The Silver Story So Far and The Ugliest Chart Ever Made!

[Ernster]

:|

IMO $21-22AUD (and lower obviously) is perfect and is where you want to purchase the bulk of your silver is the safest point where you wont lose your shirt and you wont need to rely on a bubble to make a profit.. and no more than $30AUD

But I could be completely wrong of course

 

[phrenzy]

I'm not an idiot! hooray!

 

[finicky]

Waiting for the black line below all others - "you must be brain dead not to buy silver you cretin". Need good margin of safety

 

[Ernster]

...........

 

[MrLeprechaun]

http://s14.postimg.org/d2xzpqe4x/uglychart.jpg

:lol:

Brilliant!

Would be great if I could convince Kitco to include these inscriptions into my mobile alerts to add a bit of character - the message would cut through more than a vanilla percentage or dollar/cents change alert!

Cheers,
ML

 

[Court Jester]

Waiting for the black line below all others - "you must be brain dead not to buy silver you cretin". Need good margin of safety

buying silver now is basically doing this:

 

[MrLeprechaun]

So where abouts is your "buy now you idiot" line out of interest Court Jester?

 

[phrenzy]

So where abouts is your "buy now you idiot" line out of interest Court Jester?

Your question is irrelevant, don't you know silver is going sideways forever? Like sisyphus, but on the flat.

 

[Ghost Story]

[youtube]http://www.youtube.com/watch?v=kkHa1s1mjIA[/youtube]

 

[Shippeevt]

I'm done buying when it hits usd 17.60... That's when I started on the down trend in September and where I'm gonna stop on the way up...

 

[SweetBread]

You want to wipe before you flush it

Waiting for the black line below all others - "you must be brain dead not to buy silver you cretin". Need good margin of safety

buying silver now is basically doing this:

http://forums.silverstackers.com/uploads/7513_money-toilet.jpg

 

[chowdersilver]

I'm done buying when it hits usd 17.60... That's when I started on the down trend in September and where I'm gonna stop on the way up...

I plan to stop at $19 even though I started at $20 (spot price, not actual price). Because I don't plan to sell (just pass it down), I hope the price stays below this number for a long time as I have really enjoyed collecting coins from around the world.

 

[barsenault]

The question will be, if, I know a big if, if silver hits 30 again relatively quick, who is a buyer? For us who have been around awhile, I'll be a bit leery. Might have to play the traders game. )) and probably lose my arse. LOL.

 

[The Crow]

The question will be, if, I know a big if, if silver hits 30 again relatively quick, who is a buyer? For us who have been around awhile, I'll be a bit leery. Might have to play the traders game. )) and probably lose my arse. LOL.

And that is why there will be steps in the rise at which prices stabilize for longer (or shorter) periods as different buyers step out (get nervous or simply decide to take their profit) and others step in (speculators who see the price as going up). Looking at some of the charts that have been around, I would be thinking that ~AUD$27 would be a significant resistance point rather than $30.

 

[copperhead]

Wile I do think buy now is a big YES . Here in America I see things this year different then most other years
The dollar seems weaker . OIl is down . Food is up .
If I purchased silver 1980 and ignored the up trends I'd be down as of today . Silver is a sneaky Snake
I'd almost be quicker to say copper price is a good rep of true value to the dollar even with china inflating copper sales.
Silver may go up but it may even go lower. Silver prices are redundant year to year .