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What's your Purchasing Strategy?

HistoryStudent

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#41
Buy all you can on the DIPS.
Hold close & dear.


Jesse Livermore - world renown trader advice... (look him up below)
Select your P.M.
Do your research
BE RIGHT
Take a HUGE position
SIT DAMN TIGHT (hardest thing to do)


https://en.wikipedia.org/wiki/Jesse_Lauriston_Livermore


Also have many baskets in your P.M. (all your P.M.s)
in case some may be illegal to trade or sell for a short time AND also you need a transitional type intrinsic real money like P.M.s


Physical all!

GOLD
coins
sizes
slabs

SILVER
coins
sizes
slabs
bars
bags
boxes

Platinum? (if you like it - undervalued now maybe small percentage compared to above)
Coins
Slabs

Remember years ago (early 1970s) the USA revalued the dollar to the German Mark - and a V.W. car jumped 50% in price.
Things happen and knowing the state of your currency is key.

https://www.zerohedge.com/markets/debt-inflation-spiral-driving-demand-gold
 
Last edited:

Bman33

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#42
Got a bonus at work and thinking of getting an ounce of gold. My gut tells me to wait a day or two to see which way the wind blows.
 

GOLDBRIX

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#43
The best day to buy was today. Asia is already up. But some is better than none at any price.
 

HistoryStudent

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#44
Someday soon the gold will rise $100 a day for a few days and then $100 down, and then $100 rise for a few days.

So after a week or two the $2,500 to $3,000 an ounce will be the new resistance.
 

Buck

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#45
What's your purchasing strategy right now with spot and premiums so high? I stopped buying gold and am making small purchases of silver a few times a week.
is silver spot over $20?

i've taken a vow of holding for the time being...
 

HistoryStudent

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#46
I was reading my coin worlds magazines from 2016. A monster box was $10,000 delivered then. (500 American silver eagles dated 2016)

Now $18,600 to $19,200. Not bad for only 4 years.
 

HistoryStudent

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#47
BTW between NOW and the next 30 days EXPECT GOLD & SILVER to really BEAT the all time highs.

They will SCOOT big! And sadly will make it super difficult to GET in. The PREMIUMS will be

OUTSTANDINGLY huge especially in SILVER.

Once GOLD BLOWS (read Jim Sinclair's PREDICTIONS of$100 a day hikes) silver will by percentage
BASIS blow away GOLD's super hike.
 

GOLDBRIX

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#48
Outside of Target Prices being different many of the "old hats" see the same signs ahead.
 

HistoryStudent

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#49
GOLD (print this) DYODD

* MAJOR ONE up from $256 to $1,015
(actually 4 times the $255 low)
= FINISHED


*MAJOR TWO down from $1,015 to $699
(a decline of 31% Fibonacci)
= FINISHED


* MAJOR THREE up from $700 to $4,500
(a Fibonacci 6 ½ times the $700 low prior)
with two 13% minor corrections
= IN PROGRESS NOW! Maybe HIGHER!


* MAJOR FOUR down from $4,500 to $3,200
( a 29% decline)
= LATER


*MAJOR FIVE up from $3,200 to $12,800
(also a four fold increase, same as ONE)
= SUPER LATER

(Silver will mirror gold in some ratio ~ HS)

http://www.jsmineset.com/2011/11/14...d-symposium-14-15-november-2011-by-alf-field/
 

GOLDBRIX

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#51
GOLD (print this) DYODD

* MAJOR ONE up from $256 to $1,015
(actually 4 times the $255 low)
= FINISHED


*MAJOR TWO down from $1,015 to $699
(a decline of 31% Fibonacci)
= FINISHED


* MAJOR THREE up from $700 to $4,500
(a Fibonacci 6 ½ times the $700 low prior)
with two 13% minor corrections
= IN PROGRESS NOW! Maybe HIGHER!


* MAJOR FOUR down from $4,500 to $3,200
( a 29% decline)
= LATER


*MAJOR FIVE up from $3,200 to $12,800
(also a four fold increase, same as ONE)
= SUPER LATER

(Silver will mirror gold in some ratio ~ HS)

http://www.jsmineset.com/2011/11/14...d-symposium-14-15-november-2011-by-alf-field/
Not in to WAVE THEORY, but I'll take your word for it.
 

Uglytruth

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#52
Now, I buy bullion equal to the amount that I receive from the dividends of my stocks.
Monthly? Quarterly? Semi annually? Yearly? Or do they all pay at different times?
 

GOLDBRIX

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#53
Buy 'em when ya can Morning, Night, Daily Weekly,Semi-weekly, monthly... whenever ya got the money.
Generally the best time to buy was YESTERDAY.
FYI - Fiat is a Losing Game. PMs have won throughout history in the long run.
 

Mujahideen

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#54
Monthly? Quarterly? Semi annually? Yearly? Or do they all pay at different times?
I don’t actually use my dividend money, that stays in the brokerage account.

I simply estimate what I’ll earn for dividends in a given amount of time and that’s the budget for bullion for that time period.

I buy gold by the ounce and silver by the roll. So if I want gold I’ll have to wait a few quarters. It’s not a rigid system I buy what I want as the money allows.
 

D-FENZ

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#55
Everyone has a different strategy. Depends a lot on one's age, income and the size of their existing stack. My strategy anymore is to only actually 'buy' when it gets really cheap. And that doesn't happen very often. Even then I check all types for the lowest premium and get the most material for my dollars. But each time I think I'm a total idiot because- well- enough already.

But hands down, the vast majority of my acquisitions came from GSR swaps. The neat thing about that is that it eliminates price targets, mental accounting and all the associated angst. And I can't stress this enough- it easily doubles the size of your stash without actually 'buying' anything. Meanwhile, prices for the underlying metals themselves in dollars long term could have remained roughly flat. Almost certainly a few more successful swaps in my lifetime that would make any more actual 'purchases' seem quaint by comparison. Double anything a few times...
 

GOLDBRIX

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#56
Everyone has a different strategy. Depends a lot on one's age, income and the size of their existing stack. My strategy anymore is to only actually 'buy' when it gets really cheap. And that doesn't happen very often. Even then I check all types for the lowest premium and get the most material for my dollars. But each time I think I'm a total idiot because- well- enough already.

But hands down, the vast majority of my acquisitions came from GSR swaps. The neat thing about that is that it eliminates price targets, mental accounting and all the associated angst. And I can't stress this enough- it easily doubles the size of your stash without actually 'buying' anything. Meanwhile, prices for the underlying metals themselves in dollars long term could have remained roughly flat. Almost certainly a few more successful swaps in my lifetime that would make any more actual 'purchases' seem quaint by comparison. Double anything a few times...
The road to success is different for each and every one of us. Just enjoy the journey and smell a few flowers along the way.
and REMEMBER:
"BEARS make money, BULLS make money. HOGS get slaughtered".
 

HistoryStudent

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#57
Not in to WAVE THEORY, but I'll take your word for it.
Yup. Please Read HIS story (on the bottom). He was\is James Sinclair's BEST FRIEND.

I think the coming 30 days should be rather exciting in many ways.