At what price would you stop buying?

[Jim4silver]

I've got enough I think. ...

Do tell, how much is enough?

A certain percentage of my investments. I'm not silly enough to go all-in on metals, they don't produce any income and have a poor track record in terms of gains. I like having some in my portfolio though.
If I was going to go all-in on a commodity, it would be oil over PM's.

I guess you mean shorting oil, right? That dog looks worse than silver right now, and that ain't easy. I had fun the other day aggravating one of my progressive lib acquaintances that owns 2 hybrid cars (that's a dead giveaway here in the US re: progressive libs) and thinks peak oil is real. I asked him when he was going to buy a new gas SUV with such low oil prices and he didn't look amused.

There is more oil than the purveyors of peak oil/global warming, etc, want people to believe. Especially in North America. Just wait till they finally decide to open the spigots. I would not be surprised to see $30 oil again or lower before the price rallies again.

Just my opinion.

Jim

 

[Gatito Bandito]

I don't believe that particular spot price would ever reach that point in my lifetime, so I'm not terribly concerned about it.. :lol:


Though obviously any increases would most likely curtail the number of additional ounces acquired.