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So who's buying with this correction of the metals?

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  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    I just bought a roll of ASE's todayimage
    Avid collector of GSA's.
  • 1jester1jester Posts: 8,637 ✭✭✭
    Me.

    imageimageimage
    .....GOD
    image

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

    "Hear, O Israel: The LORD our God is one LORD: And thou shalt love the LORD thy God with all thine heart, and with all thy soul, and with all thy might." -Deut. 6:4-5

    "For the LORD is our judge, the LORD is our lawgiver, the LORD is our king; He will save us." -Isaiah 33:22
  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    At below $28 ... I'll test the waters ....
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • AnkurJAnkurJ Posts: 11,370 ✭✭✭✭
    I speculated and bought at $30 image
    All coins kept in bank vaults.
    PCGS Registries
    Box of 20
    SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
  • percybpercyb Posts: 3,324 ✭✭✭✭
    Who's selling?

    Gold looks like it's a better buy than silver at this juncture.
    "Poets are the unacknowledged legislators of the world." PBShelley
  • derrybderryb Posts: 36,793 ✭✭✭✭✭
    I'm always buying in a bull market.

    "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

  • PerryHallPerryHall Posts: 46,115 ✭✭✭✭✭
    Me too. I'm in for the long haul so I buy as finances permit. Once the government gets its finances in order, I may start selling.image Sorry---I could say that with a straight face.

    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

  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    Peter Schiff This keeps me buying.
    Avid collector of GSA's.
  • percybpercyb Posts: 3,324 ✭✭✭✭
    CNBC guests saying the gold trade is over...LOL!! What fools--LOL.
    "Poets are the unacknowledged legislators of the world." PBShelley
  • dontippetdontippet Posts: 2,606 ✭✭✭✭
    I purchased over 100 oz of sterling yesterday after the fall.
    > [Click on this link to see my ebay listings.](https://www.ebay.com/sch/i.html?_nkw=&_in_kw=1&_ex_kw=&_sacat=0&_udlo=&_udhi=&_ftrt=901&_ftrv=1&_sabdlo=&_sabdhi=&_samilow=&_samihi=&_sadis=15&_stpos=61611&_sargn=-1&saslc=1&_salic=1&_fss=1&_fsradio=&LH_SpecificSeller=1&_saslop=1&_sasl=mygirlsthree3&_sop=12&_dmd=1&_ipg=50&_fosrp=1)
    >

    Successful transactions on the BST boards with rtimmer, coincoins, gerard, tincup, tjm965, MMR, mission16, dirtygoldman, AUandAG, deadmunny, thedutymon, leadoff4, Kid4HOF03, BRI2327, colebear, mcholke, rpcolettrane, rockdjrw, publius, quik, kalinefan, Allen, JackWESQ, CON40, Griffeyfan2430, blue227, Tiggs2012, ndleo, CDsNuts, ve3rules, doh, MurphDawg, tennessebanker, and gene1978.
  • meluaufeetmeluaufeet Posts: 764 ✭✭✭
    Done
  • ocon4008ocon4008 Posts: 1,703
    I am still buying.
  • 57loaded57loaded Posts: 4,967 ✭✭✭


    << <i>CNBC guests saying the gold trade is over...LOL!! What fools--LOL. >>



    ...gotta love the knee-jerk!
  • 57loaded57loaded Posts: 4,967 ✭✭✭


    << <i>At below $28 ... I'll test the waters .... >>



    it's treading OPA.......................
  • SportsModeratorSportsModerator Posts: 1,624 mod
    Correction? OK, but does everyone really believe that metals are going to increase .5 to 3% per day without a couple of bumps in the road? Reality check folks!

    Forum AdministratorPSA & PSA/DNA ForumModerator@collectors.com | p 800.325.1121 | PSAcard.com

  • OPAOPA Posts: 17,119 ✭✭✭✭✭


    << <i>I purchased over 100 oz of sterling yesterday after the fall. >>



    You've got blls....I wouldn't touch sterling silver with a ten foot pole...
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • OPAOPA Posts: 17,119 ✭✭✭✭✭


    << <i>

    << <i>At below $28 ... I'll test the waters .... >>



    it's treading OPA....................... >>



    Every time it gets close to my buy zone...it bounces back.... is there a rubber string attached to silver?image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • ksammutksammut Posts: 1,074 ✭✭✭
    I buy more every week no matter the price.
    American Numismatic Association Governor 2023 to 2025 - My posts reflect my own thoughts and are not those of the ANA.My Numismatics with Kenny Twitter Page

    Instagram - numismatistkenny

    My Numismatics with Kenny Blog Page Best viewed on a laptop or monitor.

