Could Silver reach $30 Aus by November?

Be aware though, that the highdays of Negativity typically turn out to have been bottom prices with a thousand fat fingers hanging above a BUY button, and vice versa, beware when positivity rules the days, that a thousand fat fingers are hanging above a SELL button.
 
REALLY hope so, as when I was a young stacker who didnt really know much better the bulk of things I was buying was @~$24/toz.

would like to at least recoup and hopefully profit a little
 
Bullion_ron said:
REALLY hope so, as when I was a young stacker who didnt really know much better the bulk of things I was buying was @~$24/toz.

would like to at least recoup and hopefully profit a little
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I hope I didn't know better when I was young when I bought gold at US$400+. It didn't go anywhere after 2 years so I dumped it at roughly the same price. 4 years later, GLD was available so I bought it again at US$800. It went up slightly and down again, when it went down, I panicked and dumped it for roughly the same price again.

If you didn't dump what you've bought, you've done much better than me.
 
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sgbuyer said:
I hope I didn't know better when I was young when I bought gold at US$400+. It didn't go anywhere after 2 years so I dumped it at roughly the same price. 4 years later, GLD was available so I bought it again at US$800. It went up slightly and down again, when it went down, I panicked and dumped it for roughly the same price again.

If you didn't dump what you've bought, you've done much better than me.
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I figure untill i sell i technically havent 'lost' money
 
Bullion_ron said:
I figure untill i sell i technically havent 'lost' money
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To some extent, silver is money. Exchanging silver to dollars is something like exchanging dollars for yen, except with a higher exchange cost, but which could vary depending on location. Like in Singapore, I can never buy silver for spot for kilos and below. The cheapest I got for is 4% above spot. Dealers charge even more.
 
I have a feeling we're going to see $17 - 18 USD silver by year's end. If the Aussie dollar gets a bit of a whack, we might be able to reach the $30 AU mark.

I could be wrong, though.
 
The pm price will be reported as low as possible regardless of the fundamentals so people will stay with fiat ....
 
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