Anyone stacking silver or gold at these prices?

Discussion in 'Bullion Investing' started by The Half Dime, Jun 5, 2024.

  1. fretboard

    fretboard Defender of Old Coinage!

    Great buy there, good on you! thumbupp.gif Like they used to say in my old neighborhood, years ago! You lucky like a mudda mucker, that's close enough for this audience! 112.gif
     
    imrich likes this.
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  3. rte

    rte Well-Known Member

    All shipping costs going up.
    I just paid an extra $1.10 to ship the same item as I did last week.
    I tried to snag a 5 gram Wonka bar today but got out by 3 others. It ended up at $590. with $15 shipping.
     
  4. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    GOLD is projected to hit $3,000 an once
    next year so Iam a buyer right now
    going to buy a couple 1 once bars tomorrow :)
     
  5. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Smart move, never know. Win, Win situation. I hope it does hit 3K
    next year.
     
  6. Barney McRae

    Barney McRae Well-Known Member

    Wow. If it hits 3k, I might have to sell my sovereigns (for cash from nefarious pawn shops) and wait for the next dip. :D
     
  7. rte

    rte Well-Known Member

    Not stacking up but, I picked up another ounce to stack @$28 from the local coin club meeting auction tonight.
    IMG_20241105_210417248.jpg IMG_20241105_210426358.jpg
     
    SensibleSal66 likes this.
  8. slackaction1

    slackaction1 Supporter! Supporter

    Gold drop bout a hundred might wait and see now
     
  9. imrich

    imrich Supporter! Supporter

    I constantly dollar-cost-average, and just sent an order for 2 more $25 PF/PR 70 Gold Eagles!

    The price may quickly adjust upwards, as recently experienced!

    JMHO
     
  10. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Talk about volatile! Was that a correction or a reaction to last nights news?
     
    GoldFinger1969 and masterswimmer like this.
  11. The Half Dime

    The Half Dime Arrows!

    Likely both rolled into one. Hopefully we can see $25 silver again, which would mean that I might break the bank on junk silver.

    Maybe not the bank, but possibly the coin shop.
     
    GoldFinger1969 likes this.
  12. imrich

    imrich Supporter! Supporter

    My personal opinion is we have seen a significant correction, where 170 posts have been posted without a P.M. purchasing question, and sellers
    have generally increased pricing in a declining P.M. value market!

    My personal observation is purchasing opportunities have increased by
    a few sellers not increasing, but decreasing their pricing to my advantage
    for acquiring more 69-70 certified Gold coins than in many past years.

    JMHO
     
  13. slackaction1

    slackaction1 Supporter! Supporter

    Don't try to catch a falling knife.
     
  14. imrich

    imrich Supporter! Supporter

    I've caught several, currently being used to carve inventories of reasonably priced certified Gold Eagles!
     
    fretboard likes this.
  15. fretboard

    fretboard Defender of Old Coinage!

    Gold was long overdue for a correction as we haven't seen one for quite awhile and we all know that's true! :D I don't think it had anything to do with POTUS news at all.
     
    Randy Abercrombie likes this.
  16. The Half Dime

    The Half Dime Arrows!

    Now it's down below $2600! Seems like the time to buy will be soon, when gold is below $2500.

    There are only 3 digits on the platinum and palladium, and silver is hovering around $30. Might be time to indulge in your favorite metal again.
     
    Randy Abercrombie likes this.
  17. Clawcoins

    Clawcoins Damaging Coins Daily

    I still remember the good old days ... when Platinum ruled Gold.
    upload_2024-11-15_22-39-59.png
     
  18. The Half Dime

    The Half Dime Arrows!

    $300 gold................................................








    Wow. I'd buy into it for that - and get me about 5 tubes of those $8.70 Eagles, please! ;)
     
  19. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    That was when I bought most of my gold. Problem is that $300.00 gold then was as much of a financial burden as $2500.00 gold today.
     
    Dynoking, masterswimmer and -jeffB like this.
  20. Clawcoins

    Clawcoins Damaging Coins Daily

    'ya know, after the 2008 crash my salary (at a new job) was half of what it was. I'm still below the max $$ I made before the crash.
    For me, looking back, it would have been less of a burden to buy more gold, especially compared to today.
    I still have one of those tubes of silver I bought on that receipt. That was my first foray in to stacking US Mint precious metals. I wish I had more.
    .
    that reminds me, I left my ProvidentMetals shopping cart trying to decide between silver and gold.
     
    Randy Abercrombie likes this.
  21. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    The new administration is favorable to GOLD, BTC , etc so iam all in ,picked up another 2 OZ this past weekend in PAMP 1 OZ bars at Costco with current price
    point paid which is equivalent to $26 over spot and thats just insane a good way :)

    Every trip to Saint George Utah gets me more and more info such as there deliveries
    they get 25 OZ at one time and usually on Thursday as they are always sold out by Sunday night and allot of times by before then.

    They also sell 1 OZ buffalos at the same price but they were out of those, these actually bring a premium when its time to sell, so this is win. win :)
     
    Clawcoins likes this.
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