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Buy silver today or wait until Friday night?

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.
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Buy junk silver @ 85% of spot today, or wait until end of week?

Poll ended at Sat Nov 26, 2011 10:54 am

BUY BUY BUY!
16
41%
Hold on to the cash and see what the week brings...
23
59%
 
Total votes : 39

Re: Buy silver today or wait until Friday night?

Postby frugalcanuck » Tue Nov 22, 2011 6:36 pm

I think the 85% of spot purchase price should have been mentioned in the poll... I would buy as much as you can and flip if you need to. Even if its for a small profit it is still a profit. I dont think you should make the same mistake Im making right now looking at 22 acres at a decent price just out side of the city and feeling that now is not the time. I know Im not going to pull the trigger and I know Im going to kick myself in a few short years.
"The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled. With something so important, a deeper mystery seems only decent." John Kenneth Galbraith 1975
frugalcanuck
Penny Hoarding Member
 
Posts: 753
Joined: Sun Apr 25, 2010 10:00 am
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