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Author	Replies: 5 / Views: 2,627
Colhand1 Pillar of the Community United States 629 Posts	Posted 04/02/2015 2:06 pm * Moved by Staff to a more appropriate forum. * Is silver a good buy right now? Meaning bullion, 1 oz or 5 oz bars, coins, etc? How much longer do you think that silver will stay at current levels and when can we expect to see it go up in price? Is there something going on in the world that is suppressing silver pricing besides the value of the USA $1? Report this Post to the Staff

SilverDon Pillar of the Community Canada 2360 Posts	Posted 04/02/2015 2:45 pm There is a bullion forum with a discussion of silver and gold bullion that will provide some insight. https://goccf.com/t/142068&whichpage=224 Report this Post to the Staff
T-BOP Rest in Peace United States 18456 Posts	Posted 04/02/2015 7:00 pm I hear the low price of crude oil is keeping silver in a coma state. I guess we can't have our cake and eat it ! Report this Post to the Staff
coinwatch Pillar of the Community United States 808 Posts	Posted 04/02/2015 9:08 pm There have been far worse times to start stacking silver. For what it's worth, with silver currently safely between $16 and $18 per troy ounce, I'm comfortable buying interesting silver coins and rounds when I find them. However, I am not currently buying mint tubes worth of coins or stacking bullion bars. For me the time for serious stacking hasn't arrived, not yet at least. But the current PM market does have my attention and I'm following it closely. Report this Post to the Staff
Libertad Pillar of the Community Canada 3692 Posts	Posted 04/02/2015 10:35 pm Single ounces are way too pricey and are marketed towards hoarders and lovers of shiny things. 10 Ounce bars are what you need - still easy to split up into smaller bits should you need to and at the same time way cheaper than ounces. It all comes down to how much you buy at one time - just save up for one bar instead of wasting money buying a couple ounces here and there. Is silver a good buy right now? Answer these first: Where's your comfort level? When are you selling? Don't get sucked into buying shiny bullion coins with pretty pictures and reliefs. If it's metal you want, then pay for the metal. The price is lower than it was when I started getting involved in PMs but I don't see the crazy world turmoil that was apparent in 2010-2011. Crappy Canadian dollar doesn't help. If I lived in the US I'd stack monthly but I don't do that anymore. Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21788 Posts	Posted 04/02/2015 11:03 pm If it is strictly silver that you are considering, buy or sell it in the largest bars that your budget will allow, so that the %tage premium per bar is lowest, and also relative to the principle of dollar cost averaging. Google 'dollar cost averaging' to see how that principle can work to save you money. If it is silver rounds that are your 'thing', then the higher premium per ounce will not worry you overly much. Trying to guess the future short and long term price trends of silver is akin to asking: "How long is a piece of string?" And, yes, I do have a small amount of bullion silver (50 ounces) gold (5 ounces) and platinum (one ounce), all accumulated over the last 30 years or so. Edited by sel_69l 04/02/2015 11:06 pm Report this Post to the Staff
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