Silver Price Watch
- Thread starter STKR
- Start date
I'm watching BNs unallocated inventory, if they can't order more silver, that's all they'll have left in bulk cheap price exposure for a couple of months at least. Who knows how much they'll have in the vault, when bars come, unallocated will come back online as people cash in for bars.
Trying to convince some people to go 80% in. Nobody has yet. All people who own a bit on my advice already.
Trying to convince some people to go 80% in. Nobody has yet. All people who own a bit on my advice already.
I was just talking to my land lord and he said he'd put 50k in, I'm going to help him set up a BN account after he's done with the mowing. "If I'd listened to you 6 months ago..." the second best time to buy is today.
I feel like I've done a genuinely good thing. He's 76, his kids and grand kids will thank him.
I feel like I've done a genuinely good thing. He's 76, his kids and grand kids will thank him.
Imagine if it dumps and then goes sideways for 10 years...
The only time I've suggested my friends and family buy silver is when it was @ or near primary mine production costs ($15 USD). It was a no-brainer back then and everyone I knew was notified. Nothing kills a good relationship quicker than financial matters though. I'd still prefer to be in metals and watch them go down than have money in the bank and know it's devaluing by the minute.
That would be not great if it did that, but I can't really see it doing that, I don't think that's possible with demand how it is and deficit the way it is and people clearly waking up to it.
I was suggesting it to everyone for the last decade. I used to warn, "you're buying into a manipulated market banking on the manipulation breaking", before it broke 50USD I was more weary of a pullbacks before the next move, and I would warn that, but I think that dip we just had was about it it's above 50 now, 50 is the new floor, and any time it goes there it gets brought up.
I was suggesting it to everyone for the last decade. I used to warn, "you're buying into a manipulated market banking on the manipulation breaking", before it broke 50USD I was more weary of a pullbacks before the next move, and I would warn that, but I think that dip we just had was about it it's above 50 now, 50 is the new floor, and any time it goes there it gets brought up.
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Ideally that's the best way to do it, but woth price volatility atm, potentially downside is short-term, everything about it says it's time to take off buy a kg every day, if I decide to do that 15 days ago, today's kg would cost a lot more than the first one. Even though it peaked and bounced around, that was the dip, oops. Missed it. How long can BN keep listing kilo's before they run out? Is Perth still shipping to them? I assume they're just listing stock as it sells out. It was under 100 when I looked, now back up to 100. They normally stock it up after it sells out, but maybe put those there for overnight. I wonder what's gunna happen when us opens?just buy a kilo everyday until the desired amount/quantities
they allow temporary storage up to months
there is just not sufficient cash to buy, transfer in more cash