AG $10 swings the new normal?

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BruceS
BruceS Posts: 1,556 ✭✭✭✭✭
in Precious Metals

Are we getting so used to it, it doesn't even faze us anymore? Just crazy....

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Comments

  • toadstrangler
    toadstrangler Posts: 10,034 ✭✭✭✭✭
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    Super volatility for sure. Weeeeeee

    COPPER is gutter !

  • derryb
    derryb Posts: 38,614 ✭✭✭✭✭
    edited May 15, 2026 8:37AM
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    silver has been volatile since I jumped in in 2006. Much opportunity for those that can play AGQ and ZSL with somewhat accuracy. Catching the high and low is not as important as correctly catching the direction.

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,223 ✭✭✭✭✭
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    It’s awful and awesome at the same time. :joy:

  • Dave99B
    Dave99B Posts: 8,947 ✭✭✭✭✭
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    I hope not, as it’s tough on coin shops.

    Dave

    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • johnny9434
    johnny9434 Posts: 34,111 ✭✭✭✭✭
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    Its gonna be interesting for a while...

  • Azurescens
    Azurescens Posts: 2,907 ✭✭✭✭✭
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    I'm just very glad I bought deals when it peaked so I'm living the gambler's dream of breaking even for the time being.

    I can't imagine what coin shops are going through right now.

    I would be buying more at these prices if I didn't have such a garbage spring season. I can't help but feel we will be stuck here for awhile anyway so I'm in no rush.

  • rte592
    rte592 Posts: 2,235 ✭✭✭✭✭
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    Coin shops are still working on margins and turning what they buy as soon as possible for said margin.
    My local place holds a little bit back and is under on some pieces.
    Call it inventory/investment.

  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,223 ✭✭✭✭✭
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    Bought 500 oz at $76.11, last week. It’s certainly nowhere near the highs I’ve paid. But I take blitzdude’s advice seriously, and buy high.

  • toadstrangler
    toadstrangler Posts: 10,034 ✭✭✭✭✭
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    @TwoSides2aCoin said:
    Bought 500 oz at $76.11, last week. It’s certainly nowhere near the highs I’ve paid. But I take blitzdude’s advice seriously, and buy high.

    In the end, you are buying low.

    COPPER is gutter !

  • blitzdude
    blitzdude Posts: 7,726 ✭✭✭✭✭
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    @TwoSides2aCoin said:
    Bought 500 oz at $76.11, last week. It’s certainly nowhere near the highs I’ve paid. But I take blitzdude’s advice seriously, and buy high.

    Ouch, keep buying. :sweat_smile: RGDS!

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????
    Retiring at 55, what day is today? :sunglasses:

  • taxmad
    taxmad Posts: 1,198 ✭✭✭✭
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    @blitzdude said:

    @TwoSides2aCoin said:
    Bought 500 oz at $76.11, last week. It’s certainly nowhere near the highs I’ve paid. But I take blitzdude’s advice seriously, and buy high.

    Ouch, keep buying. :sweat_smile: RGDS!

    Where is the 'ouch'? Spot is $77.11 atm

  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,223 ✭✭✭✭✭
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    @blitzdude said:

    @TwoSides2aCoin said:
    Bought 500 oz at $76.11, last week. It’s certainly nowhere near the highs I’ve paid. But I take blitzdude’s advice seriously, and buy high.

    Ouch, keep buying. :sweat_smile: RGDS!

    I ordered another 100 ounces on Thursday. If I’d have only waited. But, FOMO affects many…. I’m a little numb to it, or insulated from it. Maybe because I don’t operate on fear.

  • rte592
    rte592 Posts: 2,235 ✭✭✭✭✭
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    I sold $110 in sterling silver today that I probably should have kept but I'm only $15 away from breaking even on this last lot of rings.

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