Silver getting crushed today

Rocketing to the Moon .. until it runs out of gas and falls back down to Earth

 

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Yeah. Watched it.

 

That because Silver is a joke

 

My gold reserves are much higher than my silver reserves. So I'm neutral in the matter. But it doesn't take much does it?


Sometimes silver looses it's way,
like yesterday.
Gold goes up, Silver goes down,
but don't frown.
You can buy and sell at any level,
that is the game of our Precious Metal



@abuckmaster147

 

Thanks Claw, And dang been busy was hoping for $20.00 silver by today. But the days not over yet! missiles may fly. Or is That PIGS!!

 

Are you sure? What's the punchline?

 

latest update
@abuckmaster147

I was hoping it was keep going down close to $15 .. but ... looks like it like the other way recently.

 

The punch line is that everybody keeps taking the bait.

 

What is the point of wanting it to go down? That would change your silver/dollar ratio negatively.

 

for those that hinge their decisions on their silver/dollar ratio.

Or ... if it goes down it shows a BUY signal which is what it does for me if I plan in adding more ASEs. I do NOT buy junk, bar nor foreign silver thus my metrics are different than those that do.

My buy price also includes a premium variance indicator which may not match a "good" variance in relation to ASE/spot based on current spot. So I may never buy if spot does goes down.

I also exclude the Dollar Index Ratio based on FOREX investments which further excludes the silver/dollar ratio in my calculations. But, to each their own.

 

I just buy because it makes me look COOL MAN!!!

 

Yeah, my sister once said the same thing about smoking. She was wrong too.

 

I'll answer that question. "And those morons actually thought metals were still money!!!!"

 

Kurt can take himself out of the jacket and tie but Kurt will never be able to take the jacket and tie out of Kurt.

 

Nicest thing anyone ever said to me. Thanks.

 

Kurt lives for days like this though ... +35 cents. Or is that 35 pennies ?
or a quarter and dime; 7 nickels; 3 dimes and a nickel; 3 dimes and 5 penny/cents; quarter and 10 cents; quarter and 2 nickels; 2 twenty cent pieces with a nickel in return; one 35 cent piece .. ETC
@abuckmaster147

 

70 half disme.

 

Money:
All coins and currency issued by the U.S. Government except Trade Dollars.
Your checking account balance.
Your statement savings is counted in some measures, some not. If you have instant access to all funds, it's money.
The VAST majority of money is strictly electronic and does not exist in any physical form at all - metal, paper, or fiber.

NOT money:
Gold, per se
Silver, per se
Frozen Orange Juice Concentrate
Hog bellies
Unleaded Gasoline
Timber
These are "commodities". Can you say "commodities"? Nice try.

 

I have a lovely bunch of coconuts,
worth a million bucks !!