How low Below twenty until buying?

Discussion in 'Bullion Investing' started by slackaction1, Jul 1, 2022.

  1. Mr. Flute

    Mr. Flute Well-Known Member

    Hmmm....and today is Monday.

    :);)
     
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  3. -jeffB

    -jeffB Greshams LEO Supporter

    Yep, out with the "is there a local show this weekend" model, in with the @Mr. Flute model :)
     
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  4. Mr. Flute

    Mr. Flute Well-Known Member

    Aw.

    I feel I'm correct because I appear to be regularly affirmed due to the longitudinal anecdotal trend(s) I've seen watching with the market price movements every workday for the last 12 years.

    The [traditions] are dead; long live the [traditions].
     
    Last edited: Mar 13, 2023
  5. Mr. Flute

    Mr. Flute Well-Known Member

    :);)
     
  6. Mr. Flute

    Mr. Flute Well-Known Member

    Silver up another ~2.75% and a total of ~8-9% since last week.

    Look for another 'drop' in about a week or so by some 4-5% as market players' programs sell off to reap the increase.
     
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  7. -jeffB

    -jeffB Greshams LEO Supporter

    Counterpoint: there's no local show this weekend, so expect gold and silver to hold their current highs heading into the weekend. :rolleyes:
     
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  8. Mr. Flute

    Mr. Flute Well-Known Member

    For sure. :)
     
  9. Mr Roots

    Mr Roots Underneath The Bridge

    If gold breaks $2000 and stays there for a month and silver stays under $25, I would buy silver over gold.
     
  10. rte

    rte Well-Known Member

    Below $20?
    My local G&S store had this piece in today.
    2x this socalled below $20 so I grabbed it.
    IMG_20230317_120243673~2.jpg
    There were a few USVI Ingots at $34.50 that I left for the time being.
    Everything else with a cool factor was $43 and up an ounce.
    Had some cool stuff though.
    IMG_20230317_112212113_HDR~2.jpg
     
  11. Collecting Nut

    Collecting Nut Borderline Hoarder

    The man on the label looks like the guy on the silver.
     
  12. rte

    rte Well-Known Member

    Yes Richard Harrison.
    The old man from the gold and silver pawn shop in Vegas.
    He passed away, the conservative rounds went up in price.
    Not sure what of if they are limited mintage.
     
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  13. Collecting Nut

    Collecting Nut Borderline Hoarder

    Nice to have one.
     
  14. rte

    rte Well-Known Member

    Well I had to go back and ask about the certified 1921 Peace dollar price...and the WTC Recovery Silver Eagle.
    The 21 Peace dollar was $200+
    $60 on the WTC eagle and I didn't ask the price of the WTC Recovery 1961 Uruguay 10 peso silver.:rolleyes:
    I'mma slow learner :p
    Screenshot_20230320-133301.png
    Which one would you prefer?
    I shopped prices on eBay and felt the need to go back and get the WTC Eagle, figured IF the 10 peso silver would be half price of the eagle I'd get that too.
    The price for the 10 peso was quoted at $100:wideyed:
    Hmmm, not what I expected at all...
    The WTC Recovery Silver Eagle was still $60 so I snagged it up.
    I know they are gimicky slabs but I've been looking for a cheap one. Screenshot_20230320-131245.png
     

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  15. potty dollar 1878

    potty dollar 1878 Well-Known Member

    I'm mostly intrigued by that beautiful balboa in the corner,it was most likely to expensive though.
     
  16. rte

    rte Well-Known Member

    I can ask, I didn't think those were very expensive?
    Probably $10 over spot?
     
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  17. Mr. Flute

    Mr. Flute Well-Known Member

    let's talk about reasons for the below prices as of right now today:

    Silver - 22.61 Gold - 1,909.34

    Any thoughts? I think it's an easing of worry about the potential for a recession, but...
     
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  18. -jeffB

    -jeffB Greshams LEO Supporter

    Gold at $1500, anybody? :rolleyes:

    (Sure, as long as they're 2016 dollars...)
     
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  19. Heavymetal

    Heavymetal Well-Known Member

    Current interest rates make the cost to hold steep. Big players borrow to buy futures contracts and that drives the spot price.
    I sold a little at $23.50. Getting ready to sell a lot more in the next year or so. Peak interest on the cycle within 9 months. Then be ready to ride the wave
     
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  20. Cheech9712

    Cheech9712 Every thing is a guess

    I know where you could sell it in Vagas
     
  21. Cheech9712

    Cheech9712 Every thing is a guess

    You bought it cuz it meant something special. Hey!!! I’ve bought 60 dollar toys that didn’t last a year. Who slabbed it Curious
     
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