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Kinda like this dip. I am light in gold right now.......and would love to add a weeee bit more to the stash at each 50-100 dip benchmark. Just thinking.

What's your play?

this is why i'm lighter on gold than silver. gold spot right now is $1652.50 and silver $32.82. so for the spot gold prices i can get 50 ounces of silver. if silver hits $42.82 thats a $500 profit on that 50 ounces. For that same profit gold would need to hit $2152.50. Although this is entirely possible, and i bought just shy of 4 ounces last time it was around this price( $1647 rings a bell), I believe their is more room for profit in silver. If your goal is longer term, as is mine, on gold i do think long term you really should buy during these lower dips. I'm just loving silver right now. Nickel on the other hand is making me . if you take that same $1652 and buy nickel at say $10 a pound that gets you 165 pounds and if the price hits $14 you would make a $660 profit. Wow did I get off topic fast. Yes buy gold in the dips but remember the other metals as well. Jesh imagine gold under $1600 again. THis would be a good one to watch. profits to be had, short and long.

I LOVE IT! I can buy more cheaper. I don't trade it, I just keep accumulating. I need more tenth oz gold coins. Come to papa!

take the gold. leave the silver for me =)

If we hit 15xx I'm buying 10 ozs

Tax time comes with burdensome payments for me so I won't be adding in this dip unless it stays until May

Silver's dipping deep into buy territory too.

I'll be backing up the Tonka truck* later tonight or tomorrow.

* Tonka trucks, when full, carry approximately 5 ounces. Of silver.

Primus123 wrote:If we hit 15xx I'm buying 10 ozs

Me too, when SILVER hits 15.xx I will be buying 10 ozs

slickeast wrote:

Primus123 wrote:If we hit 15xx I'm buying 10 ozs

Me too, when SILVER hits 15.xx I will be buying 10 ozs

$31 is my target to buy from kitco or anyone selling on here or on BS. thinking there won't be many sellers though.

justj2k78 wrote:I'll be backing up the Tonka truck* later tonight or tomorrow.

* Tonka trucks, when full, carry approximately 5 ounces. Of silver.

Insightful on the the load that Tonka trucks could carry. I thought I was the only one that thought about things like that.

justj2k78 wrote:I'll be backing up the Tonka truck* later tonight or tomorrow.

* Tonka trucks, when full, carry approximately 5 ounces. Of silver.

I think this one will hold a little bit more

Or pic out one of these that this woman is proud to display

She does sport a proud display!

beauanderos wrote:She does sport a proud display!

Agreed. She is well endowed with some equipment that looks like fun!

If you look at slick's picture really closely, you'll notice she's also displaying some Tonka trucks.

Nice rack.........of trucks

So Spot has slid even further today. But spirits still seem to be high......at least in this thread.

Rodebaugh wrote:Kinda like this dip. I am light in gold right now.......and would love to add a weeee bit more to the stash at each 50-100 dip benchmark. Just thinking.

What's your play?

buying silver right now. its still the better buy at a 51 GSR. am lighter on one than the other, but will balance things out when the GSR dips into the 30s again.

i would like to play with those.

It's a good intermediate time to buy - gold or silver. On the other hand, if you're one of those that has been sitting on the sidelines for months, then you've already missed 2-3 even better dips, so I predict you'll miss this one as well, and after its over you'll curse yourself, but swear you'll will certainly buy the next dip!

I loaded up on some more options today and yesterday (I always strike a little too quickly).

The option premiums are nice and big again so unless silver stays at $25/ounce forever I'm going to profit nicely

And I still stand by the statement I made about a year ago now: We will NEVER see under $25 silver again.

with spot the way it was today, the cheapest ASE locally was $35/oz... my other local options were $37-$39/oz
I wish I could buy for a buck or two over spot like all you other guys

The bottom line is all about perception!

for silver to go from 32.82 to 42.82 is exactly the same... 30%... of gold going from 1652 to 2152.

for nickel to go from 10 to 14, it has to gain 40%!

bottom line is that you do what you think is right!

I'm waiting on a check to clear, than I will be in the buying mood