So you wake up one morning this week and see this, how do you feel?
- Thread starter SpacePete
- Start date
H
House
Guest
Confused as to why the markets would be open on a Saturday 
stacknowlaughlater
Active Member
Id feel confused as to why the Australian Dollar dropped so low overnight
stacknowlaughlater
Active Member
Ok now the real important question is who would sell all their silver immediately at $49/oz and who would wait and take the risk of it going up even further or back down?
-j-p-shmorgan
New Member
stacknowlaughlater said:
$490/oz I may be interested... Depending on if the government is Zimbabwe'ng it up or not.
-j-p-shmorgan
New Member
willrocks said:
Maybe the day started in the middle of the chart. :/
I know this thread is a bit of fun, but it is an opportunity to use foresight in lieu of hindsight.
If you're currently sitting on $100K at $20 spot, in a short time it's worth $250K. One option is to:
a) cash in $100K to recoup your investment.
b) expecting that the GSR has halved, buy $75K of gold.
c) keep the remainder in silver.
Personally, I think my biggest disappointment will be silver at $49 will mean fifties would be costing me about $20 each.
If you're currently sitting on $100K at $20 spot, in a short time it's worth $250K. One option is to:
a) cash in $100K to recoup your investment.
b) expecting that the GSR has halved, buy $75K of gold.
c) keep the remainder in silver.
Personally, I think my biggest disappointment will be silver at $49 will mean fifties would be costing me about $20 each.
mmissinglink
Active Member
I'd feel unsettled until I knew what was the cause of that significant spike.
.
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barsenault
Well-Known Member
I'll unload some of my allocated silver account in Silver Saver and raise some cash...and maybe we'll go down to 14 again, and I'll buy a 'ton' of silver. lol.
sterling-nz
Well-Known Member
I am onboard with Sammy.
Even if you just sell 100k worth , it will be a 100k more than you had the day before.
The only difference for ME would be the gold.
I would buy into some gold , BUT i would wait for silver to come BACK DOWN to $10 -$14 range before doing so.
It would just mean sitting on my money for a year or 2.
LOL
History<<<<<<^^^^^>>>>>>>>
Even if you just sell 100k worth , it will be a 100k more than you had the day before.
The only difference for ME would be the gold.
I would buy into some gold , BUT i would wait for silver to come BACK DOWN to $10 -$14 range before doing so.
It would just mean sitting on my money for a year or 2.
LOL
History<<<<<<^^^^^>>>>>>>>