Possible Upcoming Dip?
I have no clue what the price of gold and silver will actually do. Based on the recent price reversal for silver especially, we may be looking at another dip coming. It seems the $60 price range is being tested, and it's anybody's guess if it'll hold.
(Source: Kitco)
If the price does dip, I don't think it'll be a significant crash but it may take some people by surprise. I still think silver hasn't reached its peak yet. It's always a good idea to have some "dry powder" handy in case the fake paper price plummets.
I know for me, I'm planning on picking up some vintage rounds if the price drops. I have my eye on two pieces in particular.
1981 Hoffman & Hoffman Unicorn 1oz Round
(Source)
This one just has a cool look to it with the simplistic unicorn design on the front and minimalist design on the back.
Swiss of America 1oz Rolo Round
(Source)
This round doesn't look like much in a flat image. It's ony 24mm in diameter compared to an average diamater of about 38mm for 1oz rounds, which means this round is thick.
(Source)
Those are at the top of the list for now. What's on your list of silver or gold you want to buy?
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Interesting trading pattern today. Supply is short, the silver squeeze is real. Is 65 the new floor?
Looking at weekly candles, can't help but feel like another huge step up is inevitable.
Might be a good time to get some Silver coins.
Yeah, it's hard to say. I'm not in any hurry, so I'll probably wait to see where we close for the week.
!BBH
!PIZZA
!ALIVE
Seeing that $60 silver wall crumbling feels like the market’s trying to pull a fast one on the “steady‑as‑she‑goes” crowd — my spreadsheet’s already flagging a dip and I’m already scouting vintage rounds at the Local Coin Co. in Tualatin. As an accountant fresh on Hive, I appreciate the dry‑powder advice; I’ve got a few rupee‑sized piles set aside for when the paper price does a nosedive. Those Hoffman unicorns look slick, but that Swiss rolo’s thickness screams “real value” louder than any flashy promo. Some folks act like a dip equals an apocalypse, but honestly it’s just another chance to bulk up the stack. 🚀💰
Honestly, I'm good whether it goes up or down. Down just means cheaper buys. Up means I can eventually swap some of my silver into gold once the ratio goes higher.
!BBH
!PIZZA
!ALIVE
I'd bet money that it will either go up or down... :)
And you'd be correct! !LOL
!BBH
!PIZZA
!ALIVE