Discussion in 'Purchasing Precious Metals' started by southfork, Sep 27, 2016.
or do you think were going lower?
Illuminati smackdown post debate. Gotta keep 'em markets propped til after the rigged elections. To answer yer question, no I'm stacking mags, ammo, lowers, parts kits. But that's just me...
I'm hoping the kids are, but the daughter needs someone to lead her by the hand since her husband is deployed elsewhere and she is too ditzy to follow through with something as complicated as buying PMs. The son and his new wife would, but they don't have any money or good paying jobs at the moment.
Well, I guess that leaves me to do it for them...dang it. Maybe so then since they don't have any. So the answer is changed to yes...a little nibblin'.
Where you getting your lower parts kits? AR15 I presume
Lowers locally - parts kits, uppers, etc. from Palmetto State Armory.
Silver at 18.50 would be nice.
I am holding off.
It will go lower.
If wishes were horses, stackers would ride.
Please soon, gift season is getting close, and euro about to get crushed... in the same basket as USD.
$12 looks like a guy laying on a bed of nails at a pogo stick endurance contest.
$12 USD would mean every other currency truly tanked, to make greenback strong enough.
Silver can still drop to 17.50 or so without breaking the long term trend. The lower demand zone it's being pulled towards is at 17.25-.90
If silver drops into the 16's I might snag some
The resistance @ $20 is becoming, in Arnold's voice "HHeeeeUUUggggehh!"
All over again.
Extenuating circumstances will be the necessity to enable a breakout, I suspect.
I suspect there's up to 3.5 weeks, maybe a month where silver can drop below 18 without breaking the trend line. The long red candles were just me trying to count weeks, not saying it will hold up there at 18. The sooner it breaks, the lower it can go. Assuming long term trend holds, I posted the damage range above. Some would say it "has" to go to this area before moving up because that's where the unfulfilled institutional demand is. Once the big boys get their fill, the next area of heavy supply isn't until 24 to the upside. Once (if) we get that catalyst (extenuating circumstances) stAGering mentioned, that's where we go to.
Keep an eye out for below 18.46 silver. That gives you 17's most likely
I'm like SC. Because it's hunting season Lead is cheaper so I'm stacking that. I always love the pre-hunting season sales!
Buying silver at spot who's selling?
Watching for the bottom, not gonna grab this falling knife. I feel sub $900 platinum is a good bet. The low over the past 10 years is $774.
I bought some at the $1500 dip,
1129 is a little different. All the more reason to cost average on the way down.
No argument, just trying to wipe some of this blood off my fingertips.
lcs offered me two old jm 100 ouncers at melt yesterday, glad I declined, it did buy a roll of spiders and elephants at .50 over though,
Yeah, but I wasn't thinking yesterday. Forgot about the Fed decision, and bought minutes before. Not alot of silver mind you, but it's down 1.20 from my purchase point. A lesson learned. It could have just as easily went the other way, and with this election BS going on, it could turn around on a dime, and rip right back up through where I purchased, so it doesn't bother me too much. Just irks me that the price always seems to go down whenever I buy!
I cannot believe not one attorney has jumped at beginning a class action on behalf of the mines and their shareholders.
Is the entire profession of Esquires nothing but a bunch of pussies.
Deutsche Bank has confessed and implicated half the International Banks, so WTF?
I suspect that many have slowed their purchases, but, not stopped, or have plans to re-start buying soon...
My buying is on hold until I see trump sworn in. Until then anything can happen!!
And after, it can't?
Nibbling the last couple of weeks on AU only but may make a large purchase of some 2017 1oz AU lunars before end of month. Nothing has changed ...19 trillion in debt and going deeper, Chicago still a war zone, Europe going third world, Left trying to go full blown authoritarian (bat shyt crazy) here in states. Broke municipalities ...oh, and 51% of citizens still need government fun bucks to live.
I'm on the Trump bandwagon but i don't even think Jesus Christ himself could steer us away from the shytstorm that's coming.
I would be buying the dip with some caution however the premiums have made the dip not really a dip. If I do see low or no premium gold at these prices, I will be aboard. I have purchased some silver, but more for gifts and keepsakes than boating.
Anybody notice they are practically giving away 4k TVs? I suspect the TV market has reached saturation - and the consumer is tapped out for cash. Perhaps the general population, which rarely buys PMs, is buying even less in the one form they do buy - jewellery. I stopped in at a mega-pawn shop that I have driven by for 20 years without stopping in. I looked at what they had - several glass cases of jewellery - no gold that wasn't a diamond ring, not even a plain band. Not sure what that means economically. They used to have a large we buy gold sign but it is not there now.
Well, the environment would be different but if the goal is to tank the stock market once Trump is POTUS what will that do to metals? There's still over a month before Trump gets sworn in. Metals can come down a lot more between now and then but it's unlikely in my mind that they will go up during that time period...so I'm sitting on the sidelines keeping a close eye on things ready to do some heavy buying at lower price points.
Might have to buy the dip.... got some FRNs burning a hole in my pocket.... Can't wait til Jan, hope I don't get cut...
APMEX has a 1 TOZ Gold bar for $1140.59, that I am looking at. Everything at Provident is $11+ more.
SPECIAL PRICE! 1 oz Valcambi Suisse Gold Bar In Assay .9999 Fine - SKU #88352
ONLY $2.99 OVER SPOT! BRAND NEW BARS! LIMITED SUPPLY!
...I am siding with Armstrong, believe PMs still going lower before higher, did something unheard of last year, plowed all allowed into 401k with company matching...was up 525 percent, yes that's right. It helped as I put loads into MUX and SLW early in the year.....then tapered off took profits.....staying in the market till the exhuberance wears off,.....off course I am playing two sides, commodities has been doing well for me also, copper and lead , with alittle tungsten,....specialized ammo is bringing unheard of returns...we all know the eventual outcome...mayhem always comes unexpectedly.
I bit hard today.
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