A Predictable Spike

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.

A Predictable Spike

Postby IdahoCopper » Wed May 13, 2015 10:32 am

This spike was totally predictable. Last weekend I sold 250 1oz rounds at spot, with free shipping. In one hour on Buy It Now, they were gone.
- - - -
User avatar
IdahoCopper
Post Hoarder
 
Posts: 2345
Joined: Sat Jan 16, 2010 3:00 pm

Re: A Predictable Spike

Postby goodcents » Thu May 14, 2015 8:33 am

That's funny.

I told my buddy the other day the only advice he needs when it comes to silver : If you see me buying - SELL....If you see me selling - BUY!

luckily I don't sell anymore and I just buy, however, it's nice to see a little bump in the price. Keep going baby!!
User avatar
goodcents
Penny Hoarding Member
 
Posts: 876
Joined: Mon Dec 15, 2008 7:00 am
Location: Michigan

Re: A Predictable Spike

Postby johnbrickner » Thu May 14, 2015 8:52 am

IdahoCopper wrote:This spike was totally predictable. Last weekend I sold 250 1oz rounds at spot, with free shipping. In one hour on Buy It Now, they were gone.


And those of us that took advantage of your sale are totally grateful, Greg. Thank you, Sir.

Image
johnbrickner
Post Hoarder
 
Posts: 2674
Joined: Sat Jan 02, 2010 3:00 pm
Location: Upstate NY

Re: A Predictable Spike

Postby pennypicker » Thu May 14, 2015 4:41 pm

Conversely there are those like myself who had wanted to buy but held off at $16.45 waiting for $16. Now I can only hope to see $16.45 again :(
"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
User avatar
pennypicker
1000+ Penny Miser Member
 
Posts: 1268
Joined: Sat Nov 27, 2010 11:34 pm
Location: Victorville, CA 92395

Re: A Predictable Spike

Postby silverstacker » Thu May 14, 2015 10:31 pm

pennypicker wrote:Conversely there are those like myself who had wanted to buy but held off at $16.45 waiting for $16. Now I can only hope to see $16.45 again :(



Interesting that I spoke to my LCS today about what they had for art bars and they told me that they have reduced their $1.75 premium on generic down to $1.

They have never done this. Wonder what they are thinking...hmmmm
“The Bitterness of Poor Quality Lingers Long after the Sweetness of Low Price is forgotten”
User avatar
silverstacker
Penny Hoarding Member
 
Posts: 761
Joined: Mon Jan 06, 2014 8:22 pm

Re: A Predictable Spike

Postby bankmining » Thu Jun 04, 2015 10:34 pm

IdahoCopper wrote:This spike was totally predictable. Last weekend I sold 250 1oz rounds at spot, with free shipping. In one hour on Buy It Now, they were gone.


It's not looking so bad for you today ;)
User avatar
bankmining
Penny Hoarding Member
 
Posts: 647
Joined: Mon Feb 01, 2010 10:00 am
Location: The Other Washington

Re: A Predictable Spike

Postby 68Camaro » Fri Jun 05, 2015 5:52 am

Time to buy, when blood is in the streets! :)
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: 8257
Joined: Thu Dec 30, 2010 6:12 am
Location: Disney World

Re: A Predictable Spike

Postby beauanderos » Fri Jun 05, 2015 7:22 am

68Camaro wrote:Time to buy, when blood is in the streets! :)

it's my blood... I bought yesterday :roll:
The Hand of God moves WorldsImage
User avatar
beauanderos
Too Busy Posting to Hoard Anything Else
 
Posts: 9827
Joined: Wed Oct 14, 2009 10:00 am

Re: A Predictable Spike

Postby creshka46 » Fri Jun 05, 2015 10:20 am

I bought a few days ago... at $16.80 :(
Pennies: $4200 - (0) indians - (5)steel - (1) George V Canadian
Nickels: $6500 - (62)war - (23)buf - (1)V nic - (4) key date jeff's
Dimes: $5000 - (24)roos - (2)merc - (2)AgCAN
Halves: $8000 - (7)'64 - (33)40% - (1)walker
User avatar
creshka46
Penny Hoarding Member
 
Posts: 724
Joined: Wed Jun 01, 2011 6:19 pm
Location: Spokane, WA

Re: A Predictable Spike

Postby 300Braveheart » Fri Jun 05, 2015 5:40 pm

creshka46 wrote:I bought a few days ago... at $16.80 :(


Same here. When the carnage will end, only the market's invisible hand knows...
User avatar
300Braveheart
 
Posts: 23
Joined: Fri Sep 20, 2013 11:47 am
Location: Iowa


Return to Silver Bullion, Gold, & other Bullion Metals

Who is online

Users browsing this forum: No registered users and 19 guests