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Announcement! It's time to buy silver!

RussRuss Posts: 48,514 ✭✭✭
in U.S. Coin Forum
Today's price put me at about breakeven, so I just unloaded the stuff I've accumulated over the last few months. It will now make a vertical upward run! image

Russ, NCNE
eBay consignment sales | | Collectibles from Resco CCC

Comments

  • JoflaxJoflax Posts: 979 ✭
    Thanks I have been waiting for the go ahead , I will tap my home equity in the morningimage
    Buy the dips!!!
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Based on your informed input, I have just mortgaged the farm and purchased silver - A LOT of it... Cheers, RickO
  • CamarasaCamarasa Posts: 244
    Hey Russ, why would you unload today? It's just run up from 11.50-ish and with the next rate cut pending don't you think it has a bit further to go?
    image
  • seateddimeseateddime Posts: 6,180 ✭✭✭
    image
    I seldom check PM's but do check emails often jason@seated.org

    Buying top quality Seated Dimes in Gem BU and Proof.

    Buying great coins - monster eye appeal only.
  • asinasin Posts: 336
    I will say $14.50 by XMASS.
  • 57loaded57loaded Posts: 4,967 ✭✭✭


    << <i>Based on your informed input, I have just mortgaged the farm and purchased silver - A LOT of it... Cheers, RickO >>



    I have sold my kids, too....(goats)

  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Hey Russ, why would you unload today? It's just run up from 11.50-ish and with the next rate cut pending don't you think it has a bit further to go? >>



    It probably does have further to go. But then, maybe not. I don't know. I don't buy silver as a profit strategy. It's just stuff that has come in a little at a time as part of collections I've bought. But, I picked up a good portion of it when silver was over $14 so for a while I was in the red. My goal was simply to breakeven.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • coinkatcoinkat Posts: 23,816 ✭✭✭✭✭
    Russ:

    I am shocked and saddened that you did not have a more scientific and reasoned approach to your decision... image No chart? Did you look at 90 day moving average for silver and support and resistance levels?

    Experience the World through Numismatics...it's more than you can imagine.

  • SpaceMonkeySpaceMonkey Posts: 3,311 ✭
    thanks for the tip Russ! Worked like a charm image

    /ed



    image

    The Maddy Rae Collection
    CURRENT BST OFFERINGS
  • mojomanmojoman Posts: 2,665


    << <i>I will say $14.50 by XMASS. >>



    before then, and I would guess 15.00++ image CHA-CHING $$$$$$$



    SILVER >going cheap


    silver


    kitco spot price
    Ebay Seller I.D
    the_northern_trading_company
    ace@airadv.net
    imageimage
  • DeadhorseDeadhorse Posts: 3,720 ✭


    << <i>

    << <i>I will say $14.50 by XMASS. >>



    before then, and I would guess 15.00++ image CHA-CHING $$$$$$$



    SILVER >going cheap >>



    I'm sticking with my $17 prediction for December. We typically have a strong run up before the Holidays.

    OTOH, I'm beginning to wonder what's typical anymore.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • ttownttown Posts: 4,472 ✭✭✭
    You can tell it's about time to sell since the media is starting to get into the act.

    Gold hits 28 year high
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    The media is almost never right....and never wrong. Just ask them.

    Thanks for the tip on silver. It's already heading upwards.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • RussRuss Posts: 48,514 ✭✭✭
    I may have been wrong.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • LongacreLongacre Posts: 16,717 ✭✭✭
    Which stocks are you selling today, Russ????image
    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)
  • JoflaxJoflax Posts: 979 ✭


    << <i>Which stocks are you selling today, Russ????image >>

    Yeah Russ , where are you ? Start a newsletter man!!!
    Buy the dips!!!
  • BobGreeneBobGreene Posts: 952 ✭
    Whenever investing gurus start going on about how it's time to buy, that usually means it's time to sell..


    Bob

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