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buy silver yet or wait?

holeinone1972holeinone1972 Posts: 5,348 ✭✭✭
in U.S. Coin Forum
So I know my crystal ball is broke and so is yours, but I am just wondering if you guys are starting to buy silver in larger orders yet or are you still waiting?

Rob

At time of message silver $12.14

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Comments

  • saintgurusaintguru Posts: 7,724 ✭✭✭
    wait...let the correction run it's course. It's just getting fun. You'll know when capitulation occurs.
    image
  • RedTigerRedTiger Posts: 5,608 ✭
    I"d only buy if I could quick flip in a day or two, and I that is not my style and I have little confidence in a definite bounce. It helps if a person is on the right side of the bid/ask. If a person can find a motivated seller (say 10% under spot) that might be worth doing. Otherwise, I am waiting for a low risk entry point. If a person likes to roll dice, these are the days in silver and gold.

    With all that, if a person has zero precious metals and wants in, it is fine to start a gradual accumulation, no matter the price. This is what the average collector should focus on in any case. In my view, trying to time the market for amateurs is like trying to play golf against a pro for money, often big money. The odds are way against you, and you'll hear every story about when the amateur won, and none of the ones about the pro eating their lunch. The odds of losing go up in volatile markets like silver is right now.
    Investment blog: gold, stocks and more
  • ttownttown Posts: 4,472 ✭✭✭
    You need to average buy a little every week. When this turns around it will be strong and you won't get a chance to buy again for awhile at a higher level. Never drop all you money on PM's trying to find a bottom, you just never know.
  • 291fifth291fifth Posts: 24,416 ✭✭✭✭✭
    I don't have a clue.
    All glory is fleeting.
  • carlcarl Posts: 2,054 ✭
    Buy, buy, buy now. I've got it on good authority that Silver will be about $15 an ounce in the year 3072.
    Carl
  • ledzep87ledzep87 Posts: 1,108 ✭✭✭
    Carl,

    I believe that you have made a very bad mistake.......silver will be back at $15 by 2104, not 3072. imageimage
    Great transaction with: Relaxn, Collectorcoins, OKCC
  • ttownttown Posts: 4,472 ✭✭✭
    I believe Silver will be in the 20's by the end of the year. Just keep in mind as gold approachs $800 you could see wild swings of as much as $100 in a day as the powers to be try to shake buying gold and staying in flat money.....they'll lose, wait and see.
  • GemineyeGemineye Posts: 5,374 ✭
    You mean the Lone Ranger is selling his Horsey.!!!!!!!.....???????

    .....................................................image
    ......Larry........image
  • PerryHallPerryHall Posts: 46,325 ✭✭✭✭✭
    Wait till it gets back below $4 ounce.




    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • cohodkcohodk Posts: 19,284 ✭✭✭✭✭
    Silver has a history of correcting 30-35%.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • stiffystiffy Posts: 407
    When most people say to buy, it is time to sell. And when most say to sell, it is time to buy.
  • DrizztDrizzt Posts: 1,036 ✭✭✭
    lol....when I can get SAE's delivered to my door for $11 each...I'll be in for a few more image
  • Steve27Steve27 Posts: 13,274 ✭✭✭
    When the curve flattens or goes up it's time to buy:

    image
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • hiyosilverhiyosilver Posts: 1,216


    <<You mean the Lone Ranger is selling his Horsey.!!!!!!!.....???????>>



    With the price of gasoline these days!?! No way!!image
    Monday April 10, 2006 9:04 AM

    SM1 calls me a troublemaker....image

    --------------------------------------------
    Sunday August 19, 2007 9:17AM

    A mentor awarded " YOU SUCK!!"
  • LongacreLongacre Posts: 16,717 ✭✭✭
    With the huge run up in price (percentage wise), shouldn't you be looking to sell?
    Always took candy from strangers
    Didn't wanna get me no trade
    Never want to be like papa
    Working for the boss every night and day
    --"Happy", by the Rolling Stones (1972)
  • INXSINXS Posts: 1,202 ✭


    << <i>wait...let the correction run it's course. It's just getting fun. You'll know when capitulation occurs. >>




    I'll listen to SG. "When SG speaks everyone listens". image
    "Well here's another nice mess you have gotten me into" Oliver Hardy 1930
    image

    BST successful dealings with:MsMorrisine, goldman86
  • BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭
    Buy. Where else are you going to put your rapidly inflating dollars? Gold is even better.

    Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1

  • MrKelsoMrKelso Posts: 2,907 ✭✭✭
    Wait another little bit. all the big money should be cleared out by Monday at the end of the trade day 2imagem eastern time.
    Then jump in and BUY!!


