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Ardent Listener
Administrator
    
 USA
4841 Posts |
Posted - 05/04/2010 : 09:48:21
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GOLD 1,179.74 $ -2.56 -0.22% SILVER 18.22 $ -0.55 -2.93% WTI CRUDE 84.02 $ -2.17 -2.52% 10:46 AM EST
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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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Ardent Listener
Administrator
    

USA
4841 Posts |
Posted - 05/04/2010 : 10:04:48
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GOLD 1,170.60 $ -11.70 -0.99% SILVER 17.98 $ -0.79 -4.21% WTI CRUDE 83.98 $ -2.21 -2.56% 11:04 EST |
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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Lemon Thrower
1000+ Penny Miser Member
    

USA
1588 Posts |
Posted - 05/04/2010 : 10:05:36
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| whats the alleged reason? |
Buying: Peace/Morgan G+ at $15.00 copper cents at 1.3X wheat pennies at 3X

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HoardCopperByTheTon
Administrator
    

USA
6807 Posts |
Posted - 05/04/2010 : 10:10:53
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I believe it's called "profit taking."  |
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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Ardent Listener
Administrator
    

USA
4841 Posts |
Posted - 05/04/2010 : 10:14:01
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quote: Originally posted by HoardCopperByTheTon
I believe it's called "profit taking." 
Profit? What's that?  |
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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Country
1000+ Penny Miser Member
    

USA
3121 Posts |
Posted - 05/04/2010 : 10:28:54
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BUY!! BUY!! BUY!! BULL market rules - BUY the DIPS. Bull markets always have short sharp corrections like this one.
BUY SOME PMs TODAY!!  |
---> 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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PennySaved
1000+ Penny Miser Member
    

USA
1720 Posts |
Posted - 05/04/2010 : 12:34:45
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| I've never seen so many major moves up and down. One day it seems to be up 50 cents and this it will drop $1 the next day and then trend back up again. |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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highroller4321
1000+ Penny Miser Member
    

USA
2648 Posts |
Posted - 05/04/2010 : 12:36:50
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| Definitly need to have a good stomach to invest in PM's! |
Copper Penny Investing www.portlandmint.com |
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dakota1955
1000+ Penny Miser Member
    

2212 Posts |
Posted - 05/04/2010 : 12:38:05
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| not if your are in for the long haul just let it ride! |
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highroller4321
1000+ Penny Miser Member
    

USA
2648 Posts |
Posted - 05/04/2010 : 12:44:19
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quote: Originally posted by dakota1955
not if your are in for the long haul just let it ride!
This is true, but it is never fun to watch your investments plumet |
Copper Penny Investing www.portlandmint.com |
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NDFARMER
1000+ Penny Miser Member
    

USA
1197 Posts |
Posted - 05/04/2010 : 13:22:29
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| Hoard did you buy a bunch of silver yesterday? |
COPPER - the "poormans" precious metal!!!
SELLING - $100.00 face copper shipped to you for $189.00 machine rolled or bagged - PM me if your interested. |
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UDEric
Penny Pincher Member
 

USA
202 Posts |
Posted - 05/04/2010 : 13:26:18
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| My guess is that due to the concerns in Greece you're seeing a "stronger" U.S. dollar (really by default) so that is killing the PM prices...but like dakota said if you're in for the long haul just keep stacking PM and don't worry about it. It's not if but when the dollar collapse is coming. |
"Three things cannot be long hidden: the sun, the moon and the truth" |
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Dalsuh
Penny Hoarding Member
   

USA
757 Posts |
Posted - 05/04/2010 : 13:26:46
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As soon as I saw the drop in pm's I knew the dow took a big hit. Dow down -246.07.
Bring it on baby, lol.
I'm ready! |
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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PennySaved
1000+ Penny Miser Member
    

USA
1720 Posts |
Posted - 05/04/2010 : 14:09:29
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Not sure if you guys remember when silver hit almost $20 a couple of years ago and then eventually dropped all the way down to the high $8 to $9 range then went back up into the $12 to $13 range
Everyone seemed too scared to invest in PMs with that big plummet and look where we are back up to today. |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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Country
1000+ Penny Miser Member
    

USA
3121 Posts |
Posted - 05/04/2010 : 14:24:50
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I bought some FCX at $69.46 today.  |
---> 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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Zyll
Penny Pincher Member
 
USA
214 Posts |
Posted - 05/04/2010 : 15:38:44
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quote: Originally posted by NDFARMER
Hoard did you buy a bunch of silver yesterday?
I bought on Friday, so that's why it dipped. |
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No82s
Penny Pincher Member
 

USA
198 Posts |
Posted - 05/04/2010 : 16:10:55
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quote: Originally posted by Country
I bought some FCX at $69.46 today. 
I was looking hard at that too! I'm going to stay until I see 65-67 though. |
The difference between an optimist and a pessimist is that the pessimist is better informed. |
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NDFARMER
1000+ Penny Miser Member
    

USA
1197 Posts |
Posted - 05/04/2010 : 16:11:29
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| I have been buying more than usual lately myself so it probably my fault. |
COPPER - the "poormans" precious metal!!!
SELLING - $100.00 face copper shipped to you for $189.00 machine rolled or bagged - PM me if your interested. |
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Beau
Penny Pincher Member
 

216 Posts |
Posted - 05/04/2010 : 16:50:57
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Down $.94 today? buy buy buy I will |
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Ardent Listener
Administrator
    

USA
4841 Posts |
Posted - 05/04/2010 : 17:03:44
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| U.S. and Euro stocks sharply down too. MSM says the money is moving into "safe" investments such as U.S. treasury bills. Like PennySaved reminded us, it took the drop from $20 to $9. If this is the start of the second dip of the "recession" then we may well see much lower prices again. Hang on because this ride may be bumpy. |
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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beauanderos
1000+ Penny Miser Member
    

USA
2408 Posts |
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beauanderos
1000+ Penny Miser Member
    

USA
2408 Posts |
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battlecat
Penny Pincher Member
 

152 Posts |
Posted - 05/04/2010 : 18:40:09
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quote: Originally posted by Zyll
quote: Originally posted by NDFARMER
Hoard did you buy a bunch of silver yesterday?
I bought on Friday, so that's why it dipped.
Ha me too! Im hoping for a huge drop in about two weeks so I can pick up a bunch |
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beauanderos
1000+ Penny Miser Member
    

USA
2408 Posts |
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battlecat
Penny Pincher Member
 

152 Posts |
Posted - 05/04/2010 : 21:03:52
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| Yep seems to happen every year and I predict a rise around October..... |
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wolvesdad
1000+ Penny Miser Member
    

USA
2164 Posts |
Posted - 05/05/2010 : 04:29:45
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:( I'm not ready to buy.....
I hope it stays strong for the next two years, then takes a nice drop to about $14 an ounce then quickly corrects back to $34/ounce. :D wishful thinking, I know! |
"May your percentages ever increase!" |
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