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GA-Silver
Penny Pincher Member
USA
238 Posts |
 Posted - 06/08/2009 : 14:30:05
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I see that silver is below $15 today. At what price will silver have to drop to before you invest MORE heavily in it??
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 06/08/2009 : 15:16:11
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| I'd like to see the $USD start to weaken again before I make further investments in silver. |
---> 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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Silver Surfer
Penny Pincher Member
USA
148 Posts |
Posted - 06/08/2009 : 15:56:18
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| If it starts dropping down to 12 again, I'll be tempted to buy a few more 10 oz bars. |
"Of all tyrannies, a tyranny exercised for the good of it's victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busy-bodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end, for they do so with the approval of their own conscience." - C.S. Lewis |
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Neckro
1000+ Penny Miser Member
Saudi Arabia
2080 Posts |
Posted - 06/08/2009 : 16:52:23
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| I dunno, but I'll buy it when I can afford to do so |
Trolling is an art. |
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keys
Penny Collector Member
383 Posts |
Posted - 06/08/2009 : 18:19:23
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I do as Necro mentioned, I buy when I have the cash.
I had read somewhere that the silver market (as manipulated as it is) tends to behave like the stock market-
Sell in May
and go away
get back in after Columbus Day
Though this advice is for the markets, commodities as well as stocks.
I say buy physical where you can, keep your eyes open, you never know when some silver will pop up for under $15 per ounce. |
I change with the times-
but like silver coins found in your change
I stay the same.
*****************
The United States of America started out as the new Republic of Rome.
Will The United States of America end up as the New Imperial Rome? |
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Mikep2020
Penny Collector Member
USA
402 Posts |
Posted - 06/08/2009 : 19:52:04
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| I'm always picking up silver a little at a time, 2-3 oz's a week in either 90% or morgans/peace dollars. But i'll buy some bullion if it drops below $14, say 10-20 oz, or if it drops below $13, i'll pick up around 50 oz's if I can. |
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oober
1000+ Penny Miser Member
USA
1304 Posts |
Posted - 06/08/2009 : 20:06:33
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I usally pick up more Morgans during higher prices. I get these closer to spot now, but will maintain their premium fairly well if silver drops back down.
9$ silver EF Common Date Morgans 18-20
15$ silver EF Common Date Morgans 19-21
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Nickelless
Administrator
USA
5580 Posts |
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buyingsilvers
Penny Collector Member
441 Posts |
Posted - 06/08/2009 : 21:07:11
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IONO. Maybe $12 or something. I'm content with my current stockpile & only add to it through prospecting.
Recently, been focusing on accumulating my first ton of copper & slowly building preps. |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 06/08/2009 : 21:17:44
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| I try to buy some everyweek I smile more when the price is down. |
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 06/08/2009 : 22:48:11
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I dollar cost average, but try to buy more on the dips. Lately though, I seem to be hooked on doing VAM searches for Morgans and Peace Dollars. I was lucky enough to find one of these today in the common silver dollar bin for $15:
You must be logged in to see this link.
This one is going off to PCGS so we'll see what they say. |
My hobby: collecting real money 1 copper cent or nickel at a time.
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Silver question
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