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Replies: 48 / Views: 5,810 |
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Pillar of the Community
United States
1200 Posts |
@barryg---BE WARNED! I'm going to a coin show on Sunday 1/6/12! You might want to wait for a bit and take advantage of the silver spot free-fall/crash+burn which inevitably follows in the 48 hours after every time I drop a quick grand...
Edited by Fat Freddy 01/03/2013 3:48 pm
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Pillar of the Community
United States
2168 Posts |
Seems to like the $30 price.
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Valued Member
United States
151 Posts |
APMEX just listed a 100oz JM pressed bar like the beautifully toned one barryg posted pics of. Interesting that it's $180 more than the old Engelhard 100oz poured bar they also just listed. That tells me that the pressed 100oz JM bars do seem to carry quite the premium, granted this one comes with box with matching serial# . . . http://www.apmex.com/Product/69946/...erial_s.aspx
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Pillar of the Community
United States
5850 Posts |
Silver just dropped sharply and is now at $29.90. Getting mighty tempting....
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Pillar of the Community
United States
1200 Posts |
Don't do it, Barry! Hang on! What you're seeing right now is the "teaser" to get me to make a move and drop some serious coin at the Sunday show---and if I do that, the bottom will fall out from under silver spot on Monday so bad that brokers will be jumping out of Wall St skyscraper windows before their mid-morning latte...
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Pillar of the Community
United States
5850 Posts |
Well, if I do buy something and then your purchase drives the price even lower... I guess I'll just have to buy even more!
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Pillar of the Community
United States
1200 Posts |
Well... there is that, too... However it goes----good luck and happy shopping! I would however suggest making the smaller purchase before Sunday and the bigger one on Monday. My track record and reputation speak for themselves!
When I made my buy @ the 12/2 show I went to, silver spot started on a nosedive that it's been on almost ever since. There's been that brief 12/31-1/3 attempt at a "comeback" (which is now almost 100% reversed), but it's been nearly totally downhill since my buy. I'm almost afraid to think about what I'm going to cause when I drop some bucks this Sunday...
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Pillar of the Community
United States
5850 Posts |
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Pillar of the Community
United States
2168 Posts |
Odd that the US mint 2012 are both sold out. The 2011 were on sale until the end of Dec. Hopefully I get the 2012 silver quarters I need before they as well are pulled.
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Valued Member
United States
385 Posts |
sigh, every time I purchase silver, the price drops sharply the day after lol but at least I got a good idea on some Sunshine bars and a Scottsdale. I bought 2x 1oz Sunshine at $32 ea. 1x Scottsdale at $32. Pretty good eh.
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Pillar of the Community
United States
5850 Posts |
Well, I'm still waiting to pull the trigger on a second purchase. My wife is now convinced that prices will continue to drop and doesn't want me to buy anything unless silver drops below $29. My fear is that even if silver does drop below $29, the premiums will go up enough to wipe out the savings...
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Pillar of the Community
United States
2168 Posts |
Premiums most likely will raise especially those based on percentage. My shop charges 3 percent now but I recall when spot was in the low 20s it was five
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Pillar of the Community
United States
3789 Posts |
I think..... Barry is going to do well over the long term. I just want to remind everyone that it doesn't hurt to nibble a bit when you get all this panic and dumping.
Again, don't blow your entire cash tho. Buy in small lots. Longer term, I think, and I wouldn't doubt I'm wrong but for now I do think we see lower PM prices.
So buy a little, buy quality, IMHO when we get these dumps. Instead going for that grab bag of silver, go for gold. Or if Silver is in your budget, then do some proofs. (yes I know, I talk about proofs a lot, ok perhaps I am ,,, biased) but my point is, use this selling to take advantage of higher quality coins instead of quantity.
and now please carry on on adding your silver and gold! lol
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Pillar of the Community
United States
5850 Posts |
So, Fat Freddy -- did you make your Sunday purchase? I'm still holding off hoping that prices will dip back down a bit...
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Pillar of the Community
United States
3670 Posts |
AH HA! The cat is out of the bag, no wonder silver is stuck in neutral as BARRY has been sitting idle on the sideline.... When you think you may make a significant big buy again Barry, enquiring minds would like to know lol  ....
Edited by Silverhawk74 01/07/2013 11:34 am
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Replies: 48 / Views: 5,810 |