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$̶2̶5̶ $30 Silver

derrybderryb Posts: 36,108 ✭✭✭✭✭
edited December 2, 2020 6:14PM in Precious Metals

Maybe a short break first?

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

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Comments

  • jclovescoinsjclovescoins Posts: 1,850 ✭✭✭✭✭

    Yes. This seems like 2010-2011 all over again. Except this time the quantitative easing is more profound.
    $25 by end of August is conservative I think.

  • cohodkcohodk Posts: 18,548 ✭✭✭✭✭

    Excellent----im up 60% on paper silver in 4 months. And twice that (or more) on paper shovels that dig it out of the ground.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I think $25 in August is likely.... beyond that, my crystal ball is cloudy.... ;) Cheers, RickO

  • DrBusterDrBuster Posts: 5,301 ✭✭✭✭✭

    @ $25 I'd be tempted to let some go.

  • Mike59Mike59 Posts: 294 ✭✭✭

    WOW, JUST WOW, Hope it real and not just a head fake. I am NOT a pumper but I have been buying for a long time and it would be nice to thin out the "Constitutional 90% "

    MIKE B.

  • johnny9434johnny9434 Posts: 27,409 ✭✭✭✭✭

    @DrBuster said:
    @ $25 I'd be tempted to let some go.

    +1 here

  • MilesWaitsMilesWaits Posts: 5,300 ✭✭✭✭✭

    Who is that guy that was buying monster boxes?!

    Now riding the swell in PM's and surf.
  • derrybderryb Posts: 36,108 ✭✭✭✭✭
    edited July 21, 2020 7:42AM

    @MilesWaits said:
    Who is that guy that was buying monster boxes?!

    Bitzdude?

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

  • DoubleEagle59DoubleEagle59 Posts: 8,174 ✭✭✭✭✭

    Been buying and selling NUGT and AGQ for the last six months and have done very well.

    Nailbiting ETFs to hold for sure.

    I must admit, I'm not holding either one during this last 5 day run-up.

    Too bad, as the profits are excellent.

    I'll have to wait for the inevitable correction and get back in then.

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • TwoSides2aCoinTwoSides2aCoin Posts: 43,793 ✭✭✭✭✭

    Way over that, considering premium.

  • JimnightJimnight Posts: 10,763 ✭✭✭✭✭

    Nice ... but I'm in no rush.

  • OPAOPA Posts: 17,104 ✭✭✭✭✭

    @MilesWaits said:
    Who is that guy that was buying monster boxes?!

    I remember a member showing off numerous monster boxes. I think his handle was "silverbarron".....but that was years ago.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • derrybderryb Posts: 36,108 ✭✭✭✭✭
    edited July 21, 2020 11:07AM

    @OPA said:

    @MilesWaits said:
    Who is that guy that was buying monster boxes?!

    I remember a member showing off numerous monster boxes. I think his handle was "silverbarron".....but that was years ago.

    yep, I chatted with him. He got tired of being called a liar by forum trolls. I like my trolls, they are better trained.

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

  • BaleyBaley Posts: 22,658 ✭✭✭✭✭

    @derryb said:

    @OPA said:

    @MilesWaits said:
    Who is that guy that was buying monster boxes?!

    I remember a member showing off numerous monster boxes. I think his handle was "silverbarron".....but that was years ago.

    yep, I chatted with him. He got tired of being called a liar by forum trolls. I like my trolls, they are better trained.

    Some will recall that he got caught lying, posting pictures of huge amounts of silver, implying were his, that were moving through his employer's place of business?

    Liberty: Parent of Science & Industry

  • streeterstreeter Posts: 4,312 ✭✭✭✭✭

    I dated Morgan Fairchild. Yea, that's the ticket.

    For those that don't recall, a Jon Lovitz line on SNL. Reminds me of people talking their book when metals on the move.

    Have a nice day
  • cohodkcohodk Posts: 18,548 ✭✭✭✭✭

    @Baley said:

    @derryb said:

    @OPA said:

    @MilesWaits said:
    Who is that guy that was buying monster boxes?!

    I remember a member showing off numerous monster boxes. I think his handle was "silverbarron".....but that was years ago.

    yep, I chatted with him. He got tired of being called a liar by forum trolls. I like my trolls, they are better trained.

