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sub £11 then what


craig12

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Great question

 

When something you want to stack drops in price, do you keep on buying..

 

Hmm it's tough

 

You want more, but the price is lower..  more affordable hmm

 

What do you do what do you do..

 

Too much of a head scratcher for me! will leave this one to the boffins. 

Help thread for members new to silver/gold stacking/collecting

The Money Printing Myth the Fed can't and don't money print - Deflation ahead, not inflation 

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Great question

 

When something you want to stack drops in price, do you keep on buying..

 

Hmm it's tough

 

You want more, but the price is lower..  more affordable hmm

 

What do you do what do you do..

 

Too much of a head scratcher for me! will leave this one to the boffins. 

yep if it goes to zero i'm buying £100 worth ;)

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The Banks target is $15, that will clear most of  there short contracts.  The problem is, (me and one other I know of on this forum think) that at $15 is difficult for them to achieve because of its industrial value,plus the Dollar has been devalued meaning that at $15 most of the mines will be moth balled or closed save for the copper mines that supply silver as a side line.

 

 Even then the copper Mines held back the Silver last time the price hit $9.  Since 2009 the price of oil has gone through the roof from about $45 a barrel, the Dollar has been devalued.

 

 Plus it is difficult for the banks to push the price that low unless they can convince enough traders to push the price down as its been the banks that have been the' market makers' so if there is no one to trade with they cannot get the price down either.  This is why we see the price bounce straight back up again because the market is weak.

 

On the other side there has been concerns with the new silver fix, read into this what you want.    

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You buy EVERY week, that way you will have bought at the height and at the lowest, it averages out in the end, otherwise you would waste your money on dirty women and beer,

If your buying every week then your paying alot of delivery charges. I prefer to save up a while then try to judge a dip and purchase.

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