unknownn
BANNED
- Dec 7, 2008
- 827
- 612
Hi guys its a great time to make money with silver.Have a look it went down fro 50$ to arround 28-30$ and its possible it still will go down for next 2 days.
People are buying silver like crazy.Dealers closed their shop because 1.they have no silver 2.they wont sell so cheap so you can be sure prices will go up again very soon.
I recommend to read also the thread posted from MrE how he is banking hard with silver.
Myself i use margings.Its a risky game and not for noobs but what i do is giving x amount of $ into my marging account and buying silver etf's for a volume which is 10-20 times bigger than i got in cash.
10-20 times depends how big the risk is that the prices will go down.
If its low i'm buying 20 times more than i got in cash.Its a 5% security if prices will go down and if the prices will go down more than these 5% the bank will sell my etf's automaticly and i lose all money so be carefull.
If the risk is high i order only 10 times more than i got in cash this way i got a 10% security.
So lets say price of silver will go up again in next 6 months to its price of 50$ that would be 23$ per etf which is arround 46%.Using the margings that i ordered 20 times more that i own in cash i need to multiple it with 46% which is 20x46=920% or if you use the lower risk option it would be 10x46= 460%
I wouldnt recommend to sell silver at 50$ as i'm sure it will go way higher than 100$ but that would be your own decission.
Its just a very good time to jump into the silvertrain because of the hughe price drop
People are buying silver like crazy.Dealers closed their shop because 1.they have no silver 2.they wont sell so cheap so you can be sure prices will go up again very soon.
I recommend to read also the thread posted from MrE how he is banking hard with silver.
Myself i use margings.Its a risky game and not for noobs but what i do is giving x amount of $ into my marging account and buying silver etf's for a volume which is 10-20 times bigger than i got in cash.
10-20 times depends how big the risk is that the prices will go down.
If its low i'm buying 20 times more than i got in cash.Its a 5% security if prices will go down and if the prices will go down more than these 5% the bank will sell my etf's automaticly and i lose all money so be carefull.
If the risk is high i order only 10 times more than i got in cash this way i got a 10% security.
So lets say price of silver will go up again in next 6 months to its price of 50$ that would be 23$ per etf which is arround 46%.Using the margings that i ordered 20 times more that i own in cash i need to multiple it with 46% which is 20x46=920% or if you use the lower risk option it would be 10x46= 460%
I wouldnt recommend to sell silver at 50$ as i'm sure it will go way higher than 100$ but that would be your own decission.
Its just a very good time to jump into the silvertrain because of the hughe price drop
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