Anybody buying this dip?
derryb
Posts: 36,793 ✭✭✭✭✭
I'd love to but I'm already all in. a bit premature on my part.
Plunge Protection Team is not going to let this dollar rally last long, it's taking equities down (along with PMs) and we all know they believe the Wall Street numbers are what keep the sheeple convinced the economy is A-OK.
Plunge Protection Team is not going to let this dollar rally last long, it's taking equities down (along with PMs) and we all know they believe the Wall Street numbers are what keep the sheeple convinced the economy is A-OK.
"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
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Comments
MANY positive BST Transactions
<< <i>I bought before the dip...
Doesn't make me feel any better. But I have lost that lonely feeling.
"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
Coinfame,Kaelasdad,Type2,UNLVino,MICHAELDIXON
Justacommeman,tydye,78saen,123cents,blue62vette,Segoja,Nibanny
<< <i>Again forgive my ignorance. Where do you buy during the dip? What should the price(say an ASE ) be during this dip? >>
No need to forgive ignorance, this is the place to bring it.
Most bullion dealers price according to spot. As spot drops, their website automatically (or manually) drops their bullion price. APMEX does this as well as others. You won't find this on ebay listings unless the seller manually reduces his buy it now price. With dealers that do this, if silver spot drops $1, their sell price on a silver eagle drops $1. Large sellers adjust their prices either manually or automatically as spot prices change. While the premium (extra) on a bullion item does not change, its base price (spot) does.
What are you looking to buy and what quantity? Someone will chime in with where the best prices currently are, but you can start here:
Gold Shark
"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
CCC2010, just buy them from derryb.
Depending how many you want to buy, have some places saved under your "favorites" and visit them when spot drops if you're in the market for some at that time.
Too many positive BST transactions with too many members to list.
<< <i>CCC2010, just buy them from derryb.
Depending how many you want to buy, have some places saved under your "favorites" and visit them when spot drops if you're in the market for some at that time. >>
He's holding his prices because he believes it's just a dip.
"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
if it falls and says below Sinclair's $1764(?)~ angel then i might revaluate what Ag is doing and go from there.
I believe you had quite the haul of stunning 2011 Gold Eagles in MS70 so I do understand the "already all in" reference!
Funny thing, I too have felt all in at different times since 2001 until I wish I had more room for "more all in" or "the US Mint strikes again, all in!!"
Miles
Fred, Las Vegas, NV
<< <i>I am waiting for a bigger dip, 1700 would be great. >>
Bigger the dip, longer the recovery.
"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
Fred, Las Vegas, NV
"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
GB needs to offer up another BUY BUY BUY notice
<< <i>Just like some months ago, I bought and it went down. Figure I order something and it will go down 9%. Just let me know when you want me to buy and drop the price for ya! >>
How about selling a bit for me.
"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
The fact that silver broke slightly below it's short term uptrend line and has a declining 3/10 ema cross seemed to indicate a good chance of more weakness.
And a close under the 20 dma on both gold and silver doesn't help. Miners sold off more than bullion and on strong volume. It just feels like we could be
still sort of early in a week/weeks long correction. Sept seasonality may not be enough to offset the massive July-August run up in gold. I think at a minimum
will see gold move sideways in September.
roadrunner
I knew it would happen.
<< <i>i am in no rush.
if it is dropping because the dollar is rising, and
the dollar is rising because of the Greece crisis, then
I'm surprised gold is falling. I'd think the Greece bankruptcy threat would be more of a benefit to gold than the declining dollar. I'd think gold denominated in $ and Euro both would be rising.
Hopefully, either way, we can see some cheaper metals for a bit.
Considering how strong the dollar has been lately is fairly impressive to see it hold its own so well.
Groucho Marx
<< <i>I am waiting on a bigger dip.
if it is dropping because the dollar is rising, and
the dollar is rising because of the Greece crisis, then
I'm surprised gold is falling. I'd think the Greece bankruptcy threat would be more of a benefit to gold than the declining dollar. I'd think gold denominated in $ and Euro both would be rising.
Hopefully, either way, we can see some cheaper metals for a bit. >>
Up is down and good is bad in the current friggin' world.
FYI, coupon code "NIAUS" is still good for $5 off your order.
<< <i>Bought generic silver rounds from Gainesville.
FYI, coupon code "NIAUS" is still good for $5 off your order. >>
APMEX email says they have their own generic 1 oz. silver rounds for .99 over spot.
edited to add "generic"
"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
<< <i>
<< <i>Bought generic silver rounds from Gainesville.
FYI, coupon code "NIAUS" is still good for $5 off your order. >>
APMEX email says they have their own 1 oz. silver rounds for .99 over spot. >>
I know. I checked and it was still cheaper to buy from Gainesville if you don't mind generic.
<< <i>I bought today's dip but then bailed by the end of the day as the volume seemed to be declining in gold, silver, and miners.
>>
quote from RR
derryb you referring to physical only?
<< <i>
<< <i>I bought today's dip but then bailed by the end of the day as the volume seemed to be declining in gold, silver, and miners.
>>
quote from RR
derryb you referring to physical only? >>
No, it's all on sale.
"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
<< <i>I'd love to but I'm already all in. a bit premature on my part.
Plunge Protection Team is not going to let this dollar rally last long, it's taking equities down (along with PMs) and we all know they believe the Wall Street numbers are what keep the sheeple convinced the economy is A-OK.
The US dollar is going A LOT higher. Things havent exactly been "A-OK" in Japan either, yet the YEN has been one of the strongest currencies over the last decade.
Knowledge is the enemy of fear
<< <i>
<< <i>I'd love to but I'm already all in. a bit premature on my part.
Plunge Protection Team is not going to let this dollar rally last long, it's taking equities down (along with PMs) and we all know they believe the Wall Street numbers are what keep the sheeple convinced the economy is A-OK.
The US dollar is going A LOT higher. Things havent exactly been "A-OK" in Japan either, yet the YEN has been one of the strongest currencies over the last decade. >>
Higher against other currencies? or Higher against oil or gold, for example?
<< <i>
<< <i>
<< <i>I'd love to but I'm already all in. a bit premature on my part.
Plunge Protection Team is not going to let this dollar rally last long, it's taking equities down (along with PMs) and we all know they believe the Wall Street numbers are what keep the sheeple convinced the economy is A-OK.
The US dollar is going A LOT higher. Things havent exactly been "A-OK" in Japan either, yet the YEN has been one of the strongest currencies over the last decade. >>
Higher against other currencies? or Higher against oil or gold, for example? >>
The US dollar will buy more of other currencies and commodities including oil, gold, sugar, silver, cotton, livestock, copper, nickel, platinum, soybeans, eggs, bread, butter, ect.
Knowledge is the enemy of fear
<< <i>Planning a trip to my guy today to pick a little something up. >>
Oh No!
"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
<< <i>
<< <i>Planning a trip to my guy today to pick a little something up. >>
Oh No!
It's when I go over 10oz that it dips the 9%, no worries on that today.