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 How Often Do You Check the Market Spot Price?
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Ant
Penny Hoarding Member


USA
894 Posts

Posted - 07/28/2009 :  20:56:35  Show Profile Send Ant a Private Message
Poll Question:
How often do you check the market spot price?

Sometimes I'll go a week or even two without checking it. I get busy and don't bother, since I check it on Kitco and if I go there I start reading the threads on their discussion board. The next thing I know, an hour has passed. (And I feel the need to check the price again.)

Usually though, I check it every couple of days, and always on Friday at the close of market.

Choices:

Multiple times per day
Once per day
Every couple of days
Once a week
No more than a few times per month


Lovely dimes, the liveliest coin, the one that really jingles. --Truman Capote

Coins are the metallic footprints of the history of nations. --William H. Woodin

Computer Jones
1000+ Penny Miser Member



USA
1112 Posts

Posted - 07/28/2009 :  21:19:17  Show Profile Send Computer Jones a Private Message
Daily (at the least).
I like to be ready if I stumble upon an opportunity.
Information is good when you want to buy or sell!

There's profit if you melt things!!
8{>
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daviscfad
1000+ Penny Miser Member



USA
1664 Posts

Posted - 07/28/2009 :  21:46:26  Show Profile Send daviscfad a Private Message
i would say daily for me. I used to check it a few times a day but have fallen slack

Inquiring minds want to know
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dakota1955
1000+ Penny Miser Member



2212 Posts

Posted - 07/28/2009 :  21:54:25  Show Profile  Send dakota1955 a Yahoo! Message Send dakota1955 a Private Message
Once per day I get a e-mail with the price and that is more than enought for what I need.
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Corsair
Penny Hoarding Member



811 Posts

Posted - 07/28/2009 :  22:01:59  Show Profile  Send Corsair a Yahoo! Message Send Corsair a Private Message
Once a day. When school is in session, I check it right when I get home.

So long, Realcent 1. Come visit us at Realcent.org!
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myfundsarelow
Penny Collector Member



USA
388 Posts

Posted - 07/28/2009 :  22:19:53  Show Profile Send myfundsarelow a Private Message
at least 5 times per day. you have to stay on top of the swings in prices. if you don't it could cost you big PEACE !!
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Nickelless
Administrator



USA
5580 Posts

Posted - 07/28/2009 :  22:56:19  Show Profile Send Nickelless a Private Message
Why worry about spot price unless you're looking to buy--or unless you're really in a financial bind and have no choice but to sell some PMs? I glance at spot prices every day when I check out the latest articles on Coinflation, but we've had threads before in which pretty much everyone agreed that trying to buy PMs to flip them for a profit is a pretty unreliable way to make a buck, and you might even lose money.


Visit my new preparedness site: Preparedness.cc/SurvivalPrep.net
--Latest article: Stocking up on spices to keep food preps lively

---------------

Be prepared...and prepared to help: http://www.survivalblog.com/charity.html

Are you ready spiritually for hard times? http://www.jesusfreak.com/rapture.asp

Edited by - Nickelless on 07/28/2009 22:57:50
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Market Harmony
1000+ Penny Miser Member



USA
1274 Posts

Posted - 07/29/2009 :  01:40:21  Show Profile Send Market Harmony a Private Message
I only look at the price when I buy or sell. I trade stocks all the time too, so I am buying, selling, and hedging SLV and AGQ often. At the end of each month, when I do inventory for the business, I record the spt price for valuation purposes.

I do look at whenever I see big market moves. The price action is intersting to me even if it is manipulated.

goto the new and improved realcent: http://realcent.org
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Gr33nday43
New Member



Uzbekistan
10 Posts

Posted - 07/29/2009 :  01:41:40  Show Profile  Send Gr33nday43 a Yahoo! Message Send Gr33nday43 a Private Message
I usually look a few times per week. It's not really all that important to me, as I'm in it for the long term.
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Country
1000+ Penny Miser Member



USA
3121 Posts

Posted - 07/29/2009 :  07:47:37  Show Profile Send Country a Private Message
Gotta know the price to gauge buying opportunities. I check it a few times during the day. I guess it depends how much you are buying and selling.

---> Come to the new and improved realcent: http://realcent.org

The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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Mikep2020
Penny Collector Member



USA
402 Posts

Posted - 07/29/2009 :  07:51:59  Show Profile Send Mikep2020 a Private Message
I check coinflation once a day after 2:00 pm for updated copper and nickel values along with the new articles. I also have a Metal Quotes App on my iphone that gives me up to the minute spot prices for gold, silver, platinum and palladium with +/- trends at the touch of a button that I check a few times a day.
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aloneibreak
Penny Hoarding Member



USA
672 Posts

Posted - 07/29/2009 :  13:31:10  Show Profile Send aloneibreak a Private Message
once a day is good enough for me. sometimes twice if im gonna be buying.

My reading of history convinces me that most bad government results from too much government.
Thomas Jefferson
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highroller4321
1000+ Penny Miser Member



USA
2648 Posts

Posted - 07/31/2009 :  21:51:03  Show Profile Send highroller4321 a Private Message
I look several times a day. Its nice just to know what things are doing. Sometimes you can get in on the huge swings in silver before a little correction hits.

Copper Penny Investing
www.portlandmint.com
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jonflyfish
Penny Hoarding Member



USA
693 Posts

Posted - 07/31/2009 :  22:05:51  Show Profile  Send jonflyfish a Yahoo! Message Send jonflyfish a Private Message
I'm trading in the markets (financial) all day long...in front of quotes day in and day out.

The first panacea for a mismanaged nation is inflation of the currency; second is war. Both bring a temporary (and false) prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunities.
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Cody8404
Penny Hoarding Member



USA
602 Posts

Posted - 08/10/2009 :  15:13:51  Show Profile Send Cody8404 a Private Message
I get an email for the daily close price. Funds have been really low recently so I have not been in either a buy or sell mode.

It is hard to trust the numbers. Dollars as a measure go up and down daily in relation to other currencies, each metal moves separate from the others, they all move separate to oil, not to mention the manipulation of each one to make the others look better.

Awake, O kings of the earth! Come ye, O, come ye, with your gold and your silver, to the help of my people, to the house of the daughters of Zion, to the help of the people of the God of this Land even Jesus Christ.
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PreservingThePast
1000+ Penny Miser Member



USA
1572 Posts

Posted - 08/10/2009 :  17:34:49  Show Profile Send PreservingThePast a Private Message
I like to check it several times a day. It gives me something to do, as well as staying informed.
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NotABigDeal
1000+ Penny Miser Member



USA
3890 Posts

Posted - 08/10/2009 :  17:38:25  Show Profile Send NotABigDeal a Private Message
Rarely ever. Maybe once a week? I catch it in the paper every now and then. I used to drive myself crazy looking all the time. Now, I just go with it. I can't check it all day due to work. I do check if I'm buying or selling of course. If I sat at home and traded all day or something, then things would be different.

Deal

Live free or die.
Plain and simple.

"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams
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NotABigDeal
1000+ Penny Miser Member



USA
3890 Posts

Posted - 08/10/2009 :  17:39:57  Show Profile Send NotABigDeal a Private Message
Voted, "No more than a few times per month". Looks I'm in the low 2% range. Odd ball me I guess....

Deal

Live free or die.
Plain and simple.

"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams
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