Get Ready for the Silver Breakout.
- Thread starter sammysilver
- Start date
Well I have been buying so the price should have dropped today, something is seriously not right the price always drops after I spend a fair chunk of cash. I am confused as to what is going on........
The smackdown has smacked, and having smacked, smacks on.sammysilver said:
This weekend's Swiss vote will draw a line in the sand. A yes vote will slingshot the price, never to drop again, a no vote may keep us in the doldrums a bit longer but still won't stop the inevitable rise.
This vote is a time the momentum has been taken from the elite and put back in the hands of the people. I Will eat some Swiss chocolate this weekend to express my support. If it comes back a no vote later in the week, I'll eat Swiss cheese to commiserate that the movement has been shot full of holes.
It's at the stage that if that hadn't happenned we'd have been left scratching our heads! If you can't trust the crooks, who can you trust?
That's the smackdown I'm concerned about. The falling AUD does not lie. Politicians can cup our balls and tell us they have grand plans for the future of Australia's economy, but the reality is that things are going nowhere fast and the only way is down without a major change in focus. The resource boom has been like smack to Australia, fookin awesome for a time but now we're starting to realise that maybe we are totally f*cked.argento said:
There's still plenty of denial however, especially when politicians tell us who to blame, but when the reality hits home there's going to be allot of very angry, desperate people.
It's at the stage that if that hadn't happenned we'd have been left scratching our heads! If you can't trust the crooks, who can you trust?[/quote]
From an Australian perspective, the vote doesn't matter one way or the other. Longer-term, what matters is wealth destruction.
From an Australian perspective, the vote doesn't matter one way or the other. Longer-term, what matters is wealth destruction.
My gut is telling me that the Christmas weekend will be a scary time. A four day weekend across the West, ideal time for a bank holiday. Like Easter, I'll pull every spare penny out of the bank, make sure the car is full of petrol, fill the jerry can, stock up on perishables etc. If I'm wrong it won't matter, nothing wasted. We'll be meeting that Sunday so we can stock up on alcohol at the meet and discuss the maelstrom.
Pirocco
Well-Known Member
http://forums.silverstackers.com/uploads/7513_silverchart.png
We will be there if the same degree of scientific / technological advances since 1980 can be repeated.
If the labor pressure increased with the same magnitude.
If the size of State returns to that level.
Relative to present days situations.
My speculative thought is no, so I think I'll continue adding assets (especially ounces silver) instead of cheapskate-produced promises on assets.
At the moment though, I'm not willing to pay more than present days price for silver.
And I don't expect others to do so either.
We will likely see another $3 upswing, wherein again a bunch 'get out'.
Question again is, will they buy back in again after the upswing?
The past years answer was 'no'.
The answer won't last forever of course.
I think that we have some further years till a change / reversal.
I hope to have added enough kilo's silver till then, as to soften my $32 degree of error.
I also stack a variety of stuff (mostly secondhand) that I can buy now instead of later. That is no-perishable stuff ofc.
2014 was for me again a silver saving year.
I don't expect, nor want, Silver Breakouts.
I would be happy with a silver price trend that goes as fast as the one of prices of stuff I wanna buy later on.
But I don't count on it lol, I was way too late to start buying it. Yet, there is the chance to correct in a degree, and if I can, I'll do so.
I'm btw not alone in this. All those that stacked (or bought paper represented) 2010+, well, similar story. A generation that wasted a part of its savings, having been the very goal of the central planning parasites club. We'll able to speculate better. I'll try so. Others may leave disappointed. I say persistence is on the end a winner.
We will be there if the same degree of scientific / technological advances since 1980 can be repeated.
If the labor pressure increased with the same magnitude.
If the size of State returns to that level.
Relative to present days situations.
My speculative thought is no, so I think I'll continue adding assets (especially ounces silver) instead of cheapskate-produced promises on assets.
At the moment though, I'm not willing to pay more than present days price for silver.
And I don't expect others to do so either.
We will likely see another $3 upswing, wherein again a bunch 'get out'.
Question again is, will they buy back in again after the upswing?
The past years answer was 'no'.
The answer won't last forever of course.
I think that we have some further years till a change / reversal.
I hope to have added enough kilo's silver till then, as to soften my $32 degree of error.
I also stack a variety of stuff (mostly secondhand) that I can buy now instead of later. That is no-perishable stuff ofc.
2014 was for me again a silver saving year.
I don't expect, nor want, Silver Breakouts.
I would be happy with a silver price trend that goes as fast as the one of prices of stuff I wanna buy later on.
But I don't count on it lol, I was way too late to start buying it. Yet, there is the chance to correct in a degree, and if I can, I'll do so.
I'm btw not alone in this. All those that stacked (or bought paper represented) 2010+, well, similar story. A generation that wasted a part of its savings, having been the very goal of the central planning parasites club. We'll able to speculate better. I'll try so. Others may leave disappointed. I say persistence is on the end a winner.
sammysilver said:
put the crack pipe down again Sammy
Okay you all, you have your head start now. The breakout is nigh.
sammysilver said:
Was that $2 a swallow or a summer?
sammysilver said:
Silver in my opinion is still ridiculously cheap. We've had sub $24 for over a year now. It's been a golden time to buy silver and stock the stack.
sammysilver said:
well you and I agree on one thing ( mid to low 20's ) for the price of silver just that it will be hovering around here for longer than easter.
and it wont be $36 like your last years failed prediction