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Replies: 107 / Views: 11,306 |
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Pillar of the Community
United States
2168 Posts |
One thing I have decided to do when purchasing PM is once its purchased you just can't watch and get upset etc. Just have to be glad you have the PM. More than likely PM value will go up and basically if it doesn't times should be better for the country and you still have PM and it will always have a value unlike stock which could become worthless
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Pillar of the Community
 United States
5869 Posts |
You are absolutely correct, Angel. It just hurts when it drops $1 per ounce immediately after you purchase 500 ounces. I know it will go back up, but knowing that I could have saved $500 had I waited 20-30 minutes...
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Pillar of the Community
United States
3670 Posts |
Stop beatin yourself up, it is movin back up. You an I and Murphy new what would happen as soon as you clickd buy, lol....
Long run my friend, you are gonna make out well in the long run.....
Edited by Silverhawk74 03/15/2012 2:50 pm
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Pillar of the Community
United States
2168 Posts |
I knOw. Well to be honest I bought some junk silver last April the week it kept rising at around $45 oz. I was felling like you when it dropped almost $10Oz the next few weeks. I just chalked it up and decided to not worry and be glad I had the silver. Now over all I'm about even with what I've purchased plus I have some (small amt) from roll searching and some from the 1960s and 1970s from change saved! With that it more than a averages fOr me did you receive them yet? For the next box is there a local shop to buy from? I just feel safer with that.
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Pillar of the Community
 United States
5869 Posts |
I just purchased them yesterday, so I won't actually receive them until next week sometime. And who knows if there will be a next time?
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Pillar of the Community
United States
3670 Posts |
Barry buddy I have 100 nice slabbed coins in "fancy holders", I can send you if you think it will make you feel better.  ....
Edited by Silverhawk74 03/15/2012 2:52 pm
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Pillar of the Community
 United States
5869 Posts |
Well, maybe if you include $500...
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Pillar of the Community
United States
3670 Posts |
Now Barry there is $5.39 face value in that set, so how about $494.61 and will call it even steven, rof  ....
Edited by Silverhawk74 03/15/2012 2:59 pm
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Pillar of the Community
 United States
5869 Posts |
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Pillar of the Community
United States
3670 Posts |
One day I truly believe silver will hit 75 an oz., and each one of those 500 beauts will command about 80 bucks each or 40 grand. That should make you feel a little better.....
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Pillar of the Community
 United States
5869 Posts |
$75? You're thinking too small -- I'm holding out for at least $100!
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Pillar of the Community
1283 Posts |
No offense but I think $100 per oz silver is a pipe dream, I hope your right though.
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Pillar of the Community
 United States
5869 Posts |
Well, I was being conservative. I've been listening to people who are convinced it will soon hit $500/ounce. Or more.
Personally, I'd be happy to see it hit (and stay at) $50 again. As long as it doesn't go back down to $4...
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Pillar of the Community
Canada
4944 Posts |
Quote: No offense but I think $100 per oz silver is a pipe dream, I hope your right though. I don't think $100 is out of reach. To be honest, I was shocked when silver was around $50 an ounce, I don't see what could stop it from hitting $100 in 15-20 years.
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Valued Member
United States
333 Posts |
Yeah, but in reality there will likely be much better investments in the next 15-20 years than silver. We can't all hit things like apple, but there are a lot of reasonable investments which can beat or meet a run from $30 to $100 in silver over such a period, even when combined with the bad investments.
The reason to buy a monster box is because it is so darn cool with the potential for price increases.
I wish I would have read this thread earlier. I would have tried to convince you to buy a monster box of the Canadian Moose coins. IMO they will appreciate to around $50 a coin even if silver stays in the $30's.
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Replies: 107 / Views: 11,306 |