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 Replies: 111 / Views: 11,037 |
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Pillar of the Community
United States
1454 Posts |
This could be the day. It's $20.06 and diving like a stray meteor at the moment. Gold isn't doing any better. It may end up sub $1300 by the average joe's java time in a few hours.
So how's everyone feeling about the recent metals massacre? Happy or irritated?
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Pillar of the Community
Japan
666 Posts |
Quote:
So how's everyone feeling about the recent metals massacre? Happy or irritated? when silver was higher it was easier to spot cheap silver here so, I'm kind of happy that public can allow silver for cheap but I'm not happy that I don't have arbitrage anymore )) so, what I do is buying silver numis ... of course with premium but those keep their value pretty good ... hopefully silver drops more and I meet australian year of the horse coin fully armed :) |
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Pillar of the Community
United States
621 Posts |
both, happy to see it fall after watching it for so long and hoping it would hit but irritated current family financial situations and priorities like food taking up all of my paycheck and preventing me from buying some.
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Pillar of the Community
United States
1200 Posts |
Happy and irritated. Happy to see bargain prices that get me a lot more silver per dollar spent and to see my numis
and semi-numis stuff pretty much holding it's value, but irritated to see what low-premium bullion I have losing value.
But, that's life. Anybody not prepared to take setbacks like this shouldn't buy PM's and I knew that when I got into the game.
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Pillar of the Community
United States
4212 Posts |
My local B&M is buying common morgans for $13 & selling @ 3 for &45. Something I thought I'd seen the last of. I dont really need nor lust over them, but worth scooping up in case siler goes stupid again.
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Pillar of the Community
Japan
666 Posts |
Quote:
My local B&M is buying common morgans for $13 & selling @ 3 for &45. Something I thought I'd seen the last of. I dont really need nor lust over them, but worth scooping up in case siler goes stupid again. silver goes stupid ->dealers will raise the price don't think that they will wait for you when stupidity comes back ))) |
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Pillar of the Community
United States
1080 Posts |
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My local B&M is buying common morgans for $13 & selling @ 3 for &45. Something I thought I'd seen the last of. I dont really need nor lust over them, but worth scooping up in case siler goes stupid again. Wha!? My local shop is buying commons for $22 selling for $25 because of the high premiums he can get if he ships them. I should buy all that your guy has and sell them to my guy and make a truckload of money. I need to call Kramer and borrow Newman's postal truck to go across state lines, though. |
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Pillar of the Community
United States
1088 Posts |
Even with silver falling so far, most local places are locking in on a price. some still at $30 for ASE and some around $25 for ASE. |
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Valued Member
United States
410 Posts |
Dealers are just hoping people rush out to buy the dip like they did 2 months ago. If the buyers stay away the premiums will fall.
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Valued Member
United States
385 Posts |
Happy to see it nearing $14, which was when it was at when my parents bought their first 2oz of gold at around $600 each :). Irritated that some of the silver I bought hasn't still been paid off on my credit card due to 7 months 0% financing lol and that I have a vacation to go to instead of actually finding a job and stacking up.
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Pillar of the Community
United States
3670 Posts |
Thar she blows-like a hump on a snow hill it's Sub 1300 gold and 19.90 silver. Ahab just rolled over the hump on the white giants back....
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Pillar of the Community
United States
3670 Posts |
Still falling like centerblock dropped into the deepest section of the ocean. you would figure its gotta catch hold an recover over 20 an 1300 by days end surely......
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Pillar of the Community
United States
3670 Posts |
What kind of bs pitch emails APMEX drumming up as I type. Better be titled something like ASE 22 each an 450 rolls shipped..... |
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Pillar of the Community
United States
2764 Posts |
This is the email I received from APMEX, here's the subject line: "[ APMEX] Silver Plummets Below $20, Gold Below $1300 - Buy Now at 2010 Prices!" Sound EXCITING/ENTICING right? Here's the catch, their price was locked before the drop, not like a fixed premium over spot. This is how the business goes, I guess.... Not everyone is the same though. The small ad bar on this forum advertising Merit Gold & Silver is selling ASE for spot +$2.69. Better business than APMEX for sure (from buyer perspective). |
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Pillar of the Community
United States
2764 Posts |
I am both happy and irritated but more happy than irritated.
I am able to get more silver for my $$$ but it gonna make it harder for me to unload some stuffs to pay down my debt..... It's hard to jiggle with both hand (paying down debt and accumulate asset at the same time). What would you do if you are in my shoe?
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Pillar of the Community
United States
3670 Posts |
Pay off all debt then worry about investing in the unstable pm market. Good news bottom is close as is cost more on worldly average to mine silver currently verses its spot value....
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Replies: 111 / Views: 11,037 |
Posted 06/20/2013 04:17 am
