So What’s Up With Silver? oh yeah.. and Have A Great Weekend!

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What’s Up With Silver?

I am getting ready for the weekend and wanted to just get the weekend going. It’s frustrating because I wanted to make a purchase from JM Bullion and these fluctuating silver prices, or rather nosediving silver prices, are making me wait. I don’t want to rush my purchase and bye hi. I think the sale prices are great, but the bottom could still fall out a bit more. But how low? That’s the question.

I stacked a few things into my cart and I think I’ll let them sit there while this silver market flutters a bit more. I don’t know what’s going on, but I feel like just sitting it out for a minute and maybe doubling my investment once I think it’s nearing the end of this Bearish run.

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What are you other stackers out there thinking?

Are you buying right now or are you waiting a bit longer to make some additional stacking purchases? Either way that’s fine whatever happens happens. I look at it as dollar cost averaging anyhow.

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What are you up to this weekend?

We have my parents coming down to visit and then a few odds and ends of things planned. Should be a fun relaxing weekend. I’m sure I’ll consume some sort of beer, Molly will be chilling out on the couch, and I’ll be watching those silver prices. Ha ha ha. Well whatever you decide to do this weekend enjoy it.

When you figure out what’s going on with silver, let me know! Stay safe!

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It’s all dollar cost average. If you buy on all the dips it all works out. If you sit and wait for the bottom you miss out to much.

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I hear ya. I'm no bottom feeder.. lol
Can't wait till the fiat builds again allowing for another sizable purchase.

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"Hoo lang? That is th' question...best tae follaw th' Cycles mucker, nae body knows but th' lines oan th' chart!" 😉 -Keptin

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The Powers That Be have control of the silver market and can put it where they want it to be. It is to discourage the average thinking person(s) not to get into Silver and to a slightly lesser extent gold, as flight to financial safety. While everything else is inflating to the moon.

"Oh, look the value of Cat Food and Kitchen Sinks are up another 1.5 points!"
Note: did not mention Doggie treats as it may disturb Molly.

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hahahaha.. Poor Molly taking the brunt of inflation ☹️ Well it is a good thing I saved enough silver and gold to buy doggie treats until our demise. 😆

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(Edited)

"Spot oan Lassie! An' probably wa sae mony yoonger fowk shun th' metals. 'Spikin o' yoonger fowk, fa got ye intae silvers lass???" 🤔 -Keptin
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"Sam question fur yer wee sister...?"

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Just buy the dips throughout the year!
You will average out okay.

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And BUY I will 🤑

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Yes... you'll see... in the long run,
and sometimes, your way ahead, hehehe 😝😜
This is just from one vendor:
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Well, I am buying a little this weekend. My situation may be different because I buy at a local coin store and only buy one ounce at a time. So my plan is to buy Saturday and again on Wednesday. As to how low? Two things strike me and these are just thoughts. First, it looks to me that the market is retracing the low of the flash crash in March of 2020. Second, a FALL rally is rather rare and extraordinary.

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First, it looks to me that the market is retracing the low of the flash crash in March of 2020. Second, a FALL rally is rather rare and extraordinary.

I agree totally with this. I have been watching and comparing and reading and etc... Instead of dumping a bunch of money all at once on silver, I'll make smaller purchases at each dip. If the big one hits, I have asome cash ready for that too!

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I was camping this weekend. It was pretty great! Perfect weather and I got to watch some college football!
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Nice! How was the whiskey? Did your friends enjoy the share?
I caught a bunch of ncaa action this weekend too. There were a few good games, but the best are yet to come. In a few weeks I see some potential hot matchups.

Got to love camping.. jeans, sweatshirt, and then flip-flops! haha. That's how I roll too 😆

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Yeah, it was a beautiful weekend. The weather was just about perfect. A crisp chill during the day and cool enough at night that you crowded the fire. We actually had a fire going all day just to the left of me in this picture. The whiskey was great. My buddy has a new favorite I think. I was really hoping that Purdue game was going to go a different way. I didn't watch it, but I heard the Penn State game was awesome.

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Auburn had Penn State on the run. Their defense couldn't seem to stop the running game and likewise, Penn States offensive coach kept calling the same plays that were not working. But was a decent game to watch. Yeah, I was hoping Perdue could pull a win off. It would have been good retribution for ND not allowing them to bring their big drum inside the stadium. hehe.

Glad to hear the weekend was a nice one. Tending fire, watching the games, sipping whiskey or drinking beer.. sounds PERFECT.

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Love the silver and white doggy on the bed.

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awwwww... Thank you! That's Molly. She is our 7 lb 13.5 year old Shih Tzu. We LOVE her. 😊

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I don;t know a thing about silver, other than it's a pain to keep silvery, but I sure want to smoosh my nose into that silvery fur of Molly's. She is a smoosher for sure.

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She does NOT want for kisses, that's for certain. So, I hear ya! I don't know a ton about silver either, except that it's part of my investment strategy and great to stack incase of dollar collapse or high inflation.

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I hope you enjoyed the weekend with your parents.

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We did, sorry to have missed this comment 😌. It was some beautiful weather 😊

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