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Posted: 7/7/2015 10:18:23 AM EDT
[#1]
Yes
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Posted: 7/7/2015 10:20:02 AM EDT
[#2]
Unless it's $400 an ounce, it's always time to buy.
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Posted: 7/7/2015 10:20:32 AM EDT
[#3]
Under 15.00!!
Posted Via AR15.Com Mobile |
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Posted: 7/7/2015 10:20:49 AM EDT
[#4]
Along with everything else. WTI, Gold, Corn, all the commodities are getting hit.
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Posted: 7/7/2015 10:22:02 AM EDT
[#5]
getting really close that buying price.
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Posted: 7/7/2015 10:22:07 AM EDT
[#6]
Quote HistoryQuoted:
Along with everything else. WTI, Gold, Corn, all the commodities are getting hit. Why? this seems odd. |
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Posted: 7/7/2015 10:22:18 AM EDT
[#7]
Quote HistoryQuoted:
Along with everything else. WTI, Gold, Corn, all the commodities are getting hit. Is this directly related to the dollar? I am an idiot about this kind of thing. |
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Posted: 7/7/2015 10:22:51 AM EDT
[#8]
Quote HistoryQuoted:
Unless it's $400 an ounce, it's always time to buy. I wonder if those who bought in at the 40-50 range a few years ago share that sentiment? |
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Posted: 7/7/2015 10:23:02 AM EDT
[#9]
Excellent!
Keep dropping 
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Posted: 7/7/2015 10:23:53 AM EDT
[#10]
China and Greek related margin calls.
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Posted: 7/7/2015 10:24:28 AM EDT
[#11]
Quote HistoryQuoted:
Excellent! Keep dropping Yeah I get excited about the price drops. Just like AR parts it is far more exciting to be stacking deep while I am in a good place financially. |
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Posted: 7/7/2015 10:25:42 AM EDT
[#12]
Just bought 5 ounces when it was $15.10 from Silvertowne.
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Posted: 7/7/2015 10:27:40 AM EDT
[#13]
Silver is closely tied to our economy, the better we are doing, the lower silver will go. Which also means, when the rest of the world is taking a dive, precious metals follow them. It's always a good time to buy, our economy will tank again some day and you will make a nice profit!
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Posted: 7/7/2015 10:27:52 AM EDT
[#14]
Links to buy it now?
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Posted: 7/7/2015 10:28:44 AM EDT
[#15]
Who has the lowest spot?
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Posted: 7/7/2015 10:31:05 AM EDT
[#16]
the time is near
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Posted: 7/7/2015 10:32:31 AM EDT
[#17]
Quote HistoryQuoted:
Who has the lowest spot? If you take free shipping into account... a good bet for price would be a 10 ounce bar from Provident metal. Provident Bar Right now its 165.20 for 10 ounces... so 16.52/ounce to your door. I am not an expert and I don't know the cheapest/best way to get silver. |
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Posted: 7/7/2015 10:34:37 AM EDT
[#18]
Quote HistoryQuoted:
If you take free shipping into account... a good bet for price would be a 10 ounce bar from Provident metal. Provident Bar Right now its 165.20 for 10 ounces... so 16.52/ounce to your door. I am not an expert and I don't know the cheapest/best way to get silver. Quote HistoryQuoted:
Quoted:
Who has the lowest spot? If you take free shipping into account... a good bet for price would be a 10 ounce bar from Provident metal. Provident Bar Right now its 165.20 for 10 ounces... so 16.52/ounce to your door. I am not an expert and I don't know the cheapest/best way to get silver. http://www.jmbullion.com/10-oz-rmc-silver-bar/ |
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Posted: 7/7/2015 10:34:37 AM EDT
[#19]
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Posted: 7/7/2015 10:39:47 AM EDT
[#20]
Ok, bear with me here because I have never understood the precious metals thing If the economy tanked, and SHTF how would having silver or gold allow you to feed your family? Trading gold or silver bars for bread? |
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Posted: 7/7/2015 10:39:51 AM EDT
[#21]
Fuck yes. Off to the local PM shop for me, today!
