Silver - $27 going to Zero! Call your boss..beg for job back

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

Please Note: These articles are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.

Re: Silver is now $17 and falling like a rock

Postby Rodebaugh » Tue Feb 17, 2015 11:58 am

Buying today. :)
This space for rent. :)
User avatar
Rodebaugh
Realcent Moderator
 
Posts: 7959
Joined: Fri Aug 14, 2009 3:00 pm

Re: Silver is now $17 and falling like a rock

Postby pennypicker » Tue Feb 17, 2015 2:33 pm

Rodebaugh wrote:Buying today. :)


Yep, picked up ten of APMEX's silver eagles in their new tamper-proof holders:
84915_Slab.jpg
84915_Slab.jpg (123.1 KiB) Viewed 1740 times
"If I had to pick one player to take the last shot to win the game I would pick Michael Jordan...if I had to pick one player to take the last shot to save my life I would pick Larry Bird"--PAT RILEY, L.A. Lakers Head Coach

"I'd rather play against Michael Jordan than Larry Bird...Jordan made you look bad but Bird made you look stupid!"--JAMES WORTHLY, Laker Hall-of-Famer
User avatar
pennypicker
1000+ Penny Miser Member
 
Posts: 1274
Joined: Sat Nov 27, 2010 11:34 pm
Location: Victorville, CA 92395

Re: Silver is now $16 off from $17

Postby Saabman » Wed Mar 25, 2015 8:45 am

Back over $17.00..........
Cerca Trova!!!

Happiness does not depend on what you have or who you are. It solely relies on what you think.
-Sid
User avatar
Saabman
Post Hoarder
 
Posts: 2250
Joined: Sun Dec 12, 2010 10:47 am
Location: State of Franklin

Re: Silver is now $16 off from $17

Postby Rodebaugh » Wed Jul 15, 2015 10:01 am

loosing 50 cents a month at this rate.
This space for rent. :)
User avatar
Rodebaugh
Realcent Moderator
 
Posts: 7959
Joined: Fri Aug 14, 2009 3:00 pm

Re: Silver is now $15

Postby 68Camaro » Wed Jul 15, 2015 11:26 am

Free silver by end of 2017!!!
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
User avatar
68Camaro
Too Busy Posting to Hoard Anything Else
 
Posts: 8341
Joined: Thu Dec 30, 2010 6:12 am
Location: Disney World

Re: Silver is now $15

Postby Rodebaugh » Wed Jul 15, 2015 12:38 pm

68Camaro wrote:Free silver by end of 2017!!!


Wait until 2018 and get paid to take it! :lol:
This space for rent. :)
User avatar
Rodebaugh
Realcent Moderator
 
Posts: 7959
Joined: Fri Aug 14, 2009 3:00 pm

Re: Silver is now $15

Postby franklin » Wed Jul 15, 2015 9:11 pm

pennypicker:
At 5 bucks premium, is that MintDirect Eagle mostly a peace of mind purchase? Will future buyers recognize it as such? Just wondering as I have never noticed them before.
franklin
Penny Collector Member
 
Posts: 330
Joined: Mon Aug 16, 2010 3:00 pm

Re: Silver is now $15

Postby pennypicker » Wed Jul 15, 2015 9:39 pm

franklin wrote:pennypicker:
At 5 bucks premium, is that MintDirect Eagle mostly a peace of mind purchase? Will future buyers recognize it as such? Just wondering as I have never noticed them before.

That purchase was back in February and at that time I paid a $4 premium with the special they were running. Simply liked the look of the case and the extra degree of authenticity it provided. Not a big deal now with current low silver prices but if silver really takes off someday the counterfeiting of ASE's will follow suit and I'm sure at that point many people will be more than happy to pay an extra dollar for an APMEX slabbed ASE versus a raw one--at least I would. The APMEX name is a very well known and trusted name in the bullion business.

