Would Any Of US Really Complain About A Silver Price Crash? - Page 6

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Author	Replies: 82 / Views: 7,917	Page: of 6

Merc Man Pillar of the Community United States 561 Posts	Posted 04/15/2013 2:27 pm I placed an order to pickup a few things I had on the "wish list" that were a bit cheaper thanks to the recent drop but nothing too crazy. If it should drop to $20 it might be a different story though. LOL Report this Post to the Staff
Silverhawk74 Pillar of the Community United States 3670 Posts	Posted 04/15/2013 2:34 pm I am not complaining short of buying 69 oz. after setting idle for months 2 days before the biggest drop in three years lol.... Anybody in next few weeks wants out of their silver or gold, PM me and I will see at that time if I can scrape enough together to make you a serious offer.... Edited by Silverhawk74 04/15/2013 2:34 pm Report this Post to the Staff
Namachieli Pillar of the Community United States 2120 Posts	Posted 04/15/2013 4:21 pm ^^ True that. Regardless of happened the last few days, It would be as you pointed out, bitter sweet. On hand I would be sad to see my "lost" investment. (Im a long hold, so I'm not worried) On the other, I would see it a huge opportunity to just build and build and average out my "losses". I would love buying 90% at those levels. :) Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 04/15/2013 5:29 pm Quote: On hand I would be sad to see my "lost" investment. (Im a long hold, so I'm not worried) On the other, I would see it a huge opportunity to just build and build and average out my "losses". I would love buying 90% at those levels. :) Exactly no one should be buying with money they need so right now we should want it to go down to make buying cheaper. Only when its time to sell do you want to see the rise. Even though I dont believe in silver as an investment at these prices it is a lot like a stock. You dont want to buy the stock at an all time high, you want to get in as low as possible if its a good company that will pull through Report this Post to the Staff
Silverhawk74 Pillar of the Community United States 3670 Posts	Posted 04/15/2013 5:42 pm If you spent too much in mid 30z-look at it like this you too far in now to turn back.... Better to cost average.... If I buy 120 cars at 600 that's about 6 per car.... Then if I find a similar lot of 120 at 10 per car-if I buy both lots now my cost per car is 8 each. Cost averaging ain't rocket science.... I would rather have 240 cars at 8 each verses just 120 at 6 each as I can always make money at 8 each.... Point is buy as much silver you can at the bottom where ever that is even if its just generics-and you can cost average those bad buys in mid 30s back down to a better figure.... Edited by Silverhawk74 04/15/2013 5:58 pm Report this Post to the Staff
Joe_Pike New Member United States 10 Posts	Posted 04/15/2013 5:47 pm Well, I bought 10 Freedom Girl rounds 3/19. Bought a 10 oz Koala on 4/6. Then my mom saw my Koala and wanted one even though I tried to kind of talk her out of it, so, she had me order one for her and my sister. Along with that order I bought a 10 oz Kookaburra. That was yesterday, 4/14. So, today I bought five 1 oz Kooks and five 1 oz Koalas so I could at least say I got in on the biggest dip in years. I'm in for the long haul, so, I guess it doesn't really matter (except for the fact I would have had a few more oz for the same money if I would have waited until today.) Report this Post to the Staff
Silverhawk74 Pillar of the Community United States 3670 Posts	Posted 04/15/2013 6:01 pm And you cant beat yourself up about 3 oz. as none of us can predict the future and this is the nature of the beast, esp in bear form.... I bought 2 kilo bars J&M old pours rare at 1100 each a few days back or 34 an change per oz.... How much more silver could have I gotten if I had a crystal ball and waited? But you know what the owner of the kilo bars (a good friend of mine none the less) was not gonna take a huge loss so it would not even be for sale now anyway at what many would hope to be around 30 per oz. maybe on such a high end premium item and I certainly personally would never expect anyone to sell and take a loss as it is their and all our rights to sell when we want when it suits us, hence the freedom of USA.... Glad to have them they are rare and are not growing on trees for sure..... Edited by Silverhawk74 04/15/2013 6:04 pm Report this Post to the Staff
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