Good Time to buy?

[stonewallrabbitry]

I have zero Silver and was not going to buy it when price was high so I was just sorting copper pennies. Of course my internet service was down (thanks verizon) when prices must have been at the lowest, is now a good time to buy? I only have a couple hundred to invest into silver until spring time.

[Treetop]

Honestly your answers will probably go from buy ASAP, to wait until it hits 25 or 20.... No one truly knows where its likely to go though. Personally Id rather buy now risking that it might go lower then buy later knowing its likely to be up. (although even that is an unknown apparently)

[NHsorter]

If I had no silver, I would buy some ASAP. You might not want to go all in right now, but I think it is a good time to start. If it goes up, then great at least you got a start buying at the bottom. If it goes down, then you can just buy some more and bring down your average cost. You would have a hard time finding someone on here that is going to tell you that it's a bad investment in the long term.

[silverflake]

Your window of opportunity to trade Federal reserve notes (a decaying currency) for tangible wealth (SILVER) is going to close soon. I don't know when. Just buy some and don't look at it as it's value going down or up day to day. It's long term protection. Buy. Save some more hundreds and buy more. Repeat process until unable.

[Coppercrazy]

methinks it is a good time to buy.

[justj2k78]

For me, it's always a good time to buy. I'm not a good saver. That's one reason this PMs appeal to me - I can't spend them easily. So if I had $300 to put towards Ag, and I decided to wait until silver was $2x.xx/oz, when the time came, the money would be gone. So when I have some money, I buy. If I get one ounce, or one hundred... not the point. I'm adding to my stack.

[schockergd]

Find a number you're comfortable with spending , spend half. If it hits $33 buy more, if it goes down to $27 , buy more.

[Mercuryman]

Don't get caught up in " ill buy if it drops to 25" or "ill buy if it drops to 28" most of these people miss the train and lose out. Before you know it silver will be back to 40+ an ounce. In a few year's it will be irrelevant if you bought at 28 or 45. Your buying precious metal's for worthless pieces of paper. I bought at $50, and i will do it again.

[RichardPenny43]

.

[BamaJoe]

It's ALWAYS a good time to buy - I could care less what the current price is. In the future you will look back and wish you could get it for that price again regardless of what price you pay today.

I've bought silver every month for 10 years now - sometimes alot, sometimes just a few ounces. I can remember being told I was absolutely nuts for paying the outlandish price of $6/oz for it and that I should wait for the dip down to more "reasonable" prices. I don't regret a single purchase.

[barrytrot]

It's ALWAYS a good time to buy - I could care less what the current price is. In the future you will look back and wish you could get it for that price again regardless of what price you pay today.

I've bought silver every month for 10 years now - sometimes alot, sometimes just a few ounces. I can remember being told I was absolutely nuts for paying the outlandish price of $6/oz for it and that I should wait for the dip down to more "reasonable" prices. I don't regret a single purchase.

Bamajoe has it FLAWLESSLY! Have a consistent strategy and you will beat the "market timers" in the long run 100% of the time!

[stonewallrabbitry]

Thanks for the advice, I am going to check with a coin guy at a local flea market and see what he is selling silver for. I would like to start buying an ounce each week until work gets slow this winter

[Mossy]

Thanks for the advice, I am going to check with a coin guy at a local flea market and see what he is selling silver for. I would like to start buying an ounce each week until work gets slow this winter

A set weight might not be the optimum path. "Cost averaging" seems the best, ie, budget a set amount (say, maybe $50?) to spend on PM, silver or other, per week/month/every other payday. That's the target. Maybe the best purchase at that time is $45, maybe it's $55. Maybe you get $2 face, maybe $3 face. You automatically get less at higher costs and more at lower. Easier to budget a set dollar amount than a vague "whatever an ounce is going to cost when I'm ready to buy".

[silverflake]

Guys, maybe I am thinking too SHTF-ish here but I say just buy what you can, when you can (which amounts to dollar cost averaging) and more importantly WHILE you can. I am no economist nor seer but there's going to come a day when either FRNs collapse, or silver gets out of range of the common man or you just won't be able to find anyone willing to sell it to you. Or all of the above.
Again, 2 cents from silverflake.

[balz]

Best time to buy is when your wife is not watching!

[Mossy]

Best time to buy is when your wife is not watching!

LOL.

If the economy goes bad, silver will be valued as a PM. If the economy gets rescued, silver will be valuable for electronics.

Maybe it goes up a little, maybe it goes up a lot. I doubt it can go down much ---->in the long run<-----

"Short run"? Them that knows ain't talken.

[fansubs_ca]

Best time to buy is when your wife is not watching!

So for those of us that don't have a master er I mean wife anytime is a good time
to buy.

[moneydog]

I have zero Silver and was not going to buy it when price was high so I was just sorting copper pennies. Of course my internet service was down (thanks verizon) when prices must have been at the lowest, is now a good time to buy? I only have a couple hundred to invest into silver until spring time.

buy, buy, buy

[SoFa]

Wait til next week, then buy a little.

[Steel Talon]

FWIW..
Buy 2 to 3 coins a pay check Depending: that will be 48 to 72 troy ounces in one year.

[shinnosuke]

http://www.uncommonwisdomdaily.com/next-leg-down-forming-now-13057?FIELD9=2

This guys says prices will fall some more.