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Any buyers at current price level?

JulioJulio Posts: 2,501 ✭
in Precious Metals
I'm just watching.. Take care. jws
image

Comments

  • WingsruleWingsrule Posts: 3,010 ✭✭✭✭
    Yes - I believe in DCA (dollar cost averaging). I buy whenever the funds are there, not just when I think it may go up.

    I have some gold from ~$400 and some from ~$1700. I have some silver from ~$8 and some at ~$50. Win some, lose some. Overall, I am ahead of the game.
  • guitarwesguitarwes Posts: 9,266 ✭✭✭

    Just bought about $46 face of 90% locally last week and today. Looking for an upturn after the first of the year.

    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
    Too many positive BST transactions with too many members to list.
  • Kd5ddoKd5ddo Posts: 208 ✭
    Im not smart enough to tell if its going up or down. Im a buyer every 2 weeks whether the market is up down or sideways... Dollar cost averaging and asset rebalancing are my good friends... image
    Remember that the market can stay irrational longer than you can stay solvent.

    BSTs with: Coll3ctor, gsa1fan, mkman123, ajbauman, tydye, piecesofme, pursuitofliberty

    Travelog - 20in20travels.com
  • Kd5ddoKd5ddo Posts: 208 ✭
    Oh, and this week was a kilo silver bar and some 90%...
    Remember that the market can stay irrational longer than you can stay solvent.

    BSTs with: Coll3ctor, gsa1fan, mkman123, ajbauman, tydye, piecesofme, pursuitofliberty

    Travelog - 20in20travels.com
  • LukeMarshallLukeMarshall Posts: 1,982 ✭✭✭✭✭


    << <i>Oh, and this week was a kilo silver bar and some 90%... >>



    What kind of Kilo if I may ask?

    It's all about what the people want...

  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    Always buying and with both eyes open,"watching "!!!
    Timbuk3
  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,359 ✭✭✭✭✭
    Yes - I purchased a few PCGS graded $5 gold commemoratives for my "Bought for Spot" registry set.
    NO END IN SIGHT LIB $2.50'S CAC ONLY
    https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
  • TwinturboTwinturbo Posts: 493


    << <i>

    << <i>Oh, and this week was a kilo silver bar and some 90%... >>



    What kind of Kilo if I may ask? >>



    Johnson Mathey
    A very nice bar, but i had no spare change for it.
  • Kd5ddoKd5ddo Posts: 208 ✭
    A JM kilo, my first. Most I've paid over spot for any of my metals. Took a while to convince myself but I've been a good bit this year stacking so Santa came early image
    Remember that the market can stay irrational longer than you can stay solvent.

    BSTs with: Coll3ctor, gsa1fan, mkman123, ajbauman, tydye, piecesofme, pursuitofliberty

    Travelog - 20in20travels.com
  • LukeMarshallLukeMarshall Posts: 1,982 ✭✭✭✭✭
    Nice...

    Sometimes you just gotta pay that premium for something that you like.

    It's all about what the people want...

  • LukeMarshallLukeMarshall Posts: 1,982 ✭✭✭✭✭
    Oh yea, and I was a buyer on Friday....image

    It's all about what the people want...

  • Kd5ddoKd5ddo Posts: 208 ✭
    Don't fret it. A dollar here, a dollar there ain't no thang in the long run...

    Are you just getting started in metals?
    Remember that the market can stay irrational longer than you can stay solvent.

    BSTs with: Coll3ctor, gsa1fan, mkman123, ajbauman, tydye, piecesofme, pursuitofliberty

    Travelog - 20in20travels.com
  • tydyetydye Posts: 3,894 ✭✭✭
    I purchased a few rolls of eagles this weekend
  • LukeMarshallLukeMarshall Posts: 1,982 ✭✭✭✭✭


    << <i>Don't fret it. A dollar here, a dollar there ain't no thang in the long run...

    Are you just getting started in metals? >>



    I wouldn't say just getting into, I just don't really post all that much.

    Gonna start contributing here and there thoughimage

    It's all about what the people want...

