What do you all think? Buy now or buy later? >> $26.70/oz

Discussion in 'Silver' started by lynsilverbullion, Jun 21, 2012.

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  1. lynsilverbullion

    lynsilverbullion Member

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    Silver is at an all time low right now.... $26.75....

    So what does the jury think? Are you going to buy now or later?

    All opinions welcome!
     
    lynsilverbullion, Jun 21, 2012
    #1
  2. crojo

    crojo Member Silver Stacker

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    Later, I see it slipping lot more yet.
     
    crojo, Jun 21, 2012
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  3. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    Buy now
    Cry later ;)
     
    spannermonkey, Jun 21, 2012
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  4. ironwood

    ironwood Active Member Silver Stacker

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    I'm crying right now so what's a few more tears. :lol:
     
    ironwood, Jun 21, 2012
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  5. scone

    scone Active Member Silver Stacker

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    Have you still got fiat left to buy? Damn mines all gone :rolleyes:
     
    scone, Jun 21, 2012
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  6. lynsilverbullion

    lynsilverbullion Member

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    No I dont! It really sucks! I used the little I'd saved to buy back in february/march when it was at $30/31/oz!!

    I want to buy now but dont have the darn coloured paper to pay for it!! I'm trying to find a part time job to balance with uni, till I have enough to buy myself a few more ounces lol;)
     
    lynsilverbullion, Jun 21, 2012
    #6
  7. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    I spend half my wages each week on bullion :D
     
    spannermonkey, Jun 21, 2012
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  8. scone

    scone Active Member Silver Stacker

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    no wife, no kids spannermonkey?
     
    scone, Jun 21, 2012
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  9. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    Yep ,can't afford them :rolleyes:
    And no mortgage :D
    I've been looking for a rich woman who can afford to maintain me & my stacking addiction :D
    None out there yet :rolleyes:
    I'm not giving up yet :p
     
    spannermonkey, Jun 21, 2012
    #9
  10. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    All time low!

    Silver is still high from when I started buying.

    For a while I even stopped buying once it hit $20, no way was I going to pay that much. Same thing happenned at $30.

    Now we think that $26 is a really low price and time to start buying?!

    $26 is a good price to be buying, $30 is not a bad price to be buying. Granted, every dollar cheaper it gets is another dollars worth of silver to the stack, and no one wants to buy silver and then have it drop even more but really... just buy some today, then buy some more tomorrow and then some the next day.

    If you get it from Gold stackers they will post it all in one go so you don't waste postage, that way if silver rises or drops you haven't made too much of a commitment in one hit.

    I just need to be paid, I blew it all on Kookaburras during the great reminting.
     
    Jislizard, Jun 21, 2012
    #10
  11. goldpelican

    goldpelican Administrator Staff Member

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    Amateur Hour Sez...

    [​IMG]

    Relative Strength Index is 32 - that's almost at the technical threshold for oversold. Look at the typical price behaviour after the RSI dips below 30 - herd sez moo, run that way.

    In other words, glove up and catch that knife.
     
    goldpelican, Jun 21, 2012
    #11
  12. MetalMajix

    MetalMajix Member

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    It will drop a bit more, imo.

    Around $3 or so, is my guess.
     
    MetalMajix, Jun 22, 2012
    #12
  13. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    just create a profile in any dating site, post your photo standing next to your silver vault and then wait....you will be surprise the outcome :lol:

    OR

    you can try SS forum first to ads. We already paid the membership fee here anyway :lol:


    GP, peace bro!
     
    Lunardragon, Jun 22, 2012
    #13
  14. heyimderrick

    heyimderrick Active Member

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    Silver is certainly nowhere near its all time low. We can tumble much further, and if we get waves of panic selling and liquidations you'll be shocked at how fast it can fall. I think there is more downside to at least the low $20s. I would wait. There is nothing wrong with not catching the bottom.

    http://seekingalpha.com/article/676081-are-metals-due-for-a-meltdown
     
    heyimderrick, Jun 22, 2012
    #14
  15. goldpelican

    goldpelican Administrator Staff Member

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    Anyone with a Stockcharts subscription that could post the above graph showing the RSI during 2008/2009?
     
    goldpelican, Jun 22, 2012
    #15
  16. SULLA

    SULLA Member Silver Stacker

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    26th is a big day.

    BRICS (or something important) starts then doesn't it?
     
    SULLA, Jun 22, 2012
    #16
  17. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    I did a post a few months back looking for a TOORAK HOUSE WIFE ,but no luck
    Except for a few people trying to give away they're dear mother :rolleyes:
     
    spannermonkey, Jun 22, 2012
    #17
  18. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    ^
    *gubrak*

    I nearly felt down from my chair reading your post :p :lol:
     
    Lunardragon, Jun 22, 2012
    #18
  19. boston

    boston Well-Known Member Silver Stacker

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    So what do you do with the other $10? :)
     
    boston, Jun 22, 2012
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  20. goldpelican

    goldpelican Administrator Staff Member

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    Pays his taxes of course.
     
    goldpelican, Jun 22, 2012
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