Investing Thread (Stocks, Crypto, Real Estate, Whatever)

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C-Mag
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by C-Mag »

I'm going to buy at $20
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DBTrek
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by DBTrek »

C-Mag wrote: Tue Feb 02, 2021 11:56 am I'm going to buy at $20
Think we'll see $20 this year?
I keep hearing $24-$30 ... but I don't know jack about silver really.
"Hey varmints, don't mess with a guy that's riding a buffalo"
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C-Mag
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by C-Mag »

DBTrek wrote: Tue Feb 02, 2021 12:15 pm
C-Mag wrote: Tue Feb 02, 2021 11:56 am I'm going to buy at $20
Think we'll see $20 this year?
I keep hearing $24-$30 ... but I don't know jack about silver really.
Probably not. Hell, may never see it again. But I've watched the Silver market for 15 years. I think the new bottom is $20, with prices fluctuating of to $25 typically.

But, it might be $25. We discussed how Spring 21 feels like Fall 08. We get that bust. Who knows.
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DBTrek
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by DBTrek »

C-Mag wrote: Tue Feb 02, 2021 1:36 pm
DBTrek wrote: Tue Feb 02, 2021 12:15 pm
C-Mag wrote: Tue Feb 02, 2021 11:56 am I'm going to buy at $20
Think we'll see $20 this year?
I keep hearing $24-$30 ... but I don't know jack about silver really.
Probably not. Hell, may never see it again. But I've watched the Silver market for 15 years. I think the new bottom is $20, with prices fluctuating of to $25 typically.

But, it might be $25. We discussed how Spring 21 feels like Fall 08. We get that bust. Who knows.
Here is what experience has taught me:
If I buy silver at $24-$25 - it's definitely dropping to $20/oz, maybe $18/oz.
If I wait to buy silver at $20 - it's going to $30/oz and never looking back.
:evil:
"Hey varmints, don't mess with a guy that's riding a buffalo"
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SuburbanFarmer
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by SuburbanFarmer »

DBTrek wrote: Tue Feb 02, 2021 1:42 pm
C-Mag wrote: Tue Feb 02, 2021 1:36 pm
DBTrek wrote: Tue Feb 02, 2021 12:15 pm

Think we'll see $20 this year?
I keep hearing $24-$30 ... but I don't know jack about silver really.
Probably not. Hell, may never see it again. But I've watched the Silver market for 15 years. I think the new bottom is $20, with prices fluctuating of to $25 typically.

But, it might be $25. We discussed how Spring 21 feels like Fall 08. We get that bust. Who knows.
Here is what experience has taught me:
If I buy silver at $24-$25 - it's definitely dropping to $20/oz, maybe $18/oz.
If I wait to buy silver at $20 - it's going to $30/oz and never looking back.
:evil:
This is the way.

But seriously, if it sees $20 again, I’m all in.
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C-Mag
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by C-Mag »

SF, you wouldn't be alone, and that in part might be a reason it rarely sees 20
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SuburbanFarmer
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by SuburbanFarmer »

Man, the charts today for AMC/GME are pretty telling. That was a full-on assault from the hedgies.

Couldn’t have anything to do with the short positions being reported today at 6pm, could it?
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C-Mag
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by C-Mag »

When I look at stocks, where do I find the % short
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

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Damn, GME down to $90
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by C-Mag »

Biden put a tariff on Aluminum today
https://dailycaller.com/2021/02/02/bide ... -emirates/

Looks like the price has room to grow
https://markets.businessinsider.com/com ... inum-price
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