Last Buying Opportunity

Discussion in 'Gold' started by The Road Home, Jun 2, 2013.

  1. pdkbffwleo

    pdkbffwleo New Member

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    Very true! purchased at $27, then $22...I would love to buy again...ugh...when is the question!
     
  2. The Road Home

    The Road Home Member

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    No, they are not saying that at all. Read again, it's says this is the new low. Whatever happens from here on, this is the lowest the PM prices will go.
     
  3. pro$pector

    pro$pector New Member

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    I'm betting against that.
     
  4. The Road Home

    The Road Home Member

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    Again, No, they are not saying that. This is the new low for prices for Pm's. If you want the absolute best price, buy now. As some people like to say, buy by the truck load.
     
  5. The Road Home

    The Road Home Member

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    And based on?
     
  6. pro$pector

    pro$pector New Member

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    The massive downtrend gold and silver are currently in.


    You should have phrased it differently then?
     
  7. ha55sh

    ha55sh Member

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    It is inevitable that the Gold price will not break USD1000. What ever happens with AUD-USD is a different story. Kyle Bass's latest interview is worth watching for an hour.
     
  8. pro$pector

    pro$pector New Member

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    Famous last words.

    But I personally don't see it below $1000 USD either.
     
  9. Makro

    Makro New Member

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    what a odd world we live in... a time where a country can make and break its laws for profit...now that's a definition of a sell out.
    I will grab a bit more... these lower prices wont shake it from my hands..the lower it goes the higher my %
     
  10. ha55sh

    ha55sh Member

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    Apologies @ Pro$pector : I beleive that the prices will definately go below 1000 USD. Will touch 1200 USD by end of next week.
     
  11. ha55sh

    ha55sh Member

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    We saw gold at USD 800 in 2008.....
     
  12. pdkbffwleo

    pdkbffwleo New Member

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    No. that's ridiculous. anyone who says this must have bought at $1800. So, THIS is the new low...ohhhhhhhh k
     
  13. pdkbffwleo

    pdkbffwleo New Member

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    until it drops to $400 an ounce...and you're completely broke because you keep averaging down until you can't eat.

    Then, you sell it all at $404, and it spikes to $2000 a year later.:D
     
  14. The Road Home

    The Road Home Member

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    Actually these people don't buy Gold. Armstrong believes Gold in the end will disappoint many people. Not my opinion.
     
  15. chrissilver

    chrissilver Member Silver Stacker

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    Silver is a buy now.

    Gold is a buy around here, although I would like to see a slightly further pull back in gold.

    As a % increase silver has a bigger opportunity.

    that's my opinion.
     
  16. PAGAU

    PAGAU New Member

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    Hello fellow stackers, my first post here and new to stacking.
    I have recently bought some silver '10 oz kooks' (learning the lingo!) and 2 1oz gold bars to start me off.
    I intend to buy more silver each month, sort of dollar cost averaging I suppose.
    My outlook is to retire in 18 years (from work) with a healthy stack.

    If silver reaches A$20 I might buy 6 months worth.
     
  17. Makro

    Makro New Member

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    why would I buy more than I can afford?
     
  18. ha55sh

    ha55sh Member

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    We are not looking too far off from a $1000 and below are we??
     
  19. pro$pector

    pro$pector New Member

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    Still has to lose another 1/4 of its value yet. :cool:
     
  20. Phiber

    Phiber Well-Known Member Silver Stacker

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    Well, looks like it wasn't the last buying opportunity after all!
     

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