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Silver Took A Nice Dump Today.

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Valued Member

United States
59 Posts
 Posted 05/09/2016  7:57 pm Show Profile   Bookmark this topic Add Tips N Tails to your friends list Get a Link to this Message Number of Subscribers
Ran across 11 rolls of circulated walking liberties. Generally don't buy junk silver, so I checked what AMPEX sales a roll for. Noticed they had silver down into the $16.XX dollar range. Deciding if I should continue buying ASE, Leafs, Phils, and junk silver with prices jumping around. Just hard passing up spot prices on premium bullion but who's to say a month from now silver is back into $13.XX range. Thoughts from the bullion buyers?

By the way $9/WL a good deal?
Edited by Tips N Tails
05/09/2016 8:00 pm
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AgCoinAu's Avatar
Canada
3049 Posts
 Posted 05/09/2016  8:13 pm  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
Silver dropped a bit in price I would agree but I wouldn't be startled about it... not yet at least... 2-3 negative days would cause some concern for me... but not one... and it's well expected after the large boost silver has had lately... buyers might be a bit tired..
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BH1964's Avatar
United States
10982 Posts
 Posted 05/09/2016  8:20 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
By the way $9/WL a good deal?


Not unless they are better dates and/or XF/better. $9 for junk Walkers is too high to me.
ANA #R3154474
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Canada
9864 Posts
 Posted 05/09/2016  8:44 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
The Lone Ranger's horse did what?
Probably happens a lot more than once a day.
I wouldn't describe any of them as nice.
"Dipping" is not considered cleaning...
-from PCGS website
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trout1105's Avatar
Australia
7096 Posts
 Posted 05/09/2016  8:48 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
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ARcoins's Avatar
United States
280 Posts
 Posted 05/10/2016  12:20 am  Show Profile   Bookmark this reply Add ARcoins to your friends list Get a Link to this Reply
My opinion , should silver prices drop substantially, due to it's volatility that just becomes a buying opportunity.Of course it would not be a time to sell any. The simplest rule of investing is buy low,sell high. Were silver to drop to $5/oz, just a grand buying opportunity.
Edited by ARcoins
05/10/2016 12:21 am
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trout1105's Avatar
Australia
7096 Posts
 Posted 05/10/2016  01:59 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
Not to worry the Silver Phoenix will rise from the ashes
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stud722's Avatar
United States
1088 Posts
 Posted 05/11/2016  3:19 pm  Show Profile   Bookmark this reply Add stud722 to your friends list Get a Link to this Reply
DBM nice comment. Gave me the little laugh I needed.
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