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New Member

United States
38 Posts
 Posted 09/23/2011  09:47 am Show Profile   Bookmark this topic Add Loon22 to your friends list Get a Link to this Message Number of Subscribers
Silver is down again. I didn't buy any yesterday, but might today!

Even if it goes down, I like the coins!
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macmercury's Avatar
United States
5829 Posts
 Posted 09/23/2011  09:56 am  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
I think we have hit the bottom, if it does go down any more I'd be afraid.

Short answer: I buy!
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nod2003's Avatar
United States
3294 Posts
 Posted 09/23/2011  09:57 am  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
I am anticipating $20s, so I am not buying right now.
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TheForce's Avatar
United States
4867 Posts
 Posted 09/23/2011  10:02 am  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
Prices on ebay do not reflect the current spot price. So I will wait.
Pillar of the Community
United States
1026 Posts
 Posted 09/23/2011  10:07 am  Show Profile   Bookmark this reply Add Brucec to your friends list Get a Link to this Reply
$20.00 you will never see that again in my lifetime, BUY as it will go back up today just my 2 cents.
Edited by Brucec
09/23/2011 10:07 am
Valued Member
LastGold's Avatar
United States
228 Posts
 Posted 09/23/2011  10:23 am  Show Profile   Bookmark this reply Add LastGold to your friends list Get a Link to this Reply
Huge buying opportunity coming on silver. I got up early to listen to the market before it opened. Art Cashin on CNBC mentioned that there exists somnething of a four day trend Thursday through Monday on these stock market wipeouts.

Apparently if Thursday is bad, (it was), Friday is often choppy but with a small trend down, (as it is), then the following Monday is the day of maximum capitulation. I moved money into my ebay account Thursday, (should arrive to spend on Monday).

Hoping for another wipeout (silvers at $33 now), I'm praying for further weakness, and a reflection of that weakness on ebay.

A previous poster is right - so far, no move down in silver prices on ebay!

We need some real fear, among holders of gold and silver... so far it's not there...

Anyway, a real buying opportunity may be shaping up. We'll see...

New Member
United States
38 Posts
 Posted 09/23/2011  10:34 am  Show Profile   Bookmark this reply Add Loon22 to your friends list Get a Link to this Reply
Right, haven't seen anything lowering on Ebay/Amazon.

Was thinking APMEX or Gainesville Coins.

Thoughts on gold?

I hope oil goes back up in a big way soon!
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macmercury's Avatar
United States
5829 Posts
 Posted 09/23/2011  11:42 am  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
I'd expect gold going down to around mid $1600 and may stick around that number for a while until next mid month. It should head back up slowly. Buy or hold is your choice!
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Namachieli's Avatar
United States
2120 Posts
 Posted 09/23/2011  12:26 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
I don't know if we'll see a rally today in US markets, we may though.

I think the big rally is Early Monday morning when the Europe/Asian markets open after a weekend of people having time to ponder new information.

Next week will be fun. Its gonna move for sure... Hopefully in the "right" direction.


Im so torn, the collector in me wants $5 silver, the investor wants the moon.
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mitchhailey's Avatar
United States
1150 Posts
 Posted 09/23/2011  12:38 pm  Show Profile   Bookmark this reply Add mitchhailey to your friends list Get a Link to this Reply
It is definitely time to buy. Even if it gets lower, the upside from here is great. I wouldn't get too greedy and wait for sub $30 silver, because it may happen and it may not.
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oih82w8's Avatar
United States
7840 Posts
 Posted 09/23/2011  12:40 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
I sold a First Spouse a couple of weeks ago for spot @ 1850 per/oz, and started filling up my 7070.
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Namachieli's Avatar
United States
2120 Posts
 Posted 09/23/2011  1:05 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
oih82w8, very nice..
Valued Member
bwbollom's Avatar
United States
293 Posts
 Posted 09/23/2011  1:13 pm  Show Profile   Bookmark this reply Add bwbollom to your friends list Get a Link to this Reply
Not doing anything today, but I'll be curious to see how it ends up and what Monday looks like. Might just have to buy a few oz if the downward trend continues...
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barryg's Avatar
United States
5850 Posts
 Posted 09/23/2011  1:16 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
Man, I am this close to buying my first ever gold coin. I don't want bullion and have my eye on a nice AU+ $20 St. Gaudens Gold Double Eagle for about $128 over spot. Yesterday, the cost was mid $1800s. Right now, it's at around $1760. The thing is, though, gold has been going down steadily all day long, and I don't want to pull the trigger and then see it go down another $50-100 (or more).

How loooow will it goooo?
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CelticKnot's Avatar
United States
12823 Posts
 Posted 09/23/2011  1:18 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
I just bought some 90% from my bullion dealer at $32 and spot is still dropping like a stone. Wow.

...and where she stops, nobody knows...
Valued Member
Lion4Life's Avatar
United States
370 Posts
 Posted 09/23/2011  1:22 pm  Show Profile   Bookmark this reply Add Lion4Life to your friends list Get a Link to this Reply
Buying some 90%
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