Silver is on the move, did we just pass the bottom?

Discussion in 'Bullion Investing' started by JobIII, Aug 22, 2012.

  1. 1000xByeBye

    1000xByeBye New Member

    I'd like to wait for a record-topping (over $50) before celebrating, but if I were to bet on it based on all the technical analysis I've read about, I'd say we're done with the bottom!
     
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  3. JobIII

    JobIII Active Member

    This is my opinion. I am not going to subscribe to the notion that silver will never go below $20 again. It may take a while but I am confident it will drop below that number sometime over the course of the next 30 years.
     
  4. scarroll100

    scarroll100 Member

    Well this is really speculative:yes: , I've brrn buying silver boullion about two times a yr for the past two yrs and every time I bought the price went down it started at about $515 a oz and the last time I bought t it was a little more than $305 per oz:yes:.... Anyway I have 20 10oz stackers (bars) and three rolls of 2012 ASE's @ $651 per roll. not bad and I will be buying this yr but the price has to go up sooner or later...i think I've done pretty good av price is just above $415 or so per oz. Plan on buying a 100 oz bar this yr as a collectable if I get my raise from the VA, And if I don't I'll probably stick with the 10 oz bars my son really likes them and they will probably be his inheritance so I'd like to make enough to be interesting anyway... The thing about presious metals is consistancy in other words keep buying on a regulsr basis even if it's very little just keep buying , believe me it will go back up and when it does you will be glad you bought when you did instead of waiting to save a buck or two in pricing... That's all I hAVE TO SAY ABOUT THAT ... I only have three pieces of gold price is way to high for me to dabble with , I have a 1986 gold fifty dollar gold piece obtained from the Texas dept of ??? from a safe deposit box they sold as unclaimed and I won the auction/// Also a Medal of honor gold commerative 1/2 oz coin and a 1 oz gold bar from somewhere that's all ... scott (Grampa):yes:
     
  5. Blaubart

    Blaubart Melt Value = 4.50

    Ye gods that was a painful read! Must have been typed on a smartphone. ;)
     
  6. scarroll100

    scarroll100 Member

    my apoligys sir , I don't own a smartphone just a retired Grampa that loves this hobby... Thank you very much... Scottt (Grampa)
     
  7. desertgem

    desertgem Senior Errer Collecktor

    Welcome to the forum Scott! Just take your time and recheck before sending. Many of us members, young and old, take a miniute to check for red underlining ( spelling errors) before hitting the post button. Also for long messages, it sometimes help to space it into paragraphs for easier quoting and reading.

    Jim
     
  8. scarroll100

    scarroll100 Member

    OK, Thanks Scott
     
  9. Blaubart

    Blaubart Melt Value = 4.50

    Welcome aboard!

    Although it was done in jest, I am sorry for criticizing your earlier post.

    When you mentioned a raise from the VA, I mistakenly assumed you worked there. While I am thankful for what the VA does for us veterans, I am even more thankful for what those who need the services of the VA have done for us.

    Thank you for your service!
     
  10. Elapid

    Elapid Member

    I'll second the respect to out Vets, without their sacrifice I'm sure I wouldn't be here talking about buying and selling Precious Metals. All US veterans are hero's!
     
  11. scarroll100

    scarroll100 Member

    Very nice response and thank you. I did 20 yrs in USNavy mostly on aircraft carriers in the Jet eng shop repairing f-14 tomcat fighter jet engines.. Loved it and hated to go but after 20 years had to move on ... Again thanks for your nice reply and all vets appreciate the veterans Admin especially there hospitals and care they afford us veterans... Thanks for Caring... Scott (Grampa)
     
  12. scarroll100

    scarroll100 Member

    Amen Brother Scott
     
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