When Does The Trigger Finger Get Too Itchy?

Depends on what your buying, if you are looking for limited mintage semi numis bullion then you should be buying now, if you want bars of silver just above spot then wait , looks like we are still in a downward trend, also once it hits a bottom and people start buying in mass , you may have a hard time finding lower mintage semi numis bullion available to buy .

I don't really do straight bullion anymore but if I did, I'd buy at $14-16, which was about where I bought my current 400-500 oz. of generics, SMLs, and ASEs. Even if spot drops to $10, it would still be hard to buy Eagles and comparable bullion for much under $14-15; not on ebay, anyway. Unless you can afford to buy in quantities of 500-1k ozs., that is.

the big mistake everyone is going to commit is looking for the bottom. NO ONE can capture an EXACT bottom. What we want to do is see gold and silver reverse out of this downtrend by not making fresh yearly lows.

After that stops, then we want to see the price chop around and base, do nothing at all, go no where. maybe another attempt at the bottom and solid rocket off that with solid buying.

So everyone who keeps buying from here, as you have seen since April, is going to be mauled to death price wise. Then, because they thought they were smarter than the market by always buying, they will continue to be underwater in their investment which is a bad and poor way to start.

Its clear that gold and silver could spend a long time in limbo after they stop falling in price. I dont think anyone wants to be several hundred under water on their purchases. Thats why if you wanna buy, if you have tooo,, proof silver and gold, numismatic coins.

Dont be one of those sheep who thinks gold and silver are going to turn around immediately, dont fall into the trap that "big banks are buying" (which btw, whos the big banks? lol), dont be a sucker and think you wont be able to buy again at these prices.

at 16-17 I by a few rolls of AE and ML. Now I am buying Semi keys and key dates of any American coins. Also PL, DMPL Morgan's and CC Morgan's. All graded and or GSA holders. I just don't like low mintage modern commemoratives to buy them regardless of silver prices dropping.

Now with this slight up tick I am considering selling out of some generic 10oz bars that I got for a good price a while back. My thinking is to sell out now and buy back several $$$ per oz later. I don't think the slide is over.