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Gold And Silver Way Down...anyone Buying?

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Pillar of the Community

United States
560 Posts
 Posted 09/10/2008  5:05 pm Show Profile   Bookmark this topic Add ichirensha to your friends list Get a Link to this Message Number of Subscribers
I bought a tenth ounce AGE and a few Austrian philharmonic silver ounces on bulliondirect.com. The silver was $13.08 an ounce!!
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daviscfad's Avatar
United States
4541 Posts
 Posted 09/10/2008  5:31 pm  Show Profile   Bookmark this reply Add daviscfad to your friends list Get a Link to this Reply
Its very tempting
Pillar of the Community
m9frank's Avatar
United States
628 Posts
 Posted 09/10/2008  6:54 pm  Show Profile   Bookmark this reply Add m9frank to your friends list Get a Link to this Reply
Me
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daviscfad's Avatar
United States
4541 Posts
 Posted 09/10/2008  7:09 pm  Show Profile   Bookmark this reply Add daviscfad to your friends list Get a Link to this Reply
just broke bad and bought 62 ounces
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MorganNoob's Avatar
United States
533 Posts
 Posted 09/10/2008  7:14 pm  Show Profile   Bookmark this reply Add MorganNoob to your friends list Get a Link to this Reply
I am really thinking about it, but if I do buy, I am going to buy about 25 oz at a time, wait a week and see where prices are. If the are lower, but I still think is will recover, another 25 oz or so. If lower and I change my mind and decide it is going to drop I will sell some. Just a little higher, but looking promising, 25 maybe 50 oz. Jumps way up past $15 again, happy that I bought that 25 in the first place...

Or something like that. Split up the entire amount that you would like to have in silver/gold and buy it in 2-4 trades, and with the way it has been bouncing, I would say 4. IMO...
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daviscfad's Avatar
United States
4541 Posts
 Posted 09/10/2008  7:27 pm  Show Profile   Bookmark this reply Add daviscfad to your friends list Get a Link to this Reply
its going to go back up only a matter of time... I think if it keeps dropping They will halt sells again..or say they are not available... just keep buying just keep buying... But I agree with you morgannoob on the buying 25 per week
Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 09/10/2008  8:34 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I just bought 200 ounces today from kitco and if it happens to fall to 7.00 a ounce I will buy another 200 ounces. That is the price I bought all my silver at a couple years ago and sold it at at 16 and 20 dollars a ounce
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1337's Avatar
United States
656 Posts
 Posted 09/10/2008  8:35 pm  Show Profile   Bookmark this reply Add 1337 to your friends list Get a Link to this Reply
Me.
I buy them.
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daviscfad's Avatar
United States
4541 Posts
 Posted 09/10/2008  8:39 pm  Show Profile   Bookmark this reply Add daviscfad to your friends list Get a Link to this Reply

Quote:
I just bought 200 ounces today from kitco
sweet didnt have that kinda flow today but I think I am gonna buy another 15 in a couple of days. I bought the maple leafs b/c premium is lower
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1337's Avatar
United States
656 Posts
 Posted 09/10/2008  8:39 pm  Show Profile   Bookmark this reply Add 1337 to your friends list Get a Link to this Reply
Im about to buy 50 Maple Leaf Canadian Dollars for 674+,
is bulliondirect trustable and how long is shipping?
Pillar of the Community
United States
560 Posts
 Posted 09/10/2008  8:46 pm  Show Profile   Bookmark this reply Add ichirensha to your friends list Get a Link to this Reply
I've been buying from them for about two years now. I accumulate $1000 worth of metals and then take physical delivery. I've always been happy with my purchases. The shipping, while not lightening fast, hasn't been unreasonably slow either. They have a forum where you can read about other member's experiences with the company's shipping etc.
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1337's Avatar
United States
656 Posts
 Posted 09/10/2008  8:48 pm  Show Profile   Bookmark this reply Add 1337 to your friends list Get a Link to this Reply
Also, ship hold order at once or Partail?
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BadThad's Avatar
United States
19949 Posts
 Posted 09/10/2008  9:06 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
My fav coin shop and bullion dealer has NO gold for sale. He always has "junk" gold to sell, I was shocked that he had none last week.
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