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price of silver down today
This is a good company, well managed and with good resource potential. Have to keep strong... hard though it is. Calm waters will come
At the very least there should be massive buying support at 1p. It’s nerve wrecking but we’ve been here before at miniature scale: first the drop from .46 p to .32p and then from .91p to .58p. It takes discipline to buy when SP is in free fall but if recent history teaches us anything, it’s probably the best choice.
At the moment it looks like it's heading down to test the 30 day MA of 1.17, then we will see what's what. If we bouce up off that then I may well be back in myself
Lol, Rees
I tried borrowing from my bank. Got a polite f@ck off.
Anyone willing to loan me about 10k?
If you want I'll secure it on my backyard tree.
Cant belive I don't have funds to buy at these ridiculously low levels
I think the best thing to do is to switch off until after the election next week.
Its going to be all over the place until then at least
I was just reading a Biden win hasn't been factored in to the gold price and would boost it. Fingers crossed that Tuesday morning gold rises sharply.
Trumpy,
agree US dollar is unsafe relative to gold. Compared to other currencies though, it’s the only play.
I think USD is totally unsafe currently, Biden much better for the planet but not so good for USD. Brexit lockdown, Johnson, Corona gonna be bad for GBP surely! No currency is safe. Surely Gold and Silver got to be best place to keep money. Hopefully will see massive increase in gold and silver prices!
Down 20% would be better, I can then really load up again big time. Nothing has changed, stuff in the ground is still there, company top brass still committed can't see what all the fuss is unless it's ppl who bought in on spikes, now is the time to buy, buy big on drops and sell on the spikes. Enjoy your day folks.
When there is fear , everything is sold to get into the most liquid and safe currency .ie the dollar. Same thing happened in the last . Gold got trounced but bounced back pretty quick. Expect the same again.
I'm probably jinxing it now, but I think there were lots of positives in the SP performance yesterday, specifically that it tested 1.5 on a couple of occasions but bounced back up, suggesting we have some resistance here. Having said that I can't see much happening today and I think we're likely to stay flat or lose another couple of percent by day end. Bring on the assay results.
Is this drop because of election or fear of world wide lockdown? Also how come yesterday gold dropped? In an unstable world shouldn't gold be doing well?
If ftse goes dwn like yesterday down 3 percent everyone in market is scared that will mean stimulus package talk then siliver boom. Wait even if ufo goes to 1. All because of election once finshed then money printing. Calm is way
A 10% red day would put my loss traight onto the - 50% mark.
I have no intention on that happening. The fact that we didn't get slaughtered during yesterday's bloody day means that we should only go up from these levels.
With the prospect of the results on Friday or Monday, you would hope there would be some speculation.
I’d take that.
Another-10% today?