I took a fairly big position at around 17$ of physical silver just to be 'in the game' and am currently waiting patiently to see where Silver goes. I was reading former stackers claiming when silver was at 30$ an ounce in 2011 that 20-25$ was an absolute steal and that it wouldn't go any lower. Well, it got lower, and we even touched below 15$. My question is, how much lower do you think Silver can get? To be honest, I want to see what happens when/if the feds increase rates to see how SLV reacts before I make a decision. Could we possibly see silver touch 9$?
The second question is about the average AISC for silver miners. I imagine that it SHOULD be going lower because of the recent drop in Oil, right?. They should be able to hold out for a bit longer, so I believe that lower prices are here to stay, in the short-term at least. I 'm starting to believe that cost of production of Silver means a hill of beans though.
Buy your silver before it goes to $10 an oz, next week. Your will see it dropping every week now on EBAY now.
That's what they said last time and it took them 30 years to get back over $10 again
it took almost 35 years to get your money out of silver last time, I sure hope your young or you just might be dead, before you get your money back out of silver again
What happen smart dASS, don't like the FACTS 10 oz bar for 161.99 and dropping in PRICE
Right now buy it price 10 oz bar 171.99 for 1 or 50 10 oz bar for 161.99 ea
American Buffalo 10oz .999 Fine Silver Bar by SilverTowne
Limited Time - $0.99 per oz over spot
You are CLUELESS and going to LOOSE your dASS on SILVER
If it dropped to 10.I would take out a heloc loan,401k loan and sell all my stocks and buy physical.
EBAY looks like who can dump silver faster. NOT GOOD for SILVER going Higher
Looks like they are trying to dump it on Ebay Selling silver 99 cent over spot now. Get ready to go lower
Well since it is still worth 4 times more than paper was in 2000 I guess I will hold onto the worthless shinny stuff:)
Also if you think the glue that holds all this together is going to keep working you are sadly mistaken China girl!
So let me get this straight....
You buy silver because you think the price is low, then get mad at those keeping it low?
You have accumulated all the silver you can, now you want to sell, and now you are mad because prices aren't to your liking?
Just keep in mind...that any manipulation that is happening...is helping you so #$%$ and keep accumulating.
SLV is absolutely useless and it costs me money. I had to recoup those losses by playing Ultimate Stock Alerts (find them in Google)
150 million in the work force 90+ million not in the work force!240 million!
Take out 40 million and you have 200 million!
Now add in your 128 million but subtract 18-20 y/o and you have the figure I gave!
Figure it however you like but the truth is the truth!
Tried to warn my POOR sweet amateur gold/silver LOSERS that we remain in a longstanding Dow/Nasdaq SUPER BULL market, with only occasional minor dips of NO consequence, and a SUPER BULL that MUST sustain for the next 1.5 YEARS until wall street places its puppet, Hilary, into the prez office....and 95% of ALL USELESS golds/silvers will go under in the next several months, and that includes the USELESS royalty gold/silver companies and gold/silver ETFs, given that ALL these rotten golds/silvers FAILED completely as flight to safety during ALL recent financial turmoil and ALL recent international crises......WORTHLESS!!!
working 160 million, over 65 and under 20..128 million, add your 50 million, that is 338 million (more than the US population)...and I am assuming every mother works full time. Fun with numbers.
I liked Perot...no people skills though, that foible shot his chances...imo.
If trump used my bathroom I would take and inventory to see what he took.