Silver getting crushed today

Discussion in 'Bullion Investing' started by Soiled, Apr 1, 2016.

  1. Bman33

    Bman33 Well-Known Member

    DOW is up 185 points too.
     
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  3. Clawcoins

    Clawcoins Damaging Coins Daily

    Yes, the US volatility index was up yesterday.
    but when PMs moved over to the world markets they didn't care, the US markets futures were up and going up as the PM price floated back down.
    IMHO
     
  4. Fjpod

    Fjpod Active Member

    Patience.....

    Buying opportunities.
     
  5. abuckmaster147

    abuckmaster147 Well-Known Member

    I see provident has the CC GSA's on sale lol I looked until I saw the price. My newest silver acuition is in the mail box. Have to get mail and check to see. I finally bit the bullet and bought my 2016 Panda I was missing. Low spot and coupon deal.
    JON
     
  6. Clawcoins

    Clawcoins Damaging Coins Daily

    look like the BioTech index today
    [​IMG]
     
  7. Bman33

    Bman33 Well-Known Member

    Provident has been marketing a lot lately. I got a coupon for 90% quarters and dimes for 10 cents over spot. Expires tonight, I may go for it.
     
  8. slackaction1

    slackaction1 Supporter! Supporter

    lol knew you still had it in you...........B-MAN
     
    Bman33 likes this.
  9. Clawcoins

    Clawcoins Damaging Coins Daily

    hope spot keeps nosediving then ...
     
  10. Bman33

    Bman33 Well-Known Member

    Yeah, still haven't pulled trigger because of drop. Will pull the falling knife trick!
     
  11. abuckmaster147

    abuckmaster147 Well-Known Member

    What is that it keeps falling then STICKS YA ??
     
  12. Bman33

    Bman33 Well-Known Member

    Yeah. I decided to not do the deal. With the amount I would buy I wouldn't be saving a whole lot of money with the coupon.
     
  13. rrholdout

    rrholdout Active Member

    I think I am swerving from bullion also. Prefer coins.
     
    LA_Geezer likes this.
  14. sakata

    sakata Devil's Advocate

    He did not say he was retreating from bullion. He said he was retreating from silver. Not all silver if bullion. There are lots of silver coins.
     
  15. rrholdout

    rrholdout Active Member

    'Silver bullion' then, to be specific, regardless of charts.
     
  16. Bman33

    Bman33 Well-Known Member

    I have been refraining from buying anything for a couple of months except for face value silver halves from Coin Roll Hunting. I did decide today to continue to stack PM's despite all I have said the last week. I came to the realization when I was looking at the GSR. With silver where it's at cost wise it is still a good time to buy. I am going to a coin show Saturday and will be buying and trading silver. I was going to go fractional gold but after running the numbers on the premiums it makes sense to just go with full ounces. It's still silver time! Bring on the ASE deals! Let's get some 10oz bars! Go baby go!
     
  17. losthomer

    losthomer Active Member

    Still not cheap enough at 16.85 as I type.
     
    BlackBeard_Thatch likes this.
  18. Deadline

    Deadline Active Member

    What is cheap enough? Are you buying 1K oz. at a time? If not what is a .50 swing when even buying 100 oz. bar that's a measly $50 in either direction. A time will come when folks will kick themselves for not buying at $17 an oz.
     
    SilverMike likes this.
  19. Bman33

    Bman33 Well-Known Member

    I concur. Any time I can get ASE's for under $20.00 I am down. I'm buying some today actually.
     
  20. sakata

    sakata Devil's Advocate

    There is an auction on EBay right now for a roll of 1987 ASEs. It started at $299 and is already up to $386 with over 4 days to go.
     
    slackaction1 likes this.
  21. -jeffB

    -jeffB Greshams LEO Supporter

    And five or six years ago, we were assured that a time would come when we would kick ourselves for not buying at $34 an oz. Still waiting...
     
    LA_Geezer likes this.
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