Play the silver game

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#1 Sun, Mar 22, 2020 - 3:36pm
silverwood
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Kilauea, HI
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Play the silver game

It is my contention that silver is being completely mispriced and there is going to be a incredible opportunity in silver. We are in a crisis and markets are swinging wildly. During the last crisis silver had a washout in October 2008(see chart) and now with hindsight it was an incredible bargain buying opportunity. IMO, we are going to get another opportunity to buy silver stupid cheap!!! Now going to your favorite coin deal you will mostly like find that as the price of silver is falling they are raising their premiums because they are in business to make profits. I have been a stacker for decades so I have a decent stack and I know all about “if you don’t hold it you don’t own it” mantra. As much as I am an honest money advocate the reality is we are stuck with the paper money scheme, but hey the coin dealers are happy to take it for silver and gold! So here is my game plan I will wait patiently for a spike down in silver. I will hold my nose and buy the SLV cost averaging down trying my best to catch the lows. Once I have my position I will then ride out SLV and wait for the smoke to clear which may take a couple years. I will be looking then to take profits selling into a rising silver market exuberance and with those fiat dollars go shopping at my favorite coin dealer.

https://stockcharts.com/h-sc/ui?s=%24silver&p=M&yr=14&mn=10&dy=0&id=p254...

Tue, Apr 28, 2020 - 10:51pm
AngryCitizen
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What about waiting as you suggest,

For a big dip and get a comex 1000 oz bar for spot? Take delivery on it and hold for the “rise. “

Seems like a good idea IF one can pull it off, no?

Frodo: "I wish it need not have happened in my time," Gandalf: "So do I. And so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given to us."

Thu, Apr 30, 2020 - 8:53am
b72s
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ALERT SILVER RAID AT 8:50am EST

iN ON CALLS SILVER RAIDED THIS AM AT 50DMA

Thu, Apr 30, 2020 - 12:41pm
HappyNow
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Sliverwood, what you say

Sliverwood, what you say makes sense. How long can you wait for prices to rise past....say...$50 US?

Swing trade indexed ETFs. Long physical gold, silver, and 1 miner.
Fri, May 1, 2020 - 4:50am
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What Silverwood is saying.

What Silverwood is saying. Yesterday I was saying that I expect a dump on precious metals, as expiry approaches, principally at the next three end of quarters, primarily June (silver contract is offset from gold at half year.

This confirmed (hypothetically since it's beforehand) by gold, bonds and banks appearing to be set up for a strong event mainly in mid to late June.

argentus maximus

Rhythm and Price http://www.greenhobbymodel.com/rhythmnprice.html

This analyst - global markets