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Broke $19 and rising at 8:30 pm PDT

AUandAGAUandAG Posts: 24,762 ✭✭✭✭✭
Hi Ho silver! Any away!!
Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com

Comments

  • VanHalenVanHalen Posts: 3,992 ✭✭✭✭✭
    Originally posted by: AUandAG

    Hi Ho silver! Any away!!




    Up $3.25 (+20%) in June alone.







  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    Up, up and away !!! ??
    Timbuk3
  • PerryHallPerryHall Posts: 46,137 ✭✭✭✭✭
    Am I the only one waiting for this bubble to colapse?

    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

  • carew4mecarew4me Posts: 3,471 ✭✭✭✭
    If it breaks $20 we should see the return of new user/cheerleaders types who become the boards instant experts image

    Loves me some shiny!
  • PerryHallPerryHall Posts: 46,137 ✭✭✭✭✭
    Originally posted by: carew4me

    If it breaks $20 we should see the return of new user/cheerleaders types who become the boards instant experts image




    image

    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

  • DoubleEagle59DoubleEagle59 Posts: 8,314 ✭✭✭✭✭
    I'm not watching the price of silver, but rather the dropping GSR.

    My big trade will happen when it hits the 40 to 50 range, regardless of the actual per ounce price of silver.
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Silver seems to be a tad independent from the gold movement lately... interesting. Cheers, RickO
  • chumleychumley Posts: 2,305 ✭✭✭✭
    that deathgrip I have on my horde of 90% is loosening ever so slightly image
  • OPAOPA Posts: 17,121 ✭✭✭✭✭
    Originally posted by: PerryHall
    Originally posted by: carew4me
    If it breaks $20 we should see the return of new user/cheerleaders types who become the boards instant experts image


    image



    +1
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • jmski52jmski52 Posts: 22,850 ✭✭✭✭✭
    I do have to say, the metals look fairly robust today!
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • OldEastsideOldEastside Posts: 4,602 ✭✭✭✭✭
    WOW, the Kitco silver chart is at 50 cent increments now

    Steve
    Promote the Hobby
  • johnny9434johnny9434 Posts: 28,334 ✭✭✭✭✭
    Originally posted by: carew4me
    If it breaks $20 we should see the return of new user/cheerleaders types who become the boards instant experts image


    instant expert - just add water image
  • PRECIOUSMENTALPRECIOUSMENTAL Posts: 961 ✭✭✭✭
    My LCS owner is on vacation this week, I wanted to sell just a few of the Ase's that govmint.com was selling for $16.95.

    It would have made my day to feel that I actually made some money on silver!
  • ashelandasheland Posts: 23,190 ✭✭✭✭✭
    Originally posted by: carew4me
    If it breaks $20 we should see the return of new user/cheerleaders types who become the boards instant experts image


    image
  • Booger9989Booger9989 Posts: 406 ✭✭✭
    Question is how long can it hold at this level?
    Positive BST Deals as a seller : Wondercoin, Chumlee, Jerster, Perry Hall , DMarks, MWK, drewsef, SoCalBigMark, Lakesammman, Nurmaler
  • PerryHallPerryHall Posts: 46,137 ✭✭✭✭✭
    Originally posted by: Booger9989

    Question is how long can it hold at this level?




    I'm waiting for the inevitable correction. I hate to sound like a pessimist but I've seen too many of these quick run-ups that turn into a selling rout.

    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

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,293 ✭✭✭✭✭
    image

    As the world sleeps.
  • BAJJERFANBAJJERFAN Posts: 31,082 ✭✭✭✭✭
    Originally posted by: jmski52

    I do have to say, the metals look fairly robust today!




    I was at a B & M earlier around 11:30 and the nice lady said that they had way more sellers than buyers and that they were already tapped out on their cash supply.
    theknowitalltroll;
  • BAJJERFANBAJJERFAN Posts: 31,082 ✭✭✭✭✭
    Originally posted by: PRECIOUSMENTAL

    My LCS owner is on vacation this week, I wanted to sell just a few of the Ase's that govmint.com was selling for $16.95.

    It would have made my day to feel that I actually made some money on silver!




    I could hardly give mine away on the BST at $2 over or less.
    theknowitalltroll;
  • erwindocerwindoc Posts: 5,090 ✭✭✭✭✭
    Originally posted by: BAJJERFAN

    Originally posted by: PRECIOUSMENTAL

    My LCS owner is on vacation this week, I wanted to sell just a few of the Ase's that govmint.com was selling for $16.95.

    It would have made my day to feel that I actually made some money on silver!




    I could hardly give mine away on the BST at $2 over or less.






    Ill have to decide at what price point I want to let mine go. Bought the bulk of it when it dipped briefly below $14/oz. It has slowly risen since then.
  • erwindocerwindoc Posts: 5,090 ✭✭✭✭✭
    Oops, double post.
  • BochimanBochiman Posts: 25,381 ✭✭✭✭✭
    Originally posted by: erwindoc

    Originally posted by: BAJJERFAN

    Originally posted by: PRECIOUSMENTAL

    My LCS owner is on vacation this week, I wanted to sell just a few of the Ase's that govmint.com was selling for $16.95.

    It would have made my day to feel that I actually made some money on silver!




    I could hardly give mine away on the BST at $2 over or less.






    Ill have to decide at what price point I want to let mine go. Bought the bulk of it when it dipped briefly below $14/oz. It has slowly risen since then.








    Yeah, that's the psychology of the thing....



    For example, if bought when silver was $14, and got it for, let's say, $16 per, then wanting to sell when silver is $17 and trying to sell for $19 per, but can't.....then silver goes up to $19....do you sell for the price you wanted before?