    "The silver is mine and the gold is mine,' declares the LORD GOD Almighty."
  • TorinoCobra71TorinoCobra71 Posts: 8,054 ✭✭✭


    << <i>wait...let the correction run it's course. It's just getting fun. You'll know when capitulation occurs. >>



    Wisdom Coming From A GOLD Person About Silver.........

    image

    TorinoCobra71

    image
  • RedTigerRedTiger Posts: 5,608 ✭


    << <i>

    << <i>wait...let the correction run it's course. It's just getting fun. You'll know when capitulation occurs. >>



    Wisdom Coming From A GOLD Person About Silver.........

    image

    TorinoCobra71 >>



    SaintGuru NAILED it:
    Friday May 12, 2006 7:46 AM -- Sell bullion now. $720/$14.40
    thread

    He says he has 30 years experience trading commodities, or about 30 years more than most others contributing here. Guess whose comments I take seriously, and whose I use as contrary indicators?
    Investment blog: gold, stocks and more
  • SlangNRoxSlangNRox Posts: 774 ✭✭
    I'm waiting for $12 to buy. I have no idea if it will drop to that, bu I have yet to buy at anything over $10.
    When I do by it will probably be a few 100 oz in the silver ETF. I'm getting tired of digging up my backyard to bury these bars.
  • UncleWigglyUncleWiggly Posts: 2,467


    << <i>

    << <i>

    << <i>wait...let the correction run it's course. It's just getting fun. You'll know when capitulation occurs. >>



    Wisdom Coming From A GOLD Person About Silver.........

    image

    TorinoCobra71 >>



    SaintGuru NAILED it:
    Friday May 12, 2006 7:46 AM -- Sell bullion now. $720/$14.40
    thread

    He says he has 30 years experience trading commodities, or about 30 years more than most others contributing here. Guess whose comments I take seriously, and whose I use as contrary indicators? >>




    "Guess whose comments I take seriously," Could it be Dana Samuelson?



    Jerry
  • MrKelsoMrKelso Posts: 2,907 ✭✭✭


    << <i>I'm waiting for $12 to buy. I have no idea if it will drop to that, bu I have yet to buy at anything over $10.
    When I do by it will probably be a few 100 oz in the silver ETF. I'm getting tired of digging up my backyard to bury these bars. >>



    image

    I have one of my green monster boxes holding the basement inner door opened so that the dogs can jump up on there bed in the back room. image


    "The silver is mine and the gold is mine,' declares the LORD GOD Almighty."
  • DeepCoinDeepCoin Posts: 2,781 ✭✭✭
    I subscribe to the option that it is never a bad thing to take a profit, so I have sold the little bullion and gold I own. The market is too volitile for a small player like myself who doesnt really understand the enormous paper positions in silver and what it might mean to me.

    This is the time for the professionals. I will sit on the sidelines for a year or two and accumulate other things that I am more knowledge about. Just MHO on this.
    Retired United States Mint guy, now working on an Everyman Type Set.
  • mojomanmojoman Posts: 2,665
    Wait, it will go down a little more ,THEN........... UP TO OR OVER 15.00 image INSIDE TRADING LOL, I have told this before about silver going up, it did ,and so will gold ,IF..... IRAN IS A PROBLEM THEN IT WILL REALLY TAKE OFF........ MOJONOSTRODOMUSimageimageimageimage
    Ebay Seller I.D
    the_northern_trading_company
    ace@airadv.net
    imageimage
  • cointagiouscointagious Posts: 847 ✭
    Commodities are dead meat.
    image
  • rsnetidrsnetid Posts: 47
    The dollar is dead meat! Which means silver and gold are a BUY! BUY! BUY! for the long run. The dollar will probably come back in the short term but the future of the dollar is dismal. What is the one thing that a air force takes with him besides a gun in case he's shot down? A gold coin, because it is recognized world wide as something of value!
  • librtyheadlibrtyhead Posts: 1,116 ✭✭✭
    I think silver would have to be actually used as something practical.A new technology that HAS to have it would work in order for it to rise significantly to some ungodly level.
  • holeinone1972holeinone1972 Posts: 5,348 ✭✭✭


    << <i>The dollar is dead meat! Which means silver and gold are a BUY! BUY! BUY! for the long run. The dollar will probably come back in the short term but the future of the dollar is dismal. What is the one thing that a air force takes with him besides a gun in case he's shot down? A gold coin, because it is recognized world wide as something of value! >>



    That is an interesting tidbit.

    Note to self, go shoot down lots of planes and get gold coins. LOL

    Just kidding!

    image

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