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26
Understanding The Price
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I just wanted to write something about the price.

I've been watching the price daily for 5 years.

Up or down 1.5% is basically nothing in silver, it's just the day to day noise.

2% isn't anything abnormal.

3% Good move but we see it around every 2 weeks.

4-5% Good moves seen around every month to 2 months.

6% Big move.

What we really like to see is multiple days in a row of up above 2%.

I see a lot either getting worried about what's small down moves in silver, or getting over excited by what's average movements. This isn't like buying the S&P we're much more volatile up and down.

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Posted
3 years ago