Check: Those that waited for $25 or below. U buying Now?

tneig

Not seeing any all-out buying yet so I was wondering.

(Think I'll order my 10oz monarch today. I keep looking around for E poured bars.)

chumley

what is that saying about catching a falling knife? last nite's drop was more like catching a falliing chain saw while its running

mrpaseo

I received three text last night telling me that silver hit my target price... I did not wake for any of them.

Where is the bottom? I would like to see the SAEs below $20 each.

Ray

vpr

A monster box of Maples for $11,300. It's good that I don't have that much spare cash. It's tempting to liquidate some of my investments and get a box, but I might wait a bit.

bestmr

Almost under $20. It's getting to the point where I might have to trade some gold for silver

Placid

I will wait for $15.

Icollecteverything

I think this is much different than the Hunt Bros. fiasco.

The last time I bought was when it dropped to $10, I think in 2009?

I was planning on buying if it dropped to $23+/- but it has dropped so fast I have been holding out. Will watch it next couple days and probably buy a little soon. If it goes to $15 I will buy a lot more.

derryb

I buy every nice dip, this one included. Those looking for short term profit need look elsewhere.

ARCO

Hell no! Gold and silver are going all the way back down to their starting points. Wait until there is a real crisis or panic. See what the prices do then. Inflation isn't coming, because most money is debt, is highly leveraged and the whole system is shaking and quaking ready to implode under its own massive weight. The proof of low/no inflation is the velocity of money, lower than at any point in its recorded history.

When people are lined up at the coin store begging to sell it at any price, disgusted and hating silver, that is when I will buy. Hopefully in the $4-$5 range.

Tyler

miklia

very interesting to see the different reaction here vs. May. methinks the 'despair' phase isn't too far behind...

Yukoncornelius1

Bought 100 oz. in OPM 10 oz. bars from Provident at just over $20 an oz.

Keep buying the dips, if it hits $15 then I will accelerate but also will need more safe deposit boxes or a gigantic gun safe.

michiganboy

Was waiting for $18 an ounce, now I'm thinking $7. Its funny I keep saying $18 was coming when It was at $30+ and everyone thought I was crazy, LOL.

Timbuk3

Nope, looks like it's going lower !!!

jdimmick

I love when people keep saying to buy the dips as they watch there net worth decrease at a rapid pace. buyin dips at 32, then 28, then 24, then 20, now 19?


One of my customers just told me today, he has lost over 400k by investing in gold when it was 1800.

VanHalen

You bet. 300ozs of physical this month alone.

silverman68

<< <i>I buy every nice dip, this one included. Those looking for short term profit need look elsewhere. >>




100% correct. If you hope to catch the bottom and get rich in a couple months, go away. You will regret not adding while prices are low.

silverman68

<< <i>I love when people keep saying to buy the dips as they watch there net worth decrease at a rapid pace. buyin dips at 32, then 28, then 24, then 20, now 19?


One of my customers just told me today, he has lost over 400k by investing in gold when it was 1800. >>



Did he sell the gold? That is huge amount that I wil never be able to purchase.

UNLVino

Many stocks I have owned went to $0.00 - I will keep buying.

Baley

<< <i>Many stocks I have owned went to $0.00 - I will keep buying. >>



yecchhthththt! probably a good idea to avoid stocks, if you keep picking ones that go out of business

I'm starting to buy a little bit of metals here at 1300 and 20, but the bulk of my investments is still in stocks and real estate.

I know of many many who got rich in the stock and real estate markets, but do not know anyone who became rich investing in precious metals. do you?

derryb

<< <i>I know of many many who got rich in the stock and real estate markets, but do not know anyone who became rich investing in precious metals. do you? >>


yes, and I'm ready for round two.

OnlyGoldIsMoney

I have added 290 ounces during June.

OnlyGoldIsMoney

(double post)

jdimmick

Not to keep.

good way too keep loosing capital, dumping it into PMs'

people want profits and growth, gold /silver is not showing many much of anything but losses right now.

Several of my old customers don't know if they should get out or hold on, many are in at silver 30-35 gold at 1600-1700 They keep asking me, I tell them I don't have a clue!

LochNESS

I don't think anyone who is into gold at 1600 should sell now. They're better off waiting until it goes back up. There is always a better way to acquire capital. Like, don't buy that new sofa, or scale back your vacation plans. Always better than selling at a $400/oz loss. IMO.