i find it excellent that they are going to issue warnings ... my god, hedge your position and after the hike release it again - extra profits, where's the problem?
So I went to my usual coin shop today and bought the last 10 oz (5oz coin and 5 buffalos) of Ag he had in the store. Then I went to another coin store in a different city and he told me it had been an absolute frenzy today and he had nothing left. When I was there, a guy and his wife walked in and wanted to buy $40k worth of silver. The dealer could only come up with $4k worth of silver for him. When it came my turn, I got 7 phillies, 1 maple, and 6 PanAm rounds, plus 10 morgans, and he was cleaned out. He told me his wholesaler has been closing early everyday, because he runs out of silver everyday. So that was it, two different shops and 24 oz. .999 + 10 morgans. I hate when I have to leave a coin shop with fiat still left in my pocket.
So, they can manipulate the price down all they want, what good does it do when you can't get any?
question. my wife has a CC with 0 bal, 10,000 credit line....should i go balls to the wall and max it out with silver/gold purchase?..just floating the idea. we already have 600oz silver +another 400oz silver in ira...plus over 30oz gold...
traders switching from gold to silver here, silver is struggling to break through 42.6 resistance, I doubt it will close above, what happens if it does close about 42.6?
Gold chart looks like its going to get smoked
ReplyDeletei find it excellent that they are going to issue warnings ... my god, hedge your position and after the hike release it again - extra profits, where's the problem?
ReplyDeleteSo I went to my usual coin shop today and bought the last 10 oz (5oz coin and 5 buffalos) of Ag he had in the store. Then I went to another coin store in a different city and he told me it had been an absolute frenzy today and he had nothing left. When I was there, a guy and his wife walked in and wanted to buy $40k worth of silver. The dealer could only come up with $4k worth of silver for him. When it came my turn, I got 7 phillies, 1 maple, and 6 PanAm rounds, plus 10 morgans, and he was cleaned out. He told me his wholesaler has been closing early everyday, because he runs out of silver everyday. So that was it, two different shops and 24 oz. .999 + 10 morgans. I hate when I have to leave a coin shop with fiat still left in my pocket.
ReplyDeleteSo, they can manipulate the price down all they want, what good does it do when you can't get any?
question. my wife has a CC with 0 bal, 10,000 credit line....should i go balls to the wall and max it out with silver/gold purchase?..just floating the idea.
ReplyDeletewe already have 600oz silver +another 400oz silver in ira...plus over 30oz gold...
traders switching from gold to silver here, silver is struggling to break through 42.6 resistance, I doubt it will close above, what happens if it does close about 42.6?
ReplyDeleteI mean what happens if it does close above 42.6?
ReplyDeletewhat trading account do you have now sgs?
ReplyDelete