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Is anyone buying silver now that it is down over $1.00?

Discussion in 'Purchasing Precious Metals' started by Nyrik, Nov 12, 2016.



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  1. Nyrik

    Nyrik New Member

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    Silver went down $1.22 on Friday. Is anyone buying this weekend?
     
  2. gringott

    gringott Killed then Resurrected Midas Member Site Supporter

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    I'm thinking to take a look at some minor silver pickups if it stays down Monday, for birthdays & Christmas, not for boating accidents.
    $16.50 or less and I'll look at bulk.
     
  3. OhWell

    OhWell Silver Member Silver Miner

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    I have convinced my sons and daughter to buy what they can every paycheck.

    So far so good.
     
  4. gliddenralston

    gliddenralston Gold Member Gold Chaser

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    What's this silver thread doing on the Trump site? LOL :laughing:
     
  5. Mr Paradise

    Mr Paradise Midas Member Midas Member

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    I voted for Trump, but I put the election Kool Aid back in the fridge. Were going trillions deeper into debt just as we did under Obama. For every manufacturing job that comes back to Amerika it will be nullified by the eventual loss of service industry jobs caused by technology. Stacking gold and silver as a safety net makes as much sense today as it did a week ago.

    I never once thought our nations financial problems could be solved. I just don't want to be surrounded by Muslims and Transgenders when the collapse comes.
     
  6. gringott

    gringott Killed then Resurrected Midas Member Site Supporter

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    Tell it like it is.
     
  7. louky

    louky Silver Member Silver Miner

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    Nope, i loaded some in the 18's and received it to my door cheaper than now with spot in 16's

    Of course if it goes below 16, then that may no longer be the case. At that point i'll probably just curl up in a ball and cry


    Gold for comparison, i paid 1250ish for a gov coin, maple maybe? When spot was 1260's. I see now a generic bar is 1220's at 12.99 over

    Not exactly on sale yet.
     
    Last edited: Nov 19, 2016
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  8. birddog

    birddog Gold Member Gold Chaser

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    Price doesn't matter - dollar cost averaging as I go....
     
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  9. Howdy

    Howdy Silver Member Silver Miner

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    If it gets to the point where I can buy actual physical silver at 16.50, I'll start buying regularly. If it goes down from there, I'll buy more.
     
  10. gringott

    gringott Killed then Resurrected Midas Member Site Supporter

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    Held off and glad I did. Hopefully more for less later. I think it can drop more.
     
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  11. Mr Paradise

    Mr Paradise Midas Member Midas Member

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    GSR almost 73-1 ...I'm itching to pull the trigger on some prospectors or the new puck but I think we could easily be back in the 15's so just vatching and vaiting. Trying to get a GSR 75+ before I make the call.
     
  12. Chester-Copperpot

    Chester-Copperpot Gold Member Gold Chaser Site Supporter Platinum Bling

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    I feel your pain. I'm itching to make a decent sized purchase but holding off too.
     
  13. stonedywankanobe

    stonedywankanobe Gold Member Gold Chaser

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    Not waiting. I've been saving the jmb 10oz at spot for a special occasion. 16.59 is special enough for me.

    Stuff was 22 not long ago sirs.
     
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  14. Fjpod

    Fjpod Silver Member Silver Miner

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    With interest rates set to rise, I wouldn't be in a hurry to buy at $16.50. I bought some, but I'm expecting further downward pressure.
     
  15. Mr Paradise

    Mr Paradise Midas Member Midas Member

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    A .25 hike in December for Barry's "an economic genius" farewell tribute. No more after that, the rank & file are still broke ....and so is the Treasury Dept.
     
  16. louky

    louky Silver Member Silver Miner

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    Fuck the fed. Market is raising rates. See Nov. 7. Trump effect, baby

    [​IMG]
     
    Last edited: Nov 19, 2016
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  17. 90%RealMoney

    90%RealMoney Midas Member Midas Member

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    I'm feeling a dip back down to the 14.00 range for some odd reason. Stock market seems to be pleasantly surprised by Trump. It'll probably be a short term love affair though. Just a guess.
     
  18. oldgaranddad

    oldgaranddad Gold Member Gold Chaser Site Supporter ++

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    On the top shelf.
    I was thinking the $13.50 range myself but what do I know.
     
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  19. Howdy

    Howdy Silver Member Silver Miner

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    Yeah, I'm waiting for it to get in the 15's so I can buy at 16.50. I don't really expect to buy any below that, no matter how low it gets on paper.
     
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  20. Nyrik

    Nyrik New Member

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    That has been my approach for many years also. That being said, I get especially pumped when I am making a buy during a dip!
     
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