Would you buy some more Silver at todays price, or would u wait?

Skyrocket

Well-Known Member
Silver Stacker
Just wondering?

I have some spare cash and I'm considering stocking up on some more Silver but unsure if I should wait.

Also with all the troubles/crisis's currently happening around the world I'm unsure where it would all lead and if now may end up being a good time to buy some more.
 
nsw2206 said:
The generic stuff from perth at spot plus 1.30 is a great deal. I'll be getting more soon.

I don't like ordering Silver and getting it sent in the mail because I never done that before and think I will get no sleep til it arrives! :(

I like picking it up in person. Besides I only buy it in 1 kilo bars. More cost effective that way.
 
seems like all the good deals lately have been on 1oz rounds and 10oz bars. I remember bullionlist had a crazy sale on 1kg OPM bars a while ago (spot plus 10c-30c an ounce I think), but apart from that it seems like with some hunting / luck you can get smaller items at 1kg generic bar price
 
ryan71 said:
Bullets, beans and silver. Bargains, right now.

Bullet prices must have plunged more than silver. My friends have been complaining for the last few years how expensive bullets have become.
 
Skyrocket said:
nsw2206 said:
The generic stuff from perth at spot plus 1.30 is a great deal. I'll be getting more soon.

I don't like ordering Silver and getting it sent in the mail because I never done that before and think I will get no sleep til it arrives! :(

I like picking it up in person. Besides I only buy it in 1 kilo bars. More cost effective that way.


SilverSale said:
Do the opposite of the crowd.

ie. Don't do what everyone has told you so far.


WAIT!

in your case, you should listen to silversale, once he is buying he would change his name to silverbuy. :cool:

the last time there was a run up was at 17 usd, so the closer it gets there...could be the right time to pick up your kilo bar again.
 
Skyrocket said:
Just wondering?

I have some spare cash and I'm considering stocking up on some more Silver but unsure if I should wait.

Also with all the troubles/crisis's currently happening around the world I'm unsure where it would all lead and if now may end up being a good time to buy some more.
It's your money.
It's your risk.
Why then asking others?
Couple years ago the answer was under $50 = bargain = last chance to jump on the train = what else did I read lol.
Everybody that talked against the trend, was ridiculized.
Yet, as proved, they all had their fist hovering the SELL buttons.
Don't rely on others.
Do the homework yourself.
No problem with reading what others suggest.
But acting according to it?
HEH!
 
No one knows if today will be a better time (better deal) for you to buy than tomorrow or next week...too many unknowns and variables.

People can tell you that they are certain it won't go below $18 USD and then it could drop to $14 for an hour and then spike up quickly. Other people can tell you to wait till it gets to $14 USD otherwise you are buying too high above that but the price may never hit $14 USD.

No one knows and therefore no one is really perfectly qualified to answer that question.

What can not be refuted is that silver at $20 USD is less than half of its recent (April 2011) high of about $48 USD and more than double its recent (Oct 2008) low of about $9 USD. Now of course, those high and low benchmarks do not represent the average price for that month or year....just an inflection point in the volatile price of silver.



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