Where is 75 $ silver?

The $75 silver is just the other side of the black swan event. But if you want in early I can hook you up with some $75 ounces now so you're ready?
 
Roswell Crash Survivor said:
If you're after spectacular immediate gains, maybe you should divest with your stack and invest your capital in another sector.
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That's what alot think.
The reason they paid upto even $50 for an ounce silver.
But the recommendations to divest with the stack and 'invest' the capital elsewhere, where hard to find.
And now at $20, it's harder to not find them haha.
 
Jislizard said:
In order for people to think it is going to da moon, the prices have to be actively rising.

As the prices have recently dropped most people are speculating on how low it will go, hence there are more "sub$19", "Silver to hit $14", "What will you do if silver goes back to $6" type of threads.

When the price of silver is not going up or down we discuss religion, politics and racism, I say discuss...
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If silver hit's $6 I will buy LOTS MORE SILVER Bring it !!
 
Pirocco said:
Aureus said:
It is going to take something mighty special and/or disheartening to get past $50.
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You know what: I ceased to act according and even pay attention to all the worlds gloom and doom, special and disheartening stories out there. I've seen numerous passing the revenue. Each one followed by claims up or claims down, or both.
Take for ex the 'shockwave' that that Cyprus story last year caused. And the 'shockwave' that the Quantitative Easings caused.
What is left of it? Nothing? And why: because those stories are not what they seem to be. They are orchestrated scams ment to lure speculators into erroneous decisions.
Instead, I will rely on monitoring data, and that includes what I see with my own eyes on the street / wherever. I don't believe anybody / any entity or organisation. But I still read their data / stories, and when I see reason to be reflecting reality, for ex by being indirectly confirmed with other data, I'll treat them as reality, and if needed, act accordingly. And that includes single day stories as well as stories than span years. A weak appearing trend spanning years can be as mighty as a trend spanning a day (black monday market etc) yet is often not recognized as such, resulting in those typical high red candlesticks on the charts. Take for ex current stock markets, recordlevels, above 2006-2007 peaks. Some here consider these levels as healthy, and good to start from. Well, that's what they all do, until that high red candlestick, where they suddenly don't anymore.
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Well like I said, mighty special. What that event ends up being is beyond me, but I do know that there will be an insane amount of resistance on approach to the special number that is $50. It may just be China telling the US to stick their dollars up their ass, war, too big to fail bank actually failing, FED admitting they have lost control - the list of unlikely reasons is endless. The key word in that being unlikely, I can't see a time where silver gets over $50 personally. Ultimately 2011 was a freak event fueled by sheep, it's not going to happen again without a proper news driven reason.

Now, you get through that brick wall for whatever reason and it's uncharted territory for investors. I wouldn't even rule out a sharp spike all the way up to $75 if it got past $50.
 
TreasureHunter said:
I'm surprised everyone here is so pessimistic...

The arguments behind silver are strong enough...
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It is like this. When its low or going down, most people are pessimistic. When its high and going up, most people are positive.

"Buy when others are fearful and sell when others are greedy"

So this is the time to buy. Much fear and pessimistic people are a good signal for buying.
 
If you want silver as insurance, the goal is to buy cheap. The average price of your stack should be below 10. Otherwise it's a lousy insurance, you are overpaying.

When you buy an insurance you also shop around, and weight the costs v. the potential benefits. If I had to pay A$250 a month for health insurance I would rather go without, because I don't think it will be worth it: the costs of medical bills are unlikely to be higher. If I pay A$20 a month I'll buy it because I don't have much to lose: if I am not sick all I lose is A$20/month.

If I had to pay $20-30 for silver I would rather take the risk of losing my savings in case of hyperinflation, and won't buy it. If it costs $8 I'll buy it because I don't really have much to lose: it's unlikely to go much lower.
 
swe_silver said:
TreasureHunter said:
I'm surprised everyone here is so pessimistic...

The arguments behind silver are strong enough...
Click to expand...

