are above $20, suddenly, every dealer has lots of inventory to sell?

 

[worldbubble]

Anyone finds is amusing that when silver was between $12 and $17, there's no low premium silver for sale and even if there are, stocks are low, and now when prices are above $20, suddenly, every dealer has lots of inventory to sell?

look at old threads.
People were looking for buyers, being confused how come no one wanted the metal. On auctions I was purchasing bullion below spot numerous times. Flipping it at spot was not easy just a year ago.
So, be aware and not become victim of cheering the prices - within 4 years we might revisit $17 again.

P.S. The best strategy is to constantly keep accumulating pre set weight of metal (that's what I have been doing since 2012). Silver is perfect for bump and dump