When/if silver hits $15 or lower, what are u going to buy?
- Thread starter ego2spare
- Start date
Fifties.
10oz bars
Anything semi-numi. So long as the new releases are priced somewhat based on spot and mintage's are limited. Lunar would be my obvious starting point but at that price I would be keen to punt on some random coins/rounds.
As I'm in this for the long haul and all going well I have another 50+ trips around the sun before I expire.
If the SHTF silver's silver and who cares if I pay a bit of premium - better than those who loaded up the truck at $40. But if things continue along with ups and downs I would gradually sell and convert to low premium bars. Selling the lunars etc after each spot drop since these semi numi pieces tend to hold value far better in a falling market. Allowing me to take advantage of the downward leg of each up and down cycle.
As I'm in this for the long haul and all going well I have another 50+ trips around the sun before I expire.
If the SHTF silver's silver and who cares if I pay a bit of premium - better than those who loaded up the truck at $40. But if things continue along with ups and downs I would gradually sell and convert to low premium bars. Selling the lunars etc after each spot drop since these semi numi pieces tend to hold value far better in a falling market. Allowing me to take advantage of the downward leg of each up and down cycle.
TreasureHunter
Well-Known Member
Pirocco said:Bullion coins are often sold in tube quantity. Even upto monsterbox quantity. A kilocoin isn't that far different.
There are people out there with peanuts, and there are people out there with bucks.
I do business with the ones with the bucks!
Wow, that sounds so shiny, man!
And let me guess: you make big bucks too, right?
True: it depends on how much money you have.
If you want to invest 1 million USD, then go for the big bars, kilo coins and special editions.
Small guys go for the 1 oz coins.
"If it goes to 10 then something seriously strange is going on with the world economy."
This is similar to a satement made by another member on Sep 21,2011 - " ...gonna take something really ugly to get back into the 20s."
While it may be amusing to speculate of the future price of silver, we should recognize personal predictions for what they're worth.
There was a thread, very similar to this one, from a few years ago. It makes for some interesting reading (when considered in the context of its time), and it demonstrates the real value of our ability to time the market.
http://forums.silverstackers.com/topic-15252-how-low-will-she-go.html
This is similar to a satement made by another member on Sep 21,2011 - " ...gonna take something really ugly to get back into the 20s."
While it may be amusing to speculate of the future price of silver, we should recognize personal predictions for what they're worth.
There was a thread, very similar to this one, from a few years ago. It makes for some interesting reading (when considered in the context of its time), and it demonstrates the real value of our ability to time the market.
http://forums.silverstackers.com/topic-15252-how-low-will-she-go.html