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Posted: 7/7/2015 10:40:36 AM EDT
[#22]
Quote HistoryQuoted:
Ok, bear with me here because I have never understood the precious metals thing If the economy tanked, and SHTF how would having silver or gold allow you to feed your family? Trading gold or silver bars for bread? It will be worthless. If you have any, you should send it to me immediately for proper disposal. |
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Posted: 7/7/2015 10:43:03 AM EDT
[#23]
Quote HistoryQuoted:
Ok, bear with me here because I have never understood the precious metals thing If the economy tanked, and SHTF how would having silver or gold allow you to feed your family? Trading gold or silver bars for bread? It won't. When they issue/revalue currency, it makes you whole. X amount of silver in Y currency will still be worth X amount of Z currency. |
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Posted: 7/7/2015 10:43:27 AM EDT
[#24]
Quote HistoryQuoted:
It will be worthless. If you have any, you should send it to me immediately for proper disposal. Quote HistoryQuoted:
Quoted:
Ok, bear with me here because I have never understood the precious metals thing If the economy tanked, and SHTF how would having silver or gold allow you to feed your family? Trading gold or silver bars for bread? It will be worthless. If you have any, you should send it to me immediately for proper disposal. Ok, send your address and I will forward a stale loaf of bread immediately |
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Posted: 7/7/2015 10:43:50 AM EDT
[#25]
Quote HistoryQuoted:
Ok, bear with me here because I have never understood the precious metals thing If the economy tanked, and SHTF how would having silver or gold allow you to feed your family? Trading gold or silver bars for bread? I am not saying it is a SHTF thing (some do). Its a risk/investment. It is also a hedge against other investments tanking. Diversification. As far as how it works, I am not an economist, but there is a direct correlation to the dollar tanking and silver/gold taking huge jumps in value. |
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Posted: 7/7/2015 10:44:58 AM EDT
[#26]
Quote HistoryQuoted:
It won't. When they issue/revalue currency, it makes you whole. X amount of silver in Y currency will still be worth X amount of Z currency. Quote HistoryQuoted:
Quoted:
Ok, bear with me here because I have never understood the precious metals thing If the economy tanked, and SHTF how would having silver or gold allow you to feed your family? Trading gold or silver bars for bread? It won't. When they issue/revalue currency, it makes you whole. X amount of silver in Y currency will still be worth X amount of Z currency. Ok, so we're not talking a Mad Max scenario here |
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Posted: 7/7/2015 10:45:36 AM EDT
[#27]
Good, I need to buy some more anyways.
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Posted: 7/7/2015 10:45:37 AM EDT
[#28]
Quote HistoryQuoted:
Ok, so we're not talking a Mad Max scenario here Quote HistoryQuoted:
Quoted:
Quoted:
Ok, bear with me here because I have never understood the precious metals thing If the economy tanked, and SHTF how would having silver or gold allow you to feed your family? Trading gold or silver bars for bread? It won't. When they issue/revalue currency, it makes you whole. X amount of silver in Y currency will still be worth X amount of Z currency. Ok, so we're not talking a Mad Max scenario here Correct. |
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Posted: 7/7/2015 10:47:08 AM EDT
[#29]
Quote HistoryQuoted:
Silver is closely tied to our economy, the better we are doing, the lower silver will go. Which also means, when the rest of the world is taking a dive, precious metals follow them. It's always a good time to buy, our economy will tank again some day and you will make a nice profit! This is the part that confuses me. Let's say I buy 100 ounces today for $1500 and silver jumps to $50 an ounce next year. Who is going to buy my silver? |
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Posted: 7/7/2015 10:47:30 AM EDT
[#30]
Quote HistoryQuoted:
Who has the lowest spot? Depends on what you're looking for. Monarch precious metals sells rounds for something like 50 cents over spot. |
