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wagsthadog
Penny Hoarding Member
USA
565 Posts |
 Posted - 08/08/2008 : 11:57:32
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Hi all,
If anyone is like me, and substantially into Precious metals, it's likely that you're viewing these recent price collapses with distaste.
I'm not sweating it one bit. There's so much going on in the world today that it's insane to think that gold, silver, and copper are "no longer needed" and all is well.
I'm using this opportunity to buy buy buy! DCA!
And to celebrate, I'm going to hunt a box of dimes, some halves, and $100 in pennies today!
Any thoughts?
Peace and Preparedness,
wags
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Only when they CAN'T have it, ......THEN they'll want it.
I love Cents. If you get an UNC box, you win. If you get a regular circ. box, you win. If you get a zinc box, you don't lose....so you still win. |
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pencilvanian
1000+ Penny Miser Member
USA
2209 Posts |
Posted - 08/08/2008 : 16:04:18
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| I am not getting beat up over the price decline since I don't need to sell. My silver and gold will just sit around and collect dust as this price decline happens. It seems as though every other year around summertime PMs get knocked down in price only to bounce back up again a year later. Hopefully it will be the same this time around too. |
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fb101
Administrator
USA
2856 Posts |
Posted - 08/08/2008 : 19:29:43
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| IF I was selling, I'd be hurting, but... no need, and I still believe time is on our side. |
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Steiner
Penny Collector Member
Canada
278 Posts |
Posted - 08/08/2008 : 20:59:28
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I am not being beat up but I am a bit disappointed that the price is dropping.
I am buy a undervalued set of Morgan dollars and A WW2 German Paratroopers badge paying them off on time. All the money I should be spending on silver is now going to this and it kills me I was expecting the price to continue to rise.
Oh well I am getting all these items at a good price so either way I am winning.
Steiner |
Steiner |
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ScottyTX
Penny Hoarding Member
USA
508 Posts |
Posted - 08/08/2008 : 21:20:26
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| I not hurting one bit, actually hoping it will drop some more so I can start buying up some more!! |
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jpf231
Penny Collector Member
USA
340 Posts |
Posted - 08/09/2008 : 08:39:01
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| You only win or lose when you sell - no worries - good buying opportunity - Let the other guy sell a little low. |
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Topic |
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Anybody getting beat up by recent price drop?
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