Silver price up, unhappy ?

F

FNQsilver

Member
Strange, I should be happy with the recent spot price increase as my stack was all purchased within the last 6 months when the price was low (relative to a couple of years ago), ramped up the purchases as the price went down.

Value of stack has increased so I should be happy, but I can not help feeling disappointed that spot is up, feels like an opportunity missed to add OZ's, guess I must be a stacker.

Does anyone feel the same way?
 
I am not bothered by the price either way? Its not as if i have been able to buy anything even close to "Spot" anyway!

I always look a youtube vids and lots of Americans always say it was just $1 or $1.50 over spot? how lucky they must be.

The least I have paid is $6-$7 over spot.
 
Don't worry, you'll get your chance to buy when it drops again. But by then you'll think that it will keep dropping and thus won't actually buy. Vicious Stacker Circle ;)
 
It's because nobody believes it's the start of anything. It feels like buying now is expensive because you paid less last week and think you probably will next week...or the recent price rises might be the start of something and you'd feel short changed if the rally kicked off now. Stackers hate not feeling comfortable buying or selling at the same time. Not all stackers will take a particular situation and price as a buy or sell moment, some will want to sell while others buy but usually they feel the situation dictates one or the other, at the moment most people seem to think neither is warranted.
 
No, some people are glad that PMs are showing some life given they've been in the game longer. While I'm happy to short silver, I'd still prefer to see it rise. I'm just going by the resistance levels or support levels breaking before accumulating more or selling more depending which way it goes. I'm not backing up any type of vehicle at a given price.
 
Hmm, different situations for people at different stages I guess.

Think I will hold off to see if the price really breaks out or not, prob fall again next week :-), buy all the way down.
 
Caput Lupinum said:
No, some people are glad that PMs are showing some life given they've been in the game longer. While I'm happy to short silver, I'd still prefer to see it rise. I'm just going by the resistance levels or support levels breaking before accumulating more or selling more depending which way it goes. I'm not backing up any type of vehicle at a given price.
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So you think there are real signs of life here? I thought we were going to see $1300 gold for a moment there. I have to keep reminding myself where we were a fortnight ago.
 
Yeah I'm sad to see it go up. I think silver is still a good buy right now. Gold at almost $1300 not as much. I'm sure we'll see more lows and more highs; tis the nature of the beast.
 
phrenzy said:
Caput Lupinum said:
No, some people are glad that PMs are showing some life given they've been in the game longer. While I'm happy to short silver, I'd still prefer to see it rise. I'm just going by the resistance levels or support levels breaking before accumulating more or selling more depending which way it goes. I'm not backing up any type of vehicle at a given price.
Click to expand...

So you think there are real signs of life here? I thought we were going to see $1300 gold for a moment there. I have to keep reminding myself where we were a fortnight ago.
Click to expand...

If gold likes the ECB decision and greeks vote for the socialist party I can see signs of life. If it can stay above $1250 from about a month from now I'll feel a little more confident it's more than just a short term bull trap
 
I am seeing optimism in the market. Gainesvillecoins had MS 1oz gold goats as a clearance special. The first two times, the coins cycled through the 8 days with no buys. This time, they all sold. People wouldn't buy them at $1180 + $150, but bought them all at $1250-1280 + $150. Go figure. That may be an indication we are at least near a temporary top.
 
I've had a strong belief that silver bought under AUD24 was always a bargain. I bought on the way down, at the bottom, and still buying on the way up. I have said that by Easter we should be back to $25 so silver has been a steal for the past two years. I sense by this Christmas it will be $30+ but feel the wild card will be the AUD. The forces driving up spot may also drive up the AUD. I would have to assess at Easter and beyond whether to stack silver or cash or a mix of the two.

I'm not in it for the money, but there will be an opportunity in the future when the GSR drops to 30ish to flip to gold and take my profits in the yellow metal.
 
How about: Yes & no..


Obviously good for stuff I already own that's more tied to spot, as that's risen in value.

Also glad to have a breather for my wallet.


Then again, items on my ever-present shopping list have become that much more expensive.

For example, a particular 10-oz bar that I want was just recently released. Got used to paying for items in the $15's USD spot. But now hovering near $18, that would cost me a good $25 more than had it been released a bit earlier. :(

Holding off on it, at least for now, for better or worse.


Another way of looking at it is I also have an interest in old slabbed Ag numismatics, which are pretty much disconnected from spot.. In which case, who cares? :D
 
No,I am fine with the price up or down. Does not make a difference to me.

Just buy with money u could careless about if price goes up on u.

Remember this if u want silver u must
get a hang on the ups and downs. If u want more fiat in your pocket then go with it,keep the fiat in the pocket.

I always keep the Star Notes for fiat paper keepers. A good rule is have your Silver Stack backed with same value in fiat u got the silver at point of sale. At that point u most likely will not care what Silver trades for if u really want to Stack Silver,T
 
I wish I had bought more. Money was tight around the holidays. Only bought a 1 kilo bar for myself for Christmas. Now with price higher I'm Leary of buying
 
Are you trying to give Jester a new sig Sammy??

I'm a little miffed it's going up now, Family members of mine have seen the light and are moving some savings to metals.

Rough to buy now as it will go down again most likely.
Still the day will come with genuine gains that won't be able to be pushed down. Of course thars the time you will be waiting for the drop to buy
 
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