Silver Dips Below $30 - Page 15 - Coin Community Forum

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Author	Replies: 743 / Views: 51,990	Page: of 50

Dooby Rak Pillar of the Community Canada 590 Posts	Posted 05/15/2012 3:16 pm SILVER is getting whacked today, sub $28. Report this Post to the Staff
Silverhawk74 Pillar of the Community United States 3670 Posts	Posted 05/15/2012 3:24 pm Foreman has silver up against the ropes an...."Down goes silver, down goes silver!" Report this Post to the Staff
angel2004 Pillar of the Community United States 2168 Posts	Posted 05/15/2012 3:31 pm Really dropping. Report this Post to the Staff
SilverCoinBoi Valued Member United States 458 Posts	Posted 05/15/2012 3:35 pm Down down down down... This might be a hard week for Silver. Report this Post to the Staff
qbvbsite Pillar of the Community Canada 849 Posts	Posted 05/15/2012 3:36 pm Come on $25 an oz :) Report this Post to the Staff
barryg Pillar of the Community United States 5862 Posts	Posted 05/15/2012 3:38 pm Man, I'd be all over this if it weren't for the huge purchase I made a couple of weeks ago. Just talked to the wife and I'm forbidden to buy anything until it gets down to $26. At the rate it's going, though, that might actually happen in the next few days (if not the next few hours). Expanded Digital U.S. Type Set Album \| Dansco 8100 (Lincon Cents) Album \| Digital Proof Type Set \| Digital U.S. Currency Type Set \| Foreign Bullion Coins Report this Post to the Staff
wildspinx Valued Member United States 196 Posts	Posted 05/15/2012 3:47 pm I know I just bought a collection at my local show and may very well sell them for premium on the bay and just buy scrap/ spot price silver. SOOOO TEMPTING!I know if I see 22-23 I will not be able to fight the urge anymore. Report this Post to the Staff
SilverCoinBoi Valued Member United States 458 Posts	Posted 05/15/2012 3:51 pm Ive never made a huge purchase before, but if this keeps up I might have to...all the signs are telling me to! Report this Post to the Staff
CaptainFwiffo Pillar of the Community United States 4132 Posts	Posted 05/15/2012 3:55 pm Eat it, silver! When it gets down to $10-$15 I'll be shopping for a $100 face bag of Mercury dimes. Edited by CaptainFwiffo 05/15/2012 3:55 pm Report this Post to the Staff
qbvbsite Pillar of the Community Canada 849 Posts	Posted 05/15/2012 3:56 pm Once I can buy 10+ SML's for $30 each shipped I'm in. Edited by qbvbsite 05/15/2012 3:56 pm Report this Post to the Staff
SilverCoinBoi Valued Member United States 458 Posts	Posted 05/15/2012 4:09 pm Yes please go downnnn! Trying to finish some folders atm and would love for it to be cheaper... Silver Washingtons and Rosies are almost finished :) Report this Post to the Staff
BH1964 Bedrock of the Community United States 10982 Posts	Posted 05/15/2012 4:55 pm If it hits $25 then I'm buying some, maybe 50ozs or so. I'm holding about 500ozs at around $28-$29/oz cost. A little cost averaging before it shoots to moon Alice! ANA #R3154474 Report this Post to the Staff
Ed_B Pillar of the Community United States 4008 Posts	Posted 05/15/2012 5:14 pm I read a comment on the net last night where the author said that a lot of money was coming out of stocks and PMs so people could buy into FaceBook. Not sure if that means anything but it will be very interesting to see what silver and gold do on Friday. Looks like it could be time to back up the PM truck! Report this Post to the Staff
angel2004 Pillar of the Community United States 2168 Posts	Posted 05/15/2012 5:18 pm I personnaly would never do that but that could be some of the reason. Also, I read an article about possible dollar parity with the Euro. Greece is a mess again but I'm fairly sure they will just repackage the junk bonds and resell and the cycle will go on. They really just should let Greece leave the Euro and all will settle eventually. Report this Post to the Staff
Brucec Pillar of the Community United States 1026 Posts	Posted 05/15/2012 5:47 pm Well naturally I just made a BIG buy when it went below $30.00 and I was not going to get anymore. BUT to cost average if it does drop below $25 I will be keeping a close eye on it. Some think it could go to $20 never thought that could happen but if it keeps going down I will make another at least $5,000.00 purchase to average out the cost of both. SO I do not care I guess if it keeps going down I make another jump if not my BIG stash gets worth more. Report this Post to the Staff
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