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Is it too late?

laserartlaserart Posts: 2,255 ✭
in Precious Metals
to buy silver?
"If I had a nickel for every nickel I ever had, I'd have all my nickels back".

Comments

  • guitarwesguitarwes Posts: 9,266 ✭✭✭

    you mean is it too late to buy cheap silver? probably

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  • BBNBBN Posts: 3,761 ✭✭✭
    IDK. I peronally don't think it is. I agree with Wes in that it's probably too late to buy $10-15 silver, but I still think it's fine to get into now and just stack and stash.

    Positive BST Transactions (buyers and sellers): wondercoin, blu62vette, BAJJERFAN, privatecoin, blu62vette, AlanLastufka, privatecoin

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  • halfhunterhalfhunter Posts: 2,770 ✭✭✭
    Never too late to exchange empty promises for REAL money ! ! !

    The ride is just beginning . . . image

    Cheers,

    HH
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  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    jump in and start buying! Don't wait on the sidelines.
    Successful Buying and Selling transactions with:

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  • derrybderryb Posts: 36,795 ✭✭✭✭✭
    Only if you think your dollars are going to grow in value

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • 57loaded57loaded Posts: 4,967 ✭✭✭
    if you think we are our of the "recession" and Happy Days are Here Again", then yes.
  • cladkingcladking Posts: 28,647 ✭✭✭✭✭
    Physical silver remains the best long term investment in the world.

    Well, except for maybe clad. image
    Tempus fugit.
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    I hate theis expression generally but here goes.................Buy the dips. MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • BarndogBarndog Posts: 20,490 ✭✭✭✭✭
    buy some on November 3rd
    JR Newsletter Online Edition
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    This is still cheap silver. The Fed has a new inflationary policy. They finally went public with what we already know.

    To me this is the mid-70's....post recession but with numerous economic issues. (Except this time our economy is much, much worse). Whenever we hit the 1979-1980 equivalent we will hit a new paradigm in valuation. We are not there yet but we will see unfathomable values. Back them $850 gold and $47 silver was unimaginable in the early '70's. We may see fantasy numbers in the future like $8,000/450. Outrageous, I know. Note: I wouldn't want to experience that kind of world.

    Another thought I have is this time we are tied to the Internet for info whereas in 1980 info came from newspapers and network news. How will in information-age skew the peaking process. I think many will get scared out too early and sell. Information can be your friend or your it can be your worst enemy.
  • TomBTomB Posts: 21,202 ✭✭✭✭✭
    I imagine that if you don't jump in now that you will ask this question again in April of 2011 and then again in August of 2011 and then again...
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  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    I dunno.

    what's your current asset allocation, what's your time horizon, what's your risk tolerance, and what are your financial goals?

    Liberty: Parent of Science & Industry

  • morgansforevermorgansforever Posts: 8,461 ✭✭✭✭✭
    <<Is it too late?>>

    You gotta get in some time.
    I remember buying at $6 and thinking to myself is this the right decision.
    Said the same at $10, $15, $17. Start by pulling your copper cents from your change, at face.
    Copper will be the new silver when the chage from internal combustion to electric occurs.
    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭


    << <i><<Is it too late?>>

    You gotta get in some time.
    I remember buying at $6 and thinking to myself is this the right decision.
    Said the same at $10, $15, $17. Start by pulling your copper cents from your change, at face.
    Copper will be the new silver when the chage from internal combustion to electric occurs. >>



    Copper will be the new silver...I like it.
  • 2ndCharter2ndCharter Posts: 1,656 ✭✭✭✭✭
    Is it too late?

    As long as the government continues to spend money like drunken sailors, it will never be too late.

    (An apology to drunken sailors as they only spend what they have in their pockets).

    Member ANA, SPMC, SCNA, FUN, CONECA

  • jmski52jmski52 Posts: 22,825 ✭✭✭✭✭
    No.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • johnny9434johnny9434 Posts: 28,310 ✭✭✭✭✭
    no to the cheap silver.
  • DoubleEagle59DoubleEagle59 Posts: 8,308 ✭✭✭✭✭
    It's never too late as silver will still increase in value quite a bit.

    However, I would wait and buy a dip.

    Why? Because to think that silver will never drop below its Friday close is nuts.
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • waltscoinswaltscoins Posts: 55
    Perhaps a bit late to the party for silver.
  • CoinCrazyPACoinCrazyPA Posts: 2,899 ✭✭✭✭
    I last bought silver only a week or so ago at $20.81. I hope it pulls back around there. If so I will load up even more. If not I will wait for some sideways action and then buy more, I hope this makes sense to you.
    Positive BST transactions: agentjim007, cohodk, CharlieC, Chrischampeon, DRG, 3 x delistamps, djdilliodon, gmherps13, jmski52, Meltdown, Mesquite, 2 x nibanny, themaster, 2 x segoja, Timbuk3, ve3rules, jom, Blackhawk, hchcoin, Relaxn, pitboss, blu62vette, Jfoot13, Jinx86, jfoot13,Ronb

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  • MeltdownMeltdown Posts: 8,789 ✭✭✭✭✭
    I'm currently hoping for another small pulback to $20ish. I am happy with what I've managed to accumulate so far,
    but just can't help thinking right now that... $100 bucks will only get me 4 ounces of silver? image

    Click on this link to see my ebay listings.

  • 1jester1jester Posts: 8,637 ✭✭✭
    Before too long, $100 will get you only 2 ounces, then one ounce.

    imageimageimage
    .....GOD
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    "Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you." -Luke 11:9

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  • nutmegnutmeg Posts: 345 ✭✭

    Having bought silver bars at $8 an oz. and silver eagles at $12 or $13 each, a 10 oz. JM bar at $158;
    I now have a hard time coughing up what it takes to buy silver bullion. I have not paid the price to buy more lately.
  • CoinCrazyPACoinCrazyPA Posts: 2,899 ✭✭✭✭


    << <i>I'm currently hoping for another small pulback to $20ish. I am happy with what I've managed to accumulate so far,
    but just can't help thinking right now that... $100 bucks will only get me 4 ounces of silver? image >>



    Ah to sit here and remember the good old days when you could get 10 ounces for $100.
    Positive BST transactions: agentjim007, cohodk, CharlieC, Chrischampeon, DRG, 3 x delistamps, djdilliodon, gmherps13, jmski52, Meltdown, Mesquite, 2 x nibanny, themaster, 2 x segoja, Timbuk3, ve3rules, jom, Blackhawk, hchcoin, Relaxn, pitboss, blu62vette, Jfoot13, Jinx86, jfoot13,Ronb

    Successful Trades: Swampboy,
  • DrBusterDrBuster Posts: 5,378 ✭✭✭✭✭


    << <i>

    << <i>I'm currently hoping for another small pulback to $20ish. I am happy with what I've managed to accumulate so far,
    but just can't help thinking right now that... $100 bucks will only get me 4 ounces of silver? image >>



    Ah to sit here and remember the good old days when you could get 10 ounces for $100. >>



    Or rolls of SAEs for $100~120
  • CaptHenwayCaptHenway Posts: 32,121 ✭✭✭✭✭
    I can remember dealers at shows dumping out bags of average circ. silver dollars into big plastic bins, your pick at $1.50 each.
    People complained that that was too high.
    TD
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    Seeing how everyone is waiting for a pullback we will probably see $30 before we see $20.
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