now its time.

Discussion in 'Silver' started by Silvercross, Jun 20, 2013.

  1. Silvercross

    Silvercross Member

    Joined:
    May 29, 2011
    Messages:
    107
    Likes Received:
    1
    Trophy Points:
    18
    Location:
    Australia
    I'm not going to get into a why and why not on the subject of buying silver but today I'm going to start buying.

    I reckoned others to do so as well.

    Good luck
     
  2. Altima

    Altima Well-Known Member Silver Stacker

    Joined:
    Feb 7, 2013
    Messages:
    4,178
    Likes Received:
    58
    Trophy Points:
    48
    Location:
    Canada/Singapore
    Easy. Cos there's more people who are getting depressed and are not buying.

    I personally feel the bottom isn't in unless it starts scaring the pants off people.
     
  3. AGmagic

    AGmagic New Member

    Joined:
    Jun 3, 2013
    Messages:
    51
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    United States
    There were threads like these that popped up from time to time when silver hit below 30, then again at 27, and again at 26, again at 24, again at 22, and looks like again at 21...

    And guess what? There will be threads like these that pop up when it hits the 'teens:rolleyes:




    Not trying to be all negative, I like silver, I wouldn't be here otherwise, I'm not saying I know what the future holds, but theres no reason to post up stuff like this, every time it drops.
     
  4. Silvercross

    Silvercross Member

    Joined:
    May 29, 2011
    Messages:
    107
    Likes Received:
    1
    Trophy Points:
    18
    Location:
    Australia
    You will find that I'm not one that posts random topics and people that do no me would be interested to know when I am going to buy or sell.

    I've been on this forum for quiet a while and stay clear of the banter but for me now its time to buy and I'd expect to sell again within 24 months.

    I've placed a large order with the Perth mint to kick start things along.

    I wish everyone luck on picking the bottom and selling at the top or even those who stack but I'm a buy and sell person that dose this for fiat.
     
  5. DanielM

    DanielM Active Member Silver Stacker

    Joined:
    Oct 23, 2012
    Messages:
    2,889
    Likes Received:
    29
    Trophy Points:
    38
    Location:
    Melbourne
    Geee you seem to speak so good engrish. I reckoned* we all must listen to this one


    *advice is only personal opinion, please speak to your registered financial advisor(lol) before making any decisions
     
  6. Silvercross

    Silvercross Member

    Joined:
    May 29, 2011
    Messages:
    107
    Likes Received:
    1
    Trophy Points:
    18
    Location:
    Australia

    Yes I seem to have problems with my new android at times.
    Thank you for pointing this out.
     
  7. Guest

    Guest Guest

    It's quite normal for people to have bad grammar, those who speak English as a second language for example
     
  8. willrocks

    willrocks Well-Known Member Silver Stacker

    Joined:
    May 10, 2012
    Messages:
    7,777
    Likes Received:
    7,199
    Trophy Points:
    113
    Or if they had a significant learning disadvantage.

    ...

    Such as attending an Australian school.
     
  9. valuecreator

    valuecreator Well-Known Member Silver Stacker

    Joined:
    Dec 2, 2012
    Messages:
    1,526
    Likes Received:
    82
    Trophy Points:
    48
    Location:
    Qld
    Thanks Silvercross, let me know when you sell and we'll do another f2f. :)
     
  10. mightymatt

    mightymatt Active Member

    Joined:
    Jan 24, 2013
    Messages:
    305
    Likes Received:
    30
    Trophy Points:
    28
    Location:
    Melbourne Australia
    Good on you Silvercross. Its better to see a post like this than the ones that sound like people are about to jump of a bridge...lol
     
  11. Silvercross

    Silvercross Member

    Joined:
    May 29, 2011
    Messages:
    107
    Likes Received:
    1
    Trophy Points:
    18
    Location:
    Australia
    Ok it's a little hard to give all my reasons but I will give you a few of my thoughts to why it's time.
    Silver at this point has falling around 55% since it's highs in April 2011and this would be comparable to its fall from grace in the 2008 crash but this then set it up for its rally to again hit its highs and I can see it doing something vary similar .
    Also the price of silver is so low it makes its ratio at a three year high.
    Also the commercial traders and banks have positioned themselves in such a way that they could only be expecting a price rise. Why you ask !
    The COT report shows that they are net short 5000 contracts, one of the shortest I can recall and remember that on six months ago it was 50, 000.