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Posted: 7/7/2015 10:47:53 AM EDT
[#31]
Quote HistoryQuoted:
Ok, bear with me here because I have never understood the precious metals thing If the economy tanked, and SHTF how would having silver or gold allow you to feed your family? Trading gold or silver bars for bread? Depends on your level of shtf. Katrina or other event where the lights go out for a few weeks, CC are no good but paper cash on hand is fine Soviet style collapse of government, gold and silver would give currency when paper money is worthless Global zombie epidemic or Book of Eli scenario, and yeah precious metals won't be worth much. However, they will still be the first commodities to regain value as society stabilizes just as they have since the dawn of time. |
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Posted: 7/7/2015 10:48:52 AM EDT
[#32]
Quote HistoryQuoted: Ok, bear with me here because I have never understood the precious metals thing If the economy tanked, and SHTF how would having silver or gold allow you to feed your family? Trading gold or silver bars for bread? This is for investments. I've been itching to get back in, and this may be a nice start. Selling small quantities at gun shows always does well. Especially those limited quantity, limited time offer silver rounds, patriotic motif's, etc. |
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Posted: 7/7/2015 10:49:04 AM EDT
[#33]
I'm so glad I did not listen to you guys and buy precious metals
I would have lost my ass Instead, I made a very nice profit in the stock market |
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Posted: 7/7/2015 10:49:46 AM EDT
[#34]
Quote HistoryQuoted:
This is the part that confuses me. Let's say I buy 100 ounces today for $1500 and silver jumps to $50 an ounce next year. Who is going to buy my silver? Quote HistoryQuoted:
Quoted:
Silver is closely tied to our economy, the better we are doing, the lower silver will go. Which also means, when the rest of the world is taking a dive, precious metals follow them. It's always a good time to buy, our economy will tank again some day and you will make a nice profit! This is the part that confuses me. Let's say I buy 100 ounces today for $1500 and silver jumps to $50 an ounce next year. Who is going to buy my silver? Why is the price of silver set at $50/oz? |
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Posted: 7/7/2015 10:50:01 AM EDT
[#35]
Quote HistoryQuoted:
Why? this seems odd. Quote HistoryQuoted:
Quoted:
Along with everything else. WTI, Gold, Corn, all the commodities are getting hit. Why? this seems odd. China's growth is slowing, so they're buying less oil, so oil is dropping further. Cheaper oil means middle east and Russia have less money to buy commodities. Europe getting ready to shit or get off the pot with Greece. If they shit, the other debtor nations will immediately demand debt relief as well, which will fuck European bond market. If they get off the pot, Greece will tank, and it always impacts commodities when a western nation shits the bed. That being said, bought my last silver when it dropped to 20, not buying more until it hits 12. Maybe 14. Which I expect it to. |
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Posted: 7/7/2015 10:50:14 AM EDT
[#36]
Anyone have a link for deals on Eagles?
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Posted: 7/7/2015 10:50:32 AM EDT
[#37]
Quote HistoryQuoted:
It won't. When they issue/revalue currency, it makes you whole. X amount of silver in Y currency will still be worth X amount of Z currency. Quote HistoryQuoted:
Quoted:
Ok, bear with me here because I have never understood the precious metals thing If the economy tanked, and SHTF how would having silver or gold allow you to feed your family? Trading gold or silver bars for bread? It won't. When they issue/revalue currency, it makes you whole. X amount of silver in Y currency will still be worth X amount of Z currency. Except for when they make PM's illegal for citizens to own and trade in. |
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Posted: 7/7/2015 10:50:47 AM EDT
[#38]
Wonder how much it actually costs to get it out of the ground,refined,and minted?
