Silver coins/rounds question

Printable View

Show 40 post(s) from this thread on one page

06-09-2013, 17:00
HoneyBadger

Quote:

Originally Posted by Richard K

Well, I listened to all the financial analyists who predicted the price of silver was going to double or triple. I pulled money out of my retirement accounts and bought 1,000 2012 Silver Eagles @ $40.25 each. Immediately thereafter the price of silver started dropping and is now just slightly over $22! If it weren't for bad luck I'd have no luck at all!

I'll kindly take them off your hands for spot + $3 each! [Muaha]

In all seriousness, keep hanging on to them... Silver is definitely going to go back up real soon!
06-09-2013, 17:05
sellersm

Silver coins/rounds question

Quote:

Originally Posted by Richard K

Well, I listened to all the financial analyists who predicted the price of silver was going to double or triple. I pulled money out of my retirement accounts and bought 1,000 2012 Silver Eagles @ $40.25 each. Immediately thereafter the price of silver started dropping and is now just slightly over $22! If it weren't for bad luck I'd have no luck at all!

They're still worth more than the paper that backed your retirement account!!

Hang onto them. They are for longterm.

Sent from my fat fingers using Tapatalk
06-09-2013, 17:19
Richard K

Quote:

Originally Posted by HoneyBadger

I'll kindly take them off your hands for spot + $3 each! [Muaha]

In all seriousness, keep hanging on to them... Silver is definitely going to go back up real soon!

Sure hope you're right!!!
06-09-2013, 18:56
lex137

I plan on buying 10oz bars before it jumps back up.
06-09-2013, 19:38
hatidua

Quote:

Originally Posted by Richard K

Well, I listened to all the financial analyists who predicted the price of silver was going to double or triple. I pulled money out of my retirement accounts and bought 1,000 2012 Silver Eagles @ $40.25 each. Immediately thereafter the price of silver started dropping and is now just slightly over $22!

If the financial analysts were any good, they'd be pushing silver even harder now at $22 than they were at $40. Commodities rise and commodities fall, buying cheap tends to have merit in the long term....or so the story went.
06-28-2013, 18:56
sellersm

If you're in Wisconsin, you can pay for your meal with pre-65 dimes, coins! http://www.theblaze.com/stories/2013...d-before-1965/

If you haven't looked lately, great time to buy!
06-28-2013, 19:40
Circuits

After closing around $18.50 the last two days, spot is up to $19.66 today on silver.
06-28-2013, 19:44
roberth

Quote:

Originally Posted by Circuits

After closing around $18.50 the last two days, spot is up to $19.66 today on silver.

I saw that too.

Is it a blip up during a downturn? Is it a signal that silver is going to climb for while?
06-28-2013, 19:50
enthusiast

Provident has a good sale going on right now for 10oz bars. Free shipping (STACKOPMTEN) and $1.19 over spot. I bought some when they were under 200, today I see them at 208. I am hoping they dip again before the free shipping ends as I want to buy more.

http://www.providentmetals.com/media..._watermark.jpg
http://www.providentmetals.com/opm-1...?ref=slideshow
06-28-2013, 22:15
Circuits

Quote:

Originally Posted by roberth

I saw that too.

Is it a blip up during a downturn? Is it a signal that silver is going to climb for while?

I'm not a metals speculator, but my gut says no. My personal strike price for silver is $15.

Show 40 post(s) from this thread on one page