Lets consider what is down . For me a good down price is under $20
and the reason I have that comfort feeling of under $20 being low
is due to me starting the Stacking concept around march 2011 @ $39 oz & April 25 2011 peaked at around $47.38
silver stayed in the $30 range till Feb 2013 .Those stacking days felt like a life time for me.
Yet had I started stacking any time before Sept 2010 $20 and $7 per oz was common price & actually Sept 2010 for stacker's was considered higher pricing
For a mere bit of time Feb 2011 to Feb 2013 silver was $30 and above the travel up before 2011 and down after 2013
If you really take a look at silvers track record we make a commotion much about nothing . If silver went to $7 it would be completely normal considering silvers past performance .
The stacking of silver is simply a way to store Shiny value with a metal that has some size to it and feels like an accomplishment
after all we could stack ( and many do regardless of higher premium) 1/2 Gram gold bars for $20 range a full gram $47
But hold in your hand same value gold to silver is just not a rewarding .
Holding a nice new 10 oz silver bar you feel like "hey I'm doing it man "
I bet having a 10 oz gold bar would really feel nice if not a sobering reality.
The more I investigate , I see it's us (stacker's ) against them & THEM are individuals that create money from paper with THEM you have winners and losers. We hold the item that history has proven has value , it does not vanish , it can drop big but there is no time limits it's yours to wait and see .
I am feeling stacking silver is not such an investment but more a safe hedge of value to ride the wave of insanity created by the lords of Fiat . I suspect the stacker's of silver are an annoying reality proving to owners of Paper there playing with air , many get get rich on air . But some day the holders of the stack slow but sure could prove to have been the wisest direction once the smoke clears.
So you ask " Will the ECB meeting drive down silver again " well if the Fiat investment world can convince they are the way to go or if people feel better with stocks . Paper silver will suffer and we can buy it for less . Look the world is trading to and fro in digital signals . Pay your wall-mart bill with a check & they don't even keep check it's not even paper any more, the term paper is a word, it's digital storage of numbers, thats what has happened .
Silver is amazing - it's labor intensive , some one has to mine it , or recycle it , then melt it , mint it , then load and move tons of bullion to customers who intern start to realize this could get bulky where do I keep it safe .
I am thinking the outside world is crazy & stacking silver is security . The outside crazy world will cause up & down Blips in silver
pricing yet the more people that catch on to holding true physical silver will help shape the future to a honest system.
