Hoping in that surge of Silver!
Hi guy's I don't know about you but I just purchased 2lbs. of Silver recently at $14-$15 an oz. and something tells me that Silver will surge back up very soon? I'm hoping anyway? As I am typing, Silver looks to crack that $17 mark. It has been awhile since it hit that. Many dealers hope it stays down.(at least that's what my dealer friend tells me) How 'bout you guy's? What would you prefer?-joey

"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.0
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JMHO!
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.The name is LEE!
If it should sustains $17 for more than a week, I'll be surprised but yes, I'm pleased.
I'm with you on that note.
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
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.Oop's, wrong forum!
Nope, you got the "right" forum for PM lovers and Modern aficionados, typically the same.
Hi guy's I don't know about you but I just purchased 2lbs. of Silver recently at $14-$15 an oz. and something tells me that Silver will surge back up very soon? I'm hoping anyway? As I am typing, Silver looks to crack that $17 mark. It has been awhile since it hit that. Many dealers hope it stays down.(at least that's what my dealer friend tells me) How 'bout you guy's? What would you prefer?-joey
For what reason would a dealer hope that the price stays down?
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.My dealer friend said, because of the lower price, more reason to buy(mainly, bullion) in bigger quantities from customers.
So the longer the price stays low, the more likely stackers/speculaters are to get frustrated and sell out cheap?
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.I think many here and elsewhere prefer it reach prices that were bought into so they can unload their stack and move on.
JMHO!
This!
- Jim
What i meant was the customers will buy in bigger quantities from the dealer.
Gotchya.
He said he cherrypicked a $12 Barber dime out of another dealers "junk bin" marked at $4.. Then, he bragged how he chiseled the guy down 2 bucks to get it for $2. I was proud of him. He's a senior in high school and already savvy in negotiations.
Okay, enough coin tales. Back to the commodity
I just had to check to see if I was in the Precious Metal Forum. LOL
Precious metal forum or not, the price of Silver had a direct effect on most of the "coins" which folks on the US Coin Forum Collect.
With each $1 per ounce rise, the cost of a roll of Kennedy's goes up $3+ bucks.
The name is LEE!
as to buying high or low for a dealer, it is really about averages
to avoid that trap...I now just enjoy watching the market rise and fall for silver and gold...and take advantage of prices when an opportunity presents itself. Cheers, RickO
I have learned that my ability to make accurate predictions is non-existent.... so I have tried
to avoid that trap...I now just enjoy watching the market rise and fall for silver and gold...and take advantage of prices when an opportunity presents itself. Cheers, RickO
I know what your saying Ricko, but one can't resist when you get that gut feeling about a certain thing, right? Esp. when it hasn't happened in a while. Oh well, time will tell. There is nothing worse when your told later," I told you so!"
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.I'll be happy to unload at the $25 mark!
Gonna be crowded. That's my number, too.
Unloaded a bunch at $37 and 28 but stuck too long in a fantasy.
I will NEVER buy silver again.
Glad it is dwarfed by my gold.
I only bought the stupid stuff from getting "caught up" in the disease of my customers in the shop.
I shudda knowed better.
Customers ARE always wrong in a coin shop. On metals anyhow.
The smart money always sticks with ...GOLD!
Silver? Bleah!
Crap, I was enjoying that stagnant price at four dollars an ounce.
That's where I got the bulk of the junk.
I'd prefer 1 dollar silver and 35 dollar gold. Tain't happening, but would still be my preference.
I just had to check to see if I was in the Precious Metal Forum. LOL
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