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Falling

KipKip Posts: 852
in Precious Metals
Soon gold at $1200 and silver at $15image
UCSB Electrical Engineering....... USCG and NASA

Comments

  • nibannynibanny Posts: 2,761 ✭
    Can't wait for gold at $1200!

    In the meantime I bought the dip with gold at $1599! One big 2011 Buffalo for less than $1700 delivered. Did I do good?
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • OPAOPA Posts: 17,119 ✭✭✭✭✭


    << <i>Can't wait for gold at $1200!

    In the meantime I bought the dip with gold at $1599! One big 2011 Buffalo for less than $1700 delivered. Did I do good? >>



    Not if gold drops to $1200 image But based on today's spot, you did ok.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • nibannynibanny Posts: 2,761 ✭


    << <i>

    << <i>Can't wait for gold at $1200!

    In the meantime I bought the dip with gold at $1599! One big 2011 Buffalo for less than $1700 delivered. Did I do good? >>



    Not if gold drops to $1200 image But based on today's spot, you did ok. >>



    In that case I will average my purchase! image

    I used your calling card from the other thread! Now I am waiting for Silver to go under $29...
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • OPAOPA Posts: 17,119 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Can't wait for gold at $1200!

    In the meantime I bought the dip with gold at $1599! One big 2011 Buffalo for less than $1700 delivered. Did I do good? >>



    Not if gold drops to $1200 image But based on today's spot, you did ok. >>



    In that case I will average my purchase! image

    I used your calling card from the other thread! Now I am waiting for Silver to go under $29... >>



    If you buy more gold...try this 1 ozer...it's $60 above spot.

    K'Rands
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • nibannynibanny Posts: 2,761 ✭
    THIS is cheaper! $48 over spot.

    I need to reload first...a couple of paychecks and will be buying again! image
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • OPAOPA Posts: 17,119 ✭✭✭✭✭


    << <i>THIS is cheaper! $48 over spot.

    I need to reload first...a couple of paychecks and will be buying again! image >>



    Yes it is...not a bad price for a 30 year old.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    Can't wait for gold to go down to $1200 and silver
    down to $15. In the meantime what do I do with
    the PM's I paid way more for, I guess just hold
    on to them !!!
    Timbuk3
  • nibannynibanny Posts: 2,761 ✭


    << <i>Can't wait for gold to go down to $1200 and silver
    down to $15. In the meantime what do I do with
    the PM's I paid way more for, I guess just hold
    on to them !!! >>



    You hold on and, meanwhile, buy more! It will bring your average cost per ounce lower.

    I thought I paid too much when I bought the UHR at $1300...
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    You hold on and, meanwhile, buy more! It will bring your average cost per ounce lower.

    Absolutely! Lots of folks are still averaging down from their initial buy prices of MSFT and DELL from 1999 image

    Liberty: Parent of Science & Industry

  • nibannynibanny Posts: 2,761 ✭


    << <i>You hold on and, meanwhile, buy more! It will bring your average cost per ounce lower.

    Absolutely! Lots of folks are still averaging down from their initial buy prices of MSFT and DELL from 1999 image >>



    Are they the same people who sold AAPL when it fell in 2008? image
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    probably some of them are!

    all those companies are still "gold" in their industries. The demand for their stock has not kept up!

    Liberty: Parent of Science & Industry

  • Wolf359Wolf359 Posts: 7,656 ✭✭✭
    eBay prices are showing a premium over paper prices. 100oz silver bars are selling for 3450-3800 while paper prices are under 30.

    And that would be expected when a paper market no longer reflects reality (loss of confidence) and is heading to collapse.
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  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    100oz silver bars are selling for 3450-3800 while paper prices are under 30

    Exactly. And if it's a "neat bar" then it's even more.. what's the word... Premium. Watch and see the % premiums for MS64 Saints, BU silver rolls, etc climb back up as metals decline

    bird in the hand phenomenon

    Liberty: Parent of Science & Industry

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