i'm still getting more than spot per oz with some products. $55 per oz. (not bad for a shiny rock, huh) However, i have noticed an estimated 40% downturn in both my 925 silver price and sales frequently in Jewellery. Perhaps, People, giving up luxury's i guess? Which is not a good sign, or tightening the belts, etc. (wedgy) I guess not everyone looks at spot price to make a buying decision, Thankfully.. coins are still strong, scrap and junk silver are down. I Cant wait, to shop my head off. bargains are popping up but, the suppliers are running out? or hiding? its $400 a kg cheaper than last week for me. i saw the 1kg dragons too. $1120.5* as soon as my payments clear im getting as many as i can.
I bought a little Friday, less than 10 oz. Waiting to see if price drops. I think it will, but if it starts back up again I'll have no problem buying at 32. Better than buying now and price go down under 27
from one of our forum sponsor http://bullionmoney.com.au/products/2012-Lunar-Dragon-Silver-1KG-Coin.html
I bought 256oz of 1oz macaws at a fair price but I still aim to by another 100+ ozs of silver and 12 to 15oz of gold if I can keep a close eye on the spot price. I think that gold may turn around reasonably quickly and its my first bet, gamble on buying it now and hope she moves up this week and silver will lagg along later.
I'm tempted to pull the trigger on 8 kilos of silver. Gonna think about it though its a bit a of gamble right now but the prices seem really good right now.
This is what I've noticed since I started stacking and watching, listening, asking lots of questions and reading. When the price is going up most so called experts will tell you it's going up and they WILL ALL TELL YOU IT COULD REACH 100+ well that's true it could. Than when prices are going down they will tell you that the price could drop down to x amount AGAIN THE TRUTH. But they will follow up with, it's a buying opportunity AGAIN THE TRUTH. One thing that we can all agree on is that no matter the price of silver being today or last month the long term outlook is exceptional and we all know this, we don't need the experts to tell us that. I'm long on silver 20yrs if need be, (were do you think the price will be than?) we all just love the ride the spills and thrills. Gold, it seems obvious that short term gold is a safe bet and in my eyes will correct itself and move again but at some point and I for one wouldn't like to quess it will take a dive, I'm not saying soon or later but I feel that if I buy to much I will be watching the price rise at the same speed as the smile on my face and than I'm worried that I'd still be holding when the price dives and when it hits the bottom of it's fall I don't think it will be moving for quiet a while. Now Platinum I am warming up to you, it may drop still in price but if I have my fiat sitting on top of you I could see gold fall straight on pass you and going long could see some nice rewards so I'm warming up to you over gold. If I new how high gold was going I'd be more than happy to go in alot harder but I know that platinum could be the one for me, let's see.
Dusty A lot of smart money is mOving into PGMs Africa despite it's historical sovereign risk,is becoming more the new destination for FI Me I still prefer Aussie Ag
Bought about 150 oz mixture of 2011 Pandas, 2011 US Eagles, 2012 Kooks, 2011 Koalas ( Berlin Privy) and a few Dragons various weights up to 10oz ( but not the 1 oz ).
35 oz's of Scottsdales. 1 x 10 oz stacker, 10 x 1oz The One bars and 3x 5oz Prey bars. Thanks Bullion Boures. Great site, top prices. Wish I could say it was 35,000 oz's :/
If centrelink dont stuff up my payments and my boss has deposited the weekend work I did. My girlfriend owes me $70 and me mates owe me for beer. I should buy about Ohhh roughly, off the top of my head. 1oz perthmint koala and 2 x 1 oz Scottsdale.