SILVER down to $24

Discussion in 'Bullion Investing' started by goldcollector, Aug 11, 2020.

  1. JD Bartlett

    JD Bartlett Member

    I think some of that drop may have been due to profit taking.
     
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  3. rte

    rte Well-Known Member

    Let see if I can be ELEGANT here...:greedy:
    Could add to the sticky in the BS section for new comers to be aware of the gold collector delema/facts.

    Not a ban hammer, just the heads up to steer clear of (xxxpeoplexxx) for questionable actions.
    A KIN to the bad check wall.

    I DON'T Have a dog in this fight, but I'll throw out an example of a similar situation with our local coin club meeting.

    I know a guy that was interested in coins.
    He expressed his desire to make a meeting as a guest.
    He bought 2 items and paid for them from the monthly coin auction.

    One of the seasoned guys had a mint silver set (dont remember the year) that the guest liked and he sold it to him on payments.
    ( pay me next meeting type of deal)
    The guest came to 2 other meetings and bought a few more things from the club auction...still owing the seasoned member for his silver coin set.

    Things got a little more complicated in the guests day to day life and he hasn't been to any more meetings.

    Because I brought this guest into the group, I stepped up and paid his bill to the seasoned member and IF the guy ever pays his debt...the member will make me whole.
     
    Last edited: Aug 12, 2020
  4. Collecting Nut

    Collecting Nut Borderline Hoarder

    That was very kind and generous of you. It speaks well and I'm sure the seller appreciates what you did more than you'll ever know.
     
    GoldFinger1969 likes this.
  5. GoldFinger1969

    GoldFinger1969 Well-Known Member

    It sure does...but what about your friend who didn't pay up ? Talked to him....what gives ? o_O

    Unless he suffered a major financial reversal, he should pay up. Did he think he could get coins for FREE ? :mad:
     
    Collecting Nut likes this.
  6. losthomer

    losthomer Active Member

    Silence from the old collector when silver is up. Page after page of non sense when it is down.
     
  7. Collecting Nut

    Collecting Nut Borderline Hoarder

    I was just thinking the same thing. No word for a week then it drops one day and there he is. It's back up and he's gone again. Makes me wish it would go up every day.
     
    GoldFinger1969 likes this.
  8. goldcollector

    goldcollector Member

    Haha Collecting Nut. You're a funny guy right up there with LAPS. I have never gone a week without posting, not for a long time anyway. Congrats it's up like 25 cents since my last post. I was avoiding posting because of that huge 25 cents jump. By the way, feel free to hit the ignore button if it's such a big problem. I truly do not care.
     
  9. Oldhoopster

    Oldhoopster Member of the ANA since 1982

    It would be easy to hit the ignore button, but then newer members would never know that you cheat other members. We don't want you to take advantage of them as well. They should know how you behave on these forums and then can form their own opinion regarding the credibility of your posts.

    Just curious, I always wondered if you are really trying to help members with your knowledge of the precious metals market, why do you continually make fun of those who hold different opinions. It seems to me that more people would take your comments seriously if you didn't pull up old posts and/or berate members for guessing market moves incorrectly. And if you're not trying to help others, then just admit you're trolling and be done with it
     
  10. slackaction1

    slackaction1 Supporter! Supporter

    Well at least I wasn't called a Silver idiot YET...................
     
    Randy Abercrombie likes this.
  11. Rick B

    Rick B Well-Known Member

    Gee, it's just a fluctuation, far from "tanking". It's still WAY up for the year. Investing ALWAYS includes fluctuations, ups and downs. It never goes straight up! If you really learn about investing you will know that the long term is what matters. This fluctuation is meaningless.
     
  12. Collecting Nut

    Collecting Nut Borderline Hoarder

    Silver is at a lot more than $.25 up. The title of your thread says down to $24.00 so which is it? Get your facts.
     
    slackaction1 likes this.
  13. Lawrence "Dutch" Keen

    Lawrence "Dutch" Keen Active Member

    I'm sorry I don't own more physical metals rather than just a bunch of old silver coins, but physical silver or gold, though valued highly, has never been on my radar as a great investment, though if pot is legalized all over the place, maybe my pot stocks will go through the roof.
     
  14. Mr.Q

    Mr.Q Well-Known Member

    I have trusted my brother-in-law for 35+ years he has not let us down yet. His title, CPA-PA / Numismatist. Thank you God...
     
  15. PeacePeople

    PeacePeople Wall St and stocks, where it's at

    Not down enough for him to feel bad and give a refund, however...
     
    Jeffjay likes this.
  16. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    It will never happen. He enjoys the attention too much.
     
    johnyb likes this.
  17. Collecting Nut

    Collecting Nut Borderline Hoarder

    Like a kid in a candy shop.
     
  18. Dobbin

    Dobbin Active Member

    Credibility is falling as well
     
  19. PeacePeople

    PeacePeople Wall St and stocks, where it's at

    How can it fall if it's at zero?
     
    Last edited: Aug 14, 2020
    Oldhoopster likes this.
  20. goldcollector

    goldcollector Member

    Yes Rick you're right and silver long term is atrocious. Oh that's right you are just starting your "long term" at the beginning of the year. Lol. Silver long term has been horrifying. 10 years ago it was $38
     
  21. Brian Calvert

    Brian Calvert Active Member

    The Guy is an Absolute Bozo... What else can you say... Silver along with Gold will continue to go up for at least another year.
     
    Collecting Nut likes this.
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