  • pf70collectorpf70collector Posts: 6,641 ✭✭✭
    No gold for me since 08 and in 2010 (loaded up on the Buch Liberties at $789) and 2 MOH Commems this year. I won't buy gold heavily at these levels. Sold some of my silver at $42 and $33(bought at $6-$9 levels). But I also bought in the beginning of the year when silver was at $30. Have more than enough PMs.
    Montana State Quarter Die Clash

    Box of 20
  • KUCHKUCH Posts: 1,186
    I'm a buyer/stacker. Not selling on this drop. "Don't try to catch a falling knife."
  • Kd5ddoKd5ddo Posts: 208 ✭


    << <i>I wouldn't say just getting into, I just don't really post all that much.

    Gonna start contributing here and there thoughimage >>



    I've stalked the boards for a few years before I started posting fairly often. Im very glad I started... A wonderful knowledge bank, a wealth of articles, pictures to keep encouraging you, and some of the nicer people you'll post with...
    Remember that the market can stay irrational longer than you can stay solvent.

    BSTs with: Coll3ctor, gsa1fan, mkman123, ajbauman, tydye, piecesofme, pursuitofliberty

    Travelog - 20in20travels.com
  • jmski52jmski52 Posts: 22,822 ✭✭✭✭✭
    I don't buy on a regular basis. I cost average when I buy, but most of my buys are done when I've accumulated some money, paid some bills and looked ahead for any upcoming expenditures.

    I like to buy in larger chunks because it makes my accounting easier. Now that the metals are dropping, it's also like watching an opportunity develop. I don't have "enough" money to make a normal purchase at this moment even if I wanted to, so my cash flow is self-regulating because I'm not trying to "catch a wave". I will probably have enough firepower saved up by February - maybe I'll get lucky and then I can claim to be a market genius.image

    I really enjoy reading the great contributors here, even though I don't work in the technical realm of moving averages, gaps, triangulations, volumes and momentum. I tend to relate better to the "news", such as it is. I think that Dennis Gartman's recent call on gold was prescient, but I'd rather read roadrunner, proof collections and cohodk's comments than to hang my hat on the TV pundits.

    I'm really watching platinum. Who ever thought it'd be almost $200 lower than gold?
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • SpoolySpooly Posts: 2,108 ✭✭✭
    I just set up a bunch of "stink" bids for Silver puts, I have a feeling the market is going to gap pass my ladders.


    Watch the dollar.


    I have tightened up my stops on my S&P shorts.


    I think the market is going to have a "Blue" Christmas.
    Si vis pacem, para bellum

    In God We Trust.... all others pay in Gold and Silver!
  • DrBusterDrBuster Posts: 5,378 ✭✭✭✭✭
    Silver just went sub $30...I might go buy after work at the LCS even though I said I was done for the year.
  • silverstreaksilverstreak Posts: 225 ✭✭
    Picked up a load of graded ATB's from APMEX close to spot. 40 of those five ouncers take some room but what the heck?
    Currently working with nurmaler. Older transactions....circa 2011 BST transactions Gecko109, Segoja, lpinion, Agblox, oldgumballmachineswanted,pragmaticgoat, CharlieC, onlyroosies, timrutnat, ShinyThingsInPM under login lightcycler
  • WingsruleWingsrule Posts: 3,010 ✭✭✭✭
    It will be interesting to see how soon (if at all) the various items on the BST get repriced. If it's anything like the last big drop, it will take some time.
  • SpoolySpooly Posts: 2,108 ✭✭✭
    I'm exhausted.....
    Si vis pacem, para bellum

    In God We Trust.... all others pay in Gold and Silver!
  • SpoolySpooly Posts: 2,108 ✭✭✭


    << <i>It will be interesting to see how soon (if at all) the various items on the BST get repriced. If it's anything like the last big drop, it will take some time. >>



    It will take weeks..... everybody has to work off the denial of the price drop.

    Si vis pacem, para bellum

    In God We Trust.... all others pay in Gold and Silver!
  • bstat1020bstat1020 Posts: 2,151 ✭✭
    I have already noticed people taking items completely off the BST. Reprice on the slightest move up but gone or nothing when it dips. Or still asking 36-38 bucks an ounce for common silver.

    Oh well. People will/can do what they want.