By the way APMEX also encapsulates the 2015 Maple Leaf as well.
"If I had to pick one player to take the last shot to win the game I would pick Michael Jordan...if I had to pick one player to take the last shot to save my life I would pick Larry Bird"--PAT RILEY, L.A. Lakers Head Coach

"I'd rather play against Michael Jordan than Larry Bird...Jordan made you look bad but Bird made you look stupid!"--JAMES WORTHLY, Laker Hall-of-Famer
User avatar
pennypicker
1000+ Penny Miser Member
 
Posts: 1274
Joined: Sat Nov 27, 2010 11:34 pm
Location: Victorville, CA 92395

Re: Silver is now $15

Postby aristobolus » Fri Jul 17, 2015 7:20 am

$14.96 and dropping! :cry:
User avatar
aristobolus
Penny Collector Member
 
Posts: 435
Joined: Thu Mar 04, 2010 10:00 am

Re: Silver is now $15

Postby rum3002576 » Fri Jul 17, 2015 9:36 am

aristobolus wrote:$14.96 and dropping! :cry:

:clap: :clap: :clap:
rum3002576
Penny Collector Member
 
Posts: 302
Joined: Tue Jan 26, 2010 3:00 pm

Re: Silver is now $15

Postby 68Camaro » Fri Jul 17, 2015 11:29 am

Bring it on... Percentage wise we're barely below yesterday so it's not yet going to push me to do anything unusual, but if it keeps dropping I'll find another inflection point to convert more USD to PM.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
User avatar
68Camaro
Too Busy Posting to Hoard Anything Else
 
Posts: 8341
Joined: Thu Dec 30, 2010 6:12 am
Location: Disney World

Re: Silver is now $15

Postby pennypicker » Fri Jul 17, 2015 5:15 pm

Closed at $14.84 The next key support level is near at $14.50. We'll see if it will be tested and if it will hold.....
"If I had to pick one player to take the last shot to win the game I would pick Michael Jordan...if I had to pick one player to take the last shot to save my life I would pick Larry Bird"--PAT RILEY, L.A. Lakers Head Coach

"I'd rather play against Michael Jordan than Larry Bird...Jordan made you look bad but Bird made you look stupid!"--JAMES WORTHLY, Laker Hall-of-Famer
User avatar
pennypicker
1000+ Penny Miser Member
 
Posts: 1274
Joined: Sat Nov 27, 2010 11:34 pm
Location: Victorville, CA 92395

Re: Silver is now $15

Postby Cu Penny Hoarder » Fri Jul 17, 2015 6:06 pm

pennypicker wrote:Closed at $14.84 The next key support level is near at $14.50. We'll see if it will be tested and if it will hold.....


My target is the $10-12 area. I'm going to make a major purchase there... lots of green rectangles just sitting in waiting.
Time is precious, stop wasting it.
Cu Penny Hoarder
Post Hoarder
 
Posts: 2320
Joined: Tue Sep 06, 2011 8:44 pm

Re: Silver is now $14 & Change

Postby Rodebaugh » Wed Aug 26, 2015 8:57 am

Could today be the day? The long awaited $13.

My powder is starting to get wet at these levels.
This space for rent. :)
User avatar
Rodebaugh
Realcent Moderator
 
Posts: 7959
Joined: Fri Aug 14, 2009 3:00 pm

Re: Silver is now $14 & Change

Postby NHsorter » Wed Aug 26, 2015 9:19 am

Question is, it hits 13.99 and you want to buy, but what can you buy, and what will it cost you?
“They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety” Benjamin Franklin
User avatar
NHsorter
Super Post Hoarder
 
Posts: 3299
Joined: Mon May 09, 2011 10:39 am
Location: Live Free or Die

Re: Silver is now $14 & Change

Postby silverflake » Wed Aug 26, 2015 9:31 am

Went to Provident and SDBullion...looked at silver Maple Leafs, Austrian Phils, 10 oz bars and 1oz bars....all either out of stock or "delivery delayed".

Paper price means nothing if I can't buy it.

Stack if you can find it guys.
User avatar
silverflake
Penny Hoarding Member
 
Posts: 971
Joined: Wed Nov 24, 2010 9:49 pm
Location: Virginia

Re: Silver is now $14 & Change

Postby justoneguy » Wed Aug 26, 2015 9:35 am

Apmex has some in stock now.
"Only" a $7.49 premium. [that's over 50%]
plus shipping, of course
We can ignore reality but we can’t ignore the consequences of ignoring reality.


