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First and foremost, allow me to apologize for my actions.

mrpaseomrpaseo Posts: 4,753 ✭✭✭
in Precious Metals
I am unsure of how it actually happens but any time I change focus into a new area (In this case PMs), that new area... well, plummets. Today, I just conducted an on line transaction and expect to take delivery of a few ounces of Silver and I am expecting a loss (As usual) and in doing so, have caused you to bear the same inevitable loss... image

If in fact the same routine of me buying something and the value drops happens... I am sorry.

That said, I am excited to start my "Stack" with this initial purchase and finally will be able to participate in the Friday PM Porn thread. (Can't wait for next week).

Ray

Edited to spell correct the title.

Comments

  • nibannynibanny Posts: 2,761 ✭
    LOL
    It happens to me too! image

    Can't wait to see your pics! image
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • guitarwesguitarwes Posts: 9,266 ✭✭✭
    I thought I was the only one who made the price of silver dive with a big purchase...... image Thank you, now I have someone else to blame it on. image
    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
    Too many positive BST transactions with too many members to list.
  • jmski52jmski52 Posts: 22,817 ✭✭✭✭✭
    Oh man! Next time, would you please let us know in advance? !!!!!image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • 57loaded57loaded Posts: 4,967 ✭✭✭
    For a split second I thought (before I read your name) that a lizard had risen from the dead.
  • perkdogperkdog Posts: 30,589 ✭✭✭✭✭
    Well You brought me luck just the same, yesterday I found a 1951 Quarter in my change. The woman at the Ice Cream store handed me one quarter back and it was a good one image
  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    You're in good company. If you purchased silver within the last 2 years, chances are, you're "under water."
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • GTOsterGTOster Posts: 861 ✭✭✭
    Good a new member to the club image
    Paul
    My E-Bay Auctions
    image
  • tneigtneig Posts: 1,505 ✭✭✭
    When the 14500 dow goes to 8000, you'll be saying; I sure am glad I bought that silver today!
    Enjoy.
    COA
  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    We like sharing the pain around here, you'll fit right in. image eventhough you've been here 12 years lol
    To forgive is to free a prisoner, and to discover that prisoner was you.
  • WingsruleWingsrule Posts: 3,010 ✭✭✭✭
    I read OPA's post and thought he was channeling cohodk for a minute.image
  • mrpaseomrpaseo Posts: 4,753 ✭✭✭


    << <i>We like sharing the pain around here, you'll fit right in. image eventhough you've been here 12 years lol >>



    Actually, 12 years ago PCGS changed over their forums and started us all fresh... I have been here since the old forums image

    I had PCGS forums as my home page for over 10 years image Logged on every day until I was sent over seas.

    Happy to be in the game (PMs),
    Ray
  • OPAOPA Posts: 17,119 ✭✭✭✭✭


    << <i>I read OPA's post and thought he was channeling cohodk for a minute.image >>



    Nope...but the truth hurts with or w/o cohodk inputimage
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    Keep Stackingimage
    Avid collector of GSA's.
  • ZriderZrider Posts: 365
    buy some more..I want to get some next weekimage
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    image Welcome to PM's Ray..... this is the age-old mantra of people who buy/sell......'market rises when I buy and falls when I sell'... you are now a member of a not so exclusive club.... Cheers, RickO
  • mrpaseomrpaseo Posts: 4,753 ✭✭✭


    << <i>buy some more..I want to get some next weekimage >>



    Down 28 cents at the moment, if I buy again the bottom might fall out and the DOW might just explode... Should I sell...lol, just kidding.
  • mrpaseomrpaseo Posts: 4,753 ✭✭✭


    << <i>

    << <i>buy some more..I want to get some next weekimage >>



    Down 28 cents at the moment, if I buy again the bottom might fall out and the DOW might just explode... Should I sell...lol, just kidding. >>



    Down .39 cents now imageimage It's on sale.
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    Welcome to the submarine club! Most of us are underwater on our silver purchases for the last 2 years and counting
    (except for the few infallible market timers around here who post news of their successful trades after the fact image)

    Liberty: Parent of Science & Industry

  • cohodkcohodk Posts: 19,091 ✭✭✭✭✭


    << <i>image Welcome to PM's Ray..... this is the age-old mantra of people who buy/sell......'market rises when I buy and falls when I sell'... you are now a member of a not so exclusive club.... Cheers, RickO >>



    This is because people who buy PMs usually do so via an emotional impulse.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • jmski52jmski52 Posts: 22,817 ✭✭✭✭✭
    Hey, did anyone notice that silver's off today? Pretty soon, they'll be giving it away.


