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Old 08-10-2020, 11:48 PM   #3801
snowie963
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Re: Silver

If I have less risk in a stock I will be guessing that top is much higher than I would in an overextended option that expires in 4 days

I don’t understand people giving him a hard time for selling as if it’s guaranteed silver hits $35 before going back to $22 for a few weeks or months
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Old 08-11-2020, 12:11 AM   #3802
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Re: Silver

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Originally Posted by jfound View Post
thanks i appreciate the support for silver, lets keep the bull going
i think silver is gonna get to 37-41 by end of year.
i added some physical silver today at 44$ an oz Canadian.
If not too personal , where u bought your physical silver ?
banks ? Mint ?

I might buy some but the physical I’m totally clueless .
Thx

Ps: Hopefully, something that would be possible to trade easily , so no bars , thx
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Old 08-11-2020, 12:42 AM   #3803
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Re: Silver

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Originally Posted by Montrealcorp View Post
If not too personal , where u bought your physical silver ?
banks ? Mint ?

I might buy some but the physical Iím totally clueless .
Thx

Ps: Hopefully, something that would be possible to trade easily , so no bars , thx
Having collected coins for quite a few years, I would say find a good, reputable dealer near you and see what they can do for you. Some are much better than others to deal with and will call you if they happen to get what you want in...That said, they also tend to hoard some of the good stuff for themselves, so good luck there. When silver was $15/oz, they were selling coins at $20/oz and could not keep it in stock. I haven't checked in with my guys recently, but I assume they are still out of stock on ANYTHING that you might want (dimes, quarters, halves, dollars), and are still charging steep premiums: https://www.apmex.com/product/23331/...bu-random-year Even 1oz bullions rounds are over $30/oz....
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Old 08-11-2020, 01:08 AM   #3804
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Re: Silver

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Originally Posted by Montrealcorp View Post
If not too personal , where u bought your physical silver ?
banks ? Mint ?

I might buy some but the physical Iím totally clueless .
Thx

Ps: Hopefully, something that would be possible to trade easily , so no bars , thx
I buy at a vbce.ca in canada
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Old 08-11-2020, 05:27 AM   #3805
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Re: Silver

Thx both of you !
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Old 08-11-2020, 08:41 AM   #3806
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Re: Silver

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Originally Posted by mrbaseball View Post
It's still above Wednesday close. These things tend to fluctuate Actually a little pullback is more healthy than just up up up.
And this is true. But there is something special about the precious metals. You are ignoring a great deal of history to just lump them in with other commodities.

They have been money for much of recorded history. And while it is clearly speculative, there is a good fundamental argument for them returning to that role.

In this case there is also a strong argument that the fiat experiment has fundamentally mispriced these ďcommodities.Ē

And rehypothecation, and other surprising schemes like GLD are quite real...
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Old 08-11-2020, 08:43 AM   #3807
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Re: Silver

In fact, replacing them as money by definition zapped some of their utility. So if they were to return...there should theoretically be a transferrence of value...
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Old 08-11-2020, 09:29 AM   #3808
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Re: Silver

Looks like SLV went down ~7% in premarket this morning. This seems non-ideal.
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Old 08-11-2020, 10:26 AM   #3809
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Re: Silver

It’s okay I’m in it 4 da long run
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Old 08-11-2020, 10:27 AM   #3810
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Re: Silver

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Good news for silver fans. I sold my entire silver position today. Should rocket to $50 very soon now.
Good sale!
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Old 08-11-2020, 10:31 AM   #3811
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Re: Silver

Buy silver on hyperinflation thesis
Inflation ticks up slightly
Silver crashes 7%
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Old 08-11-2020, 10:34 AM   #3812
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Re: Silver

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Good sale!
Short term variance ah, only good if he re enters
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Old 08-11-2020, 10:41 AM   #3813
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Re: Silver

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Originally Posted by ToothSayer View Post
Buy silver on hyperinflation thesis
Inflation ticks up slightly
Silver crashes 7%
Inflation slowly? Have u check food prices, ainít slowly where Iím from
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Old 08-11-2020, 10:47 AM   #3814
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Re: Silver

I mean official measures, which came out today and sparked this dumping. Some prices are up due to supply chain disruptions, not real inflation.
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Old 08-11-2020, 10:56 AM   #3815
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Re: Silver

Lol @ believing their stats. No manipulation though
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Old 08-11-2020, 10:59 AM   #3816
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Re: Silver

Lol you're a moron. Nobody has to 'believe' stats, you can just check prices yourself.
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Old 08-11-2020, 11:03 AM   #3817
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Re: Silver

Lol so I’m a moron for not trusting their stats, I go grocery shopping and there isn’t a little inflation like the numbers says. Keep sheeping
There is a lot of inflation due to money printing like no tomorrow, supply chain disruption too.
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Old 08-11-2020, 11:09 AM   #3818
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Re: Silver

Did you faithfully record before and after prices for a basket of goods, and calculate a percentage difference? Just to be clear: it's your claim that they're lying about the prices in an easily checkable/verifiable prices of a basket of goods?
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Old 08-11-2020, 11:23 AM   #3819
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Re: Silver

My family runs a grocery business and I know the prices first hand. Dad keeps saying prices keep increasing. You believe what u want and I’ll believe what I want. You do u, I’ll do me
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Old 08-11-2020, 11:33 AM   #3820
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Re: Silver

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Originally Posted by jfound View Post
My family runs a grocery business and I know the prices first hand. Dad keeps saying prices keep increasing. You believe what u want and I’ll believe what I want. You do u, I’ll do me
Except this is an objectively verifiable thing. It's not a question of "believing" or opinion. We can measure this easily, and lots of groups do, from the government to private institutions.

Your dad saying "prices keep increasing" isn't a quantified statement. "Prices keep increasing" is exactly consistent with the inflation numbers we say today.

Did they increase 1% for your family? 5%? In meat or across a broad range? Is their little neck of the woods (delivery bottlenecks?) indicative of broader USA?
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Old 08-11-2020, 11:42 AM   #3821
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Re: Silver

Let just say it increased more than the government is reporting. Does the government ever give u accurate numbers. Like employment and other stats. I don’t think so, so I take their numbers with some cautions.
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Old 08-11-2020, 11:44 AM   #3822
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Re: Silver

Doesn't the government admit that they no longer track commodities in their CPI because they too short term volatile?
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Old 08-11-2020, 01:23 PM   #3823
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Re: Silver

Will we see any support at 24? 9% drop today. I've got to dump it all back in, right?
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Old 08-11-2020, 02:00 PM   #3824
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Re: Silver

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Will we see any support at 24? 9% drop today. I've got to dump it all back in, right?
It would appear not. So my options have lost about 65% of their value in a couple hours. Good stuff.
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Old 08-11-2020, 02:01 PM   #3825
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Re: Silver

Free falling today on them data’s but it’s okay. I’m just a stacker till it’s at least 200 per oz
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