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 Replies: 92 / Views: 8,703 |
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Valued Member
United States
292 Posts |
Oh boy. Where to now?
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Valued Member
Canada
314 Posts |
Just my thoughts, I hope it goes down even more...... Then I will make some bullion purchases.. That's just me though.
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Pillar of the Community
Canada
677 Posts |
It sure looks like a good buying opportunity to me but the fund are low right now. The big boys are trying their darndest but I don't think it will last long.
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Pillar of the Community
United States
965 Posts |
YES! silver less than $30/oz is awesome! time to start buying more  |
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Pillar of the Community
United States
3789 Posts |
Key number for silver to lose. take it level by level. The move down will be swift and furious down so please be careful thinking you are getting a bargain today.
wouldn't be surprised to see silver in time near 25 an oz.
these moves take time to develop so, don't use all your money at once and don't feel that this is the end of the selling. remember, what is cheap, will become cheaper.
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Pillar of the Community
United States
2168 Posts |
Remember the old thread with a similar name? Many were waiting for the $25 back then and it never really came. You just never know the way this market will work. Odd to be lower today, but a dip none the less.
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Pillar of the Community
United States
3184 Posts |
I'm waiting for $5 silver :D :D jk
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Pillar of the Community
United States
3789 Posts |
While predicting an exact price is impossible we do know-
a- these moves take time to play out
b- we recently broke a range, which was resolved to the downside.
c- hence why we take level by level. at this stage, the probabilities of even lower prices are greatly increased.
another reason I feel this will continue to resolve to the low end is seeing the ever increasing amount of pm metal miners making the 52 low. the market is anticipating more and more that that these companies are lower, and many times they do give a nice heads up as well.
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Valued Member
United States
144 Posts |
Take advantage of the price dip to add to your stack.
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Valued Member
United States
200 Posts |
Looks like a good time to buy cautiously. Don't plan to spend all my money buying right now. But I think less than 30 is a bargain. Of course, the silver can crash but doesn't seem likely to me.
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Bedrock of the Community
Australia
21786 Posts |
It needs to go down a lot more for me to loose.
Most of my junk silver came at the $5 -$10 range, as collateral buying of bulk lots.
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Bedrock of the Community
13014 Posts |
Quote:
Of course, the silver can crash but doesn't seem likely to me. I think it will at some point but probably to around 10 with the new industrial uses. For silver though I dont see that as a bad thing. Youll lose value but with a 20 dollar move you can more than make that up in future savings on purchases or buying more volume. Gold however could get ugly at some point |
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Pillar of the Community
Canada
3692 Posts |
Don't be fooled by numbers, especially the number zero. Thirty is a clean looking number and that's what's turning heads. It was at $32 not too long ago, but if it was $30.50 for a long time I wouldn't really care. This is just numerology to me. If you need silver, buy it when you have the cash, and if you don't need silver sell it when you need the cash more - it's as simple as that. Waiting for a magic numerological number to pop up is like waiting for heck to freeze over.
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Pillar of the Community
Japan
666 Posts |
Quote:
Don't be fooled by numbers, especially the number zero. Thirty is a clean looking number and that's what's turning heads. It was at $32 not too long ago, but if it was $30.50 for a long time I wouldn't really care. This is just numerology to me. If you need silver, buy it when you have the cash, and if you don't need silver sell it when you need the cash more - it's as simple as that. Waiting for a magic numerological number to pop up is like waiting for heck to freeze over Agree. May be if I had something like APMEX here with low prices I'd wait for a "bottom", but without such stores the only option I have is look for bargain and get silver whenever I can, no matter what spot is. As soon as China, India, Russia buying gold ... and some of them silver I'll do the same. So, advice to all: stay with the plan! |
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Pillar of the Community
United States
4333 Posts |
Seems like I can't find any silver locally on these low dips. The bullion houses go out of stock also.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Pillar of the Community
United States
2168 Posts |
I recall reading that the last time silver was lower. I have been lucky to find it locally at any quantity even a few coins! Three percent over spot
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Replies: 92 / Views: 8,703 |
Posted 02/15/2013 1:21 pm
