Missed the boat on 15 dollar silver

Well price seems to be headed downwards. Will you be buying now or waiting ?
 
pulled the trigger on 2 mb's of buffalo rounds last night on sale from ebay, worked out to $17.12oz delivered. i was going to try and wait for the $15's again but i figured for $17.12 i better pull it now, my though process was if silver hits $15.75 then this purchase will assume a premium of $1.40, right now with spot at $16.44 the premium paid was only .68
 
Oh. Did you get the new buffalo rounds from Sunshine Mint with the new security feature?
 
yeah, i have a 0% interest card till january 2016 that i'd been looking to buy with. ive been shopping cc prices with all the different dealers and when this deal came up it was an easy decision, next cheapest silver i could have gotten with cc was $17.80
 
Don't worry....we will see $15 in the next year again, I'm sure. Unless the U.S. economy tanks; but with interest rates on the rise the safe Greenback will push silver down again. We are living in a little of a dead cat bounce, IMO. (No evidence, just my gut.)
 
Jkenosh said:
i usually buy at jmbullion
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i like them too but their cc pricing is higher than other dealers, i buy from the a lot but never with cc

goldmart has the best cc pricing, and thats the only way i would buy from these guys, i dont trust them with any other form of payment
 
exactly. What's the down-side vs. the upside risk. I think that is what we have to consider. Is 14 possible, sure. Is 21 possible, sure. Roll the dice and see which side wins. I've placed my bets. I'd rather a 5 dollar upside to a 1.50 down side. Is 10 possible, yeah okay, go back to smoking your peace pipe. Just say'n. I'm not predicting or forecasting price, but in my opinion those calling for 10.00 silver are just as idiotic as those calling for 60.00 silver.
 
The lowest I was able to nab recently was at $15.43 USD spot.

And it was a pretty big order for me, too. Including a piece that I probably wouldn't otherwise be able to afford / be willing to pay at $20+ or whatever.


I would love for it to go below that. Would allow for some other (relatively) large items. :)
 
barsenault said:
exactly. What's the down-side vs. the upside risk. I think that is what we have to consider. Is 14 possible, sure. Is 21 possible, sure. Roll the dice and see which side wins. I've placed my bets. I'd rather a 5 dollar upside to a 1.50 down side. Is 10 possible, yeah okay, go back to smoking your peace pipe. Just say'n. I'm not predicting or forecasting price, but in my opinion those calling for 10.00 silver are just as idiotic as those calling for 60.00 silver.
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IMHO, we are in a 2-3 month bounce that started about 1 1/2 months ago. We had a chance at a final bottom this time, but something stopped it. Rick Rule mentioned that we didn't get the capitulation too. Only pms I am buying are stuff for immediate resale and some things that won't be there by the time the bottom happens.
 
dccpa said:
barsenault said:
exactly. What's the down-side vs. the upside risk. I think that is what we have to consider. Is 14 possible, sure. Is 21 possible, sure. Roll the dice and see which side wins. I've placed my bets. I'd rather a 5 dollar upside to a 1.50 down side. Is 10 possible, yeah okay, go back to smoking your peace pipe. Just say'n. I'm not predicting or forecasting price, but in my opinion those calling for 10.00 silver are just as idiotic as those calling for 60.00 silver.
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IMHO, we are in a 2-3 month bounce that started about 1 1/2 months ago. We had a chance at a final bottom this time, but something stopped it. Rick Rule mentioned that we didn't get the capitulation too. Only pms I am buying are stuff for immediate resale and some things that won't be there by the time the bottom happens.
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Key: "Only pms I am buying are stuff for immediate resale and some things that won't be there by the time the bottom happens." I'm doing the same. And I have a feeling you're buying the same stuff that I'm buying. LOL. That's exactly what happened the remints of the kooks. They were long gone at decent prices before silver broke below 26.00. That's what will happen with the limited mintage coins that fall with spot. I'm not telling what I'm buying. LOL.
 
$15 silver will be seen as an overvaluation within the upcoming months as we will see a further drop to $14. I'm not backing the truck up until then.



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