    Some will recall that he got caught lying, posting pictures of huge amounts of silver, implying were his, that were moving through his employer's place of business?

    Birds of a feather.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • derrybderryb Posts: 36,108 ✭✭✭✭✭
    edited July 21, 2020 1:43PM

    Birds of a feather.

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

  • OPAOPA Posts: 17,104 ✭✭✭✭✭

    @Baley said:

    @derryb said:

    @OPA said:

    @MilesWaits said:
    Who is that guy that was buying monster boxes?!

    I remember a member showing off numerous monster boxes. I think his handle was "silverbarron".....but that was years ago.

    yep, I chatted with him. He got tired of being called a liar by forum trolls. I like my trolls, they are better trained.

    Some will recall that he got caught lying, posting pictures of huge amounts of silver, implying were his, that were moving through his employer's place of business?

    Yeah, that's the guy. At first he insisted it was his stash, but later admitted that over the years the silver that he claimed was his and bragged about it on this forum, was indeed his employers, who, btw owned a coin shop...

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • blitzdudeblitzdude Posts: 5,361 ✭✭✭✭✭

    Just remember it's only manipulation when the price goes down.

    @OPA said:
    Yeah, that's the guy. At first he insisted it was his stash, but later admitted that over the years the silver that he claimed was his and bragged about it on this forum, was indeed his employers, who, btw owned a coin shop...

    Sounds like someone else I know. :smiley:

    The whole worlds off its rocker, buy Gold™.

  • derrybderryb Posts: 36,108 ✭✭✭✭✭

    @blitzdude said:
    Just remember it's only manipulation when the price goes down.

    @OPA said:
    Yeah, that's the guy. At first he insisted it was his stash, but later admitted that over the years the silver that he claimed was his and bragged about it on this forum, was indeed his employers, who, btw owned a coin shop...

    Sounds like someone else I know. :smiley:

    Ha, if you knew me I would have never let you lose your shirt in silver.

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

  • renman95renman95 Posts: 7,037 ✭✭✭✭✭

    Hey, let's not jump the gun here. Where are the $22 Silver? $23 Silver? and $24 Silver? threads?

  • derrybderryb Posts: 36,108 ✭✭✭✭✭

    root numbers?

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

  • TennesseeDaveTennesseeDave Posts: 4,737 ✭✭✭✭✭

    22.33 as of now.

    Trade $'s
  • jmski52jmski52 Posts: 22,297 ✭✭✭✭✭

    I dunno. I just can't get too excited yet. A move of a buck or two - peanuts, in my opinion. B)

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • derrybderryb Posts: 36,108 ✭✭✭✭✭

    but it's a good start

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

  • jmski52jmski52 Posts: 22,297 ✭✭✭✭✭

    Well, it is better than nuthin'. ;)

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • BaleyBaley Posts: 22,658 ✭✭✭✭✭

    Lmao, even the bears on this forum hope gold and silver go up!

    Gotta love this place 🤗

    Liberty: Parent of Science & Industry

  • ShadyDaveShadyDave Posts: 2,186 ✭✭✭✭✭

  • MilesWaitsMilesWaits Posts: 5,300 ✭✭✭✭✭

    Finally, that silver premium will be less!!
    And on another note, Pd GO.

    Now riding the swell in PM's and surf.
  • morgansforevermorgansforever Posts: 8,428 ✭✭✭✭✭

    Haven't looked at PM's in almost 2 weeks, holy cow. I've learned from the past, don't chase it up, sit tight and attempt to unload at the top. The million dollar question is where's the top? :)

    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
  • taxmadtaxmad Posts: 960 ✭✭✭✭

    @morgansforever said:
    Haven't looked at PM's in almost 2 weeks, holy cow. I've learned from the past, don't chase it up, sit tight and attempt to unload at the top. The million dollar question is where's the top? :)

    If you listen to the 3 Amigos - $10

  • blitzdudeblitzdude Posts: 5,361 ✭✭✭✭✭

    @derryb said:
    root numbers?

    The whole worlds off its rocker, buy Gold™.

  • VanHalenVanHalen Posts: 3,787 ✭✭✭✭✭

    I just checked Ag prices tonight for the first time this week. Holy shit Batman. SHTF!

