<10 year outlook we'll be just fine with our stacks. don't let the noise disturb your nap. year="" outlook="" _we27_ll="" be="" just="" fine="" with="" our="" stacks.="" _don27_t="" let="" the="" noise="" disturb="" your="" />
My holdings aren't really affected by a 6% one day drop in Spot. I own collectable bars that may dip a bit on this, but certainly not 6% in one day like Spot/Generics are.
And all this really means is the spreads just got further apart, that's all. Relatively not long ago 10 oz generics were going for $175 when Spot was $11-12/oz.
To forgive is to free a prisoner, and to discover that prisoner was you.
Sure why not. Many people have been holding silver at this price for the last 10 years. What's another 10?
I was one of those same dumb people that held for 10 years bought in 2001 and 2002 sold though the years of 2010, 11 and 12 only 10x my money so i agree what is 10 more years.
Assumption here, Tendencies I'm seeing with those who hold physical metal....physical possession grows on you and it appears to influence the judgement when selling opportunities come?
I was new to stacking in 2009-2010 and silver coins never grew on me at the time. Luckily I unloaded close to the peak and never looked back. Fast forward 2015 I started stacking again but this time with more gold. Down Days like today I can stay patient and will continue to do so because now I'm looking at this like a hobby with shiny yellow.
Moral of the story... It grew on me and I'm less likely to unload any of it. I know years from now I'll make profit on it if and when I'm ready.
Of course Turning the blind eye to daily markets is easier said than done. As I type it looks like the Asia markets are giving a little boost to the green %.
I'm not being mean, but some on this forum and Apmex ought to be in bathtubs together and the end of a Cialis commercial. You guys kill me with the idea that's the place to buy.
Oh well, to each his own.
To forgive is to free a prisoner, and to discover that prisoner was you.
I'm not being mean, but some on this forum and Apmex ought to be in bathtubs together and the end of a Cialis commercial. You guys kill me with the idea that's the place to buy.
Oh well, to each his own.
Generally agree with you. APMEX prices are on the high side but once in awhile they have special sales where you can get a good deal.
Worry is the interest you pay on a debt you may not owe.
I'm not being mean, but some on this forum and Apmex ought to be in bathtubs together and the end of a Cialis commercial. You guys kill me with the idea that's the place to buy. Oh well, to each his own.
Good one! Consider me guilty. I've bought from lots of places, and one thing seems to recur especially when the metals markets are having a tough time.
I've dodged the bullet with Tulving, Northwest Territorial Mint and also with that basket case called Silver Shield. In each case, there were some warning signs. If the prices are too too good, you are dealing with a shoestring operation. If deliveries take too long, run Forest, run.
I do try to pay attention and buy from companies that I think will be in business at least as long as it takes for them to ship my order. Apmex will stay in business because they aren't cutting a lot of corners. It only takes one good screwing to justify paying a bit more to a legit company.
Q: Are You Printing Money? Bernanke: Not Literally
From time to time some dealers (such as apmex) have sales at or close to melt. I was fortunate enough to take advantage of a couple 10% ebucks rebates and they added up, and great timing again with metals currently on "sale."
Will it be in the $1100s soon? That nasty, unnecessary upcoming rate hike it damaging the price potential.
Plus, I've got ebay bucks to spends and it was going to go into 2 ounces of gold. Will I lose $200 in 2 weeks if I buy now? Me not being psychic, I'm a bit scared to get in and the down trend is still in place.
The good news is that there does seem to be support at the $1200 and a few dollars +/- area
Will it be in the $1100s soon? That nasty, unnecessary upcoming rate hike it damaging the price potential.
Plus, I've got ebay bucks to spends and it was going to go into 2 ounces of gold. Will I lose $200 in 2 weeks if I buy now? Me not being psychic, I'm a bit scared to get in and the down trend is still in place.
The good news is that there does seem to be support at the $1200
and a few dollars +/- area
I'm still waiting for $800 gold & $12 silver. Patience grasshopper, patience.
My hope is that the metals keep sliding down. Gold around 800 and siliver at 10 sounds awfully good to me.... not sure it will get that good, but i will try to keep adding a bit as the slide keeps.
ChrisRx
Posts: 5,619 ✭✭✭✭
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Free-Falling
Got quoins?
Until then I'm going to turn the blind eye and pretend nothing bothers me
CU Ancient Members badge member.
Collection: https://flickr.com/photos/185200668@N06/albums
I give away money. I collect money.
I don’t love money . I do love the Lord God.
Looking for Charlie (Charley) Maxwell cards.
I see buying opportunity at $16 silver and $1250 gold
Until then I'm going to turn the blind eye and pretend nothing bothers me
you will get it lower then that
I hope the market gives me low to mid 1200s before my ebay bucks expire. I'll let the market tell me the price though.
CU Ancient Members badge member.
Collection: https://flickr.com/photos/185200668@N06/albums
I see buying opportunity at $16 silver and $1250 gold
Until then I'm going to turn the blind eye and pretend nothing bothers me
Won't be long for the gold if it keeps falling like today.
Just told my wife I may have to start purchasing again next week if this keeps up
CU Ancient Members badge member.
Collection: https://flickr.com/photos/185200668@N06/albums
If you think interest rates are going higher stay away...!
Yep, we're going to be 25 basis points higher for 2017. Then possibly another 25 in 2018. Maybe.
<10 year="" outlook="" _we27_ll="" be="" just="" fine="" with="" our="" stacks.="" _don27_t="" let="" the="" noise="" disturb="" your="" nap.="" _we27_ll="" _don27_t="" />
Sure why not. Many people have been holding silver at this price for the last 10 years. What's another 10?
