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Silver... Are you still a buyer?

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.

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Silver... Are you still a buyer?

Postby Copper Catcher » Sun Jan 30, 2011 11:00 am

If you could buy .999 silver coins or bars at $30 would you still be a buyer?

With all the civil unrest in the world as well as the debt problem the US faces is it possible for silver to really crash in price? I do not doubt that along the way there will be short dips because it is unlikely silver, gold or even oil will go up in a straight line forever.

What say you?
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Re: Silver... Are you still a buyer?

Postby 999Ni » Sun Jan 30, 2011 11:12 am

I say buy buy buy. Silver is still cheap.
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Re: Silver... Are you still a buyer?

Postby agmoose » Sun Jan 30, 2011 3:55 pm

Yep, still buying.......
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Re: Silver... Are you still a buyer?

Postby Diggin4copper » Sun Jan 30, 2011 4:16 pm

Im working on a copper stash for the winter.. not too much money coming in with all this snow.. but I will resume the silver buying in the spring, unless I get an offer I cant refuse..
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Re: Silver... Are you still a buyer?

Postby tbram88 » Sun Jan 30, 2011 4:47 pm

I'm still buying
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Re: Silver... Are you still a buyer?

Postby Market Harmony » Sun Jan 30, 2011 5:00 pm

I bought a lot at the coin show over the weekend. 90% US and .999. Bought and sold gold. I did not sell much silver because I purposely had my prices high. If someone want it, then they were going to have to pay up for it. I don't mind holding silver, and I'm always looking to buy more.
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Re: Silver... Are you still a buyer?

Postby theo » Sun Jan 30, 2011 5:16 pm

The risk of a significant pull back in the short term to around $20 is real, however I think the long term prospects are too good not to buy.
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Re: Silver... Are you still a buyer?

Postby Rodebaugh » Sun Jan 30, 2011 6:02 pm

I am a small buyer right now.
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Re: Silver... Are you still a buyer?

Postby Thogey » Sun Jan 30, 2011 6:50 pm

Dead in the water for now.

Has nothing to do with the market.
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Re: Silver... Are you still a buyer?

Postby blackrabbit » Sun Jan 30, 2011 9:07 pm

Made a small purchase at 27 bucks, but at 30 I would start thinking about some profits to be taken. However, I would hold most of my stash as world political/economic instability is just getting started!
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered....The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
-Thomas Jefferson
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Re: Silver... Are you still a buyer?

Postby slickeast » Sun Jan 30, 2011 9:19 pm

Still buying. I am in it for the long haul. Sold some 90% to buy some .999 at melt. When silver is at $35 you will wish you bought at $30
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Re: Silver... Are you still a buyer?

Postby argent_pur » Sun Jan 30, 2011 9:20 pm

I'm not buying silver, but not because of the price--I'm just only buying gold ATM.
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Re: Silver... Are you still a buyer?

Postby Rosco » Mon Jan 31, 2011 12:09 am

I have found some 90 % below spot an I'm buying 8-)
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Re: Silver... Are you still a buyer?

Postby PennyPauper » Mon Jan 31, 2011 12:58 am

I buy when I find a good deal. I've not been able to buy as often as I would like to lately.Hoping to resume buying steady again soon.
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Re: Silver... Are you still a buyer?

Postby Devil Soundwave » Mon Jan 31, 2011 4:40 am

Due to my location, I already regularly pay higher than $30 per ounce of .999, but will be happy to continue. As someone mentioned earlier, I see it going up significantly in the long-term so I'm happy to keep buying and just ride out any short-term dips.
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Re: Silver... Are you still a buyer?

Postby coppertone » Mon Jan 31, 2011 8:37 am

Always a buyer, when I have money.
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Re: Silver... Are you still a buyer?

Postby appjoe » Mon Jan 31, 2011 9:22 am

I'm still buying. Yesterday at the flea market I pcked up 2 Barber halves, 2 Walkers and 2 Franklins all at $9 ea. and a Morgan dollar for $21. I think it was a good deal.
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Re: Silver... Are you still a buyer?

Postby beauanderos » Mon Jan 31, 2011 2:21 pm

appjoe wrote:I'm still buying. Yesterday at the flea market I pcked up 2 Barber halves, 2 Walkers and 2 Franklins all at $9 ea. and a Morgan dollar for $21. I think it was a good deal.
That was a great deal! I'd be buying those as well, if I had time to do flea markets. Still buying here... trying to keep the minimum in the banks to pay the bills, selling some gold and junk silver on price jumps and upgrading to some BU junk and .999 rounds on dips. Silver is taking a short breather right now, which is okay. But when the severity of the true physical silver scarcity becomes public... hold on for the ride of your lifetime. 8-)
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Re: Silver... Are you still a buyer?

Postby GA-Silver » Mon Jan 31, 2011 4:02 pm

still buying.....picked up 2 2001 ASEs for $42 just today from someone needing some quick cash!
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Re: Silver... Are you still a buyer?

Postby jasmatk » Mon Jan 31, 2011 6:30 pm

still buying!im in it for long run so I dont see myself not buying just buying less/more depending on price
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Re: Silver... Are you still a buyer?

Postby fasteddy » Mon Jan 31, 2011 6:31 pm

hell ya....
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Re: Silver... Are you still a buyer?

Postby Coppercrazy » Mon Jan 31, 2011 7:39 pm

Im a bargain hunter and always a buyer under spot-just got a little over $50 face at 16x by advertizing on craigslist! Silvers got way more upside than down,keep buying!
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Re: Silver... Are you still a buyer?

Postby jasmatk » Mon Jan 31, 2011 7:57 pm

Coppercrazy wrote:Im a bargain hunter and always a buyer under spot-just got a little over $50 face at 16x by advertizing on craigslist! Silvers got way more upside than down,keep buying!

thats awesome :shock: I havent got any good hits on cl in awhile and ive been running ads between 19 -22fv you must be in a good location hope you keep up the success.
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Re: Silver... Are you still a buyer?

Postby 97guns » Mon Jan 31, 2011 8:13 pm

I constantly SWAP all my reserve FRN's for metal, around $3500 a month.
Retired in 2009 with 300K in net worth by going all in with cash flowing real estate. every disposable penny goes back into savings via PM's - by using this technique my net worth has nearly doubled up.

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Re: Silver... Are you still a buyer?

Postby PennyPauper » Mon Jan 31, 2011 8:13 pm

Picked up 5 90% halfs for $50 today 20:1 sounded good,other shops want 22x.Slightly under melt.
2 more JFK's and 3 walkers for the stash :)
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