$21/Oz - Page 2 - Coin Community Forum

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Author	Replies: 21 / Views: 2,964	Page: of 2

Tim Stroud Pillar of the Community United States 2661 Posts	Posted 10/13/2010 4:43 pm I passed on twenty 1oz ingots back in January for $12 each at an auction. Report this Post to the Staff
MtnCoinMan Valued Member United States 462 Posts	Posted 10/13/2010 4:47 pm Don't feel bad Tim. Twenty ounces at $12 profit is still only $240.00, not exactly a fortune. Now, a thousand ounces............... Report this Post to the Staff
afcop13 Pillar of the Community United States 1409 Posts	Posted 10/14/2010 4:14 pm this is a fun ride, and as much as I'm glad I loaded up at $16-17, I'm sure hoping for that drop back down to around $20 again for another buying spree. I've sold some at $22.50 and again at $23.75, so the profit is sitting on the sidelines waiting for opportunity. I do believe we'll see a drop, and it'll be after the elections. Until then, I think we'll see $26-27 before a pullback. Just my uneducated, totally random .02. :-) Report this Post to the Staff
johnny54321 Rest in Peace United States 4849 Posts	Posted 10/14/2010 7:00 pm I wish I hadn't sold most of my silver already...:-( but I'm glad I've held on to most of my gold! :-) Report this Post to the Staff
oblakavshtanax Pillar of the Community United States 757 Posts	Posted 10/14/2010 7:29 pm gold's the really big bubble, buddy. sell within the year so you can buy even more once it drops. Report this Post to the Staff
johnny54321 Rest in Peace United States 4849 Posts	Posted 10/14/2010 8:27 pm Quote: gold's the really big bubble, buddy. sell within the year so you can buy even more once it drops. actually, silver has shown to be much more volatile over the last few years both in gains and losses than gold. I do expect a dip in gold, but unless the economy makes a miraculous recovery, the dip won't be all the big. I think the dip in silver will be bigger percentage wise, and if it goes back to below 20, I'll be all over it. Report this Post to the Staff
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