A part of me wonders if there will be a correction... like they did with platinum a few years back. IIRC it was pushing $2k+ /oz then it got knocked back to like $800.
200 day moving average puts Ag around $40 and Au around $3k.
So... out of all your friends you told to stack at least SOME back when it was sitting at $17 seemingly forever... How many heeded your advice?
Only ONE out of many for me.
He had a bad divorce, sold his house and didn't trust putting it into the bank (because he listens to in-flu-encers like Nino) and wound up sinking it ALL into Ag.... He's thrilled right now!
Six of us out of a hundred stacked,but their was a guy at work who would just bring it in and sell. I had a lot of cash from overtime,and I basically like to spend and keep my money.
I had one friend who bought silver and gold,but he needed the money for a house,and sold at about 27,about dead even for him.
Now pushing 80
https://old.reddit.com/r/Wallstreetsilver/comments/1pvh573/shanghai_touched_80_for_christmas/
A part of me wonders if there will be a correction... like they did with platinum a few years back. IIRC it was pushing $2k+ /oz then it got knocked back to like $800.
200 day moving average puts Ag around $40 and Au around $3k.
It's always a concern,but i don't belive they have the metal to do it now.
Comex is at historic low and the LBMA is out of silver.
So... out of all your friends you told to stack at least SOME back when it was sitting at $17 seemingly forever... How many heeded your advice?
Only ONE out of many for me.
He had a bad divorce, sold his house and didn't trust putting it into the bank (because he listens to in-flu-encers like Nino) and wound up sinking it ALL into Ag.... He's thrilled right now!
Six of us out of a hundred stacked,but their was a guy at work who would just bring it in and sell. I had a lot of cash from overtime,and I basically like to spend and keep my money.
I had one friend who bought silver and gold,but he needed the money for a house,and sold at about 27,about dead even for him.