    ANA Life Member & Volunteer District Representative

    2019 ANA Young Numismatist of the Year

    Doing my best to introduce Young Numismatists and Young Adults into the hobby.

  • WrigleyCubWrigleyCub Posts: 291
    Will the trend continue downward tomorrow?
  • DNADaveDNADave Posts: 7,271 ✭✭✭✭✭
    I just bought this little stash (the 90%) at the very peak the other day....but I hedged my bets by offering 18x on the halves, 17x on the quarters, 16x on the dimes, and $8 per roll of war nickels (6 rolls). The Silver Dollars I paid $17 each. So $1700 for about $2200 at $30 silver.

    Overall, I don't think I ripped the seller, and I fell like a drop won't destroy me on it, least not immediately.

    image
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭


    << <i>I just bought this little stash (the 90%) at the very peak the other day....but I hedged my bets by offering 18x on the halves, 17x on the quarters, 16x on the dimes, and $8 per roll of war nickels (6 rolls). The Silver Dollars I paid $17 each. So $1700 for about $2200 at $30 silver.

    Overall, I don't think I ripped the seller, and I fell like a drop won't destroy me on it, least not immediately.

    image >>



    Why don't that 84cc in old PCGS slab have a grade on label? Good pick up for $17image
    Avid collector of GSA's.
  • DNADaveDNADave Posts: 7,271 ✭✭✭✭✭


    << <i>
    Why don't that 84cc in old PCGS slab have a grade on label? Good pick up for $17image >>



    Only the stacks were part of the 90% deal. The slabs were also purchased last week from a different seller....and then I made an amaturish attempt at a guess-the-grade on the US forum by photoshopping out the "grades". It was a train wreck of thread....Trolls get more respones.

  • cjmezzcjmezz Posts: 467
    Nice coins Dave..........i'm gonna guess MS62 on the Saint and MS64 on the Morgan!!



    ps.........the number after the (.) in the barcode shows the grade! image
    "When someone tells you nothing is impossible, ask them to dribble a football"

    MANY positive BST Transactions
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    I have. Buying the dips in this bull run has worked out prettty well so far. The trend remains your friend imo. 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......
  • WingsruleWingsrule Posts: 3,010 ✭✭✭✭
    $8 per roll of war nickels (6 rolls).

    Isn't a warnick about $1.50 at current melt?
  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    Bummer ... latest downturn missed my target by $.22. Waiting for the next cycle.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • jmski52jmski52 Posts: 22,824 ✭✭✭✭✭
    I bought a green monster box at the "peak" in 2008. If this is a correction, I can't wait to see the spike!
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • SilverBaronSilverBaron Posts: 767 ✭
    Me .... With no hesitation.

    I feel better about buying now than I did at $7 / $300.

    At $7 / $300 .......... The housing market was still booming.

    Every other show on tv was about buying a house, mow the lawn and

    slap on a coat of paint, then sell it for a profit before making the first payment.

    CD's would get you 5% .... and you could get that vacation home for 0% down.

    And then there is now ...........
    Silver Baron
    ********************
    Silver is the mortar that binds the bricks of loyalty.
  • jmski52jmski52 Posts: 22,824 ✭✭✭✭✭
    Silver at $30.00? Again I ask - what's a better alternative? The last time I asked, I got no replies.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • ebaytraderebaytrader Posts: 3,312 ✭✭✭


    << <i>

    << <i>CNBC guests saying the gold trade is over...LOL!! What fools--LOL. >>



    ...gotta love the knee-jerk! >>




    US Bond rates are rising and that can dampen PM prices from the currency carry trade or arbitrage. PM's seem to be historically fully priced...gold may be over priced. A better bet now is to short US bonds.
  • DrBusterDrBuster Posts: 5,378 ✭✭✭✭✭


    << <i>Silver at $30.00? Again I ask - what's a better alternative? The last time I asked, I got no replies. >>



    I'll say what one of my buddies says - sugar.
  • guitarwesguitarwes Posts: 9,266 ✭✭✭


    << <i>Silver at $30.00? Again I ask - what's a better alternative? The last time I asked, I got no replies. >>



    Canned corn at 50c/can from Walmart.


    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
    Too many positive BST transactions with too many members to list.
  • sbeverlysbeverly Posts: 962 ✭✭✭
    Purchased yesterday...

