Who's Buying?

Banemorth

This has been an interesting day. Usually every time silver drops you see people yelling BUY THE DIPS!

It's not like that today.

Seems to be a lot of fear and uncertainty. People are holding what they have but not adding anything new.

I had been waiting and watching for $25 silver to buy. It dropped so quickly though that I decided to wait it out. When it hit $21.90 and bounced back up to $23 I was annoyed. Thought I should have jumped on it. I waited.

When I saw today that silver was sub $20 I jumped in with both feet. I added 11 10oz Year Of The Snake bars from Goldmart. Then I waited a bit and saw what seemed to be a steady price and jumped in and added 20 Freedom Girl Rounds from Amagi.

Checks are in the mail for both orders and it's my first time ordering from each store. Not worried how long it takes my order to arrive as I'll be sitting on it for quite some time.

So anyone else buying today? I'm in for 130oz! (And I'll add more if it hits $15-$10 like some people speculate.)

Julio

NO. Take care. jws

Weiss

I bought a little silver today. My B&M has had nothing come in this last week. He actually sold me some old stock at a reduced price just to chase the cobwebs out of his cash register.

I'll keep on buying and keep on stacking for as long as I've got dollars to spend. Ups and downs don't mean much over decades.

Banemorth

<< <i> Ups and downs don't mean much over decades. >>



That's pretty much my thinking. I'm 26 though so my cash *is* limited. I waited trying to get the most bang for my buck but I'm not going to push it!

mariner67

I am hearing the old Paul Simon tune in my head..."Still Crazy after All These Years".
While I fear it is going lower and may stay there for a long time....I continue to buy....all here thru the BST etc.
JMHO as always. Looks like an addiction I guess.
Best to all whatever course you may chose.

morgansforever

My girlfriend is flipping out about me buying gold at $1350, a total of 1.25 oz. She magnifies the situation, see I told you so, etc. just adds to my stress. Today is crazy enough without her BS. Just had to rant.

Banemorth

<< <i>My girlfriend is flipping out about me buying gold at $1350, a total of 1.25 oz. She magnifies the situation, see I told you so, etc. just adds to my stress. Today is crazy enough, without her BS. Just had to rant. >>



My wife got over that a looooong time ago. When I explained to her that the value of metals will fluctuate over the years but can never go bankrupt and worth nothing like stocks can (I.E. Enron, Fannie Mae, Freddie Mac, etc.) she understood much better.

morgansforever

<<My wife got over that a looooong time ago. When I explained to her that the value of metals will fluctuate over the years but can never go bankrupt and worth nothing like stocks can (I.E. Enron, Fannie Mae, Freddie Mac, etc.) she understood much better.>>

She gets off texting me throughout day with the current spot price. Funny, when gold was at $1900 I was a FN genius.

Banemorth

<< <i><<My wife got over that a looooong time ago. When I explained to her that the value of metals will fluctuate over the years but can never go bankrupt and worth nothing like stocks can (I.E. Enron, Fannie Mae, Freddie Mac, etc.) she understood much better.>>

She gets off texting me the throughout day with the current spot price. Funny, when gold was at $1900 I was a FN genius. >>



Gotta love women

roob47

I will be buying this weekend , I was planning on selling some scrap gold but not at these prices.

mrpaseo

<< <i>My girlfriend is flipping out about me buying gold at $1350, a total of 1.25 oz. She magnifies the situation, see I told you so, etc. just adds to my stress. Today is crazy enough without her BS. Just had to rant. >>



Punch her in the taint. Or just tell her to get her hands out of your pockets. You said GF right?

fishcooker

Pass. Way too early.

DrBuster

Still reloading the powder after the house/yard stuff drained some cash. But boy the trigger finger is itchy!

daOnlyBG

Too early.

johnny9434

im picking up some silver bars. i dont want to go over board with it right now. if it goes to $13-15 then ill take more. fwiw

Pokermandude

I'm tapped out for a bit. I've been buying hand over fist lately. I have many goodies to share for tomorrow's PMP thread!

My cash reserves are still decent and I could make another good sized buy, but it is never wise to overextend.

nibanny

I found a 1/4 oz for $345, I couldn't pass... (and to make the shipping charges worth, I added a couple of tenth AGEs for my tube)

DoubleEagle59

Count me in!

BAJJERFAN

Assuming the big sellers are continually adjusting to the world market fluctuations in spot, one can buy after hours if the price drops even more and lock in the price.

LochNESS

<< <i>Punch her in the taint. >>


Wow, I haven't heard that word in a while!

johnperk747

I did

Got 6 rolls of ASE from JM BULLION (they said they even shipped already . . . now that's fast!!)

May even get more, not sure yet!

Blessings

morgansforever

<<Punch her in the taint. Or just tell her to get her hands out of your pockets. You said GF right?>>

No, no, no, not going to punch her. She's actually quite calm, it's sorta weird. I'm certainly not going to throw gas on the fire.


EDIT:

<<Got 6 rolls of ASE from JM BULLION (they said they even shipped already . . . now that's fast!!)>>

JM has attractive pricing and shipping, but the personal check route takes a bit. Wish they took PP.

johnperk747

Not a "bad" hit using a CC and I promised my wife that I would take her to Hawaii next year for our 40 Anv. so working on "Air Miles" with Hawaiian Air

PS . . As my father told me . . . You never hit a women!!

