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Country
1000+ Penny Miser Member
USA
3121 Posts |
 Posted - 01/10/2010 : 18:55:14
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Why? My guess is that the weak jobs report of last week led to the end of the $USD rally. It appears that the FED will not be able to raise interest rates any time soon, with a now weaker than expected US economy. A stronger $USD is not in the cards.
I think we're heading for new highs in GOLD and $20+ SILVER soon. Did you BUY more PMs during the latest selloff?
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---> 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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Edited by - Country on 01/10/2010 19:11:49 |
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giddyup99
Penny Pincher Member
USA
154 Posts |
Posted - 01/10/2010 : 19:16:18
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| I think you are correct. Should be a good run. |
Experience is what you get when you don't get what you want. |
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aloneibreak
Penny Hoarding Member
USA
672 Posts |
Posted - 01/10/2010 : 19:54:53
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would of liked to buy some 90% during the dip but couldnt round up any extra cash. silver should break through $20 this time but i dont think it will be this week. but im no expert by any means...
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My reading of history convinces me that most bad government results from too much government.
Thomas Jefferson
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theo
Penny Hoarding Member
USA
588 Posts |
Posted - 01/10/2010 : 20:06:18
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| Although I'm confident silver will be a great investment in the long run, I've given up trying to predict day to day or week to week moves. I try to buy on dips and when prices move higher I hope for another dip. . |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 01/10/2010 : 20:10:38
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| I bought during the correction and I bought some more (much less though) yesterday. |
Realcent.forumco.com disclosure. Please read.
All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 01/10/2010 : 22:05:22
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| got more silver eagles |
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Dalsuh
Penny Hoarding Member
USA
757 Posts |
Posted - 01/10/2010 : 22:11:39
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Yes, and I was also able to sell to RCM's for good prices. Woohoo for all of us.
I also herded some Buffalo generic bullion for $15 per ounce! We were even discussing the silver price but he just decided to sell for $15 each.
Pictures coming! |
PACK THE FORUM EVERY MONDAY NIGHT
Eastern 9 PM
Central 8 PM ( Forum Time )
Mountain 7 PM
Pacific 6 PM ( HoardCopperByTheTon Time)
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Dalsuh
Penny Hoarding Member
USA
757 Posts |
Posted - 01/10/2010 : 22:33:00
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quote:
Originally posted by Dalsuh
Yes, and I was also able to sell to RCM's for good prices. Woohoo for all of us.
I also herded some Buffalo generic bullion for $15 per ounce! We were even discussing the silver price but he just decided to sell for $15 each.
Pictures coming!
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PACK THE FORUM EVERY MONDAY NIGHT
Eastern 9 PM
Central 8 PM ( Forum Time )
Mountain 7 PM
Pacific 6 PM ( HoardCopperByTheTon Time)
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 01/10/2010 : 22:39:21
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Wow.. that's a nice herd!  |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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wolvesdad
1000+ Penny Miser Member
USA
2164 Posts |
Posted - 01/11/2010 : 01:41:14
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| How did you get it that cheap? Must have been a private transaction, not a bullion/coin dealer. |
"May your percentages ever increase!" |
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PreservingThePast
1000+ Penny Miser Member
USA
1572 Posts |
Posted - 01/11/2010 : 12:34:54
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| I was good and didn't buy any silver at the FUN Show so there shouldn't be any danger of it crashing in price. That's always what happens when I buy any, no matter how small the amount. |
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 01/11/2010 : 12:45:52
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| if you look at the price moves up, they are starting to look phony. afterhours between Sun and Mon for example in silver. they could be taking it up just to take it down again. |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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fb101
Administrator
USA
2856 Posts |
Posted - 01/11/2010 : 17:33:27
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| I am not convinced this is the next leg up. There are reasons to question it. I still wish I had bought more on the recent dip, but I think there will be another shortly. I need to see the dollar break below it's 50 day moving average before I look for the next stop which should be about $1310/$21 by my reckoning. It WILL come, it's just a matter of when. |
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AGgressive Metal
Administrator
USA
1937 Posts |
Posted - 01/11/2010 : 17:49:56
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quote:
Originally posted by Lemon Thrower
if you look at the price moves up, they are starting to look phony. afterhours between Sun and Mon for example in silver. they could be taking it up just to take it down again.
