Home Precious Metals

Silver volatility

jmski52jmski52 Posts: 22,269 ✭✭✭✭✭

Looks like silver is moving a bit quicker than gold these days. In the “up” direction.

Time will tell, eh?

Q: Are You Printing Money? Bernanke: Not Literally

I knew it would happen.

Comments

  • jmski52jmski52 Posts: 22,269 ✭✭✭✭✭

    Silver up today 2%, gold up 1%.

    That’s how it works - in both directions.

    You should have both.😊

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • OPAOPA Posts: 17,104 ✭✭✭✭✭

    I'ts just moving in it's 5 year historical trading range of 18+- + $26. If it breaks $26 expect a rally to $30, but 1"m not holding my breath that this will occur any time soon.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • blitzdudeblitzdude Posts: 5,294 ✭✭✭✭✭

    Gutter has been stuck in its current range for decades. Not even halfway to its non-inflation adjusted all-time highs. Wouldn't expect anything different. That's why they call it the gutter. RGDS!

    The whole worlds off its rocker, buy Gold™.

  • PerryHallPerryHall Posts: 45,203 ✭✭✭✭✭

    @blitzdude said:
    That's why they call it the gutter. RGDS!

    They? You're the only one who calls it gutter.

    Worry is the interest you pay on a debt you may not owe.

  • TwoSides2aCoinTwoSides2aCoin Posts: 43,760 ✭✭✭✭✭


    Yes. Volatility. Up 5 , down $5. Back and forth like that for ten years. A steady rise if you buy on the dips (or in the gutter)
    See chart

  • TwoSides2aCoinTwoSides2aCoin Posts: 43,760 ✭✭✭✭✭

    If you like a roller coaster sell today. The long ride up or the fast drop down .... no twists or turns. The spike is a trigger , from my experiences. The gutter is the opportunity. What to do ? Buy-Sell-Trade. Dip your toes. Click your heels together and say " there's no place like home". 3 times now.

  • GoldminersGoldminers Posts: 3,563 ✭✭✭✭✭
  • derrybderryb Posts: 36,025 ✭✭✭✭✭

    volatility is great for profiting with paper trades.

    SIVR

    The decline from democracy to tyranny is both a natural and inevitable one.

  • OPAOPA Posts: 17,104 ✭✭✭✭✭

    @Goldminers said:
    Simply the calm before the storm.

    What storm are you alluding to? Is it the same one that's been circulating for the last 12 years? If so, don't hold your breath. B)

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • GoldminersGoldminers Posts: 3,563 ✭✭✭✭✭

    @OPA said:

    @Goldminers said:
    Simply the calm before the storm.

    What storm are you alluding to? Is it the same one that's been circulating for the last 12 years? If so, don't hold your breath. B)

    Things seem a bit different to me than the past decade, and sentiment could be changing. War mongering is on the rise, political divides and extremism in the news more often, commercial, government, and credit card debt continues to rise, Saudis may cut oil production even more to get oil back up. Plenty of storm clouds are brewing. I believe before mid-2024 will see an upside breakout in all precious metals.

  • jmski52jmski52 Posts: 22,269 ✭✭✭✭✭

    Not to mention much larger deficits and deficit spending and interest on the debt going asymptotic.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
Sign In or Register to comment.