What # are you waiting for?

Cladiator

I want to put a tad bit of profit from my silver into gold but there's no way I'm doing it right now. Was thinking of looking at $975 as a buy point. Think I'll be waiting super long for that? What's yours?

Coll3ctor

I would be putting it into silver

Wolf359

We'll let's put it this way. I can see silver at $50. I can't see Gold at $5000 or even $3000 right now. Down the road a few years,
yes.

PerryHall

<< <i>I want to put a tad bit of profit from my silver into gold but there's no way I'm doing it right now. Was thinking of looking at $975 as a buy point. >>



Is this your way of saying that you've stopped buying gold?

Cladiator

2 answers and yet 0 answers

Wolf359

Sorry.

The buying has seemed relentless to me on Gold and Silver. It might be a while.

cars

I'm waiting for a big drop then I'll be buying silver & Pd.

rgCoinGuy

Jennifer Aniston's.

OnlyGoldIsMoney

I am not waiting for a drop. I am buying in the present $995 to $1005 range.

Bear

In one year from now, silver will be at 21 dollars /oz

Cladiator

<< <i>In one year from now, silver will be at 21 dollars /oz >>

And what will gold be at?

57loaded

back in late 80 after the Hunt's fun with Ag and inflation was still pretty high gold was about $600 and silver @ $16

now gold is a wee bit under $1000 and silver is $16.60, i really don't know what that means other than i agree with rgCoinGuy.

renman95

<< <i>Jennifer Aniston's. >>



My preference is A. Jolie.

RedHerring

<< <i>And what will gold be at? >>



=============================

My gut is saying $1200 gold by fall 2010.


My current buy point for gold is under $900 which we should see within a few months.

Silver buy point is $13 and the better option at this point.

curly

Brother, I ain't sayin' gold won't go back to $975 but I do think the next five year forcast is up so it could be a while. If we don't find somebody to buy more debt, we're gonna fire up the presses.

My local B&M dealer sells me his 1oz AGEs for spot + $25. I figure I'm dollar averaging that way and I don't worry about the fluctuations.

Mesquite

Rob, you beat me to it! Although I'm waiting for Christy Brinkley's #

jmski52

What # are you waiting for?

I'm not waiting for a number. I'm waiting for the newspaper headlines to read, "Honest politician re-elected; working stiffs and savings to be rewarded."

Aside from that, when I sell it will be piecemeal on an "as needed" basis. Right now, I'm still accumulating with no reason not to continue. Price really is a secondary consideration if you average in or out.

My preference is A. Jolie.

You dawg!

ksammut

<< <i>What # are you waiting for?

I'm not waiting for a number. I'm waiting for the newspaper headlines to read, "Honest politician re-elected; working stiffs and savings to be rewarded."

Aside from that, when I sell it will be piecemeal on an "as needed" basis. Right now, I'm still accumulating with no reason not to continue. Price really is a secondary consideration if you average in or out.

My preference is A. Jolie.

You dawg! >>



I agree with you as I continue to purchase additional silver every week and will continue to do so.

Norseman88

<< <i>I would be putting it into silver >>



Ditto.

RedTiger

As always, for the average collector, getting an average price by buying small amounts over time is the way to go. So the question asked becomes meaningless and pointless. If a person wants to buy physical for the long term, just buy small and average in. In the long term will a $10 or even $100 price difference on the price of gold mean much? No, not if a person averages in, buys small, and is accumulating for the long term. When getting out, same deal, sell small amounts over time and get an average price, instead of believing the romantic notion that they can call a top or bottom with a precise price.

I haven't bought any physical bullion or bullion coins in a while, bought my fill during the past few years. These past few weeks I have bought some paper gold (options on ETFs) buying strength, not weakness. Numbers can be important for the short term paper gold trader, so $1150 spot gold is one upside target. I think gold will have a decent three to six month bull run, and we are currently in week two of that. Paper silver tends to move too fast moving, for a risk adverse, slow reacting trader like me.