So with the prices of both GOLD and SILVER changing by the minute ! when are you going to start buying again ?
Silver is down again to $77 this evening.... it has been so up and down. I stopped buying when silver was going up at $35... probably should have bought higher but I thought it was bubble territory already at $50. Didn't want to ride it up. I'll start buying again when it goes below $50. I genuinely do think there are solid reasons for silver to be much higher than what it's been for decades. But, I genuinely also believe that we've been in a bubble that has popped.
I pretty much have been a regular buyer of both GOLD and SILVER for the past several years using averaging as my guide, since i dont plan on selling anytime soon more for my kids and grand kids to use after i have knocked over the bucket having been using BTC as my financial backing, so far so good
I won't be buying for a long time. I set a limit to what I wanted to have as an investment years ago. Same with most other types of investments except rental property. They crank out 10 to 12% every year, without fail.
Hey Physical fan, would you mind sharing your solid reasonings on why the silver bubble has popped. I try to take in all opinions or facts and form my own. I have not indulged as much, since it hit the 70 plus mark. maybe spent 1000 since it hit that mark. That's not that much silver to be had at a 1000 with these prices.
If gold gets back down to 850 I’m going on a buying spree getting the coins I wish I did before it started moving up from there originally.
Similar but maybe more realistic. To me $25-30 silver and $1500-1800 gold are good prices given long term trends. I simply want it to go down so I feel better buying coins. I have enough bullion, do not need to add to that pile, but I enjoy buying all kinds of different coins, and pm being high makes me skittish to bake that into the price. As it is I am mainly looking at ancients nowadays versus anything remotely related to PM prices to buy.
I'm still a selective buyer of gold . . . Just received a $10 1896-S PCGS MS61, and am waiting on the following 3: $10.00 1905-S PCGS MS62 $10.00 1906-S PCGS MS63 $10.00 1904 PCGS MS64 CAC Bullion? . . . not interested.
Agree 1000%. Why buy Krugerrands/ Maple Leafs/ Pandas? Better to build a great collection with emphasis on rarity eye appeal quality These coins are always in hot demand, no matter precious metal prices. And nice to look at!
Read this article here: https://www.investopedia.com/terms/b/bubble.asp The boom phase was most of 2025. Silver was high $20's, low $30's until it crossed that $40 mark. Pretty quick rise until it crossed $50, around mid November. That's when euphoria set in. Then it was a new milestone nearly every day. $60, $75, $100... the rise was hyperbolic. If you look at the price charts, the rise was nearly straight up. No market behaves like that in real life. There is no fundamental that causes that except for extremely unlikely cases. Everyone was talking about it - it was on my local news, for crying out loud! This was absolutely the euphoria phase. I'd say that when it fell from $118 to $74 in the course of 2 days, that was the bubble popping (the profit taking phase). And they are saying that the announcement of a new Fed chair (who won't even be in place for months!) was what broke the market? This precipitous drop has nothing to do with a new Fed chair, but sometimes it doesn't take much to trigger a sell. Once you start to see some selling though, everyone else has to take their profit! We had a quick echo bubble back up to $92. I believe with the price currently at $68 we are in full sell-off (panic) phase. We might have another couple of pauses and rallies for a few days on the way down, I don't know. And I don't know where the bottom is, where it stabilizes. But, everything about how silver, the market, the pundits, news media, and basically everyone has behaved over the past year is *classic* bubble behavior.