Is It Time For Silver?

Discussion in 'Bullion Investing' started by yakpoo, Jun 21, 2019.

  1. yakpoo

    yakpoo Member

    Like Lord Voldermort...It's the name that must never be uttered. :D
  2. Avatar

    Guest User Guest

    to hide this ad.
  3. Collecting Nut

    Collecting Nut Borderline Hoarder

    But gold will set record highs while silver struggles at $20 or do we were told.
  4. slackaction1

    slackaction1 Supporter! Supporter

  5. Santinidollar

    Santinidollar Supporter! Supporter

    Silvidiots. ROFL
  6. -jeffB

    -jeffB Greshams LEO Supporter

    Or at least turning on the bathroom fan.
    Garlicus, yakpoo, Tuco and 1 other person like this.
  7. Tuco

    Tuco Active Member

    Last year, the platinumbskull told me silver was going extinct.
  8. Tuco

    Tuco Active Member


    From November 29, 2019, after I said, "I'm betting big on silver in '20."

  9. Tuco

    Tuco Active Member

    Monster 7%+ day lads! Correction tomorrow or $30? :D

    xCoin-Hoarder'92x and yakpoo like this.
  10. -jeffB

    -jeffB Greshams LEO Supporter

    Meh, it'll be a Friday. If there were a local show coming up, I'd be looking to sell quite a bit, and that would virtually guarantee at least a 10% drop.

    Next show (that hasn't yet been canceled) is the weekend before Thanksgiving. Let's see where PMs are at that point...
    GoldFinger1969 and Tuco like this.
  11. Collecting Nut

    Collecting Nut Borderline Hoarder

    I think it will increase just not that much until next week. That's when I expect $30 per ounce.
    Tuco likes this.
  12. Tuco

    Tuco Active Member

    Always be on the lookout, I think these 2 silver rounds may be counterfeit.

    fretboard likes this.
  13. Bman33

    Bman33 Well-Known Member

    I see $30 silver by tomorrow morning. May dip below that again while in New York but overseas it's exploding every night.
    GoldFinger1969 and Tuco like this.
  14. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    A lot of people know when to jump in, very few for when they should jump out. Better hedge it with options. IMO, Jim
    GoldFinger1969 likes this.
  15. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Using options is inherently difficult and probably beyond most people's comprehension.

    Better to just hit the old SELL button. :D

    Don't want to sell YOUR coins and bars but convinced silver is going down ? Short SLV or buy a non-leveraged reverse silver ETF (if there one or only leveraged vehicles; don't like those !).
  16. GoldFinger1969

    GoldFinger1969 Well-Known Member

    We're at $29.53 on the futures, could be there tomorrow morning !
  17. -jeffB

    -jeffB Greshams LEO Supporter

    Huh, that's an interesting take on Metal Men cosplay.
  18. yakpoo

    yakpoo Member

    The Dollar is rallying PMs are falling in relation.
  19. xCoin-Hoarder'92x

    xCoin-Hoarder'92x Storm Tracker

    What happened to platinumskulls rule that silver always has the lowest increases compared to any other market ever :cigar:

    I clearly remember him saying that.
    slackaction1, Tuco and GoldFinger1969 like this.
  20. -jeffB

    -jeffB Greshams LEO Supporter

    I'm sure he'll come around for a victory lap tonight if silver caps its 20-25% gain for the week with a 5-6% loss today.

    ...oh, dear, looks like platinum is taking an even bigger hit today than silver. Perhaps he'll take the weekend off after all.
  21. GoldFinger1969

    GoldFinger1969 Well-Known Member

    IMO, gold closing ABOVE $2,000 for the week (and off the Friday lows) is the key technical achievement this week.

    A few years down the line, we could look at the splitting of hairs of buying gold and silver at today's levels -- or 5-10% lower OR higher -- like those "suckers" who paid $120/oz. for gold in 1975 as opposed to under $100 where it had been for months once gold was allowed to float.

    'Cause when gold moved to $600 and $700 and $800, nobody cared about "overpaying" by $30/oz.:D
    Tuco, yakpoo and xCoin-Hoarder'92x like this.
Draft saved Draft deleted

Share This Page