Ok, it keeps going down. Officially state your buy point here for the record
tneig
Posts: 1,505 ✭✭✭
Guess I said it in the title. Mine has been now and still going when I find a good deal. With due respect, Forget about the falling knife, buying on the upswing, and the chart analysis, because non of that or the other theories, seems to have held water over the last 3 years. You can't possibly know or predict how all the variables will dictate what's coming. I think we pretty much passed everyone's previous buy point from the last several years. Let the debate begin, but your first line has to be your stated buy points.
COA
0
Comments
Successful BST deals with mustangt and jesbroken. Now EVERYTHING is for sale.
Always buying. Unfortunately.
I knew it would happen.
Too many positive BST transactions with too many members to list.
Though, I won't go heavy until Silver reaches $14-15 and Gold $1050-1100.
It hasnt? LOL I guess you've been looking at the charts posted by the PM pushers.
Knowledge is the enemy of fear
<< <i> the chart analysis, because non of that or the other theories, seems to have held water over the last 3 years.
It hasnt? LOL I guess you've been looking at the charts posted by the PM pushers. >>
The warnings are well documented.
I'll go with the so called "PM manipulators" prediction from late last year or early this year.
Gold..........$1100
Silver.........$16
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Ag not interested
Greg Hansen, Melbourne, FL Click here for any current EBAY auctions Multiple "Circle of Trust" transactions over 14 years on forum
Liberty: Parent of Science & Industry
I'd rather have an ounce of silver in my hand instead of a $20 paper bill.
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
<< <i>I'd rather have an ounce of silver in my hand instead of a $20 paper bill. >>
And I'd rather have 1.2.
<< <i>Anytime is a good time to buy silver.
I'd rather have an ounce of silver in my hand instead of a $20 paper bill. >>
I'll take you up on that....You can have ten of my generic 1 oz buffalo rounds for 10 of your $20 bills.
PM me for details
Conclusion: Gold is worthless only fereral reserve notes have value (sarcasm).
Keep the petro-dollar allive or we will bomb you, we might bomb you anyway as it's just good business!
Silver: $100/oz by sept 2015
Gold: $3500/oz by sept 2015
<< <i>when it shows upward strength >>
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>
<< <i>Anytime is a good time to buy silver.
I'd rather have an ounce of silver in my hand instead of a $20 paper bill. >>
I'll take you up on that....You can have ten of my generic 1 oz buffalo rounds for 10 of your $20 bills.
PM me for details
Bet he don't trade.
<< <i>Lets see? China and Russia are buying gold at a rate greater than the total world production, India is buying as much gold as it can get. The COMEX has now sold/leased 100 onces of gold for each single once it has claimed to posses. LBMA in out of gold, or in a state of backwardation. Fort Knox is empty.
Conclusion: Gold is worthless only fereral reserve notes have value (sarcasm).
Keep the petro-dollar allive or we will bomb you, we might bomb you anyway as it's just good business!
Silver: $100/oz by sept 2015
Gold: $3500/oz by sept 2015 >>
Does anyone in this Government [other than the Mint] buy gold?
<< <i>$12 silver >>
There's a very good chance that a few of you guys may never buy silver again.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Now I might be compelled to buy more significant ounces at $12 silver and $800 gold, though I don't think I'll see those levels again, or certainly not anytime soon.
I did buy 5 ounces today just for fun.
JC
Charles III Album
Charles III Portrait Set
Charles IV Album
Charles IV Portrait Set
Spanish Colonial Pillar Set
My apologies
Charles III Album
Charles III Portrait Set
Charles IV Album
Charles IV Portrait Set
Spanish Colonial Pillar Set
I give away money. I collect money.
I don’t love money . I do love the Lord God.
For physical stackers, it still feels too early. There is no need to hurry. Any rally is likely to be so small that it would be tough for anyone except a dealer to profit much from the swing. It is worth repeating what I've been writing for a year or more: averaging down into a major bear market is the road to the poor house. This is clearly Ursa Major for silver and getting there for gold. A 50% decline from peak is a major bear, so gold $950 would make it a major bear. Silver is already past there passing $22 on the downside.
My timing isn't fantastic. I last added to my physical piles in a meaningful way at silver $30 as it was going down, and gold at $1350 while it was still going up. I wish I was as nimble or as prescient as some on this forum claim to be. I didn't sell any of my physical near the highs. It may be a long wait until those price peaks are exceeded.
<< <i>We've all given our guesstimates, but what about timing? I'm thinking there's still a long grinding bottom to come....2015-2016. >>
But there likely will be some rallies along the way.
http://www.moderncoinmart.com/grab-bag-of-5-different-5-troy-oz-.999-fine-silver-america-the-beautiful-atb-coins.html
When ASE rolls are at $380 I'll but a few to hold and that would be about $16 silver.
