Anyone planning on buying (more) this week?

[jim4silver]

It looks like we might have another nice dip coming tonight. The chart is not looking good so far. The Hong Kong market opens soon and it will be interesting to see what happens. If we get another 1 to 2 dollar drop that lasts into the day tomorrow I have a feeling my car is going to drive me to the coin dealer. For some reason all the stores have inventory with premiums not much higher than before the crash.

I spoke to one of my coin dealers today and he said they are having a good amount of inventory coming in from sellers each day. My guess is many of them were buyers at 40 and above and they can't take the pain anymore?

If I do buy I am going to stick to generic 1 to 10 ounce rounds/bars. Nothing fancy and no high premium stuff for me.

Just wondering if anyone else is going to buy.

Jim

 

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[Marchas45]

It looks like we might have another nice dip coming tonight. The chart is not looking good so far. The Hong Kong market opens soon and it will be interesting to see what happens. If we get another 1 to 2 dollar drop that lasts into the day tomorrow I have a feeling my car is going to drive me to the coin dealer. For some reason all the stores have inventory with premiums not much higher than before the crash.

I spoke to one of my coin dealers today and he said they are having a good amount of inventory coming in from sellers each day. My guess is many of them were buyers at 40 and above and they can't take the pain anymore?

If I do buy I am going to stick to generic 1 to 10 ounce rounds/bars. Nothing fancy and no high premium stuff for me.

Just wondering if anyone else is going to buy.

Jim

Heck I just bought 10 rolls of quarters last Saturday night for $1905.00 well below spot on ebay and I'm looking to buy more in the next couple of days if I can find it at spot or below. Ebay is unbelievable right now as buyers are buying well over spot so I guess that route is of for now unless I spot a deal.
If it goes below $28.00 I will really be jumping all over it and be spending a serious amount of cash on lots of rounds and bars.
Let the fun continue for the serious collectors with all the ups and downs. Long may it continue.

 

[Dman]

I believe silver will go below $25 and be down around $20 by mid to late December. I sold all my silver when it got to $45 and I am waiting for it to go below $20 before I buy a lot more.

 

[mts]

I believe silver will go below $25 and be down around $20 by mid to late December. I sold all my silver when it got to $45 and I am waiting for it to go below $20 before I buy a lot more.

I have to say that I agree with you on your predictions. Silver is in a steady slide right now. It seems to crash 25%, then recover by only about 12%. If this pattern continues we could be looking at $20-$25 by the end of the year. I'm holding steady for now.

But as usual, if you want to make money, do the opposite of what I do.

 

[Dman]

I believe silver will go below $25 and be down around $20 by mid to late December. I sold all my silver when it got to $45 and I am waiting for it to go below $20 before I buy a lot more.

I have to say that I agree with you on your predictions. Silver is in a steady slide right now. It seems to crash 25%, then recover by only about 12%. If this pattern continues we could be looking at $20-$25 by the end of the year. I'm holding steady for now.

But as usual, if you want to make money, do the opposite of what I do.

My friends tell me the same thing. LOL

 

[Jeep]

I will be buying all week, everyone wants to dump it when it goes low and I am more then happy to
take it off their hands

My favorite ploy is to look at my phone and say as you were debating the price I am paying silver just went down and so did my price.

Makes for a quick buy