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.
by NDFarmer » Tue Apr 02, 2013 8:44 pm
agmoose wrote:I just look at it as me buying more silver for less......
Me too. I look at this as a buying opportunity. I am able to buy more ounces this week than I was last week for the same amount of money. Next week if it continues to go lower I will buy more.
Copper - the "poorman's" precious metal !!
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NDFarmer
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by lewbo » Tue Apr 02, 2013 9:19 pm
$26.97 where is the bottom?
Selling US pennies 1.9 face shipped. Never mind I am keeping everything!
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by AirTractor » Tue Apr 02, 2013 9:22 pm
Picking up 100oz tomorrow. Think we will slide through 26?
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AirTractor
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by pennypicker » Tue Apr 02, 2013 9:39 pm
Silver has tested the $26.50 support level three or four times over the last 18 months or so and held each time. We'll see if it holds again this time.
"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
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pennypicker
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by TwoPenniesEarned » Tue Apr 02, 2013 11:20 pm
I'm tempted to buy AGQ again...but I'm certain that if I do we'll find a way through $26.50 and down to 21! What to do?!
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TwoPenniesEarned
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by scyther » Wed Apr 03, 2013 3:57 am
TwoPenniesEarned wrote:I'm tempted to buy AGQ again...but I'm certain that if I do we'll find a way through $26.50 and down to 21! What to do?!
Short!
267,500 pennies and 186,000 nickels searched. Hand sorter.
10/13/18
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scyther
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by neilgin1 » Wed Apr 03, 2013 7:58 am
AirTractor wrote:Picking up 100oz tomorrow. Think we will slide through 26?
80% chance "no"....26 holds...BUT if somebody REALLY wants to "paint the tape", they blow it away...thats the other 20%.
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by neilgin1 » Wed Apr 03, 2013 8:01 am
Catfish4u wrote:Could JP and the 'big banks' be pushing the price down while buying all the physical they can by borrowing money from the Fed at close to 0%? Could they be trying 'to corner the physical supply of silver'?
know what?.....you MIGHT just have something there.
i just hear that name..."JP"...and it riles me up something awful. "Too big to fail"....shoooo...one day, one day!!
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by IdahoCopper » Wed Apr 03, 2013 9:23 am
Catfish4u wrote:Could JP and the 'big banks' be pushing the price down while buying all the physical they can by borrowing money from the Fed at close to 0%? Could they be trying 'to corner the physical supply of silver'?
When JPMorgan approaches me to buy my 3 silver mining claims on Champagne Creek in Idaho, we will know for sure they are trying to corner the market. LOL!
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by neilgin1 » Wed Apr 03, 2013 10:33 am
IdahoCopper wrote:Catfish4u wrote:Could JP and the 'big banks' be pushing the price down while buying all the physical they can by borrowing money from the Fed at close to 0%? Could they be trying 'to corner the physical supply of silver'?
When JPMorgan approaches me to buy my 3 silver mining claims on Champagne Creek in Idaho, we will know for sure they are trying to corner the market. LOL!
oh man......lets talk bud!!!......i'm laughing, i got it real good, rural middle class good....you know what i mean.....but i dont have half a sheer claim money......just curious, you ever pan or sluice that bad boy up?....for AU?....one of my buds next door is dreaming of going into AK, looking for Au, during the summer....his poor wife just rolls her eyes......so maybe something nearer to home....we're on your latitude, but just a spell east, past ND.
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by rexmerdinus » Wed Apr 03, 2013 3:29 pm
Rodebaugh wrote:I purchased 100+ toz from a RC member earlier and may pull the trigger on a MB tonight.
To hell with paper....give me the heavy.
Just dropped the hammer on 100 ASE's. $29.34 shipped. Haven't told the wife yet...
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by Country » Fri Apr 05, 2013 1:46 pm
Did we see the bottom at $26.71 yesterday? Feeling better - aaaaaaaaaaaaaaaahhhhhhhhh!
Now, can we be higher than $27.45 today?
Humankind has not woven the web of life. We are but one thread within it. Whatever we do to the web, we do to ourselves. All things are bound together. All things connect. ~Chief Seattle, 1855
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by AirTractor » Sat Apr 06, 2013 11:02 am
I think anyone that didn't buy at least a little at 26.xx is nuts! And i'm the guy looking forward to 19.xx because my DCA is about 29. Seems as though a hard bottom has been found at 27 though. Next week will tell.
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by scyther » Sat Apr 06, 2013 3:12 pm
AirTractor wrote:I think anyone that didn't buy at least a little at 26.xx is nuts! And i'm the guy looking forward to 19.xx because my DCA is about 29. Seems as though a hard bottom has been found at 27 though. Next week will tell.
Same hard bottom that's held for 2 and a half years now. Some think it will surely break soon, some think it will hold literally forever. I don't know which will happen, but I do plan on buying at least a little next week. I would hate to miss this opportunity.
267,500 pennies and 186,000 nickels searched. Hand sorter.
10/13/18
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