Posted on 01/31/2021 2:50:03 PM PST by Presbyterian Reporter
Well if it gets to $1000 your interest will turn to euphoria.
Sorry to break it to you, but that's definitely a fake. The real ones say "BCE".
It was the weirdest thing I've ever seen. The floor dropped out of the market, and you couldn't actually buy silver anywhere. When it hit $15, that was one of my buy points and I got a couple of rolls on order before the sites were killed.
Those were weird times.
Looks like it has settled in around $29/oz. We'll see what the day and next week bring.
“I said the open would show a pop, serious traders/producers would watch it run for a bit, size it up and then start selling into it, causing the pop to fade out. That is happening as expected. Hit a high of $29.25 and just traded at 28.20 and heading down.”
American silver eagles up over 8% since Friday. If you can buy them.
So you are going to day trade American eagles? If not, one day means little. Does 8% even cover the bid-ask spread on those?
“So you are going to day trade American eagles? If not, one day means little. Does 8% even cover the bid-ask spread on those?”
Nope. Bought my eagles and 90% junk silver years ago. I have day traded SLV dozens (maybe hundreds) of times. I’m a lousy investor but have made good $$ on SLV.
“””Lumber is 4X higher than 10 years ago.
Just paid $34 for a half sheet of 3/4” plywood.”””
So true. I am building some cabinets and 3/4” birch plywood is $52 for a 4’ by 8’ sheet.
SLV hit 29.73 last night and now 27.33, a drop of 9%. Someone got too excited.
So did i - i sold last week. Told you i was a lousy investor!
Silver.
PedoJoe will take the little girls
missed it by 24 hours.....silver slammed overnight Monday, not Sunday
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