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 Replies: 22 / Views: 3,207 |
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Valued Member
United States
362 Posts |
APMEX is calling my name ! 
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Valued Member
United States
200 Posts |
Looking at the rate it is dropping, I think 1400 in near future is looking very likely. I personally will be very comfortable buying at that level.
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Pillar of the Community
United Kingdom
548 Posts |
I need a 50% drop, not a 5% drop.
50% would bring the 1oz gold coins within my budget.
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Pillar of the Community
United States
2661 Posts |
Quote:
Looking at the rate it is dropping, I think 1400 in near future is looking very likely. I personally will be very comfortable buying at that level. I read on one of the financial sites yesterday that it could go as low as $1350 by years end. But keep this in mind, thses same financial sites were call for $5000 an ounce not all that long ago too. |
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Valued Member
United States
200 Posts |
Quote:
But keep this in mind, thses same financial sites were call for $5000 an ounce not all that long ago too. I could not agree more. Last year, a lot of 'experts' were predicting $50 spot for silver, calling silver as 'Gold on steroids'. Now they are singing a completely different tune. |
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Pillar of the Community
United States
2168 Posts |
Well nothing out there for spot or any percentages over spot of even a few weeks ago. My local shop is at 15 percent over spot and only dimes and quarters. Last week was 5 percent for dimes and quarters 10 percent for halves. a few weeks ago 3 percent for all. I think those controling spot have nothing to do with actual demand for physical PM. Time will tell. Hopefully all this irons out and things get back to normal.
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Pillar of the Community
United States
1817 Posts |
Well looks like Fall 2013 came early and for some Christmas might be here too? $1,250 gold $20 silver is not an impossibility now.... We'll see, best hold tight, nobody is selling at these low levels just yet, they're hoping a market correction will happen before long.
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Pillar of the Community
United States
2120 Posts |
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Pillar of the Community
 Canada
3692 Posts |
I think that the people who control/dictate the prices are trying to create a panic selling mode in the people - "sell before it's worthless!" Or the top dogs are trying to cover their deliveries.
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Pillar of the Community
United States
3670 Posts |
Gold is down to 1330 and silver to 22.39 tonight in Asia alone and no support levels seem to be kicking in at all which is way unusal in itself....
Like pmz are spiraling down a bottomless blackhole....
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Valued Member
United Kingdom
90 Posts |
I wouldn't go that far,the past 6 hours or so the steepness of the decline has reduced a little bit, but I've resisted pulling the trigger so far.
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Pillar of the Community
United States
3670 Posts |
Platinum and pallidum are the first to catch a little support and start back the other way....
We will see how long that lasts lol....
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Pillar of the Community
United States
2541 Posts |
I have to say, I thought there would be downward pressure today, but this is just crazy...
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Bedrock of the Community
Australia
21788 Posts |
Has bounced a bit off $1,321 today, 16th April.
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Valued Member
United States
178 Posts |
keep watching ... and get ready ...
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Replies: 22 / Views: 3,207 |
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First Page
Posted 04/13/2013 12:58 pm
