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 Replies: 180 / Views: 18,919 |
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New Member
United States
45 Posts |
man I got a headache. lol I'mstill trying to figure out what you guys are talking about when it comes to the market and all the things that factor into it. more to it then just checking my kitco app.
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Pillar of the Community
 613 Posts |
Its cheap,buy silver. Got extra fiat buy silver.
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New Member
United States
45 Posts |
well I went to my guy yesterday with the intent to buy a couple ounces and ended up buying a 2006 ASE anniversary set. not making good choices lol. Edited by enhanced proof
02/08/2015 06:54 am
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Pillar of the Community
613 Posts |
@enhanced proof,2006 ASE Anniversary Set well I guess for me I wonder this: Did u want the set? If yes then cool you got one,if not sorry How much did u get the set for? If you got it for what u wanted to pay then good,if not sorry I would have stacked some Silver Coins or Silver Rounds or Bars. For me I only buy PF70 or MS70 Slabs otherwise I pick up Silver Coins,Rounds or Bars. Later today,I will have a better idea of what Reports will effect Silver Trade this up coming week as right now I need to do some other things for a bit today before I get into researching this coming weeks Reports. That's not Yahoo,NBC,FoX reports,no the real Reports traders tend to pay attention to. I will have Times,Day of Week,Military Times for these reports that are worthy,many weekly reports are not worthy to effect silver some will. *Late last week on Friday the -U.S. Non Farm Payroll Report- was a big one this year,it was at 13:30. Over all trends in price action for the last 3 years for silver is lower prices. At this point silver is cheap,can it and will it be cheaper yes. It is a good deal now trading at $16.79 by the end of last week is another sign for lower prices this year. $16.79 are low numbers for this time of the year already. Edited by Silverworld11
02/08/2015 1:48 pm
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Pillar of the Community
613 Posts |
I see nothing in this weeks worth of Reports to bring up silver but these are the Reports that will most effect silver and if numbers keep going the way they have been going Silver will trade down or a sideways price action for this week.
*Reports this coming week that will effect Silver:3 Reports
1.U.S. JOLTS Job Openings: Tuesday, February 10th
Time:15:00
Dec job openings rose 4.97 Million. Predictions increase,may be 5 Million. If so this will pull Silver down or sideways Silver.
2.U.S. Retail Sales Report: Thursday, February 12th
Time:13:30
This Report refers to Jan 2015. Dec Report Sales Dropped about 1%,core retail drop 1%. This Report will also show the U.S's gasoline retail sales. The outlook is for a half % fall for Jan 2015 Retail Sales. If so this will pull Silver down or sideways Silver.
3.UoM Consumer Sentiment (preliminary):Friday, February 13th
Time:14:55
University of Michigan will publish a preliminary consumer sentiment monthly update. With this survey could offer info vis-à-vis recent developments in U.S consumers sentiment. Last report,the sentiment index rose again to 98.2. This may drag Silver down or may not.
"I will be buying Silver this coming week either way it all plays out. I am a stacker but with that said I do like to research what may effect the price of silver and when. It's what I do. I hope it helps others"
Edited by Silverworld11
02/08/2015 3:52 pm
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New Member
United States
45 Posts |
its something I have wanted for a while now. my daughter was born in 06 so slowly I have been putting a little birth year collection of things she likes/might appreciate later in life and also to remember me when my time comes. as far as the price I picked it up for 250 witch I thought was super fair and a little lower than what ive seen them go for on ebay. i do plan on going back later this week as I'm expecting some tax return money to come in. hoping for spot to stay the same if not drop a little more. Edited by enhanced proof
02/08/2015 9:29 pm
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Pillar of the Community
613 Posts |
@enhanced proof,Picking up the 2006 ASE Anniversary Set for all those reasons is really cool,great idea. Price is right on I think,Ebay is most times more then what u paid from what I see. Spot will be more or less the same,sideways I would think next week or lower. |
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Pillar of the Community
613 Posts |
Even if silver breaks $18.50 and it may,it will be a -blip and slip- back down. Silver is getting sold off over and over that in itself is another sign of broken asset. Price action is in the lows of last year still another sign broken asset. 3 year charts show downtrend for 3 years now another sign of broken asset.