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Posted: 7/7/2015 10:51:13 AM EDT
[#39]
Quote HistoryQuoted:
Correct. Quote HistoryQuoted:
Quoted:
Quoted:
Quoted:
Ok, bear with me here because I have never understood the precious metals thing If the economy tanked, and SHTF how would having silver or gold allow you to feed your family? Trading gold or silver bars for bread? It won't. When they issue/revalue currency, it makes you whole. X amount of silver in Y currency will still be worth X amount of Z currency. Ok, so we're not talking a Mad Max scenario here Correct. Got it, thanks |
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Posted: 7/7/2015 10:51:28 AM EDT
[#40]
Quote HistoryQuoted:
Except for when they make PM's illegal for citizens to own and trade in. Quote HistoryQuoted:
Quoted:
Quoted:
Ok, bear with me here because I have never understood the precious metals thing If the economy tanked, and SHTF how would having silver or gold allow you to feed your family? Trading gold or silver bars for bread? It won't. When they issue/revalue currency, it makes you whole. X amount of silver in Y currency will still be worth X amount of Z currency. Except for when they make PM's illegal for citizens to own and trade in. they don't have to make it illegal just exceedingly painful 
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Posted: 7/7/2015 10:51:38 AM EDT
[#41]
Quote HistoryQuoted:
This is the part that confuses me. Let's say I buy 100 ounces today for $1500 and silver jumps to $50 an ounce next year. Who is going to buy my silver? Quote HistoryQuoted:
Quoted:
Silver is closely tied to our economy, the better we are doing, the lower silver will go. Which also means, when the rest of the world is taking a dive, precious metals follow them. It's always a good time to buy, our economy will tank again some day and you will make a nice profit! This is the part that confuses me. Let's say I buy 100 ounces today for $1500 and silver jumps to $50 an ounce next year. Who is going to buy my silver? That is where I am lost as well. I dont really think the local coin shop is interested in buying 1000 ounces of silver as it starts to go nuts. Even if they were troy ounce silver rounds. Other than investing in futures and holding out long term, in the end I just dont see it being as liquid. Would like to see someone with experience in buying low and selling high actually weigh in on the issue of selling a large quantity of held silver. |
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Posted: 7/7/2015 10:52:08 AM EDT
[#42]
this is a 5-year low
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Posted: 7/7/2015 10:52:41 AM EDT
[#43]
Quote HistoryQuoted:
I'm so glad I did not listen to you guys and buy precious metals I would have lost my ass Instead, I made a very nice profit in the stock market I'm in both stock market and PM's (silver for me). It's all about being diversified. |
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Posted: 7/7/2015 10:52:45 AM EDT
[#44]
Meh, could care less about the price, did take a dip as I ordered my monthly allotment which was nice.
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Posted: 7/7/2015 10:54:49 AM EDT
[#45]
bought a 10oz bar and a .308 silver bullet
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Posted: 7/7/2015 10:55:10 AM EDT
[#46]
Quote HistoryQuoted:
This is the part that confuses me. Let's say I buy 100 ounces today for $1500 and silver jumps to $50 an ounce next year. Who is going to buy my silver? Quote HistoryQuoted:
Quoted:
Silver is closely tied to our economy, the better we are doing, the lower silver will go. Which also means, when the rest of the world is taking a dive, precious metals follow them. It's always a good time to buy, our economy will tank again some day and you will make a nice profit! This is the part that confuses me. Let's say I buy 100 ounces today for $1500 and silver jumps to $50 an ounce next year. Who is going to buy my silver? The same people that bought it for $50 in 2011. It goes up that much because bad shit is happening in the economy or there is something else driving demand. At that point there are just as many people who will buy just below spot price as there were when it was going for $15. That is why there is so much excitement for what is now a 6% drop today. Historically its a good price but a few years from now it could be $12 an ounce or it could be $30 an ounce. Its a gamble and I am betting that the price will increase. It seems weird that anyone would buy at lets say $1 below spot when its at an all time high of $50 but nobody can tell the future. There were talks at that time that it could continue to go through the roof and if you are a company dealing in high volumes and turnover there is money to be made by buying under spot all the time. |
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Posted: 7/7/2015 10:57:14 AM EDT
[#47]
Quote HistoryQuoted:
Why? this seems odd. Quote HistoryQuoted:
Quoted:
Along with everything else. WTI, Gold, Corn, all the commodities are getting hit. Why? this seems odd. My guess is that many of the traditional buyers of commodities have had a bad couple of weeks. |
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Posted: 7/7/2015 11:01:17 AM EDT
[#48]
Jmbullion.com page isn't loading.
Is it panic buying?
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Posted: 7/7/2015 11:02:18 AM EDT
[#49]
Quote HistoryQuoted:
Jmbullion.com page isn't loading. Is it panic buying? Panic isn't the right word. Opportunistic buying is probably more accurate. |
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Posted: 7/7/2015 11:04:21 AM EDT
[#50]
Going back up...$14.90
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