    Notimage
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • ZriderZrider Posts: 365


    << <i>

    << <i>

    << <i>buy some more..I want to get some next weekimage >>



    Down 28 cents at the moment, if I buy again the bottom might fall out and the DOW might just explode... Should I sell...lol, just kidding. >>



    Down .39 cents now imageimage It's on sale. >>


    Thank you very much..mrpaseo ...what r you going to do this week?
  • mrpaseomrpaseo Posts: 4,753 ✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>buy some more..I want to get some next weekimage >>



    Down 28 cents at the moment, if I buy again the bottom might fall out and the DOW might just explode... Should I sell...lol, just kidding. >>



    Down .39 cents now imageimage It's on sale. >>



    Thank you very much..mrpaseo ...what r you going to do this week? >>



    I have yet to receive my paltry purchase from last week, until I receive the package I will not be buying more (Saving up some fiat money too).

    image Should be good this week... but you never know.

    Ray
  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    Are u sure you didn't buy any? still dropping..down another 50 cents as I type...
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • mrpaseomrpaseo Posts: 4,753 ✭✭✭


    << <i>Are u sure you didn't buy any? still dropping..down another 50 cents as I type... >>



    Sorry, I should have further elaborated as to how effective my "Buy and Lose" system works... sometimes... I ride it into the dirt image

    At one point, I purchased a few thousand shares of a certain stock... After it started going down... I purchased more because "It was on sale"... Then again because it went lower... For a long time it was worth about 4 bucks... then it just went away...

    I do plan on continuing to buy silver, worst case scenario this time it will not just "disappear", at least I will have a new doorstop when the bottom falls out.

    image
    Ray
  • johnny9434johnny9434 Posts: 28,302 ✭✭✭✭✭


    << <i>When the 14500 dow goes to 8000, you'll be saying; I sure am glad I bought that silver today!
    Enjoy. >>

    ill second that one. i was thinking 7,000 or so.
  • tneigtneig Posts: 1,505 ✭✭✭
    Buy again! Buy again!

    (just joking)
    COA
  • ZriderZrider Posts: 365
    ....
  • mrpaseomrpaseo Posts: 4,753 ✭✭✭


    << <i>.... >>




    Ya... Sorry, I think I purchased too much at once... Feels like I bought at the apex of the roller coaster and we are dropping down the vertical slope.

    It has to level out somewhere. I was surprised yesterday when both PMs and the market was down


    image
  • mrpaseomrpaseo Posts: 4,753 ✭✭✭
    I think it has gone down every day since I bought image Maybe it will change when I actually receive my order...lol.

    Ray
  • jmski52jmski52 Posts: 22,817 ✭✭✭✭✭
    I was shrewd enough to buy those Freedom Girls right before silver started on it's way down. Am I concerned? Not really. It will fluctuate.image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • ZriderZrider Posts: 365
    Did you buy again this week? image
  • nibannynibanny Posts: 2,761 ✭


    << <i>Did you buy again this week? image >>



    Yes he did, check the MetalPorn thread!! See what Ray is capable of with just one ounce! image
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • jmski52jmski52 Posts: 22,817 ✭✭✭✭✭
    Keep buying, mrpaseo. I need to keep saving some more dollars before I make another purchase.image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    I wish the OP would go on an extended vacation & stop buying for a while...It appears that the train is not slowing down. I'll try to board it after it comes to a halt.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • mrpaseomrpaseo Posts: 4,753 ✭✭✭


    << <i>I wish the OP would go on an extended vacation & stop buying for a while...It appears that the train is not slowing down. I'll try to board it after it comes to a halt. >>



    I am planning a trip to the local B&M to see if they have something for a fellow forum member (That's like a mini vacation image ), I may pick up a thing or two for myself if my eye catches anything.

    The way I see it, Silver is on sale and with each drop, opportunity rises to get a better deal. I am sorry if your position is otherwise effected by the drop as I am sure many are not in the same position/mindset that I am in.

    The good/bad of my situation is one in the same... I do not have disposable money to sink into PMs so my purchases are small and steady which forces me to dollar cost average the stack. It's good that I don't put large sums into a set amount then watch it drop and bad that I can not take advantage of what I feel is a good price (Though every day it goes down I feel it is a good price... who knows where it will land).

    Keep stackin,
    Ray
  • mrpaseomrpaseo Posts: 4,753 ✭✭✭
    I did go to the B&M today and I did buy some Silver... but it will probably be the last time I go to this guy. His people skills SUCK as a business owner that deals with buying and selling.

    Anywho, since I was over charged I do not believe this purchase will effect the market.

    Keep stackin,
    Ray
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