Silver Price Watch
- Thread starter STKR
- Start date
Up, to keep that trend line happy and in check. A smack down would make me cry a Noa's flood. US shit show about to happen between two idiots that can't even communicate a full sentence between them about working class citizens and how they will fix the Americans economic problems. Just mules following the never ending carrot in front of their face's.
Everyone talks about dollar cost averaging but I'm a bulk purchase kinda guy. I've bought the majority of my silver this way. Having said that, I anylsed the average mining costs and always bought when it dipped below the AISC of the miners. But I doubt those days will present themselves again
The other. Never buy in an uptrend that's my rule number 1. Unless ozcopper puts out limited mintage rounds 
I'm a sucker for it. Forces unbeknown to us can and have smashed silver sp in the past. Cash is king. In saying that silver is in a unknown position on the charts it could go wild or flop like a bad meringue pie. Keep the powder dry and easy into it on the dips good luck
I'm a sucker for it. Forces unbeknown to us can and have smashed silver sp in the past. Cash is king. In saying that silver is in a unknown position on the charts it could go wild or flop like a bad meringue pie. Keep the powder dry and easy into it on the dips good luck
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I don't think it's really the time for holding off and hoping for a big dip
It's primed and ready to go, there might be some noise in the mean time, but those few dollars wont matter after what happens happens.
It won't be touched for a decade, by then we'll be having $50-$100 days and the 2 or 3 bucks I could have saved or few oz more I could have had will be easily laughed off.
It's primed and ready to go, there might be some noise in the mean time, but those few dollars wont matter after what happens happens.
It won't be touched for a decade, by then we'll be having $50-$100 days and the 2 or 3 bucks I could have saved or few oz more I could have had will be easily laughed off.
I'm inclined to agree with this, especially if someone didn't have much silver. But if you already have a few 1000 Oz's of silver and just want to add to your stack, I'd wait and see what the markets do. Remember in 2020 when it dumped to $11 US? That was well below the mining cost and was in tandem with a stock market crash. The way Silver's price discovery works means it can and will be influenced by such events.
If I had no silver then I'd get in while I can. As you said, a few $$ now won't matter in the long-term. But if I was just adding to an already sizeable stack, I'd probably buy a couple of KG's and, as Silver Soul said, "keep the powder dry".
2020 was a gift. I kept the powder dry and was able to pounce on the opportunity to buy when silver was $18 AUD with a Silver to Gold ratio of 120:1. It cost more to mine it out of the ground at that time. Right before the premiums shot up, too.
It all comes down to individual circumstances:
- Do you already have a sizeable stack of silver?
- Is 20k most of your savings?
- Will it hurt if you bought now and silver dumped?
- Do you foresee a crisis event in the future?
I have plenty, this is what's left of a Trust fund my grandpa set up for my sisters and me 30 years ago.
I'd been trying to convince dad to put it in metal for years, and now he sees what mine has done he decided to finally put it in. Should have been done years ago.
I see the world changing, I am still fully trusting the plan and q said gold shall destroy the FED. I'm expecting gold backed money at some point.
I think there will likely be a short lived reaction (high volatility) that reverts to the mean in a week or so (no matter who wins).
I think that the two assholes do have some substantive differences in foreign policy, fiscal policy and monetary policy that could effect domestic markets, international trade and the plans of foreign nations/central banks. Trump is talking a big game about cutting domestic spending with Elon Musk in a cabinet role (and possible bringing in Ron Paul to assist!), but it remains to be seen how serious the rhetoric is. Cutting spending is really the only issue that matters with respect to monetary inflation. If Trump wins and succeeds, US might get some Milei style austerity that will hurt the domestic economy short term, but be healthy long term (and thus limit the upside for PMs). If Kamala wins, spending is likely to run unchecked which will be great for PMs until the system craters and then things won't be so great for anyone. $.02
Bringing Ron Paul in would be a wise move if Trump wins the election. I have a lot of respect for R. Paul he's a very smart man, and it is ashame he didn't get in, in the 2012 campaign as America would be in a much better position than it is in now. Their might be hope for the US yet
I think he was searching for a fair balance of power in the American industrial industry but it was too late for even him to change the decline. So he has learnt from that and now wants advisers with the smarts to guide him on the next term? This could be good for the US. But it will not stop BRICS. One thing to remember is competition is good for all. NATO land control is bad for everyone.
the real problem are BRICS have out compete the Western world,
in hypersonics they can kill you any moment, but your weapons can't reach them (Rus-vs nato in ukraine)
their EV is too cheap, your auto no longer can manufacture
your USD can't buy their things any longer
Babylon come and gone, it will be the same, there is nothing new under the sun
donkey & elephant seems to care about themselves only
in hypersonics they can kill you any moment, but your weapons can't reach them (Rus-vs nato in ukraine)
their EV is too cheap, your auto no longer can manufacture
your USD can't buy their things any longer
Babylon come and gone, it will be the same, there is nothing new under the sun
donkey & elephant seems to care about themselves only
BRICS will rule only when they have full control over the energy markets then everything else will fall into place! But it needs good management from its members and no in house fighting . India and China have just done this so it's good news for both countries. Unification will destroy its endless hopes of kaos the West wants to sell its weapons.
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