I have been waiting for the dip in silver, have you?
Just as usual, the dollar price in silver is under pressure. I have been waiting for this and decided to start doing some weekly buys. This will keep my powder dry in case there is a big quick dip under 20 dollars per ounce. I am watching gold right now too. If gold breaks $1800 per ounce to the downside then the miners will start to be in my buy range too.
Looking to back up the truck very soon!
source
If this downturn keeps up I will have to back up the truck and trade more Fiat into real money. I'm sick of seeing my buying power being eroded by the money changers!
I have a good suggestion for a Saturday morning read. It's about how a gold standard could work. It is old but makes a lot of sense even today.
https://www.zerohedge.com/personal-finance/there-path-back-gold-standard
Most people just don't get it, this would take away the power of the Governments and give it back to us the people. This Ponzi scheme driven by traiters and criminals can't go on forever.
I hope you are all having a great weekend and keep on stacking!
Thank you for reading my blog and have a great day!
But not for me... directly that it is... for a Client.
Backing...
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There’s no way they will let that happen, it would destroy them. But I’m with you, under $20 silver, under $1750 gold I’m buying.
So true, that's also why crypto will have a hard time.
Yes, lets grab all that cheep stuff if it comes down!
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Exactly why. I’ve been waiting for sub $20 silver. But I don’t think it will be down for very long.
While the prices are down, are the premiums going down? I tend to just go towards silver mining stocks instead because of it.
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Bars are on sale these days.
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😃🪙😃🪙😃
Nice!
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I bought some silver earlier. If it dips I buy some more !
"Ahh'm bidin' loch a caged moggie fur th' next Buy Cycle." 😬 -Keptin
That is the plan, the next buy cycle is upon us now!
https://leofinance.io/threads/@tbnfl4sun/re-leothreads-3znufy
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Cool!
Same! I’m saving up my dollar cost buy money for a big buy on further dip. Cheers friend
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Do the Premiums go up when the Price comes down...???