    Madelyn's Birth Year Registry Set, Sophia's Birth Year Registry Set, My 10 Best Coins
  • silvereaglesilvereagle Posts: 290 ✭
    No reason to re price when the price goes down. They probably figure people will Pm them with a lower offer since the price has fallen.

    Either that or they feel confident price will come back up.

    The price drop doesnt make sense anyway ( markets are often irrational in the short term but always rational in the long term ). Price drops because Dollar is up due to the fact that the Euro is collapsing. That shouldnt stregthen the dollar seeing as how its in just as much trouble as the Euro shortly down the road.
  • Yukoncornelius1Yukoncornelius1 Posts: 654 ✭
    I bought $20 face of full rim G-VG Barber quarters today at 21 times face, there were a few better dates like 1894-s, 1905-o, 1909-o, 1913 P and D in the group.
  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    Just purchased a couple of 2011 Silver Eagle Rolls from APMEX...( just testing the waters)
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • yellowkidyellowkid Posts: 5,486 ✭
    Not yet, but I'm starting to think about it....
  • secondrepublicsecondrepublic Posts: 2,619 ✭✭✭
    picked up a common date UNC $20 Saint yesterday. not exactly bullion, but close.
    "Men who had never shown any ability to make or increase fortunes for themselves abounded in brilliant plans for creating and increasing wealth for the country at large." Fiat Money Inflation in France, Andrew Dickson White (1912)
  • Kd5ddoKd5ddo Posts: 208 ✭
    I plan on buying this weekend. No particular reason why then and not today though... Maybe just because its the weekend...
    Remember that the market can stay irrational longer than you can stay solvent.

    BSTs with: Coll3ctor, gsa1fan, mkman123, ajbauman, tydye, piecesofme, pursuitofliberty

    Travelog - 20in20travels.com
  • 1970SilverArt1970SilverArt Posts: 482 ✭
    I am going to check out the area dealers today to see what silver art bars I can find. I plan to go to at least 2 flea markets tomorrow to see what I can find. Hopefully, I will find something that I like for a lower price.


    DISCLAIMER: I am NOT a '70's silver art bar expert but I try my best to play one on the Internet.
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    actually, I view this correction as very healthy for the precious metals market, and find it reassuring that support held where it did (so far)

    I'll be doing a bit of buying, primarily to rebalance asset classes, as some of the non-PM investments have done really well as metals have stalled

    I tend to buy old gold and silver with a numismatic component to the value

    edit: so this time i did something a little different and bought platinum eagles

    Liberty: Parent of Science & Industry

  • fiveNdimefiveNdime Posts: 1,088 ✭✭
    picked up ~10oz of 90% yesterday image

    added: other than 2011 eagles, no other silver bullion in the store.
    BST transactions: guitarwes; glmmcowan; coiny; nibanny; messydesk
  • Kd5ddoKd5ddo Posts: 208 ✭
    I am a buyer this weekend. Looking to pickup up about 200 in silver and a 1/10 eagle/maple...
    Remember that the market can stay irrational longer than you can stay solvent.

    BSTs with: Coll3ctor, gsa1fan, mkman123, ajbauman, tydye, piecesofme, pursuitofliberty

    Travelog - 20in20travels.com
  • jdimmickjdimmick Posts: 9,674 ✭✭✭✭✭
    Lot of buyers came back to the market to buy, problem is very little sellers. I dont have any thing to sell the buyers wanting to buy, becuase sellers not selling at current levels. Actually today , the first day since the drop i was able to buy about a dozen eagles, and appr 40 face of 90%.
  • Yukoncornelius1Yukoncornelius1 Posts: 654 ✭


    << <i>actually, I view this correction as very healthy for the precious metals market, and find it reassuring that support held where it did (so far)

    I'll be doing a bit of buying, primarily to rebalance asset classes, as some of the non-PM investments have done really well as metals have stalled

    I tend to buy old gold and silver with a numismatic component to the value

    edit: so this time i did something a little different and bought platinum eagles >>



    Every time platinum has fallen below gold it has eventually raced past gold so buying it here is a smart thing to do, in fact I purchased some platinum when it was around $1500 and now it's almost $100 cheaper.
  • HonoluluDudeHonoluluDude Posts: 2,167 ✭
    Don't rush into silver just yet, $26 around the corner.

    Is the bull over?
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