[ARCHIVED THREAD] - Silver (Page 1 of 2)
Posted: 6/25/2013 5:29:36 PM EDT
|
Prices is at about $19.25 right now. Anybody buying? Waiting for it to go down lower?
Sure is tempting me 
|
|
Quoted:
Prices is at about $19.25 right now. Anybody buying? Waiting for it to go down lower? Sure is tempting me It's on sale. Market fundamentals are just that regardless of what games the jokers play. There will come a day shortly when the dealer(s) get caught showing all cups in 3 card monte. But there will be deflation prior to a dramatic inflationary spike. Physical commoditties are a store of wealth just as ammo food etc. You cannot forget that diversity in your portfolio protects you but not insulates you. We will all take a bite of the shit sandwich down the road, you can only adjust how big a bite you take  .
|
|
Quoted:
Where would you buy if buying? Merit has Eagles for $2.69 each over spot with free shipping. Buy Eagles? Buy Round? When you are as new as I am to this there are a lot of questions  The standard answer is buy American Silver Eagles. I see nothing wrong with bullion. Buy whatever catches your fancy as long as it isn't faked. Check the EE here, seems to be active recently.
|
|
Quoted:
Silver is silver. Buy whatever has the lowest premiums. Ten ounce bars are good for saving quite a bit on premiums, which will eat you up if you are not careful. Merit's price on 10oz bars is at $202.90 right now. That would be $20.20 per oz and the eagles are about $21.90 +/- right now so I guess is if is as easy to sell if needed then it is much cheaper to buy it that way. |
|
You can. Just type (url) and (/url) at the front and back of your link, but change ( and ) to a [ and ]. |
|
http://www.goldprice.com/1-oz-silver-rounds
compare silver prices |
|
Quoted:
hard to tell which way the market will go. The PM market is truly an unfretted free-market with practically zero govt controls. It's anything but free..... I predict there will be government controls on it in less than 5 years. The bigger hands can move the price at will to protect their short positions, and they know they can get away with it. The problem is that these big hands are mostly banks that are "too big to fail" so if they had to pay out on their short positions the .gov would have to bail them out. |
|
I have bought a couple of pounds since these silver threads heated up a month or so ago. I will keeping buying every pay period for the next couple of decades. If the price drops significantly, I will buy a lot more. If it stays or rises, I will buy accordingly. That is the plan at least. I do like the way it gleams when I pop the safe open. Precious metals are sexy. |
|
Quoted:
If I wasn't saving for a down payment on a new truck I would probably be buying. Same here, I'd be buying with both hands if I didn't need to stay liquid while buying a house. I bought in at $38.50, this is silver at a bargain for me, and I'm desperate to lower my average cost per ounce. |
|
Quoted:
Quoted:
$18.85 Is the Jap market open right now? Is this what You are watching? Hong Kong. Check out kitco.com. http://www.kitco.com/charts/livesilver.html Someone ate some bad Peking duck. |
|
Quoted: Quoted: What do you guys think about junk silver (ie: kennedy half dollars)  I think they are the only way to go....but then, I like coins and U.S. history. My favorite type Silver is trending down, but inflation, interest rates rising with bond rates are now reasons to buy again I'm hoping for $10 silver but it's just a dream price |