I see it more as the Asians being ahead of the curve - they are less loyal to King Dollar and are looking for something of value. Also keep in mind that the Asian currencies have strengthened against the dollar, so the prices don't seem as high to them as they do to us. US banks have a lot of short positions so they wouldn't want to drive the price up too much unless they were really confident they could push it back down before a short squeeze took place. Just my two cents. |
And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
-Caxton's edition of Aesop's Fables, 1484 |
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misteroman
Administrator
USA
2565 Posts |
Posted - 01/12/2010 : 00:50:02
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| picked up 2 10oz at teh FUN show thanks to Highroller |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
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The Finest
Penny Sorter Member
USA
56 Posts |
Posted - 01/12/2010 : 01:31:41
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| Nice score on the silver buffalos, regardless of if silver will soon dip again you can't turn down $15 an ounce. I wish I had your connections! |
A fool and his money are soon parted. I would pay someone a lot of money to explain that to me.-Homer Simpson |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 01/12/2010 : 01:43:43
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| If you ever want to thin that herd a little.. let me know. Pretty sure I can find good grazing for them here. |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 01/12/2010 : 05:37:23
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quote:
Originally posted by AGgressive Metal
quote:
Originally posted by Lemon Thrower
if you look at the price moves up, they are starting to look phony. afterhours between Sun and Mon for example in silver. they could be taking it up just to take it down again.
I see it more as the Asians being ahead of the curve - they are less loyal to King Dollar and are looking for something of value. Also keep in mind that the Asian currencies have strengthened against the dollar, so the prices don't seem as high to them as they do to us. US banks have a lot of short positions so they wouldn't want to drive the price up too much unless they were really confident they could push it back down before a short squeeze took place. Just my two cents.
everything you say is true in general, but any profit maximizing buyer would not buy in such a way as to send the price through the roof like it did in Asia monday morning. so its no surprise that its coming right back down. There are no markets anymore, only interventions. |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 01/12/2010 : 16:07:08
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| price of silver has dropped from 18.90 to 18.25. |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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zerocd
Penny Hoarding Member
555 Posts |
Posted - 01/13/2010 : 11:54:53
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| $18.60 at the moment. |
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slickeast
1000+ Penny Miser Member
USA
2533 Posts |
Posted - 01/13/2010 : 14:43:02
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SILVER and GOLD on the Move...... It is always on the move, either up or down.
DO you want to sell....then you want it to go up.
Do you want to buy.....then you want it to go down
No matter which way it is going, there is an opportunity for everyone. Sell off your 40% and 90% when it is UP and buy .999 when it dips. |
You don't have to be the BEST you just have to be.......SLICK
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 01/13/2010 : 15:29:27
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quote:
Originally posted by slickeast
SILVER and GOLD on the Move...... It is always on the move, either up or down.
DO you want to sell....then you want it to go up.
Do you want to buy.....then you want it to go down
No matter which way it is going, there is an opportunity for everyone. Sell off your 40% and 90% when it is UP and buy .999 when it dips.
JUST BUY, BUY, BUY!!  |
---> 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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wolvesdad
1000+ Penny Miser Member
USA
2164 Posts |
Posted - 01/14/2010 : 01:40:46
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I would like to meet slickeast. Sir, if you're ever in south texas I'll provide the beer if you'll bring the cigars.
sorry, his 'matter of fact' post just gave me a chuckle! I'd like to meet most of the members on the forum....and one day, at one Get Together, I will!!! |
"May your percentages ever increase!" |
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The Finest
Penny Sorter Member
USA
56 Posts |
Posted - 01/15/2010 : 12:31:52
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| 40%, 90%, or .999 silver is silver, up or down I gotta buy when I see a good deal :) |
A fool and his money are soon parted. I would pay someone a lot of money to explain that to me.-Homer Simpson |
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zerocd
Penny Hoarding Member
555 Posts |
Posted - 01/15/2010 : 12:33:41
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Friday dip.
Silver $18.40
Gold $1128.80 |
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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 01/15/2010 : 12:46:30
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quote:
Originally posted by The Finest
40%, 90%, or .999 silver is silver, up or down I gotta buy when I see a good deal :)
Although I prefer the higher fineness, I won't turn my nose at 50%, 64%, 70%, 72%, 75%, 80%, 83.5% or 92.5% if it is priced right.
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SILVER and GOLD on the Move!!
Forum Locked
