My gut tells me it is going to go lower. The German economy is not helping right now with all the Gold they pulled out. I am looking at mid $25's before it starts its climb back to the mid $30's again.
This will be the second or third time this has happened over the last couple of years.
I have been buying a little here and there, but not like before. I changed what I am now accumulating in silver. No more private mint stuff ( I have a decent amount and needed to diversify my silver stash). Now I only get cheap US silver dollars and occasionally off quality ASEs. I have been buying low quality US silver dollars for roughly spot, and sometimes up to 50 cents over spot. The coins range from true melters to AG/G coins. I was able to get one coin dealer to sell me the US silver dollars he would normally send to the refiner for spot (since the refiner pays less than that), but the price has been creeping up a bit on the nicer crappy ones. I don't get true slicks or ones with too much damage or holes/bent. Anything else I grab. He only gets a few here and there so I can't get any volume, but I am getting a good deal on the few I can grab.
I buy them only for the silver content and have gotten some AU/BU coins where some knucklehead polished them, scratched his initials in them or something like that. Other than that such coins are full weight and not worn at all.
Also like PGMs but cannot afford any more at these prices. Glad I got mine when I did, but wish I would have gotten them sooner.
Wouldn't you know it when I have to sell for some fiat to pay bills because my closings have been extended, the spot price comes down. Well I sold 5 rolls half's today ( no problem whatever) for $1125.00 well above spot and the guy was happy because he would have to have paid more from his LCD. Lol
Hopefully the price is still down at the end off next week when I get my commissions and I'll buy some more but I doubt it as the Asians will be back at it after their New Years Celebrations. But I'll wish and hope. Lol