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 Bullion Coins and Metals Investing Forums
 Silver Bullion, Gold, & other Bullion Metals
 silver price drop
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dakota1955
1000+ Penny Miser Member


2212 Posts

Posted - 02/26/2009 :  14:19:16  Show Profile  Send dakota1955 a Yahoo! Message Send dakota1955 a Private Message
See that silver took a good hit in price today. Still a great time to get more and maybe at a better price. I you can't find a good deal today wait till tomorrow.

Lemon Thrower
1000+ Penny Miser Member



USA
1588 Posts

Posted - 02/27/2009 :  06:34:50  Show Profile Send Lemon Thrower a Private Message
this stuff goes in cycles. look at the 50 and 200 day moving averages. some believe the price is manipulated. if it breaks the 50, it will keep going.

on the other hand, when the price is down, demand for coins is very high, supply hard to find, and premiums high. so most of the benefit of timing the market disappears.

Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X


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Nickelless
Administrator



USA
5580 Posts

Posted - 02/27/2009 :  07:10:10  Show Profile Send Nickelless a Private Message
In other words, the beatings will continue until morale improves


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Computer Jones
1000+ Penny Miser Member



USA
1112 Posts

Posted - 02/27/2009 :  14:16:56  Show Profile Send Computer Jones a Private Message
some believe the price is manipulated.

Ain't no two ways about it, the price is manipulated...
Git as much as you can while the gittin's good!

There's profit if you melt things!!
8{>
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