Precious metals are cheap now

Schifference

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Jun 23, 2010
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Oh boy not discouraged at all! Just picked up another 50oz of silver. I hope it goes to $10 so my 1k buys 100oz! Great time to buy!
 
I screwed up and bought some silver at $20.07 + premium over the weekend.

Too bad I didn't wait....I could have gotten the same amount for a few hundred less.
 
Time to go buy back the silver I sold to the coin shop for $26-28 more than a year ago.

Wait. Nah. I'll wait for $8.

(Actually serious, I may use a big dip to buy some numismatics. Love me some collectibles.)
 
I welcome $8 as a great buying opportunity in the dream world and will keep purchasing all the way down to $.001. FRN are worthless every day!
 
Time to go buy back the silver I sold to the coin shop for $26-28 more than a year ago.

Wait. Nah. I'll wait for $8.

(Actually serious, I may use a big dip to buy some numismatics. Love me some collectibles.)

Well , seriously, what you sold is still not there, and I also doubt you will find a bargain on numistics , but I can get you some good deals on numistics if you let me know what type & grade you are interested in.
 
I screwed up and bought some silver at $20.07 + premium over the weekend.

Too bad I didn't wait....I could have gotten the same amount for a few hundred less.

Most of us bought it at more. So if you screwed up, you still did much better than us.
 
Does anybody believe that it could drop below $17 or thereabouts anytime soon?
 
I bought it three weeks ago when it was at $22.80. My timing is always off. If I had just waited a few weeks I would've gotten it much cheaper.
 
There are two prices which matter. What you paid to buy it and what you sell it for. What it does in the meantime means nothing. "shoulda....." Noboby can know when the best time to buy or sell will be.
 
Long time bull, 2005, in it thanks to my dad, will not sell as long as he does not substantially. But this sub 1200 and dowgold plus 12,5 thing is getting on my nerves. All the people horaying for lower gold, stop it. Not only is it annoying, it is illogical, which makes it more annoying. It's not like gold has a magical fixed future value that it eventually will reach during any scenario.

What is roughly fixed however (definetely quite independent from the gold market) is my lifetime and i wanna be rich for the rest of my life. So start wishing for 80000$/oz tomorrow. Buy high, sell higher! Everybody happy, always.
 
Do you buy life insurance with the simultaneous desire of wanting that the policy be triggered?

I assure you, gold will go much much higher (in fiat terms). That does NOT mean you will be significantly wealthier as a result.

You will be clinging to a buoy as the vast majority of the population sink like a rock.

Long time bull, 2005, in it thanks to my dad, will not sell as long as he does not substantially. But this sub 1200 and dowgold plus 12,5 thing is getting on my nerves. All the people horaying for lower gold, stop it. Not only is it annoying, it is illogical, which makes it more annoying. It's not like gold has a magical fixed future value that it eventually will reach during any scenario.

What is roughly fixed however (definetely quite independent from the gold market) is my lifetime and i wanna be rich for the rest of my life. So start wishing for 80000$/oz tomorrow. Buy high, sell higher! Everybody happy, always.
 
Picked up a little bit of Silver when it was $21.50 on the 18th, told my brother after i placed the order that silver will plummet in price since i just picked some up.
 
Two days in a row where silver (in the green) vastly outperforms gold while gold floats in small red numbers.

I think silver has now bottomed and is going to see an epic reversal.
 
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