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Wake Up! Buying time starts now!

PostPosted: Thu May 12, 2011 4:56 am
by fusscharles
I am waking up to a spot price in the $33.50 range.... that means it is time to buy!

Re: Wake Up! Buying time starts now!

PostPosted: Thu May 12, 2011 5:27 am
by Sheikh_yer_Bu'Tay
fusscharles wrote:I am waking up to a spot price in the $33.50 range.... that means it is time to buy!


On some other threads I predicted $30 - 32 range. Here we are! Was $32.58, now up to $32.96.

Re: Wake Up! Buying time starts now!

PostPosted: Thu May 12, 2011 5:31 am
by fusscharles
I thought 35 was the floor.... was going to buy big time yesterday, but there was no silver in town! As soon as eagles get down to $37, I am back in!

Re: Wake Up! Buying time starts now!

PostPosted: Thu May 12, 2011 5:33 am
by rsk1963
I know alot of people have trying to speculate on where the Ag price is to go, but where do we go from here? Woke up to silver prices 32.80 what has caused this recent drop? Along with the same other questions that are traditionally asked? My personal sentiment is alittle bleak at this point (who likes to wake up and find that their house has lost 10% of it's space)... Because of poor sentiment, I need alittle perspective this morning.

I enjoy reading everyone's thoughts, thanks so much.

Re: Wake Up! Buying time starts now!

PostPosted: Thu May 12, 2011 6:11 am
by fusscharles
http://www.bloomberg.com/news/2011-05-1 ... uying.html

That might be your answer.... but Im still a buyer, but not buying cutting my positions.

Re: Wake Up! Buying time starts now!

PostPosted: Thu May 12, 2011 7:48 am
by Rodebaugh
Buying with both hands.

Re: Wake Up! Buying time starts now!

PostPosted: Thu May 12, 2011 9:02 am
by Devil Soundwave
I want to buy, but having just split with my fiance, I'm now paying rent on my own so I'm down £500 ($850) per month at the moment. :(

Good job I'm reasonably well paid!

Re: Wake Up! Buying time starts now!

PostPosted: Mon May 16, 2011 8:00 pm
by 97guns
picked up 385oz on this dip, mostly eagles, still waiting on 4 rolls of ASE's and a roll of buffalo rounds.. DCA for this batch is $39.70, my stack DCA of $22 will take a slight hit.

Image

Re: Wake Up! Buying time starts now!

PostPosted: Mon May 16, 2011 8:06 pm
by TXBullion
97guns wrote:picked up 385oz on this dip, mostly eagles, still waiting on 4 rolls of ASE's and a roll of buffalo rounds.. DCA for this batch is $39.70, my stack DCA of $22 will take a slight hit.

Image



Nice haul!

Re: Wake Up! Buying time starts now!

PostPosted: Mon May 16, 2011 8:14 pm
by kidman232
97- feel free to send some of that my way

Re: Wake Up! Buying time starts now!

PostPosted: Mon May 16, 2011 9:54 pm
by fusscharles
Ive got buyers remorse for buying 50 morgans for $1375 :-(... Im not buying anything else until spot gets to 28.50

Re: Wake Up! Buying time starts now!

PostPosted: Mon May 16, 2011 9:56 pm
by fusscharles
Btw wth is dca? Something cost allocation?

Re: Wake Up! Buying time starts now!

PostPosted: Mon May 16, 2011 9:59 pm
by kidman232
dollar cost avg i imagine

Re: Wake Up! Buying time starts now!

PostPosted: Mon May 16, 2011 10:14 pm
by NDFarmer
fusscharles wrote:Ive got buyers remorse for buying 50 morgans for $1375 :-(... Im not buying anything else until spot gets to 28.50


What's wrong with 50 Morgans for $1375.00 Where do you find them that cheap?

Re: Wake Up! Buying time starts now!

PostPosted: Mon May 16, 2011 10:41 pm
by merchoarder
97guns wrote:picked up 385oz on this dip, mostly eagles, still waiting on 4 rolls of ASE's and a roll of buffalo rounds.. DCA for this batch is $39.70, my stack DCA of $22 will take a slight hit.

Image


Mmm...Silver....Just drooled a little :) Very very nice. What are the large turtle coins? Can't quite make it out from the pic but they are super sweet!

Re: Wake Up! Buying time starts now!

PostPosted: Tue May 17, 2011 1:01 am
by Spikeanator6982

Re: Wake Up! Buying time starts now!

PostPosted: Tue May 17, 2011 6:45 am
by scrapper2010
Arrrr, nice looking booty there. I ordered 10 buffalo rounds yesterday when spot was @ 33.72.

Re: Wake Up! Buying time starts now!

PostPosted: Tue May 17, 2011 7:32 am
by 97guns
the big ones are 5oz new zealand taku rounds, i got lucky and sold 3 slabbed ATB's at the peak and netted 72/oz. for them. the Taku's were my first purchase that sunday night with the ATB money i made.

Re: Wake Up! Buying time starts now!

PostPosted: Wed May 18, 2011 8:54 am
by scrapper2010
97guns wrote:.. DCA for this batch is $39.70, my stack DCA of $22 will take a slight hit.

97guns, do you calculate the dca with shipping charges included? Or minus shipping? Just wondering for my own stats.

Re: Wake Up! Buying time starts now!

PostPosted: Wed May 18, 2011 9:01 am
by 97guns
i include shipping in my DCA

Re: Wake Up! Buying time starts now!

PostPosted: Sat May 21, 2011 11:16 am
by fusscharles
including shipping and driving miles if necessary.... oh, and coin club dues, scale, magnet, testing kit, cases, loop, and tax (oh god, 8.25% if purchased in a local store) are all factored in my DCA.... My DCA for gold is upside down by a couple of percentage points, but my silver is still in the 10-15 percent black at today's spot. I keep hoping that we will get into the high 20's, but it looks like consolidation is at 35 and we would be lucky if we can see a 10% fall from here.