Get in now when it is still low to test some luck?

To clarify: iShares Silver Trust
Not SLVEST

This post has been edited by HereToLearn: Jan 30 2021, 12:03 AM

Close eye buy? It is a reddit hype .

If play, must have the mentality that you are ready to lose the money, like how others played the GME hype

It think the only advantage SLV over GME is that its chart looks ok, and it hasnt fly as high as GME. The worst case is that if might drop to 13, which erases 50% of your money, but you can always keep silver as an inflationary hedge if you havent got any silver

This post has been edited by HereToLearn: Jan 30 2021, 10:42 AM

Try the US brokers such as IBKR, Etroro etc

Well, it says it is still a good value for medium to long term, which aligns with my views and objective. Might be good to buy some at pullback as an inflationary hedge with so much money printing around.

How I value silver with no fundamental metrics? GOLD TO SILVER ratio started at 40:1, now it is at 70:1. I am a retard, I dont know what I am doing.
I read somewhere that silver demand will rise because of the rise in solar panels and EVs too

Again, to emphasize only buy AS HEDGES. I am really a retard, and have 0 idea how to value any unproductive 'assets'.

EDIT: My TP is 70, else will be bagholding as an inflationary hedge

This post has been edited by HereToLearn: Jan 30 2021, 09:26 PM

Sister, I am not good at reading body language. I can only understand things at face value. I am 钢铁直男.

Share your views

This post has been edited by HereToLearn: Jan 30 2021, 09:52 PM

Yeah I saw I saw SD bullion and JP bullion running out of silver bars, but I saw the spread of physical silver in Malaysia. DAMN huge. So didnt go ahead to buy physical silver.

Anyway, SLV TO THE MOON. Raising TP to 200-210, at gold to silver production ratio of 9:1. I dont think it is due to the industrial demand from solar panels and EV batteries, but demand from WSB and people want to hold silver as an inflationary hedge.

So sister holding how much physical silver? Can treat nasi lemak?

This post has been edited by HereToLearn: Jan 31 2021, 11:41 PM

TBH, I am a retard, my SLV TP is solely based on emotion, and I dont know how is ETF issuance going to affect the SLV trust. Mind explaining more?

CFD have overnight fees. You can put leverage on it, and ride the wave to get big gains. But I dont like to use leverage, I no balls, a conservative investor.
GO sister, make malaysia great again. Milk them dry and bring the money back into MY.

I think you are right. If you are in SG, maybe can get some physical silver if the spread is not as huge as in MY. Again, I am a retard, please do your own DD.

People are buying silver, they are jacking up silver ETF indirectly IF I AM RIGHT I DONT KNOW WHAT I AM DOING, I am just here riding the wave. Bought silver ETF cause it is easier and more worth it for me to sell later than physical silver. The spread of physical silver is too damn big in MY.

It still tracks the silver price right? As long as worldwide people keep buying silver, SLV will continue to up?

Have you realized that most of the silvers are now out of stock?

U buying?

I have a lot to learn from you guys here. All pros