Silver Price Watch
- Thread starter STKR
- Start date
Well I incorrectly predicted a sell off a few dollars short of $100USD, I got that wrong I definitely didnt think it would get as high as it did before it happened what a $168AUD it got to?. was bound to happen on a pump that high and that quick.
If it holds around the $120AUD mark for a while then things be in good shape. But if it keeps going then thats not so great unless you a re a buyer and you can get some stock lol
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If it holds around the $120AUD mark for a while then things be in good shape. But if it keeps going then thats not so great unless you a re a buyer and you can get some stock lol
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Mate, very hard to hit those numbers spot on, but ur Thesis is spot on
It would need to be well under $100 AUD to entice me back into a buyer
I'll just be sitting on my Stack for now
I figured allot smaller traders would have sell orders set at $100USD and I noticed often Bigger traders know smaller traders set benchmarks, so they tend to sell off before bench marks are reached and buyback in later, $100 USD seemed a pretty attractive bench mark to sell on if a paper guy, seemed that wasn't the case, they had those sell orders way higher, I would have 100% have sold at $100USD if a paper silver guy, I would have done really good, But definitely have been further from the top than I expected, Im shocked the paper silver boys pushed it as far as they did before a sell off.
some of those raders would have made some serious bank off this pump. thats crypto shit right there
Have been away and just saw the spot price hammered down. A bloodbath to go almost $50 USD in a day.
But even though spot is currently $122 AUD, it's not easy to find silver. ABC keep raising their premiums during this time, so no way to take advantage. Check these out:
10oz bar almost $40 over spot.
1 Oz maple $40.50 over spot.
This is a sign of the times and we'll see more of this over time. Physical Bullion price discovery is diverging significantly from the paper price.
It's also happening in the FB groups. Not many people aren't offering silver for sale, and those who do are listing at $20-$30 over spot for generic bars.
But even though spot is currently $122 AUD, it's not easy to find silver. ABC keep raising their premiums during this time, so no way to take advantage. Check these out:
10oz bar almost $40 over spot.
1 Oz maple $40.50 over spot.
This is a sign of the times and we'll see more of this over time. Physical Bullion price discovery is diverging significantly from the paper price.
It's also happening in the FB groups. Not many people aren't offering silver for sale, and those who do are listing at $20-$30 over spot for generic bars.
If the price doesn't immediately bounce back, BN will have stock in a week or 2, for an 2 or 3 hours until it sells out anyway.
I have to say, although I've been have been happy with the price going up, I've been fingers crossed for it to stop until I get an expected large amount of money, although that will be maybe 6 months, I don't like my luck.
I have to say, although I've been have been happy with the price going up, I've been fingers crossed for it to stop until I get an expected large amount of money, although that will be maybe 6 months, I don't like my luck.
