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 Replies: 10 / Views: 1,785 |
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Pillar of the Community
United States
2130 Posts |
I was wondering what everyone's thoughts were on buying silver at the $40.00 per oz range.
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Valued Member
United States
71 Posts |
I don't believe there is really a BAD time to buy silver, but there are definitely better times than others!  Everyone has their reasons for buying PM's. Some are collectors, some are investors and some (like me) are doing it to protect against a weak US dollar and fiat currency. The way I see it is that even buying at $40, silver is trending up so you will find it to be a good investment. Edited by Geardaddy
05/10/2011 09:17 am
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Pillar of the Community
 United States
2448 Posts |
Edited by carmykle
05/10/2011 10:36 am
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Valued Member
Canada
442 Posts |
Dollar cost average!
get what you can, when you can afford it. I picked up 10 grizzlies at about 38 and havnet looked back!
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Pillar of the Community
United States
1213 Posts |
Like Vinny said, "get what you can when you can afford it."
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Pillar of the Community
1283 Posts |
I really liked silver at $34 last week but anything under $50 is a bargain IMO. Everything is still being priced as if silver was still in the upper $40's, heck ASE are still $50 each online. Keep buying |
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Pillar of the Community
United States
1150 Posts |
When silver goes above $50, you will look back on $45 silver as a bargain.
When it hits $75, $50 will be a bargain.
Etc..., Etc..., Etc...
Like all of the guys above said, buy when you can. Every price is a bargain right now when you are able to trade a rapidly deflating, fiat paper currency for real, cold, hard silver!
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Pillar of the Community
United States
648 Posts |
Silver is rising. By next Friday it will be higher and that's when I actually have funds to purchase. BLAH!!
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Pillar of the Community
1283 Posts |
Man tripncoins I hope you are right. I am hoping to sell some of my 90% and move to old gold coins.
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Valued Member
United States
62 Posts |
I would be buying lots of silver right now if I wasn't paying off debts first...including the money I owe my brother for building me this computer hahaha
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Pillar of the Community
United States
4008 Posts |
To buy or not to buy... that is the question. To answer it, ask yourself WHY you are buying silver in the 1st place. There are many good reasons for buying and few for not buying.
As a bullion collector, I like to buy a little silver here and there as I can. Price is less of an issue for me because I want to build a silver hoard over time. This is just like dollar cost averaging into a stock or mutual fund position.
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Replies: 10 / Views: 1,785 |
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Posted 05/10/2011 09:37 am
