Expecting silver to drop to at least $22 AUD

check their QB silver prices

The prices has always been exorbitant for QB. I buy from LPM instead.

EDIT: ok I noticed, there’s an error on their silver prices.
 
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Putting all this together makes me think we will see a price drop for silver down to at least $22 AUD and perhaps heading to $15. I don't think this will last for long (again referring to 2008/2009). This could all happen between now and say June/July?

Interested in others thoughts.

Probably one of the best calls I've seen yet, almost there. Silver down 7% overnight and is now sitting at $23.68 AUD. Well done on your analysis!
 
This is so so sick.
I have been waiting for sub $13 SILVER to get back in and it looks like i may get my wish.
The problem is now with the way my life is going i will get a load of sub $13 then get covid19 and die.
I just thought id put it here for posterity ,not that ill be able to look back if i am right
 
I've noticed that recently ABC Bullion has Eagles, Kangaroos and Krugerrands all on pre-order.
 
So do we load up now or wait?

I'm more for gold than silver currently, but since I've bought enough gold, I ordered some token silver just to avoid FOMO if it does spike.

Personally, I think the economy is going to get very bad over the next 3 months because of the quarantines. So, some amount of cash is required for emergencies - be it for ownself or extended family. But if you are exchanging gold for silver, this won't matter that much.
 
I'm more for gold than silver currently, but since I've bought enough gold, I ordered some token silver just to avoid FOMO if it does spike.

Personally, I think the economy is going to get very bad over the next 3 months because of the quarantines. So, some amount of cash is required for emergencies - be it for ownself or extended family. But if you are exchanging gold for silver, this won't matter that much.
I like your new signature haha. At this GSR and price i think its hard not to skip over silver. I will hold unallocated though to make it easier to switch back.
 
I'm more for gold than silver currently, but since I've bought enough gold, I ordered some token silver just to avoid FOMO if it does spike.

Personally, I think the economy is going to get very bad over the next 3 months because of the quarantines. So, some amount of cash is required for emergencies - be it for ownself or extended family. But if you are exchanging gold for silver, this won't matter that much.

Yup. The quarantine is the main prevention and treatment at the moment.

Expect to see some crazy euphoric rallies with effective treatments, should they come. Possibly vaccines too, but mutation or “antigenic drift” may mean the hope is short lived.
 
So do we load up now or wait?

well if they let you have the current prices, not the markup weekend one
got my QB just this morning online

waiting may be some more months ahead

last night was a spike down, the window of price falls could have just ended
 
Silver at 15 AUD again implies a strong AUD - I don’t see it....unless we are saying there will be extreme liquidation from ASX equities and everyone with superannuation going “stopover” into cash only.
 
well if they let you have the current prices, not the markup weekend one
got my QB just this morning online

waiting may be some more months ahead

last night was a spike down, the window of price falls could have just ended
Any options for spot unallocated in your region?
 
Yup. The quarantine is the main prevention and treatment at the moment.

Expect to see some crazy euphoric rallies with effective treatments, should they come. Possibly vaccines too, but mutation or “antigenic drift” may mean the hope is short lived.

The quarantine is more scary than the disease. Imagine if you have a kid, what happens if you're tested positive? And what happens to your colleagues? If you work in a restaurant, the authorities will probably have to shut it down.
 
well if they let you have the current prices, not the markup weekend one
got my QB just this morning online

Do you mean you paid $66 for the 2 oz horse? Not getting any kilobars? They are selling out really quick. :D
 
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Yup. The quarantine is the main prevention and treatment at the moment.

Expect to see some crazy euphoric rallies with effective treatments, should they come. Possibly vaccines too, but mutation or “antigenic drift” may mean the hope is short lived.
I don't think there is /or will be-contrary to the claims/ any vaccines against this kind of virus...
 
I don't think there is /or will be-contrary to the claims/ any vaccines against this kind of virus...
Every disease has a prevention/cure. Depends how long we take to find it. If we don't lock down like China, we might not find it until too late.
 
The quarantine is more scary than the disease. Imagine if you have a kid, what happens if you're tested positive? And what happens to your colleagues? If you work in a restaurant, the authorities will probably have to shut it down.
 
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