The best time of the month to buy silver is?

I did a little calculation based on the spot price in $US as to when the best time is to buy silver during the month. Turns out on average the 15th of each month is the best time to buy, not once was it more expensive to buy silver on the 15th versus the start and end. So if your wondering when is the best time to buy silver I would suggest the 15th of each month. Had you purchased one ounce of silver each month on the three dates you would have saved $15 by doing so on the 15th versus the 30th.

---- 1ST 15TH 30TH
Nov-10 25 25 27
Dec-10 29 29 30
Jan-11 31 29 28
Feb-11 28 30 33
Mar-11 34 34 38
Apr-11 38 40 49
May-11 44 35 38
Jun-11 38 35 35
Jul-11 34 38 40
Aug-11 40 39 41
Sep-11 42 42 30
Oct-11 31 32 34
Average 34.5 34 35.25

 

Wait a tick, how did you get 30 days in February! :lol:

 

I have often wondered this myself, thanks

 

nice tips there, thanks

 

Its only 12 months data so its not what I would call repeatable, however monthly updates would confirm or deny the stats one would assume

 

More than anything it is a starting point. We can now watch and wait or act ?

 

The 15th is my pay day each month. This is great news!

 

the 30th and the 1st are only one day apart, so might make more sence to pick some different dates.

 

Like 10th, 20th and 30th?

Nice work though Hiho, a good starting point.

 

or one could argue they are 29 days apart

 

Could you also do a chart at a weekly base? I always believe silver price is best to buy on Friday.

 

Hhaha that's my monthly payday.

 

hiho............wondering if this is part of your strategy for picking the end of month guesses...........???.....or a ploy in directing us away from the scent????.....hahahahaha.............just kidding buddy.....i admit ...its going to be hard to beat you on this one......but i agree it will go down to the wire.......!!!

 

ohoh WMM has found me out doh! :lol:

no mate, its not

 

