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Official ODT Silver Thread
- Thread starter roscoe1911
- Start date
At 1:45pm JM Bullion is quoting $36.95 and they are buying 90% US silver at $22.91 which is a bit lower than what they were paying when the quote was a dollar cheaper. The margin will continue to spread. They are selling at $31.98. That is a heck of a spread.
Just keep stacking, the bull market is just getting started with the breakout past 36-37 per.
The dollar is getting weaker and more countries are dumping more and more of their US treasury bonds
If that 32+ trillion in foreign held bonds is dumped with quickness, silver will breakout past 50 per, maybe 60 being the cap and it will happen faster than you think
My 2 cents prob worth a penny
The dollar is getting weaker and more countries are dumping more and more of their US treasury bonds
If that 32+ trillion in foreign held bonds is dumped with quickness, silver will breakout past 50 per, maybe 60 being the cap and it will happen faster than you think
My 2 cents prob worth a penny
Up 12% in a week
Will it hold is the real question?! I don't think its wise to get to excited yet. I'd like to see it hold 36+ for at least 60-90 days…Bullish, yes, foolish, no.
I have an admission to make.
Up to this point I've purely been a weight guy when it comes to silver. My preferred is 10oz generic bars followed by whatever the cheapest 1oz rounds are at the time.
But saw this last night and caved to my better judgement.
And I ordered the 2oz variety. They also come in 1oz and 5oz.
They stack together in that one side is concave and the other side is convex. Kinda cool.
Got 'em from SD Bullion.
S-L-O-W shipping from SD!
Just received the coins yesterday. They are stunning.
And I don't know what's going on with my luck - usually I buy silver and the price drops...
I hear the stuff is great for making SADS.
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