Buying opportunities?

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Re: Buying opportunities?

Postby 68Camaro » Tue May 15, 2012 2:28 pm

Punched the button on 200 ozs at just over $28, this afternoon. Of course it dropped 40 cents a couple hours later. I'm saving some more powder for $26, if it gets that low, and if it drops still lower I'll be selling my nickel stash to buy silver.
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Re: Buying opportunities?

Postby Cu Penny Hoarder » Tue May 15, 2012 2:35 pm

Waiting for $25 to add more. I think it will get there.

The PMs are moving with the stock market, which is overdue for a major cleanout.
Time is precious, stop wasting it.
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Re: Buying opportunities?

Postby CtrlAltBernanke » Tue May 15, 2012 4:21 pm

Cu Penny Hoarder wrote:Waiting for $25 to add more. I think it will get there.

The PMs are moving with the stock market, which is overdue for a major cleanout.


At the rate it's going, $25 might happen by weeks end.
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Re: Buying opportunities?

Postby 68Camaro » Tue May 15, 2012 5:04 pm

Or not. I tend to think we're not going much below 27 for any useful length of time. If I'm badly wrong I'll take advantage of a deeper dip with another buy.

Good luck.
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.
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Re: Buying opportunities?

Postby aloneibreak » Tue May 15, 2012 10:15 pm

coinflation shows 90% junk at below 20x

been a while since we've seen that...
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Re: Buying opportunities?

Postby BamaJoe » Tue May 15, 2012 10:24 pm

Well, I learned long ago not to try for the very bottom. Can not resist it at this price. Tomorrow will be another major purchase.
If you are waiting for the "correction" to buy you need to realize that the increasing prices ARE the correction.


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Re: Buying opportunities?

Postby Thogey » Tue May 15, 2012 10:34 pm

When silver hit $22.00 I had a lengthy PM correspondence with old man Ray.

Told him how I was in stunned disbelief that silver was skyrocketing and that the situation was actually worrying me.

I told him that at $25 I would sell half. This was not that long ago. Now I'm looking to buy a pile at $25.

I think I have enough silver now. I won't play the charts. See you guys in 15-20 years, If I'm still alive I hope my silver will help out.
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Re: Buying opportunities?

Postby beauanderos » Wed May 16, 2012 5:00 am

Old Man Ray certainly doesn't have all the answers. He's been getting his butt handed to him in the paper market. :shock:
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Re: Buying opportunities?

Postby BamaJoe » Wed May 16, 2012 10:40 am

Couldn't resist it this morning. 15 1oz Perth Sealed Bars at $1582.09 each. Scouting out silver deals now. It may go down some more, but I'm content at this price.
If you are waiting for the "correction" to buy you need to realize that the increasing prices ARE the correction.


$100 Silver soon coming to a location near you.
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Re: Buying opportunities?

Postby CtrlAltBernanke » Wed May 16, 2012 11:00 am

Okay, I have a question. I think it's time to pull the trigger and purchase 100 ounces either today or tomorrow. My question is, on the APMEX website it's about $150 cheaper if I just purchase 100 ounces versus 5 mint direct tubes of 20. I don't ever plan on having any of the ASE's graded so I don't see any other reason to purchase the mint direct tubes. Is there any other reason why I should go for these tubes?
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Re: Buying opportunities?

Postby barrytrot » Wed May 16, 2012 11:03 am

CtrlAltBernanke wrote:Okay, I have a question. I think it's time to pull the trigger and purchase 100 ounces either today or tomorrow. My question is, on the APMEX website it's about $150 cheaper if I just purchase 100 ounces versus 5 mint direct tubes of 20. I don't ever plan on having any of the ASE's graded so I don't see any other reason to purchase the mint direct tubes. Is there any other reason why I should go for these tubes?


Some people are EXTREMELY picky when it comes to ASE's. Therefore they will not buy ASE's that aren't "mint tubed" and/or they will return any that have a single blemish or spot.

So there is *some value* in the mint tubes, but I wouldn't pay $1.50 per coin. More like 5 cents per coin.
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Re: Buying opportunities?

