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S W
Member since May 2012
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Deutsche Fuels Silver, Report 2 October, 2016 - Keith Weiner - Monetary Metals

I am fairly certain that when the fundamentals change, KW will say "now is a good time to buy"
There is nothing stopping you from buying Now if you feel inclined and it looks like that you would be buying in $AUD ? So you have to take that into account.
From my perspective silver looks like the breakout from June 2009 and I sold all my silver right at the very top !!

Will that happen again..i've got no idea.
You have to question yourself why are wanting to buy it.
Do you want to sell later for more $$$ ?
Or do you want to retain as a source of real money?
If the latter is the case I reckon gold is the safer option.

Commented 2907 days ago

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Beginning of the headline :Last week, it was the Fed’s magic boosting up the price of silver. This week, the slow slide in the silver price resumed, going all week except during peak fear about the woes of Deutsche Bank. When it looked bleakest—and the potential size of the capital-eating fines was highest—there was a wicked little rally in the metals, spiking silver up from below $19.10 to $19.70 in a few hours. However, the price reversed just as fast, on news of a settlement with the US Department of Justice. Folks, wh... Read More

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