  • MsMorrisineMsMorrisine Posts: 32,123 ✭✭✭✭✭

    Rising safe-haven demand will also continue to lift silver prices, analysts added, projecting for the precious metal to rise to $25 within the next six-to-twelve months and even possibly reaching $30 in a bullish scenario.

    25 isn't bullish?

    https://www.kitco.com/news/2020-07-21/Gold-prices-gearing-up-to-take-all-time-highs-silver-could-reach-30-Citi.html

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • morgansforevermorgansforever Posts: 8,428 ✭✭✭✭✭

    Not only are PM's up so is the price of 9mm ammo, 9mm heads (bullets) and 00 BUCK if you can find it.

    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
  • SoldiSoldi Posts: 2,016 ✭✭✭✭✭

    @morgansforever said:
    Not only are PM's up so is the price of 9mm ammo, 9mm heads (bullets) and 00 BUCK if you

  • carew4mecarew4me Posts: 3,462 ✭✭✭✭

    Up..Up and away in my beautiful monetary balloon


    Loves me some shiny!
  • derrybderryb Posts: 36,108 ✭✭✭✭✭

    BOOM. Called it to be by end of year. I'll take it early. My next call was triple digits by July 15, 2023. Hope I turn up late on that one as well.

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

  • blitzdudeblitzdude Posts: 5,361 ✭✭✭✭✭

    You were off by 5 months. As they say even a broken clock is right twice a day. RGDS lol

    The whole worlds off its rocker, buy Gold™.

  • derrybderryb Posts: 36,108 ✭✭✭✭✭

    Yep my AGQ is crying. LOL

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

  • blitzdudeblitzdude Posts: 5,361 ✭✭✭✭✭

    @derryb said:
    Yep my AGQ is crying. LOL

    All 10 shares? Yup!

    The whole worlds off its rocker, buy Gold™.

  • cohodkcohodk Posts: 18,548 ✭✭✭✭✭

    @derryb said:
    Yep my AGQ is crying. LOL

    Thats the stock market. Hypocrite.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • derrybderryb Posts: 36,108 ✭✭✭✭✭

    No more so than SLV or GLD. When one invests in such ETFs is one investing in metals or in the "stock market?" When the major stock market indices crash do they take metal ETFS down with them? While precious metal ETFs are traded on major stock exchanges they are far from being classified as "stocks." Precious metal ETFs are pretty much "anti-stocks." Just might be why they are called Exchange Traded Funds.

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

  • meluaufeetmeluaufeet Posts: 746 ✭✭✭

    VXSLV 66.20 10.94

  • taxmadtaxmad Posts: 960 ✭✭✭✭

    and now @ $26 - wonder if it will spend more time here than it did @ $25

  • streeterstreeter Posts: 4,312 ✭✭✭✭✭

    @cohodk said:

    @derryb said:
    Yep my AGQ is crying. LOL

    Thats the stock market. Hypocrite.

    Where do you get off calling people names? You need to tone down your ATTITUDE.

    Have a nice day
  • derrybderryb Posts: 36,108 ✭✭✭✭✭
    edited July 27, 2020 6:29PM

    @blitzdude said:
    You were off by 5 months. As they say even a broken clock is right twice a day. RGDS lol

    aren't you the guy saying "back to the $18s as soon as tomorrow" on July 16. LOL, not even right once a day:

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

  • MilesWaitsMilesWaits Posts: 5,300 ✭✭✭✭✭

    Time to take a breather and review:
    @derryb said:
    You heard it here first:

    March 16 was bear market bottom.
    $21 silver before Aug. 15.
    $25 before year end, triple digits before July 15, 2023.
    Why? Money supply growth.

    Now riding the swell in PM's and surf.
  • blitzdudeblitzdude Posts: 5,361 ✭✭✭✭✭

    @derryb said:

    @blitzdude said:
    You were off by 5 months. As they say even a broken clock is right twice a day. RGDS lol

    > aren't you the guy saying "back to the $18s as soon as tomorrow" on July 16. LOL, not even right once a day:

    No I said COULD be back to the $18s as soon as tomorrow you spin doctor stalker.

    The whole worlds off its rocker, buy Gold™.

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