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 Replies: 25 / Views: 5,465 |
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Pillar of the Community
United States
1454 Posts |
Like the Subject Line asks, if you're not buying PMs now, when, or more precisely, at what price will you start seriously buying gold and silver again? Edited by traevin
05/27/2014 7:20 pm
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Pillar of the Community
Canada
2019 Posts |
I have no number, if I like it/ want it, I buy it, you could wait many years for a PM to drop to your "Number" your either a stacker/collector or your not.
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Valued Member
United States
58 Posts |
$500 for gold. $10 for silver. But not PM. Numismatic that is over priced ins because of high PM runups.
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Valued Member
United States
269 Posts |
Ill still be buying this week, gives me a chance to get my Average$/oz down, its sitting at $23.70 right now, lets just hope JMBullion and APMEX ect are not slow in following the prices down |
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Valued Member
United States
309 Posts |
i buy when I have the funds, no matter whats the price, so I dont buy that often..last week I bought 5 eagles from jm cam out to 23.80 each
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Pillar of the Community
United States
3540 Posts |
Cash in hand, physical silver in front of me....and watching price all week. On the slide down, I buy.
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Bedrock of the Community
United States
10982 Posts |
My last PM purchases for long-term buy and hold were in 2010 at around $18 & $1000. Those numbers still look quite appealing. I have bought and flipped a lot of metal on the way to the top and on the way down and did okay both ways but it sure is more fun and profitable going up!
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Pillar of the Community
Russian Federation
5172 Posts |
Quote:
$500 for gold. $10 for silver. But not PM. Numismatic that is over priced ins because of high PM runups. This basically. I'll probably say $15 for silver, because I think $10 is so ridiculously improbable that it isn't really worth considering. And I occasionally buy some silver coins anyway (but I will start buying them much more if the price does go so far down). |
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Pillar of the Community
United States
4333 Posts |
Price doesn't mean much to me either. I buy when I can.
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
Japan
666 Posts |
may is huge for me bought 56 oz of asw in coins ... sold 16 oz final cost per oz is $12.5/oz so, for me it doesn't matter where the spot is ... the lower the spot goes the better coins I can add yesterday's addition  |
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Pillar of the Community
 United States
1454 Posts |
B, I have that coin! Sort of. It's a China 1997 10 Yuan - Baby w/Fish, right? Our tastes in coins runs ridiculously parallel. Except mine's a non-colorized 2oz. Piedfort. It didn't come with a COA like yours, though. Bought it 5 years ago on ebay for just under $29 when silver was somewhat cheaper. I never learned how rare or valuable it might be. I haven't run across another one like it going at auction and the BIN guys who have them from time to time usually price them far beyond what they're probably worth.  |
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Pillar of the Community
United States
919 Posts |
$10 silver and $500 gold. I will add 15-20 $20 gold coins when they hit the prices from the early 2000's.
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Pillar of the Community
United States
1272 Posts |
Can silver really go much lower if it costs more than it is worth to pull it out of the ground?
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Valued Member
United States
269 Posts |
Quote:
Can silver really go much lower if it costs more than it is worth to pull it out of the ground? 90% of new silver is a by product of other mining operations(copper, lead) so it costs nothing to get out of the ground, still there are processing costs I guess. |
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Pillar of the Community
Canada
2805 Posts |
I will buy silver and gold when I can afford it - depends both on what the prices are and how much disposable income I have! However I would really like Canadian silver dollars to dip below $10.
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Pillar of the Community
Japan
666 Posts |
ΠΆ, all the Chinese coins come with premium which is very fat ... the colored coin is 1/2 oz 5 yuan ... I was trying to get it for $50 delivered eventhough it is colored (the thing I hate in coins) ... Now my target was achieved - $51 delivered There are some treasures on ebay for sure ... for $29 that 2 oz coin is a steal ... I would stack just those if I had a chance ))) P.S. even the silver is a byproduct, to make out of byproduct shiny bar it costs pretty good money. |
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Replies: 25 / Views: 5,465 |
Posted 05/27/2014 7:50 pm