Blessings

mrpaseo

<< <i>Not a "bad" hit using a CC and I promised my wife that I would take her to Hawaii next year for our 40 Anv. so working on "Air Miles" with Hawaiian Air

PS . . As my father told me . . . You never hit a women!!

Blessings >>



The taint is the only place men are allowed to hit a woman

Just jump to about 1 minute...

Ouch... He missed.

Timbuk3

I'm not !!!

yellowkid

I don't think you've seen the bottom for silver.

VanHalen

Best buying opportunity in years is here.

AUandAG

If my phone would ring with a seller of silver instead of questions, I'd be a buyer.

bob

Pokermandude

<< <i>If my phone would ring with a seller of silver instead of questions, I'd be a buyer.

bob >>



I've been fielding a lot more first timer / "newbie" questions than normal today as well. I ended up writing a 2 paragraph blurb about what the market "spot price" means, and why I don't sell at that price per ounce, to copy+paste a number of times.

MilesWaits

Faber is.

Banemorth

Well I'm glad I'm not the only one jumping in! I know my order is pretty small by most of your standards though

vpr

I purchased a total of 3 ASEs today. The guy offered them for $20 a piece and he delivered them to my place. He said he'd get more in the near future and I told him that I'd buy all he could get. They're 2013s.

cohodk

<< <i>I purchased a total of 3 ASEs today. The guy offered them for $20 a piece and he delivered them to my place. He said he'd get more in the near future and I told him that I'd buy all he could get. They're 2013s. >>



Now thats a deal I would take.

TwoSides2aCoin

The market never sleeps.

TennesseeDave

I've added 40- 2013 S.A.E's since silver fell below $22. I plan to add several more, as soon as the premiums fall to around $2-3 above spot.

derryb

two ASE boxes from dbscoins.com.

Banemorth

It seems like more people are waiting than buying. So that means we should be at the bottom and it's ready to go way back up

BAJJERFAN

I hope not.

Banemorth

<< <i>I hope not. >>



You and me both. I'd love it to stay sub $20 until I have 1,000oz.

OPA

<< <i>I purchased a total of 3 ASEs today. The guy offered them for $20 a piece and he delivered them to my place. He said he'd get more in the near future and I told him that I'd buy all he could get. They're 2013s. >>



That would ring a warning bell with me and as the saying goes: "if it's to good to be true..it ain't" There are to many Chinese non silver or plated silver reproductions floating around, some that have even fooled the dealers. Good luck

TwoSides2aCoin

I tend to be selling more in this environment and that's why I have to "re purchase".
Buy for more, sell for less. This is how to make a million dollars in the business. Start with 2 million and just keep dishing it out.

vpr

Weight and dimensions are correct and they're not magnetic. Also, they look genuine. Good enough for me. And I'm good with reading people. He was just trying to get some cash for the weekend. College student. Not a professionl criminal.

Besides, if I were trying to sell fakes, I wouldn't risk going to prison for $60.

OnlyGoldIsMoney

Yesterday afternoon I ordered from Gainesville a 1 oz gold 2013 Buffalo and a 1977 1 oz gold Engelhard Prospector.

mrpaseo

<< <i>

<< <i>I purchased a total of 3 ASEs today. The guy offered them for $20 a piece and he delivered them to my place. He said he'd get more in the near future and I told him that I'd buy all he could get. They're 2013s. >>



That would ring a warning bell with me and as the saying goes: "if it's to good to be true..it ain't" There are to many Chinese non silver or plated silver reproductions floating around, some that have even fooled the dealers. Good luck >>



Or worse, stolen silver.

mrpaseo

BTW, I do not condone men hitting woman in any fashion (Beyond self defense). I was joking yesterday

I kid, I'm a kidder.

Still have not purchased any more Silver.

Banemorth

<< <i>BTW, I do not condone men hitting woman in any fashion (Beyond self defense). I was joking yesterday

I kid, I'm a kidder.

Still have not purchased any more Silver.

>>



Sell some Beanie Babies.

mrpaseo

<< <i>

<< <i>BTW, I do not condone men hitting woman in any fashion (Beyond self defense). I was joking yesterday

I kid, I'm a kidder.

Still have not purchased any more Silver.

>>



Sell some Beanie Babies. >>



I think I could move them as kindling for campers, otherwise, I'm gonna need to wait for the cycle to come around again, I'm thinking.... 20 more years or so

If there were buyers, I would be selling

Banemorth

Just sell them for $20 and charge $2,600 for shipping!

jmski52

I'm still paying off planned and unplanned expenses, but I'm still nibbling on Mint bullion here and there as cashflow permits.

I also still say, "keep some powder dry". The cash will tide you over when others are selling, especially if you don't wanna sell at that moment.

Pokermandude

Well I was going to keep some dry powder, but sometimes Bob "The Price is Right!" Barker calls..

roob47

Whoa! Pokermandude!!!! What a stack! I hope I can get some of that at tomorrow's coin show, now I'm inspired!