Poll - Who's is buying and who is sitting?

Coins101

Simple question, who is buying at this level and why? For those sitting, same question, Why?

DrBuster

DCA all the way.

pitboss

I have bought some but am waiting to see which way the wind blows. I have enough already and really don't need any more but if the price

drops drastically I will go for more.

jmski52

I dumped $500 face of 90% silver at a coin show in order to buy a nice coin about a year ago when silver was around $36. How could I resist a nice discount like this? I'll be buying some of that back when the dust begins to clear.

CCC2010

<< <i>I dumped $500 face of 90% silver at a coin show in order to buy a nice coin about a year ago when silver was around $36. How could I resist a nice discount like this? I'll be buying some of that back when the dust begins to clear. >>



For the uneducated like myself ....at what point will that be?

derryb

My gut tells me spots have stabilized in the 1600/28.75 area unless we see another margin requirement hike.

Baley

Not buying yet (rather, any more) , chose option 4 because it is closest to accurate, built my PM position 1997-2003, would resume buying at gold 1400 and/or silver 24

piecesofme

If I come across a nice deal, buying. If I come across a nice offer, selling
I am concerned, but the beat goes on.

TwoSides2aCoin

I missed a buy today for a few Harley Davidson rounds. I offered over spot prices. He said he'd ride it out a while.

OldEastside

I'm keeping what I have and I may buy something if I like it.

Steve

fiveNdime

is that opportunity i hear???

i'm only opening the door for a little peek

fastrudy

I bought a little silver near this morning's low.

jmski52

<< I dumped $500 face of 90% silver at a coin show in order to buy a nice coin about a year ago when silver was around $36. How could I resist a nice discount like this? I'll be buying some of that back when the dust begins to clear. >>

For the uneducated like myself ....at what point will that be?

For me, cash is King right now, and I'll use it judiciously starting NOW. (Actually - when the Mint reprices this week.) My own plan is to start picking off the stuff I've been saving for, one thing at a time - and not in any big rush.

The drop in prices is enough for me to start buying. I don't care about hitting the exact bottom - we're getting a good discount until further notice. I'm happy with that.

piecesofme

I bought a little silver near this morning's low

Of course you did but you waited til now to say so. Good luck with your amazing bottom buying and top selling skills bud.

Pokermandude

<< <i>The drop in prices is enough for me to start buying. I don't care about hitting the exact bottom - we're getting a good discount until further notice. I'm happy with that. >>



Wise wisdom. Many bottoms/opportunities have been missed due to holding out for those last couple dollars. Silver tends to spike pretty hard off the "real" bottom, so waiting to jump in at $2 lower can easily cost you $4-5 above what the current "almost" bottom is.

jmski52

Unless I'm interpreting the chart wrong, silver has had a swing of $4.00 today. Now, THAT's volitility.

Tdec1000

Im with ya jmski! I am slowly buying as well!

pmcollectour

Buffett is buying his own stock, which could mean he believes the economy is headed for trouble

nibanny

I am buying a little because I don't have much money to invest but I am glad I could get back into silver after selling it all between $35 and $45.

Gold is a no brainer, I keep adding it on a regular basis. I am actually thinking of getting a 1 ozer, a Buffalo at under $1700 seems like a good deal!

morgantype

I did my buts on Friday.

I am liking the range it is trading today. Hopefully this is the bottom (or at least a 5% range or so)

Will buy more as items catch my eye.

johnny9434

im picking up some extra silver. lead to

Timbuk3

I'm hesitant to purchase any PM right now.
Purchased a bunch of gold and silver
about three weeks ago, and am currently
taking a "beating."

ricko

Holding.... not selling, not buying..... holding a lot, knowing it has not yet seen the best days. Cheers, RickO

Pokermandude

I just backed up the truck. Was heavy on silver, now am very heavy on silver. Let it ride! All in!

FWIW I think it will do a stutter step up to $34ish, back down to $28ish then find strong support there and continue upward. I'm not going to risk missing a buying opportunity on this 40% drop from the all time high though.

Coins101

Well, here we go again. Kind like a Yoyo.

Spooly

I'm holding on real PM's, but I might start building some Call option positions. Calls are really cheap...... limited down side risk.

jmski52

Nibbled a little bit and waiting to nibble a little more. No rush here.

mikeyg

Adding to the stack.A few coins at a time.

johnperk747

I'm buying: (SILVER)

8/24 5 rolls @ $922 each
9/15 2 rolls @ $861 each
9/23 2 rolls @ $708 each
10/1 3 rolls @ $668 each

(getting to know people at B&M store by first name

Think I'm set now for a long time . . LOOKING FOR SILVER TO BE AT $1,600 PER ROLL IN 2014!!!

BLESSINGS

1970SilverArt

I am ALWAYS buying but I am usually buying a little at a time because I am picky in terms of what silver art bars that I want to buy.

pursuitofliberty

One small step at a time, I add to the stacks ...

Coins101

<< <i>One small step at a time, I add to the stacks ... >>



Yup, me to.

RedHerring

I've been buying a few quarter-eagles. When I get them for near melt, they're priced close to what they were when gold was $1200.

TwoSides2aCoin

Last week I bought an ounce for every point scored in the Wisconsin/Nebraska game last night. Who cares if it is up or down ? He who gets the least usually doesn't score a lot.

Justacommeman

<< <i>Last week I bought an ounce for every point scored in the Wisconsin/Nebraska game last night. Who cares if it is up or down ? He who gets the least usually doesn't score a lot. >>



Nebraska- welcome to the Big Ten

MJ

derryb

Coming week's employment report will determine direction for $US. This will determine PM price direction. If a bad jobs report - I'm converting dollars to PMs.

scotty1419

I've been buying a decent bit locally - this weekend was very good for me. Got a couple rolls of '64 halves for 20x face (mostly unc) and just bought a 'collection' where I basically paid 18.5x face for the silver and the rest was free.

At 34x face people were killing each other to pay, now there arent many audible buyers around and the deals seem pretty decent!

Coyn

I shot my wad prematurely.

I backed up the truck at $440 gold and $7 silver.

Coins101

Sorry to here you haven't made any money since then and stopped buying.

Heck, I bought a "truckload" of silver at face in 1965 - 1967. But, that hasn't stop me from buying more or stop breathing.

Besides, this is in regard to current events, not ancient history. Funny, all the others who replied seemed to be able to figure that out.