Gold & Silver Prices to Skyrocket in December!

Gonna be some margin calls today on silver longs
Spot will drop another 5% this week
That’s your entry point
Gold entry point Friday, early

 

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Yep, certainly looks that way! Stocks took a dump and gold took a rung down the ladder as well! Gold may go down a bit more, we'll see but I'm not concerned, not concerned at all!

 

Is Gold dropping enough to buy at 1879.00 silver 23.29 PATIENTLY

 

Yes it drops this low the coin shop i always goes to completely literary runs out of gold and silver.

 

In today's world yes! If you can afford to put it away and it doesn't affect the rest of your budget, the answer is yes! Gold is my savings account, I keep very little in the bank!

 

Entry point is 10% of your intended position
If it goes down 5% more, add another 20% of final position
If it goes down 5% more, add another 20% of final position
If it goes down 5% more, go all in
Down another 5%, home equity loan time

 

So you advocate today people should go all in, AND mortgage your house at around $1440 an ounce? Just a year ago or so I was buying for less than that.

Way too risky for such a volatile asset for me. I never mortgage my house for any investments. I invest in pm for decade timeframes.

 

Yes I do.

 

Let me ask this? Why does some of these Sellers think the Morgans are worth more than the Peace Dollar... even though there are no key dates or CC coins in mix.. just circulated... He wants 21.50 for the Peace dollars and 29.00 for the Morgan... hurts your cost averaging buying that high... might as well just buy gold if I gonna spend that kind of money on silver. Silver melt value 18.36 that's 3 over. Punt, Pass, Kick.

 

I would pass! The reason I would pass is because I don't buy Morgan or Peace dollars anymore unless I'm getting a really good deal like spot or below. The reason is, I only buy ASE's as they're a 1 ounce coin and the liquidity factor is smoother and easier! Buy what you want but I buy coins that are easier to sell and ASE's is the answer for me and raw is better in my book!

 

why aren't generic bars and rounds easy to sell?

 

why are mercs more expensive than roseys?

 

More counterfeits

 

Sometimes you find an overlooked variety, higher grade, or even scarce or rarity
And fillers for albums

 

ROSIE VS MERCS....Why cause their older? or because they are winged liberty heads....what but they r

 

Ask this question on Coin Chat or US Coins forums. Not the same members read Bullion Investing

 

Because they are attractive coins and by being older are scarcer. Besides oddball group stuff, the only Roosevelt's I have ever bought were when I was bored and compiled a set in a roll to kill the time, (usually topped off with 4 49s since a set is 46 coins).

Almost every coin collector I know would choose the mercury over the Roosevelt if only for artistry.

 

Well I can't speak for everyone as we all have different experiences buying and selling. All I know is when I sell, I want to get top dollar for my silver. If sellers don't mind being told they will get a lower dollar amount for generics then that's their deal and their business. Every single time I've sold generics, I've had dealers lower their buying price, same as with foreign gold! It never fails!

 

the higher the silver price, the less premiums matter. it should be about getting the most silver for your money.

 

no, it's the same as why morgans are more expensive than peace dollars. I was answering the question,