go hard mate

date price
10/31/2011 34.203
10/30/2011 35.308
10/28/2011 35.278
10/27/2011 35.33
10/26/2011 33.463
10/25/2011 33.005
10/24/2011 31.653
10/23/2011 31.483
10/21/2011 31.388
10/20/2011 30.333
10/19/2011 31.163
10/18/2011 31.92
10/17/2011 31.908
10/16/2011 32.285
10/14/2011 32.185
10/13/2011 31.822
10/12/2011 32.665
10/11/2011 32.015
10/10/2011 32.155
10/09/2011 31.685
10/07/2011 31.17
10/06/2011 31.913
10/05/2011 30.333
10/04/2011 30.175
10/03/2011 30.788
10/02/2011 30.418
09/30/2011 29.918
09/29/2011 30.793
09/28/2011 29.2
09/27/2011 31.78
09/26/2011 30.318
09/25/2011 30.642
09/23/2011 31.185
09/22/2011 36.313
09/21/2011 39.743
09/20/2011 39.85
09/19/2011 39.658
09/18/2011 40.73
09/16/2011 40.69
09/15/2011 39.75
09/14/2011 40.81
09/13/2011 41.167
9/12/2011 40.643
9/11/2011 41.508
9/09/2011 41.522
9/08/2011 42.378
9/07/2011 41.48
9/06/2011 42.192
9/05/2011 43.067
9/04/2011 43.287
9/02/2011 43.288
9/01/2011 41.633
08/31/2011 41.688
08/30/2011 41.345
08/29/2011 40.908
08/28/2011 41.328
08/26/2011 41.32
08/25/2011 40.832
08/24/2011 39.685
08/23/2011 42.213
08/22/2011 43.868
08/21/2011 43.722
08/19/2011 42.948
08/18/2011 40.558
08/17/2011 40.22
08/16/2011 39.94
08/15/2011 39.74
08/14/2011 38.983
8/12/2011 39.09
8/11/2011 38.743
8/10/2011 39.457
8/09/2011 38.508
8/08/2011 39.255
8/07/2011 39.225
8/05/2011 38.368
8/04/2011 38.99
8/03/2011 41.638
8/02/2011 40.63
8/01/2011 39.302
07/31/2011 39.77
07/29/2011 39.908
07/28/2011 39.718
07/27/2011 40.305
07/26/2011 40.845
07/25/2011 40.347
07/24/2011 40.453
07/22/2011 40.083
07/21/2011 39.393
07/20/2011 39.918
07/19/2011 39.273
07/18/2011 40.585
07/17/2011 39.743
07/15/2011 39.32
07/14/2011 38.408
07/13/2011 38.528
7/12/2011 36.263
7/11/2011 35.8
7/10/2011 36.698
7/08/2011 36.758
7/07/2011 36.445
7/06/2011 35.945
7/05/2011 35.383
7/04/2011 34.097
7/03/2011 34.138
7/01/2011 33.86
06/30/2011 34.77
06/29/2011 34.883
06/28/2011 33.875
06/27/2011 33.802
06/26/2011 34.213
06/24/2011 34.325
06/23/2011 35.332
06/22/2011 36.308
06/21/2011 36.417
06/20/2011 35.908
06/19/2011 35.98
06/17/2011 35.9
06/16/2011 35.558
06/15/2011 35.618
06/14/2011 35.49
06/13/2011 34.975
6/12/2011 36.06
6/10/2011 36.218
6/09/2011 37.62
6/08/2011 36.738
6/07/2011 37.138
6/06/2011 36.82
6/05/2011 36.483
6/03/2011 36.228
6/02/2011 36.238
6/01/2011 37.088
05/31/2011 38.433
05/30/2011 38.235
05/29/2011 38.22
05/27/2011 37.98
05/26/2011 37.458
05/25/2011 37.858
05/24/2011 36.623
05/23/2011 34.957
05/22/2011 35.398
05/20/2011 35.053
05/19/2011 35.135
05/18/2011 35.258
05/17/2011 34.075
05/16/2011 33.83
05/15/2011 35.12
05/13/2011 35.34
5/12/2011 34.885
5/11/2011 35.575
5/10/2011 38.613
5/09/2011 37.735
5/08/2011 35.835
5/06/2011 35.605
5/05/2011 34.325
5/04/2011 39.018
5/03/2011 41.162
5/02/2011 44.76
5/01/2011 43.745
04/29/2011 47.865
04/28/2011 48.302
04/27/2011 48.207
04/26/2011 46.06
04/25/2011 46.503
04/24/2011 47.738
04/22/2011 46.62
04/21/2011 46.623
04/20/2011 45.085
04/19/2011 44.045
04/18/2011 43.253
04/17/2011 43.273
04/15/2011 43.02
04/14/2011 42.285
04/13/2011 40.542
4/12/2011 40.068
4/11/2011 40.388
4/10/2011 41.207
4/08/2011 40.957
4/07/2011 39.613
4/06/2011 39.503
4/05/2011 39.188
4/04/2011 38.655
4/03/2011 38.005
4/01/2011 37.815
03/31/2011 37.66
