Discussion in 'Bullion Investing' started by Soiled, Apr 1, 2016.
Log in or Sign up to hide this ad.
Please hold for the "dead cat bounce".
Wall Hanger For Sure!!!! The heck with a little bling. Ha Ha
Lift off, we have a liftoff on Silver Apollo at 5 minutes past the hour, returning silver to the moon...LOL
So, here come the emails. "Silver is down, buying opportunity." The companion to "Silver is jumping, buying opportunity.", and "Silver is stable, buying opportunity."
And I bought my poured bars last month when it was $16.90 an ounce. LOL. Like any collectable Ive ever bought...down the moment you buy.
Well, I should be mad, but I'm actually stoked. Looking forward to eventually picking some silver during the bear market thats ahead and holding 35 years till retirement. Of course, I'm also picking up stocks, bonds, etc too, so the silver express is only a tiny fraction of my game.
I say let it crash, the cheaper the better. Why buy high if you can buy low. Right?
It's ALL too high for my tastes.
If it gets below $15.00 I might start stacking again. Right now I have too many other expenses that involve rings, wedding, honey moon etc. I had mentioned this earlier this year and it stalled. I took her to marriage counseling and we ironed out some things. Now it's on!
That's if the premiums drop along with the spot price.
Classic pumper at work. Just last week calling for $130 silver and $8000 Gold...and you know he doesn't have a conflict of interest because he is only the CEO of a silver company.
Premiums are going up because bullion dealers will do anything to avoid making a loss. When silver goes down significantly you find all of the sudden their inventory of silver is severely reduced and what little they do have has astronomical premiums. Then when silver shoots up all of their stock magically appears again. However, if silver were to stay low for a while then eventually they'll have no choice but to put stock out and sell at whatever price they can. You can only hold off for so long.
It could mean that some of the current bullion companies go out of business if silver and gold where to crash and stay low for a while. But eventually the market would stabilize itself. Not that I'm saying that that's exactly what's going to happen now. Just simply dealing in hypotheticals here based on observations over the years.
Yes, Silver and Gold will always go up,
speaking of which ...
The moon is below the horizon here this morning, as it happens.
Yeah, but getting interviewed by Daniela kinda makes it all worthwhile.
They're gonna link BlockChain to Silver and Gold !!
Because getting involved with any and all current buzzwords is ALWAYS a great idea.
She looked like 130.00 silver....... 8 grand gold.............. u don't have to wait 3 to 5 years
Will it drive lower today, or drive higher?
or maybe do both ?
It's another day of ... As The World of Silver Turns.
Well, 16 held yesterday so I am mildly optimistic. But I wouldn't put any money on it.
You'd think as someone who owns silver I'd be upset, but I'm enjoying the meltdowns over at the Kitco forums and among the silver pumpers on youtube too much. Fun times! Maybe it's true what they say, misery loves company....except most of my silver "investments" are still going up in value (my ancients collection). The Julius Caesar alone is up an additional $200 this year judging by the latest auctions.
Separate names with a comma.