Silver $26aud or less

Discussion in 'Silver' started by Golden ChipMunk, Feb 20, 2013.

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  1. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    Hey guys
    Are we looking Ag going $26 or less at this stage. Are we buying at this price?
    Or wait still. I can feel the vibration. Have any of you notice?
    What are the holding point has it break a few of these yet?
    Something had happened do any of you know?
    I no expert in this field , surely someone know something
    here. Please share some information here. So we can understand better.
    Advance thanks.
     
    Golden ChipMunk, Feb 20, 2013
    #1
  2. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    It would be interesting to benchmark the retail prices from last week of a generic 1oz bullion round, a PAMP 1oz bar like a Fortuna and the going price for a 1oz Lunar like a rabbit or a tiger and see how their prices change relative to spot if it should drop into the mid 20's in the coming weeks. It would be quite revealing IMHO as an indicator of how much the purchase premiums of things like PM Lunars and PAMP bars when you first buy them repay you when the silver spot price falls.
     
    Shaddam IV, Feb 20, 2013
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  3. No Box

    No Box New Member

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    I was thinking the same thing. Most dealers that I know of are not dropping their prices on that type of silver but are dropping prices on generic silver rounds and bars.
     
    No Box, Feb 20, 2013
    #3
  4. Matthew 26:14

    Matthew 26:14 New Member

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    Collectable silver (ie numismatic or semi numismatic) are less prone to price falls due to the silver price because they are a collectable, not a base metal buy.
     
    Matthew 26:14, Feb 20, 2013
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  5. DanielM

    DanielM Active Member Silver Stacker

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    I have some screen shots of goldstackers website from a couple months ago with spot ranging from about 32-29$
    Spot @ 32.05
    Pamp 1oz fortuna $45.90
    Pamp kg cast $1,102.75
    Perth mint cast 100oz $3,376.15

    Spot @ 29.83
    Pamp 1oz fortuna $43.35
    Pamp kg cast $1,028.50
    Perth mint cast 100oz $3,149

    Spot @ 27.88
    Pamp 1oz fortuna $41.40
    Pamp kg cast $1,953
    Perth mint cast 100oz $2,944
     
    DanielM, Feb 20, 2013
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  6. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    btfd.
     
    RetardedMonkey, Feb 20, 2013
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  7. Peter

    Peter Well-Known Member

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    I think the drop is because some think the worst is over.
    Less safehaven.
    I think the worse is yet to come., big-time.
    I guess to
    $23?
     
    Peter, Feb 20, 2013
    #7
  8. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    spot aud $28 atm
     
    Golden ChipMunk, Feb 21, 2013
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  9. Argent47

    Argent47 Member

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    Sit tight. If the fundamental reasons you invested in PM's haven't changed, just hold on :)
     
    Argent47, Feb 21, 2013
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  10. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    em not selling. Going long haul.
    Buying at dip. Which is? That is the
    question. I m many will. Two weeks from now. Will see.
     
    Golden ChipMunk, Feb 21, 2013
    #10
  11. DanielM

    DanielM Active Member Silver Stacker

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    Btfd????

    Buy the ....ing dip?????
     
    DanielM, Feb 21, 2013
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  12. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    r u sure? :lol:
    :p
     
    Golden ChipMunk, Feb 21, 2013
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  13. DanielM

    DanielM Active Member Silver Stacker

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    I dunno, I was kind of asking what btfd is
     
    DanielM, Feb 21, 2013
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  14. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    You are correct.
     
    RetardedMonkey, Feb 21, 2013
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  15. bordsilver

    bordsilver Well-Known Member Silver Stacker

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    :lol: And here I was thinking it was the first and last letter of two other words describing what happened to people forced to sell now or who bought a few weeks ago :lol:
     
    bordsilver, Feb 21, 2013
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  16. Kam

    Kam Active Member Silver Stacker

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    IMHO, the dip should somewhere around 26 support, we might want to see the price action around this level and act accordingly ;)
     
    Kam, Feb 21, 2013
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  17. DanielM

    DanielM Active Member Silver Stacker

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    As in b..t f....d??
     
    DanielM, Feb 21, 2013
    #17
  18. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    one support at 27+ . Break this bearer down she goes. After this one 25+ another one. :lol:
     
    Golden ChipMunk, Feb 21, 2013
    #18
  19. bordsilver

    bordsilver Well-Known Member Silver Stacker

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    You're good at this.
     
    bordsilver, Feb 21, 2013
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  20. VRS

    VRS Well-Known Member Silver Stacker

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    I'm sure he meant b*ttf*cked... (it's one word - syntax & timing are all in this game) ;)
     
    VRS, Feb 21, 2013
    #20
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