Knowledge is the enemy of fear
Sure why not. Many people have been holding silver at this price for the last 10 years. What's another 10?
What?! You mean these same people did not sell in 2011 when we saw $50 SLV and $1900+ GLD?
I would not want to call any bluff's with these people.
CU Ancient Members badge member.
Collection: https://flickr.com/photos/185200668@N06/albums
Sure why not. Many people have been holding silver at this price for the last 10 years. What's another 10?
What?! You mean these same people did not sell in 2011 when we saw $50 SLV and $1900+ GLD?
I would not want to call any bluff's with these people.
A few sold, but many, many more bought. And they bought more at 35, and much more again at 25.
Knowledge is the enemy of fear
Give Me Liberty or Give Me Debt
And all this really means is the spreads just got further apart, that's all. Relatively not long ago 10 oz generics were going for $175 when Spot was $11-12/oz.
Sure why not. Many people have been holding silver at this price for the last 10 years. What's another 10?
I was one of those same dumb people that held for 10 years bought in 2001 and 2002 sold though the years of 2010, 11 and 12 only 10x my money so i agree what is 10 more years.
Sure why not. Many people have been holding silver at this price for the last 10 years. What's another 10?
What?! You mean these same people did not sell in 2011 when we saw $50 SLV and $1900+ GLD?
I would not want to call any bluff's with these people.
Silver was in the high 30s or low 40s when the first pucks came out.
I'm still buried with them
I was new to stacking in 2009-2010 and silver coins never grew on me at the time. Luckily I unloaded close to the peak and never looked back. Fast forward 2015 I started stacking again but this time with more gold. Down Days like today I can stay patient and will continue to do so because now I'm looking at this like a hobby with shiny yellow.
Moral of the story...
It grew on me and I'm less likely to unload any of it. I know years from now I'll make profit on it if and when I'm ready.
Of course Turning the blind eye to daily markets is easier said than done.
As I type it looks like the Asia markets are giving a little boost to the green %.
CU Ancient Members badge member.
Collection: https://flickr.com/photos/185200668@N06/albums
For a minute I thought it was a ghost town.
CU Ancient Members badge member.
Collection: https://flickr.com/photos/185200668@N06/albums
good banking index, and services PMI was a big surprise on the higher side
Time to buy more.
+1
It's time to go shopping!
My YouTube Channel
Oh well, to each his own.
I'm not being mean, but some on this forum and Apmex ought to be in bathtubs together and the end of a Cialis commercial. You guys kill me with the idea that's the place to buy.
Oh well, to each his own.
Generally agree with you. APMEX prices are on the high side but once in awhile they have special sales where you can get a good deal.
Worry is the interest you pay on a debt you may not owe.
Knowledge is the enemy of fear
You must own a pawn shop or a coin shop LOL
He's a banker.
Give Me Liberty or Give Me Debt
Oh well, to each his own.
Good one! Consider me guilty. I've bought from lots of places, and one thing seems to recur especially when the metals markets are having a tough time.
I've dodged the bullet with Tulving, Northwest Territorial Mint and also with that basket case called Silver Shield. In each case, there were some warning signs. If the prices are too too good, you are dealing with a shoestring operation. If deliveries take too long, run Forest, run.
I do try to pay attention and buy from companies that I think will be in business at least as long as it takes for them to ship my order. Apmex will stay in business because they aren't cutting a lot of corners. It only takes one good screwing to justify paying a bit more to a legit company.
I knew it would happen.
You must own a pawn shop or a coin shop LOL
He's a banker.
Or maybe he likes junk.
Knowledge is the enemy of fear
You must own a pawn shop or a coin shop LOL
He's a banker.
Or maybe he likes junk.
Yeah, but it's tough to stack into neat piles. all those old 10K class rings and dental gold, and bent sterling silverware and picture frames
Liberty: Parent of Science & Industry
You must own a pawn shop or a coin shop LOL
He's a banker.
Or maybe he likes junk.
Yeah, but it's tough to stack into neat piles. all those old 10K class rings and dental gold, and bent sterling silverware and picture frames
No sterling and no teeth. Other junk just goes into a zip lock baggie. KISS principle hard at work.
Knowledge is the enemy of fear
My YouTube Channel
but the buy when everyone is selling idea doesn't seem appropriate yet.
this is getting scary bad.
but the buy when everyone is selling idea doesn't seem appropriate yet.
Gold and silver are still up 20-25% since "it's time", what is scary?
Knowledge is the enemy of fear
Will it be in the $1100s soon? That nasty, unnecessary upcoming rate hike it damaging the price potential.
Plus, I've got ebay bucks to spends and it was going to go into 2 ounces of gold. Will I lose $200 in 2 weeks if I buy now? Me not being psychic, I'm a bit scared to get in and the down trend is still in place.
The good news is that there does seem to be support at the $1200
and a few dollars +/- area
CU Ancient Members badge member.
Collection: https://flickr.com/photos/185200668@N06/albums
I'm wondering how long we splunge.
Will it be in the $1100s soon? That nasty, unnecessary upcoming rate hike it damaging the price potential.
Plus, I've got ebay bucks to spends and it was going to go into 2 ounces of gold. Will I lose $200 in 2 weeks if I buy now? Me not being psychic, I'm a bit scared to get in and the down trend is still in place.
The good news is that there does seem to be support at the $1200
and a few dollars +/- area
I'm still waiting for $800 gold & $12 silver. Patience grasshopper, patience.
Liberty: Parent of Science & Industry