    Or, do you "stick to your guns" and "demand" the $2 premium and ask for $21?



    I've been caught in this before and have watched it often.



    Usually hear "replacement cost" as the reason. I view it as more a "I want to get more now that it has reason and I have a right to" type of thing.

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • WildIdeaWildIdea Posts: 1,877 ✭✭✭✭✭
    My LCS had a nice line going this morning too, new spot prices shaking out some nice old bullion. Man, it's really been boring lately with sidelined bullion and it's looks like it's turning into a good time to have some dry powder. Was able to pick up a neat 10 oz capital metals bar and a 3 oz hecla for a low premium. They didn't want to get caught holding on too long and we felt like we all got a great deal.

    Some of my neatest pieces came out at 40 dollar silver. Sure, I had to pay that and more for them, but that's when the good stuff comes out! It only takes a little more money to have really cool old bullion instead of basic mint pop out units.
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    Originally posted by: erwindoc

    Originally posted by: BAJJERFAN

    Originally posted by: PRECIOUSMENTAL

    My LCS owner is on vacation this week, I wanted to sell just a few of the Ase's that govmint.com was selling for $16.95.

    It would have made my day to feel that I actually made some money on silver!




    I could hardly give mine away on the BST at $2 over or less.






    Ill have to decide at what price point I want to let mine go. Bought the bulk of it when it dipped briefly below $14/oz. It has slowly risen since then.




    Knowing when to sell is always harder then knowing when to buy



    mark
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • erwindocerwindoc Posts: 5,090 ✭✭✭✭✭
    Agreed! Last time it made a big run, I sold when it broke $20 and did fine. But then it rallied further, approaching $50.
  • OPAOPA Posts: 17,121 ✭✭✭✭✭
    Best time to sell is when you can make a profit. Consider PM's just another asset & treat it as such.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • BAJJERFANBAJJERFAN Posts: 31,082 ✭✭✭✭✭
    Originally posted by: erwindoc

    Oops, double post.




    There is a delete button for that!image
    theknowitalltroll;
  • PRECIOUSMENTALPRECIOUSMENTAL Posts: 961 ✭✭✭✭
    Originally posted by: OPA

    Best time to sell is when you can make a profit. Consider PM's just another asset & treat it as such.




    I only planned on selling two, just to make a point to myself.

    (I never sell anything)

    "Have a Great Weekend"!
  • BBNBBN Posts: 3,761 ✭✭✭
    This is one of those rare moments that I've scored nicely. I bought about 200 ounces of silver between November and January. image

    Positive BST Transactions (buyers and sellers): wondercoin, blu62vette, BAJJERFAN, privatecoin, blu62vette, AlanLastufka, privatecoin

    #1 1951 Bowman Los Angeles Rams Team Set
    #2 1980 Topps Los Angeles Rams Team Set
    #8 (and climbing) 1972 Topps Los Angeles Rams Team Set
  • PRECIOUSMENTALPRECIOUSMENTAL Posts: 961 ✭✭✭✭
    Yes, 'It's such a good feeling'.-----Mister Rogers.
  • BochimanBochiman Posts: 25,381 ✭✭✭✭✭
    Originally posted by: BBN

    This is one of those rare moments that I've scored nicely. I bought about 200 ounces of silver between November and January. image






    Ah, but did you sell yet?

    If not, and if silver heads down, will you sell right away, or will you hold on?



    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • BBNBBN Posts: 3,761 ✭✭✭
    Originally posted by: Bochiman
    Originally posted by: BBN
    This is one of those rare moments that I've scored nicely. I bought about 200 ounces of silver between November and January. image



    Ah, but did you sell yet?
    If not, and if silver heads down, will you sell right away, or will you hold on?



    Very good point. No profit until you sell it higher. I strongly feel that I bought at the bottom and am hanging on for the long term.

    Positive BST Transactions (buyers and sellers): wondercoin, blu62vette, BAJJERFAN, privatecoin, blu62vette, AlanLastufka, privatecoin

    #1 1951 Bowman Los Angeles Rams Team Set
    #2 1980 Topps Los Angeles Rams Team Set
    #8 (and climbing) 1972 Topps Los Angeles Rams Team Set
  • BochimanBochiman Posts: 25,381 ✭✭✭✭✭
    Originally posted by: BBN

    Originally posted by: Bochiman

    Originally posted by: BBN

    This is one of those rare moments that I've scored nicely. I bought about 200 ounces of silver between November and January. image






    Ah, but did you sell yet?

    If not, and if silver heads down, will you sell right away, or will you hold on?







    Very good point. No profit until you sell it higher. I strongly feel that I bought at the bottom and am hanging on for the long term.






    I'm all for that.



    I have been burned by holding out for a higher price, but I have also sold and then watched things continue to go up.



    Last big silver run up, I sold at $20, $24, and $30.....and a little bit above $40.

    I made money, so I am not crying, but I do think back and ask "WHY did I sell so low????" image

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • BBNBBN Posts: 3,761 ✭✭✭
    I'm holding for long term, as in 20-25 years. I'm guessing by then we'll have a floor of fifty bucks. Silver and gold are just extra juice in retirement for me. image

    Positive BST Transactions (buyers and sellers): wondercoin, blu62vette, BAJJERFAN, privatecoin, blu62vette, AlanLastufka, privatecoin

    #1 1951 Bowman Los Angeles Rams Team Set
    #2 1980 Topps Los Angeles Rams Team Set
    #8 (and climbing) 1972 Topps Los Angeles Rams Team Set
  • USASoccerUSASoccer Posts: 445 ✭✭✭
    It seems to be cruising along.
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