    And, again today...
    Positive transactions with Cladiator, Meltdown, ajbauman, LeeG, route66,DennisH,Hmann,FilamCoins,mgoodm3,terburn88,MrOrganic, weg,dcarr,guitarwes,Zubie,Barndog,wondercoin,braddick,etc...
  • BigEBigE Posts: 6,949 ✭✭✭


    << <i>Silver at $30.00? Again I ask - what's a better alternative? The last time I asked, I got no replies. >>




    You could try the "Bucks For Pucks" programimage-----------------BigE
    I'm glad I am a Tree
  • 57loaded57loaded Posts: 4,967 ✭✭✭


    << <i>I buy more every week no matter the price. >>



    in this economic environment and if one has the funds to budget, this the best "solution"

    setting aside something each month regardless of the price to purchase: "priceless" advice.
  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    I wasn't going to buy unless silver retraced $28.....but what the heck...bought a couple of rolls of these anyway..

    image

    image

    Got these a few weeks ago..
    5 oz proof

    image

    image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • ksammutksammut Posts: 1,074 ✭✭✭
    Just purchased some 90% and some silver ounces today.
    American Numismatic Association Governor 2023 to 2025 - My posts reflect my own thoughts and are not those of the ANA.My Numismatics with Kenny Twitter Page

    Instagram - numismatistkenny

    My Numismatics with Kenny Blog Page Best viewed on a laptop or monitor.

    ANA Life Member & Volunteer District Representative

    2019 ANA Young Numismatist of the Year

    Doing my best to introduce Young Numismatists and Young Adults into the hobby.

  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    ]Just purchased some 90% and some silver ounces today.

    Should a waited til Monday, at least. Me thinks it'll be heading down based on this. Logically, this should strengthen the $, but then again, this is a crazy market.


    china raises rates over weekend
    To forgive is to free a prisoner, and to discover that prisoner was you.
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    The FED raised interest rates considerably in 1978 and 1979 and were not able to derail commodities until rates were well into double digits. Short term moves with bank reserves and interest rates might scare some sheeple at first, but we're a long ways from derailing the bull.

    I'm buying this correction on each dip....mainly miners.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • ksammutksammut Posts: 1,074 ✭✭✭


    << <i>]Just purchased some 90% and some silver ounces today.

    Should a waited til Monday, at least. Me thinks it'll be heading down based on this. Logically, this should strengthen the $, but then again, this is a crazy market.


    china raises rates over weekend >>



    I was expecting China to raise rates but I buy every week so I was not going to make an exception this week. Like RR, I buy the dips mostly with miners.
    American Numismatic Association Governor 2023 to 2025 - My posts reflect my own thoughts and are not those of the ANA.My Numismatics with Kenny Twitter Page

    Instagram - numismatistkenny

    My Numismatics with Kenny Blog Page Best viewed on a laptop or monitor.

    ANA Life Member & Volunteer District Representative

    2019 ANA Young Numismatist of the Year

    Doing my best to introduce Young Numismatists and Young Adults into the hobby.

  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    never said i wasnt buying the dips...just not buying as much quantity at these teetering levels.
    To forgive is to free a prisoner, and to discover that prisoner was you.
  • DrBusterDrBuster Posts: 5,378 ✭✭✭✭✭
    Newps that showed up


    image

  • percybpercyb Posts: 3,324 ✭✭✭✭


    << <i>The FED raised interest rates considerably in 1978 and 1979 and were not able to derail commodities until rates were well into double digits. Short term moves with bank reserves and interest rates might scare some sheeple at first, but we're a long ways from derailing the bull.

    I'm buying this correction on each dip....mainly miners.

    roadrunner >>



    I'm not sure anything can derail the rise of PMs as the US debt keeps growing. By 2020 the total debt will be 70% interest.... If the US were a corporation, I'd sell it short. And I guess by purchasing PMs that's in fact what I'm doing. image
    "Poets are the unacknowledged legislators of the world." PBShelley
  • pitbosspitboss Posts: 8,643 ✭✭✭

    I will just keep on buying whenever I see a good deal but then again all of it will have been a good deal five years from now. I call it wealth averaging and don't worry about the dips as silver is going to climb slow and steady over the next 5 to 10 years.
  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    I will just keep on buying whenever I see a good deal but then again all of it will have been a good deal five years from now. I call it wealth averaging and don't worry about the dips as silver is going to climb slow and steady over the next 5 to 10 years.

    I buy on dips, and try to sell for as little as a 4-5% profit within a week. I'd still rather have the cash, even at this point.
    To forgive is to free a prisoner, and to discover that prisoner was you.
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