Silver Price Watch

[alor]

https://www.bullionstar.com/buy/product/silver-rcm-100oz SGD 3,153.67 time 8pm
continue to discount, continue with the spot drops

on sale has been a good indicator of near term drops in recent past.

 

[alor]

do a Palladium  ;D

 

[STKR]

Silver has closed above $36 AUD for the week. We are currently sitting at a resistance level of $24USD, so next week will be interesting. The next resistance points are $26, $28 and the infamous $30 US.

 

[STKR]

A nice little boost overnight. Vertical green lines put silver in the overbought territory. We'll probably get a sharp pull back at some point but at least we've broken through the $24 resistance and it will now act as Support.

 

[STKR]

Monthly chart looks good though 8) there will likely be a lot of resistance along the way but closing at the $28-$29 USD level by the end of the month isn't out of the question. Any gains could be offset by a weaker USD but that's generally how it works.

 

[ozcopper]

Was just listening to Andy  Schectman from Mile Franklin. (Bullion Dealers) They picked up 11790 new clients LAST MONTH. Normally it would take them 3 years to pick up that many new clients.

 

[STKR]

Was just listening to Andy  Schectman from Mile Franklin. (Bullion Dealers) They picked up 11790 new clients LAST MONTH. Normally it would take them 3 years to pick up that many new clients.

There's definitely been a shift in public perception. New stackers entering the scene are probably going to think they got in "early"  ;D I feel we're going to find out just how small the market really is. Speculation is one thing but FEAR is the bigger driving force. It could be like 1979-80 except with 'industrial necessity' afterburners.

 

[STKR]

PM Roos are going for $50 an Oz at ABC.

 

[66rounds]

PM Roos are going for $50 an Oz at ABC.

Jeez they?re certainly milking those premiums. No wonder people were asking silly prices for these on that other forum.

 

[STKR]

The Fun Police have entered the building

 

[alor]

Stocks & Gold Slump After Hawkish Fed Sends Rate-Hike Odds Soaring | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

nice drop

 

[alor]

when there is discounts, usually the price heading south then after

Chinese Silver Panda 2023 - 30 g - BullionStar Singapore

Buy wide range of Chinese Silver Panda at BullionStar | Tax free silver coins in Singapore | Best bullion dealer in Singapore

www.bullionstar.com

since there were heavy rain/flooding in China, so the pandas flow here
it is 10 M pandas for 2023, it is bullion 30g silver
nice competitive price, grab them while it last

we will never know that the past can still be a good indicator of lower prices lol

 

[alor]

 

[alor]

When spot is 33.48​

the discount is worth it, given the price is similar to the Perth Mint Selling their 1oz bar (Kangaroo 1oz Minted Silver Bar in Pouch)​

Perth Mint Silver Dragon Bar 2022 - 1 oz AUD 40.05​

Perth Mint Silver Dragon Bar 2022 - 1 oz - BullionStar

Unique coin bar featuring a different design ever year released by The Perth Mint. Limited to a maximum mintage of 250,000.

www.bullionstar.com

 

[alor]

when the holder of 10,000 bars unload to the dealer, the past premium is gone, they are selling at below recent products prices. most important is to buy them when price is low. skip those crazy prices.

today got a Valcambi Silver CombiBar 10 x 10g for -$100 discount to the retail price, lucky​

 

[STKR]

 

[STKR]

Cost of living is the new Bitcoin

 

[STKR]

Big spike in the AUD/USD. Honestly, it looks likes it's on a path to 80c, which may mean much lower metal prices if they don't play catch up.

 

[alor]

Palladium leading to new low 1015.5

 

[STKR]

Palladium price watch thread incoming!