Perhaps the US government shutdown is lifting metals? In any case it's a new record!
$73.00 AUD silver.
- Thread starter Shaddam IV
- Start date
Both metals have been having great closing prices for some time now which is very promising, it's a change in the previous pattern of Friday price drops so something in the market is shifting.
mybullion.com.au
Well-Known Member
Watch out below though.... when this corrects (you know it will) its gonna be fast and furious. Having said that, who knows how much upside silver has.
Yeah the big Covid dip was sweet.
I got a $100 bag of Walking Libertys and Ben Franks for $1370.
Pre$20 and I was still trying to buy the dips.
Thats a good memory.
I got a $100 bag of Walking Libertys and Ben Franks for $1370.
Pre$20 and I was still trying to buy the dips.
Thats a good memory.
still would have been better buying bitcoin just saying ( or almost any share)
Yes, we know, you have been saying the same thing for years now. Welcome back, look forward to hearing it many times more.
I have never left( I even created new threads here in Feb this year) itsjust sammy was constantly wrong and silver did nothing while everything else went to the moon so nothing really to post about until recently
Im more concerned with positioning myself in real assets but my Btc has done really well.
I wouldnt deny that.
Anyone can look back and see what's done better. Takes some real trading skills to do that.
I wouldnt deny that.
Anyone can look back and see what's done better. Takes some real trading skills to do that.
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that is the thing I was not looking back I have been saying for years silver is going sideways silver is rubbish buy shares and ETF's the looking back is just confirming I have made the CORRECT decision.
I wouldnt say a cup and handle is sideways but I haven't seen that at all.
It's been going pretty much straight up.
One of my miners has surpassed and the others are close behind now!
It's been going pretty much straight up.
One of my miners has surpassed and the others are close behind now!
only if you cherry pick data where as over the long term the return is pitiful only just above inflation
I dont see any sideways that your talking about.
Its mostly straight up this year, exactly what stackers have been preparing for. Gold has been going up for years now.
Man you should have spent more energy positioning instead of looking back at your regrets haha. You wouldnt be so sour about getting in at a bottom.
Its mostly straight up this year, exactly what stackers have been preparing for. Gold has been going up for years now.
Man you should have spent more energy positioning instead of looking back at your regrets haha. You wouldnt be so sour about getting in at a bottom.
Silver I am talking about have never really commented on gold and silver its just playing catch up to everything else and not as good either I might say it is still not a good investment mid to long term
the peak currently wil be short term once it peaks it will crash back down to 20-30 ish an oz for another 20 + years
and if you could time those peaks perfectly you could make money -- but if you could do that you would STILL be buying other things not silver.
Well with everyone at different ages, different risk tolerances, time frames and goals with their incomes, id expect to see tons of different strategies in play.
The etfs and cryptos are where you want to focus on making $$.
Metals are just an insurance and a bonus and a small part of the picture.
And yep silver playing catch up now whoohoo!
The etfs and cryptos are where you want to focus on making $$.
Metals are just an insurance and a bonus and a small part of the picture.
And yep silver playing catch up now whoohoo!
Most etfs dont even keep up with real inflation and will probably do worse in this next 40 year cycle.
Really assets are the place to be now.
Really assets are the place to be now.