For me it is buy time for Silver all the way to the bottom,for years so be it. Its on now,stack it up and wait for the up. It will be back up,may be 20-30 years but it will be up to or above $50. I am a silver bug so I can not get off the Silver so to speak.
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Pillar of the Community
613 Posts |
DJIA above 18 thousand again,I think this is the 4th time within the last 365 days or so. Its a bad sign for PM's. Overall last week was another -Weak Week- for PM's. Friday is now a was,now gone. Just for the record Dow over 18 thousand is built on -Falsehoods and Lies-
Its a long weekend for the big boys in New York most times this will spell up for PM's for the Friday before the long weekend and it was. Silver held its up for the most part but did fall some and Gold fell from its up on Friday. Another bad sign I think for Silver that Gold could not hold its up.
Gold is the leader and when it can not Silver falls sooner or later. They have not got a pill to get PM's ups so hold tight and keep buying,Silver is at the beginning for great prices for stackers.
Edited by Silverworld11
02/14/2015 04:50 am
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Valued Member
United States
110 Posts |
I like Silver Eagles because the US Mint continues to break sales records. I like that they are popular and recognizable. Of course, they are also beautiful.
I like to buy bars and pre 1965 halves for the lower premiums. I have a few foreign coins, but I'd like to expand my collection.
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Pillar of the Community
613 Posts |
@realmoney,great glad to hear. Silver Eagles are getting lots of sales. I have a dozen or so. Not my favorite but a very sound coin.
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Valued Member
United States
110 Posts |
silverworld- what is your favorite.
Like I said I like the ASEs but also don't like paying that premium.
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Pillar of the Community
613 Posts |
@realmoney,1oz Armenian Silver Noah's Ark Coin. I am not a bible type person. What I like about this coin is that it is very detailed. The field is proof like. The Germans mint the coins. When u see one under a 40x you will know. Great coin.
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Pillar of the Community
613 Posts |
This week I see nothing much that this week Reports could do to form a rally for Silver,but is possible to see a small rally that will fade away.
----"Most weeks in the past the Reports play a big part in what are PM's do. But unlike most weeks they may not do a whole lot. What to look out for is the Dow,if it holds over 18 which it does not in the past when it breaks 18. If the dow does hold over 18 with a push with more higher numbers this will bring PM's down we will just have to see. The dow's numbers are a PM killer now a days or heaven sent"----
*Reports this coming week that will effect Silver:3 Reports
1.Minutes of Reserve Bank of Australia's Monetary Policy Meeting: Tuesday, February 17th
Time: 00:30
Getting a more detailed statement about last rate cut may come out in this meeting. I do not see this effecting Silver much at all but is worth noting.
2.Minutes of FOMC Meeting: Wednesday,February 18th
Time: 19:00
With all the numbers that are saying that the US recovery is on path,this may support the raise in cash rate. In this meeting we may hear of more talk for the mid year raise in cash rate. In all not good for Silver again worth noting.
3.Flash German, French and Euro Zone Manufacturing PMI: Friday, February 20th
Time: 09:00
In Jan France's PMI rose 49.5,Germany's PMI down to 51. Estimates are that Germany's PMI will rise to 51.8. This may impact Euro/USD currency along with PM's.
I see more of,more or less boring trading for PM's but we could see a small rally which becomes a -Blip and Slip-. I am planing to pick up a little more Silver this week but may find myself just watching this week market for Silver and play some golf,take care all.
Edited by Silverworld11
02/16/2015 1:25 pm
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Valued Member
United States
110 Posts |
Quote:
1oz Armenian Silver Noah's Ark Coin. I am not a bible type person. What I like about this coin is that it is very detailed. The field is proof like. The Germans mint the coins. When u see one under a 40x you will know. Great coin. Looks like a great coin. I like the dove they included on the coin. Really ties into the whole Noah's Ark story in the bible. It looks like it is actually an Armenian coin when I do a google search on it. Am I missing something? |
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Posted 02/06/2015 05:13 am