03/30/2011 37.435
03/29/2011 37.04
03/28/2011 37.13
03/27/2011 37.175
03/25/2011 37.365
03/24/2011 37.298
03/23/2011 37.313
03/22/2011 36.368
03/21/2011 36.048
03/20/2011 35.668
03/18/2011 35.238
03/17/2011 34.453
03/16/2011 33.808
03/15/2011 34.253
03/14/2011 35.865
03/13/2011 36.31
3/11/2011 35.915
3/10/2011 35.34
3/09/2011 36.02
3/08/2011 36.048
3/07/2011 35.903
3/06/2011 35.89
3/04/2011 35.62
3/03/2011 34.25
3/02/2011 34.588
3/01/2011 34.725
02/28/2011 33.905
02/27/2011 33.515
02/25/2011 33.388
02/24/2011 32.395
02/23/2011 33.605
02/22/2011 33.042
02/21/2011 34.078
02/20/2011 32.75
02/18/2011 32.603
02/17/2011 31.735
02/16/2011 30.655
02/15/2011 30.695
02/14/2011 30.533
02/13/2011 29.87
2/11/2011 29.883
2/10/2011 30.153
2/09/2011 30.19
2/08/2011 30.237
2/07/2011 29.385
2/06/2011 29.02
2/04/2011 29.123
2/03/2011 28.833
2/02/2011 28.343
2/01/2011 28.555
01/31/2011 28.093
01/30/2011 28.31
01/28/2011 27.962
01/27/2011 27.008
01/26/2011 27.603
01/25/2011 26.82
01/24/2011 27.03
01/23/2011 27.603
01/21/2011 27.47
01/20/2011 27.54
01/19/2011 28.755
01/18/2011 28.872
01/17/2011 28.318
01/16/2011 28.635
01/14/2011 28.483
01/13/2011 28.807
1/12/2011 29.705
1/11/2011 29.538
1/10/2011 29.095
1/09/2011 28.84
1/07/2011 28.682
1/06/2011 29.04
1/05/2011 29.34
1/04/2011 29.89
1/03/2011 30.74
1/02/2011 30.818
12/31/2010 30.915
12/30/2010 30.563
12/29/2010 30.638
12/28/2010 30.25
12/27/2010 29.468
12/26/2010 28.872
12/24/2010 29.293
12/23/2010 29.303
12/22/2010 29.328
12/21/2010 29.37
12/20/2010 29.368
12/19/2010 29.433
12/17/2010 29.193
12/16/2010 28.918
12/15/2010 28.913
12/14/2010 29.575
12/13/2010 29.608
12/12/2010 28.53
12/10/2010 28.688
12/09/2010 28.79
12/08/2010 28.362
12/07/2010 28.873
12/06/2010 30.035
12/05/2010 29.535
12/03/2010 29.39
12/02/2010 28.635
12/01/2010 28.455
11/30/2010 28.068
11/29/2010 27.16
11/28/2010 26.665
11/26/2010 26.725
11/25/2010 27.51
11/24/2010 27.538
11/23/2010 27.4
11/22/2010 27.773
11/21/2010 27.72
11/19/2010 27.31
11/18/2010 27.345
11/17/2010 25.735
11/16/2010 25.395
11/15/2010 25.455
11/14/2010 25.997
11/12/2010 26.03
11/11/2010 27.525
11/10/2010 27.193
11/09/2010 27.318
11/08/2010 27.578
11/07/2010 26.943
11/05/2010 26.735
11/04/2010 26.158
11/03/2010 24.858
11/02/2010 24.908
11/01/2010 24.733

 

Base on the number given, here's the result. Why is there Sunday??

Mon: $34.63
Tue: $34.71
Wed: $34.74
Thu: $34.63
Fri: $34.75
Sun: $34.82

 

updated more data, on average still best to buy on the 15th

---- 1ST 15TH 30TH
Nov-10 25 25 27
Dec-10 29 29 30
Jan-11 31 29 28
Feb-11 28 30 33
Mar-11 34 34 38
Apr-11 38 40 49
May-11 44 35 38
Jun-11 38 35 35
Jul-11 34 38 40
Aug-11 40 39 41
Sep-11 42 42 30
Oct-11 31 32 34
Nov-11 33 34 31
Dec-11 33 29 28
Jan-12 29 30 34
Feb-12 34 33 35
Mar-12 35 33 33
Apr-12 33 32 31
May-12 31 27 28
Average 33.8 32.9 33.8

 

Best time for me is right after getting paid. Or when the Mrs won't notice money missing.

 

But today is the 27th and it hasn't been cheaper then any of those dates except the first one.
it's $26.86 right now, was a bit higher then that on the 15th of this month wasn't it?
regardless of how a chart is showed it's all the same thing, history.

 

Damn you Hiho...now i have to wait a couple of weeks to back up the truck