Liberal Forum

Anyone want to do their duty in stacking silver coins?     

I have SLV calls waiting to print...      

 

LowIQTrash » 29 Sep 2024, 12:20 am » wrote: ↑

29 Sep 2024, 12:20 am

Anyone want to do their duty in stacking silver coins?     

I have SLV calls waiting to print...    

Nice! Hope that helps you get to your yearly goal.

I have lots of sliver. Silver bars mostly. Been buy it for a lot of years.

Who buys silver I mean where does one sell silver if they want to unload it?

BuckNaked » 29 Sep 2024, 12:56 pm » wrote: ↑

29 Sep 2024, 12:56 pm

Who buys silver I mean where does one sell silver if they want to unload it?

You sell it back to the broker for a loss unless you sit on it long enough for the spot price to go up 20%.

Then you break even.

If you have a hoard from $5/oz. Prices,  you have made a little money.

A few months ago Kitco was paying 70 cents for a troy gram.
 

Fuelman » 29 Sep 2024, 1:56 pm » wrote: ↑

29 Sep 2024, 1:56 pm

You sell it back to the broker for a loss unless you sit on it long enough for the spot price to go up 20%.

Then you break even.

If you have a hoard from $5/oz. Prices,  you have made a little money.

A few months ago Kitco was paying 70 cents for a troy gram.

I’ll stick with the stock market 

Fuelman » 29 Sep 2024, 1:56 pm » wrote: ↑

29 Sep 2024, 1:56 pm

You sell it back to the broker for a loss unless you sit on it long enough for the spot price to go up 20%.

Then you break even.

If you have a hoard from $5/oz. Prices,  you have made a little money.

A few months ago Kitco was paying 70 cents for a troy gram.

Shh! Don't tell them...I need paper silver to print... and that means people need to demand the real thing

 

LowIQTrash » 29 Sep 2024, 8:04 pm » wrote: ↑

29 Sep 2024, 8:04 pm

Shh! Don't tell them...I need paper silver to print... and that means people need to demand the real thing

There is significant resistance at the $32/oz. Price for silver.
 

Fuelman » 30 Sep 2024, 9:15 am » wrote: ↑

30 Sep 2024, 9:15 am

There is significant resistance at the $32/oz. Price for silver.

There’s an old saying in technical analysis: “3 rejections, 4th is a break.”

That 32 wall will get destroyed soon. 

Fuelman » 29 Sep 2024, 10:11 am » wrote: ↑

29 Sep 2024, 10:11 am

Nice! Hope that helps you get to your yearly goal.

1 yr later…Silver finally hits $40

POS took forever. Next time I’m just buying calls on Palantir