It is like this. When its low or going down, most people are pessimistic. When its high and going up, most people are positive.

"Buy when others are fearful and sell when others are greedy"

So this is the time to buy. Much fear and pessimistic people are a good signal for buying.
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Imagine how pessimist they are going to be when it reaches $8 :lol:
 
Cheepo said:
Imagine how pessimist they are going to be when it reaches $8 :lol:
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Imagine how pessimist you are going to be when it doesn't. :lol:
You already complained about that recent spike up, and that was a mere half dollar delta. What is it gonna be then for your $11 delta here.
Better stack some towels and tissues already. :D
 
I have paid a high of $42 & some in the $30's but a nice run in the $20 's
yet I did a spread sheet report to figure some truth ,
I was a little disappointed to see I can't sell my stack at a profit
The reality is each purchase is a loss that day
But for now my break even point is - $26 - $27 or there abouts
But it is a wonder as now I see each purchase , regardless just cause's my auto calculation , on my spread sheet to go higher and higher towards LOSS .

$1000 per ounce I guess not - but who knows
 
^^^this is where you stop counting your losses in fiat and start counting your gains in ounces, saves a lot of pain!

I deleted the cells on my spreadsheet that showed $ value loss... I'll undo that once silver gets back above $25.40 as I know I'll be in black then :D
 
What house says is true think in terms of ounces gained
After all life with fiat is not entirely stable either . If I had been keeping track of life expenses
from food to fuel in the last 6 years and toss in ALL other things I use & put that on a Spread Sheet
I am sure i'd see a big loss with fiat currency . The fact that certain electronics are less is just a byproduct of finally a real price for an item that was overpriced . What really counts (things we need) is like double in some cases
 
It's not sheep that fuel. It's a bunch misleaders out there that fuel. And the sheep now know. And will remember quite some time. China and Fed and whatever can say all they want, without general prices increasing more every price uptrend is profit, and they won't wait that long anymore, to grab it. And here the most important element was mentioned.
 
agree with some
prepare yourself emotionally that spending on PMs is a sunk cost ... the same as living exp, recreation, etc ... you spent $ for it - enjoy it, forget about it.


P.S. don"t eat too much ... do not buy too much PMs either ))
 
worldbubble said:
agree with some
prepare yourself emotionally that spending on PMs is a sunk cost ... the same as living exp, recreation, etc ... you spent $ for it - enjoy it, forget about it.


P.S. don"t eat too much ... do not buy too much PMs either ))
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You mean we should suspend stacking until the price is driven higher and those that drove it higher again talk about moon cost?
 
I've conceded that I'm going to make a loss when I sell.

Just hope I get a decent price on the house that it'll go towards!
 
Cheepo said:
When you buy an insurance you also shop around, and weight the costs v. the potential benefits. If I had to pay A$250 a month for health insurance I would rather go without, because I don't think it will be worth it: the costs of medical bills are unlikely to be higher. If I pay A$20 a month I'll buy it because I don't have much to lose: if I am not sick all I lose is A$20/month.
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Could you kindly please share where you are getting your Health Insurance for $20 a month?
 
RetardedMonkey said:
I've conceded that I'm going to make a loss when I sell.

Just hope I get a decent price on the house that it'll go towards!
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That's the thing, if the debt driven house market goes into oversupply mode then even a dropped silver price still allows to buy the same house.
All it needs to shift the government side off the cliff is smarter speculators, that don't listen to their greed and scaremongering talk, that recognize what price means wait and what means buy.
Consider this: how 'normal' is it for stock markets to go up when central planners lower intrest rates on bank savings? That can only mean that those stock markets shot up in the expectation that the lower intrest rates will drive more bank saving sheep towards stock markets. In other words: they're happy seeing other people losing. I don't consider that normal, and a red signal to do the opposite, or nothing, and wait for a better time. More of this kind of behaviour will stabilize price trends, and the government side will fail to drain off people along bull/bear cycles, which in turn leaves them two options: openly showing their ugly face, and be recognized as such, or jump off the cliff.
 
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