Postby CtrlAltBernanke » Wed May 16, 2012 11:46 am

Thanks! That made my decision much easier.
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Re: Buying opportunities?

Postby Beau » Wed May 16, 2012 12:43 pm

.
Jim I`am one of the EXTREMELY picky ones on the ASE`S.
the last time I ordered from APMEX they came in original green top tubes and I didn`t know to ask for them, but they sent them automatically.
.
my old feedback

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Re: Buying opportunities?

Postby CtrlAltBernanke » Wed May 16, 2012 12:54 pm

I hope I have the same luck as you, Beau. I pulled the trigger about an hour ago when it was around $27.50. Now it's plunging but I'm okay with that. I may be new to buying physical silver but not in how volatile markets can be so it is what it is. I am done buying for now. Won't have any more scratch until I come back from my National Guard duty at the beginning of July.
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Re: Buying opportunities?

Postby Beau » Wed May 16, 2012 1:10 pm

.
Jim did they tell you it takes about 2 weeks to get the ASE`s in.
I sent a bank transfer and it took me 2 weeks.
they were not as busy as they are now I`am sure.
I hope you have someone at home to get your order.
my order came UPS.
.
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Re: Buying opportunities?

Postby CtrlAltBernanke » Wed May 16, 2012 1:21 pm

They did not tell me that it takes two weeks. I ordered ten ASE's two Mondays ago and over this past weekend I received an email saying that my ten ounces have shipped. I'm sure 100 will take a bit longer. I should be able to pick up the package before I leave for my trip. I leave in about 25 days.
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Re: Buying opportunities?

Postby Market Harmony » Wed May 16, 2012 1:26 pm

The RealCent BST area might be a hotbed of activity soon ;)
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Re: Buying opportunities?

Postby Beau » Wed May 16, 2012 1:30 pm

I gues ssmal orders are sent faster.
I didn`t know you had 25 days.
I thought you had to leave in two weeks from when i sent the package to you.
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Re: Buying opportunities?

Postby Beau » Wed May 16, 2012 1:32 pm

Market Harmony wrote:The RealCent BST area might be a hotbed of activity soon ;)



just wait a day or 2 when Greese falls.

if I was in Greese now I would leave today before dark.
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Re: Buying opportunities?

Postby BamaJoe » Wed May 16, 2012 2:18 pm

Somebody please push the price down just a little more. At $27.01 I want a monster box of Austrian Philharmonics. :D
If you are waiting for the "correction" to buy you need to realize that the increasing prices ARE the correction.


$100 Silver soon coming to a location near you.
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Re: Buying opportunities?

Postby Cu Later » Wed May 16, 2012 2:21 pm

walked into my lcs this morning @ 26.90 ;)
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Re: Buying opportunities?

Postby CtrlAltBernanke » Wed May 16, 2012 4:50 pm

Beau wrote:I gues ssmal orders are sent faster.
I didn`t know you had 25 days.
I thought you had to leave in two weeks from when i sent the package to you.



Ive been doing a week here and there w/ my NG unit. They are getting ready to deploy soon which is why our unit is more active than others.
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Re: Buying opportunities?

Postby beauanderos » Wed May 16, 2012 5:01 pm

Market Harmony wrote:The RealCent BST area might be a hotbed of activity soon ;)

why would you think that? I would be more inclined to think there will be NO listings. :o
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Re: Buying opportunities?

Postby Market Harmony » Wed May 16, 2012 5:31 pm

beauanderos wrote:
Market Harmony wrote:The RealCent BST area might be a hotbed of activity soon ;)

why would you think that? I would be more inclined to think there will be NO listings. :o


I might be listing some things... got some calls from people that are scared and want to dump :roll: I've got $100 face for sale now at less than 20 face [/hint]
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Re: Buying opportunities?

Postby 68Camaro » Wed May 16, 2012 8:55 pm

Market Harmony wrote:
...got some calls from people that are scared and want to dump :roll: I've got $100 face for sale now at less than 20 face


From weak hands to strong ones...
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.
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