The truth will set you free,
but first it's really going to piss you off.
User avatar
justoneguy
1000+ Penny Miser Member
 
Posts: 1592
Joined: Tue Aug 10, 2010 10:00 am
Location: Colorado 80004

Re: Silver is now $14 & Change

Postby neilgin1 » Wed Aug 26, 2015 9:36 am

silverflake wrote:Went to Provident and SDBullion...looked at silver Maple Leafs, Austrian Phils, 10 oz bars and 1oz bars....all either out of stock or "delivery delayed".

Paper price means nothing if I can't buy it.

Stack if you can find it guys.


i'm sure there's quite a few 1,000 toz "bars" available, but then again, maybe JP and Goldman declared their intention to receive delivery.....so......
User avatar
neilgin1
Post Hoarder
 
Posts: 2565
Joined: Tue Nov 09, 2010 8:59 am

Re: Silver is now $14 & Change

Postby rsk1963 » Wed Aug 26, 2015 9:45 am

any one been paying attention to the US mint?
4,180,000 (that's plus approximately 600,000 ASE's in the last 4 days), wonder if they'll put a stop up?
those that sacrifice liberty for security deserve neither

the bee...gathers it's materials from the flowers of the garden and of the field, but transforms and digests it by a power of it's own.
rsk1963
Post Hoarder
 
Posts: 2173
Joined: Tue May 03, 2011 12:45 pm

Re: Silver is now $14 & Change

Postby silverflake » Wed Aug 26, 2015 9:52 am

So I am sitting reading news online, listening to some of the stuff on SGT report (have to pick and choose there) and I am hearing/reading about how the world wide markets are so fragile and 20 other countries markets are already 'officially' crashing, currencies are racing to devalue, Fed talking about raising rates(?????), and now silver plunging. What other asset in the history of the world has a maddening demand, no supply and a quoted price that GOES DOWN!!!????? Guys are we the crazy ones? I am beginning to question my sanity. Up is down. Black is white. Right is wrong.

Really frustrated. Can't even buy silver.

Keep stacking....oops, I guess we can't can we.
User avatar
silverflake
Penny Hoarding Member
 
Posts: 971
Joined: Wed Nov 24, 2010 9:49 pm
Location: Virginia

Re: Silver is now $14 & Change

Postby Rodebaugh » Wed Aug 26, 2015 10:04 am

I think we touched into 13 and change. Interday new low since the great bear of subprime hopelessness.

BTW GSR IS CLOSE TO 80:1 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
This space for rent. :)
User avatar
Rodebaugh
Realcent Moderator
 
Posts: 7959
Joined: Fri Aug 14, 2009 3:00 pm

Re: Silver is now $14 & Change

Postby neilgin1 » Wed Aug 26, 2015 10:06 am

guys, Stack, et all.......Andy Hoffman is one of the smarter operators in the PM world, and I've never heard him so frenetic....this is 28 minutes long, but I DO believe its worth the time. (its a must watch,imho)

[youtube]https://www.youtube.com/watch?t=500&v=buNuPQBd8j8[/youtube]
User avatar
neilgin1
Post Hoarder
 
Posts: 2565
Joined: Tue Nov 09, 2010 8:59 am

Re: Silver is now $14 & Change

Postby 68Camaro » Wed Aug 26, 2015 12:25 pm

There is the paper price, then there is the real price.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
User avatar
68Camaro
Too Busy Posting to Hoard Anything Else
 
Posts: 8341
Joined: Thu Dec 30, 2010 6:12 am
Location: Disney World

Re: Silver is now $14 & Change

Postby highroller4321 » Wed Aug 26, 2015 1:35 pm

I am a member on a dealer network and not a single seller listed anything today! Dealers are trying to buy like crazy and upping their premium that they are paying everyday. The shortage may be coming!!
highroller4321
Realcent Moderator
 
Posts: 7214
Joined: Sat Oct 25, 2008 10:00 am
Location: Portland,Oregon

Re: Silver is now $14 & Change

Postby rawteam1 » Wed Aug 26, 2015 5:07 pm

Lol...
rawteam1
Penny Sorter Member
 
Posts: 65
Joined: Sat Dec 08, 2012 8:46 pm

PreviousNext

Return to Silver Bullion, Gold, & other Bullion Metals

Who is online

Users browsing this forum: No registered users and 2 guests