Au? If it falls under $1100 I'm long.
Hoping to grab a monster box sub $8k
BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
<< <i>So tempting...
http://www.moderncoinmart.com/grab-bag-of-5-different-5-troy-oz-.999-fine-silver-america-the-beautiful-atb-coins.html >>
ASEs are a better buy IMO.
<< <i>been putting my $ into moose-estate >>
I knew it would happen.
My Adolph A. Weinman signature
<< <i>I don't have a "buy point", I'm watching the dollar and will resume buying PM's when the dollar begins to show sustained weakness. Right now the dollar is way too strong, and "safe haven" buying may make it stronger in the short term. >>
Dollar's inverse relationship with gold makes it a good indicator of PM price movement. The US Dollar Index (USDX) is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies. It is a weighted geometric mean of the dollar's value compared only with a "basket" of 6 other major currencies which are:
Euro (EUR), 57.6% weight
Japanese yen (JPY) 13.6% weight
Pound sterling (GBP), 11.9% weight
Canadian dollar (CAD), 9.1% weight
Swedish krona (SEK), 4.2% weight
Swiss franc (CHF) 3.6% weight
USDX goes up when the US dollar gains "strength" (value) when compared to the above currencies. Why is the dollar index currently strong?
(1) continued economic uncertainty in Japan and throughout europe.
(2) upcoming vote next week on Scottish independence. The increasing possibility of a yes vote is threatening the strength of the pound.
Note that a strong currency weakens it's host nation's exports which has a negative affect on employment. The FED says it is committed to improving US employment. If they are being truthful look for them to take steps to weaken the dollar. Keep in mind that the masters of the other six currencies also recognize the affect of currency strength on their respective export/employment situation, resulting in an ongoing "currency war" to remain weak.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>
<< <i>I don't have a "buy point", I'm watching the dollar and will resume buying PM's when the dollar begins to show sustained weakness. Right now the dollar is way too strong, and "safe haven" buying may make it stronger in the short term. >>
Dollar's inverse relationship with gold makes it a good indicator of PM price movement. The US Dollar Index (USDX) is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies. It is a weighted geometric mean of the dollar's value compared only with a "basket" of 6 other major currencies which are:
Euro (EUR), 57.6% weight
Japanese yen (JPY) 13.6% weight
Pound sterling (GBP), 11.9% weight
Canadian dollar (CAD), 9.1% weight
Swedish krona (SEK), 4.2% weight
Swiss franc (CHF) 3.6% weight
USDX goes up when the US dollar gains "strength" (value) when compared to the above currencies. Why is the dollar index currently strong?
(1) continued economic uncertainty in Japan and throughout europe.
(2) upcoming vote next week on Scottish independence. The increasing possibility of a yes vote is threatening the strength of the pound.
Note that a strong currency weakens it's host nation's exports which has a negative affect on employment. The FED says it is committed to improving US employment. If they are being truthful look for them to take steps to weaken the dollar. Keep in mind that the masters of the other six currencies also recognize the affect of currency strength on their respective export/employment situation, resulting in an ongoing "currency war" to remain weak. >>
Good post.
"A dog breaks your heart only one time and that is when they pass on". Unknown
I knew it would happen.
<< <i>
<< <i>I don't have a "buy point", I'm watching the dollar and will resume buying PM's when the dollar begins to show sustained weakness. Right now the dollar is way too strong, and "safe haven" buying may make it stronger in the short term. >>
>>
<< <i>What has the dollar value been floating around at? Still in the .80'ish range? >>
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>Well, I almost bought some gold today, but I decided to give it another few days, just to see. >>
Gold might break below the $1200 mark next week. You just saved yourself a few bucks by being patient. Personally I don't think that will be the bottom, but may be close to it. We shall see.
<< <i>What has the dollar value been floating around at? Still in the .80'ish range?
<< <i>
<< <i>I don't have a "buy point", I'm watching the dollar and will resume buying PM's when the dollar begins to show sustained weakness. Right now the dollar is way too strong, and "safe haven" buying may make it stronger in the short term. >>
>>
>>
And to think, in 2007 all the PM bulls said the dollar index was going to 50.
Funny thing is, that the PM bulls are incapable of recognizing, the US dollar may be in the beginning stages of a major bull market. It the PM bull just take a moment to clear their biased brains, they just may understand what I am writing about. JMSKI, remember I set the tents at the dollar bull camp about 4 years ago?
Knowledge is the enemy of fear