why are you not buying? silver is so cheap
- Thread starter alor
- Start date
H
House
Guest
Because it was "cheap" at $40 too 
Im buying.
I'm waiting for silver to become so cheap that it's sold as a toy in McHappy meals
Caput Lupinum said:
I fix it for you, even tidied up your grammar.
Edit: Noticed you tidied your own grammar.
H
House
Guest
Eureka Moments said:Caput Lupinum said:
I fixed it for you, even tidied up your grammar.
Edit: Noticed you tidied your own grammar.
Fixed your own grammar
Some folk have had their fill and can wait for any over-sold bargains, the MACD is a screaming buy but we could see capitulation soon.
Folk imo are saving their cash because they know something is not just right; they will keep their cash and wait.
The PE ratio for stocks is at about 17 which is a screaming signal to me that the market could correct fiercely and... for those folk who have cash they could pick-up some very good dividend yielding stocks for the long-term; the US market will affect the Aussie.
Some folk are probably looking at the USD vs AUD which may fall by about another 20 cents over the next couple of years.
Some have been saying that the market doesn't want AUD, Yen, Pound or Euro but will buy the USD because it's safe!
I say, the safety for long term is physical Silver
Metal is becoming cheaper but the AUD may continue to fall so... watching the price of spot and the AUD is important.
Being cashed-up, can give folk, who are sitting on a few ounces the opportunity to buy cheap metal or cheap stocks.
This is bargain hunting times.
Folk imo are saving their cash because they know something is not just right; they will keep their cash and wait.
The PE ratio for stocks is at about 17 which is a screaming signal to me that the market could correct fiercely and... for those folk who have cash they could pick-up some very good dividend yielding stocks for the long-term; the US market will affect the Aussie.
Some folk are probably looking at the USD vs AUD which may fall by about another 20 cents over the next couple of years.
Some have been saying that the market doesn't want AUD, Yen, Pound or Euro but will buy the USD because it's safe!
I say, the safety for long term is physical Silver
Metal is becoming cheaper but the AUD may continue to fall so... watching the price of spot and the AUD is important.
Being cashed-up, can give folk, who are sitting on a few ounces the opportunity to buy cheap metal or cheap stocks.
This is bargain hunting times.
mmissinglink
Active Member
House said:Because it was "cheap" at $40 too
SHAZZAM! That's the right answer for those who believe there is more consolidation yet to come. Not buying right now means that when the price drops further, more ounces can be bought. To me, this is the answer and argument of a smart stacker.
.
mmissinglink
Active Member
alor said:Dow at 17000 silver at 17
1:1000
cheap in that cents
Silver at $17, bargain 2-ply toilet paper at $0.01 per sq ft.
1: 170,000
Silver is very costly in that sense
.
Pirocco
Well-Known Member
I added to my stack friday.
By the end of the year, there will probably be another bottom to buy at. If it will be higher or lower I don't know. Depends on people. But the stocks accmulated over the 2004-2012 period didn't sell empty so there is some time avail. Happy further coming silver stacking years.
By the end of the year, there will probably be another bottom to buy at. If it will be higher or lower I don't know. Depends on people. But the stocks accmulated over the 2004-2012 period didn't sell empty so there is some time avail. Happy further coming silver stacking years.
mmissinglink
Active Member
rodmadman said:mmissinglink said:alor said:Dow at 17000 silver at 17
1:1000
cheap in that cents
Silver at $17, bargain 2-ply toilet paper at $0.01 per sq ft.
1: 170,000
Silver is very costly in that sense
.
So math is not your strong point ?
Don't blame me, I used a damn percentage calculator!
.
Pirocco
Well-Known Member
An index like the Dow is a good benchmark choice because it's representing so many economical parameters. Toilet paper does not.
But toilet paper can be used too, less of a reference, but still a reference. So take a toilet paper / silver ratio from a past and compare to now.
2008's average price (an average is a also a better benchmark choice) was $15. And that was a middle of crisis year.
But toilet paper can be used too, less of a reference, but still a reference. So take a toilet paper / silver ratio from a past and compare to now.
2008's average price (an average is a also a better benchmark choice) was $15. And that was a middle of crisis year.
House said:Eureka Moments said:Caput Lupinum said:
I fixed it for you, even tidied up your grammar.
Edit: Noticed you tidied your own grammar.
Fixed your own grammar
Sorry House, it should read, "your grammar", "your own" is tautology.