    After today's market reports coming out of America I've never been more sure than I am now and the reasons I've listed above are only a couple of very solid reasons that I have.
     
  12. greyman68

    greyman68 New Member

    Joined:
    Oct 18, 2010
    Messages:
    371
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    I am buying more while the gettin" is good.
     
  13. Geeze guyz,
    Bit rough hangin the proverbial on the poor ba****d for his grammer an dikshun.
    English is not my first language either and many have laid aspersions on my credibility also for poor Inglish, Unfairly IMHO.
    Now I've vented that lil diatribe.
    This post is completely pointless.
    I'll keep cost averaging in small increments. or is that imcrumants, no, that's bloody foreigners commin in, int it. :D
     
  14. mmissinglink

    mmissinglink Active Member

    Joined:
    Sep 30, 2012
    Messages:
    6,009
    Likes Received:
    10
    Trophy Points:
    38
    Location:
    Everywhere...simultaneously
    Someone excited to buy silver...that should be encouraging to just about all stackers. I support it. I bought 30 oz at less than $1 premium last Friday at the close of the day (free shipping and no tax). That was a good deal that I found difficult to pass up. There may be better deals coming up in the next few weeks if or when the price drops several more dollars.....that's good by me....I will buy even more ounces.

    All of this is far better than the $34.00 spot that was in place when I first became aware of the trouble with fiat and the benefits of pm's.

    I'm hoping silver comes way down because it means great oppoprtunity to buy for me and many others.
     
  15. greyman68

    greyman68 New Member

    Joined:
    Oct 18, 2010
    Messages:
    371
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    anyone wants to sell, let me know, just purchased 60 ounces in rounds :)
     
  16. JoelAG

    JoelAG New Member

    Joined:
    Jun 25, 2012
    Messages:
    56
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Chicago, IL USA
    I bought today too. I've been buying in small increments as it's been going down.
     
  17. Stark

    Stark Active Member Silver Stacker

    Joined:
    May 9, 2013
    Messages:
    1,755
    Likes Received:
    16
    Trophy Points:
    38
    Location:
    Europe
    JoealAG, probably the best tactic. :) Nobody knows is this the end of falling or only the beginning (of falling for longer time period). ;)
     
  18. Makro

    Makro New Member

    Joined:
    Apr 24, 2013
    Messages:
    48
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Canada
    I felt it was a good buy when I did at 24ish...I am just drawn to the shiny objects...
    tomorrow am ill go grab some more. I must add I never seem to find these $1 over spot dealers. even the net sites got premiums and sometimes shipping. but seriously why the concern? we all know it has to go back up
     
  19. mmissinglink

    mmissinglink Active Member

    Joined:
    Sep 30, 2012
    Messages:
    6,009
    Likes Received:
    10
    Trophy Points:
    38
    Location:
    Everywhere...simultaneously

    They're not all that easy to find especially on the better quality stuff. Do you buy exclusively from dealers in Canada?
     
  20. silvertongue

    silvertongue Member Silver Stacker

    Joined:
    Oct 18, 2010
    Messages:
    899
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Depends on the day
    Couldn't quite believe my eyes this morning. Had to check the date... Yep, 2013... Where did the last 3 years go? Now I'm wondering, for the first time, will silver trade down to $16? Gold to $1100? Who was it who said, "One thing's for sure, we'll never see $20 silver again..." Oh look.... $20 silver.... Not really what I wanted to see...
     

Share This Page