So far as of today, I have not bought anything this week but I am always looking for and buying silver art bars that are either on my silver art bar wish list or that are very interesting to me. The current spot does not matter to me but the premium that I pay for one does matter and I try to concentrate on paying the lowest premium possible for one.
DISCLAIMER: I am NOT a '70's silver art bar expert but I try my best to play one on the Internet.
Well about a month ago I bought, 1000 silver maple leafs in 25 coin tubes (20 tubes in total, well 21 and 1 was given away to YN members (1 coin each and 5 got 2 by raffle)) for $28 each when silver was $27.86! Glad I did and will keep buying until it hits $42.50, that is my stop spot. He called Wednesday and said he can buy 300 ASE's in tubes, 1996's no less and said they are mine for $33.25each, or .25 each over his cost so I said, go. Wired the funds and pick them up tomorrow. Wish I had ought the other 500 maple leafs he had about a month ago! You win some and lose some, but if I had a magic 8 ball I wouldn't e posting here, I would be Caribbean with some hot girl with commitment issues. *Sigh*
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
Sold some silver and will be culling out some oddball this week. Stacking cash waiting for a drop ( or at least stabilization) or a deal to come along. I did buy one piece of gold this past week though
Found this today. Don't know the guy but he has an opinion on the next dip in silver and backs it up from the data. Bottom line - the bottom of the next dip won't be close to what the prices are currently. Again, that's his opinion; I understand his rational. Might be important for y'all to consider - those of you keeping your powder dry at the moment.
With silver it is always a guessing game. Those waiting for the next dip may get left behind... or not.
I remember quite clearly, not so long ago.... there were those on this forum that thought silver at $22-24 range was over priced.... and would sell, then wait until the price dropped back down to $18 to buy again. Worked well, for awhile. but of course all at once the price never returned, and those who were waiting were left behind. To get back into the game, they had to buy back at a higher price.
Bottom line, who knows? Who has the working crystal ball? Myself, I buy less as the price increases, but it all depends on the premium and what opportunity presents itself.
<< <i>With silver it is always a guessing game. Those waiting for the next dip may get left behind... or not.
Bottom line, who knows? Who has the working crystal ball? Myself, I buy less as the price increases, but it all depends on the premium and what opportunity presents itself. >>
Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
I remember quite clearly, not so long ago.... there were those on this forum that thought silver at $22-24 range was over priced.... and would sell, then wait until the price dropped back down to $18 to buy again. Worked well, for awhile. but of course all at once the price never returned, and those who were waiting were left behind. To get back into the game, they had to buy back at a higher price.
Funny how those who took that approach, are still waiting to for a dip LMAO! Let 'em count their stacks of green. When I have my sellers hat on, patience has truly been a virtue.
To forgive is to free a prisoner, and to discover that prisoner was you.
Those waiting for a dip...When Silver was $30, it was too much for you to buy apparently. Now that it's almost $35, that's what you're waiting for so you can buy??? I dont get that approach at all. Just keep buying until you #1 feel you have enough and/or #2 buy as funds allow to do so.
You all know I was bummed out on Silver for (what seemed like) a long time, but when it hit $30-ish, I changed my position here publicly. Some of you might say pot-kettle-black, but that never changed the fact that I was still buying all along, just not as much as I normally would have, because the value was stagnant for longer than I prefer it to be...but I kept buying is the point.
Not buying at all because you're waiting for dip doesn't make sense. See the first paragraph why. You're now waiting for price to buy that was already there for you to do so? Makes no sense to me. As always, jmho.
To forgive is to free a prisoner, and to discover that prisoner was you.
Looking strictly at silver's seasonality since the beginning its bull run in 2001, Oct 1. (plus or minus a couple of days days) has historically been one of the best times to buy silver. Let's see if holds true again this year.
No Way Out: Stimulus and Money Printing Are the Only Path Left
Comments
Click on this link to see my ebay listings.
No Way Out: Stimulus and Money Printing Are the Only Path Left
–John Adams, 1826
I'm with derryb. Take care. jws
Herb
<< <i>I would be Caribbean with some hot girl with commitment issues. *Sigh* >>
The thought makes me Smile.
Coinfame,Kaelasdad,Type2,UNLVino,MICHAELDIXON
Justacommeman,tydye,78saen,123cents,blue62vette,Segoja,Nibanny
<< <i>"stackin green for the next dip."
I'm with derryb. Take care. jws >>
Ditto. Keeping my powder dry.
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 haven't bought much gold lately because short term I believe that silver will out perform it.
It's all about what the people want...
Text
–John Adams, 1826
I remember quite clearly, not so long ago.... there were those on this forum that thought silver at $22-24 range was over priced.... and would sell, then wait until the price dropped back down to $18 to buy again. Worked well, for awhile. but of course all at once the price never returned, and those who were waiting were left behind. To get back into the game, they had to buy back at a higher price.
Bottom line, who knows? Who has the working crystal ball? Myself, I buy less as the price increases, but it all depends on the premium and what opportunity presents itself.
<< <i>With silver it is always a guessing game. Those waiting for the next dip may get left behind... or not.
Bottom line, who knows? Who has the working crystal ball? Myself, I buy less as the price increases, but it all depends on the premium and what opportunity presents itself. >>
In God We Trust.... all others pay in Gold and Silver!
Funny how those who took that approach, are still waiting to for a dip LMAO! Let 'em count their stacks of green. When I have my sellers hat on, patience has truly been a virtue.
Fred, Las Vegas, NV
Now that it's almost $35, that's what you're waiting for so you can buy??? I dont get that approach at all. Just keep buying until you #1 feel you have enough and/or #2 buy as funds allow to do so.
You all know I was bummed out on Silver for (what seemed like) a long time, but when it hit $30-ish, I changed my position here publicly. Some of you might say pot-kettle-black, but that never changed the fact that I was still buying all along, just not as much as I normally would have, because the value was stagnant for longer than I prefer it to be...but I kept buying is the point.
Not buying at all because you're waiting for dip doesn't make sense. See the first paragraph why. You're now waiting for price to buy that was already there for you to do so? Makes no sense to me. As always, jmho.
No Way Out: Stimulus and Money Printing Are the Only Path Left