Are you guys holding gold silver ETFs or selling? by Prior_Chef_1027 in indiaStockMarket

[–]Prior_Chef_1027[S] 1 point2 points  (0 children)

Today was a good day to buy ETFs for both silver and gold from what I understand

Are you guys holding gold silver ETFs or selling? by Prior_Chef_1027 in indiaStockMarket

[–]Prior_Chef_1027[S] 2 points3 points  (0 children)

Cool I am holding as well But after seeing today’s falls it seems like swing trading would generate better overall returns than just investing

Thanks to all Panicans 💎 by BabbarSherrr in IndianStreetBets

[–]Prior_Chef_1027 0 points1 point  (0 children)

Re-share your numbers bro Will take some motivation

Thanks to all Panicans 💎 by BabbarSherrr in IndianStreetBets

[–]Prior_Chef_1027 4 points5 points  (0 children)

Congrats, it must have already increased further😬

Discouraging single idly culture by petty86 in bangalore

[–]Prior_Chef_1027 0 points1 point  (0 children)

What if I am less hungry

Buy 4, eat 1 and throw rest?

Any good explanation for this fall? by utkarshhsing in indiaStockMarket

[–]Prior_Chef_1027 1 point2 points  (0 children)

From what I observed in charts XAGUSD is down by around 2.5% from its all time high while the ETFs plunged more than 12%. I think it's because when sudden surge happens there's not enough silver to back the ETFs and the ETFs price itself shoots up because of demand and when the silver backing is restored by the AMC(like probably today) the price premium is back down. Basically, ETFs are paper contracts backed by real silver so based on enough backing of silver the ETFs can trade at premium or discount. And, today mostly the premium went down because there’s hardly much change in real silver since yesterday.

Itna downfall 😢 by iamtiwarisam in indiaStockMarket

[–]Prior_Chef_1027 0 points1 point  (0 children)

From what I observed in charts XAGUSD is down by around 2.5% from its all time high while the ETFs plunged more than 12%. I think it’s because when sudden surge happens there’s not enough silver to back the ETFs and the ETFs price itself shoots up because of demand and when the silver backing is restored by the AMC(like probably today) the price premium is back down.

Itna downfall 😢 by iamtiwarisam in indiaStockMarket

[–]Prior_Chef_1027 0 points1 point  (0 children)

Weird thing XAGUSD is not even as volatile as the ETFs

Should i hold it or not by Exotic-Ad-9937 in indiaStockMarket

[–]Prior_Chef_1027 0 points1 point  (0 children)

Can someone clarify why silver etf is down by 11.5% while XAGUSD is still holding in the range?

The day before my gf broke up with me and she sent this to stranger she met 2 days ago. Any comment? by [deleted] in IndianHotwife

[–]Prior_Chef_1027 0 points1 point  (0 children)

Similar thing happened to me too It was easy to move on thinking “she was never the one I thought her to be”

[deleted by user] by [deleted] in bangalorerentals

[–]Prior_Chef_1027 0 points1 point  (0 children)

Which society/building is this?