Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Just Bought My First Silver Bullion - Think I Paid Too Much?
>
Reply to Thread
Message:
<p>[QUOTE="desertgem, post: 1441929, member: 15199"]Daniel, Welcome to the forum!</p><p><br /></p><p>With the USD and the CAD almost exactly at par, you can buy wherever you get the better deal, without basing it on an exchange as precious metals is denominated in USD. Commodities, including precious metals ( and the foreign currency { except the swiss franc}) is being killed by the strong dollar. </p><p><br /></p><p>Some just buy when the impulse strikes, rather than when the dollar is strong or getting stronger ( like now) when you get a lower price. Others like to follow a trend and buy when the dollar is weak and the cost is greater hoping it will go higher. So educate yourself on what can effect the price of PM, and use it to your advantage. The US isn't collapsing, there is no conspiracy to hold the price of PM low and some day it will shoot to the moon, people aren't pushing the demand for it higher, and the demand is not far out pacing the supply. Bullion sites will use these misconceptions to try and sell, so be aware of them. IMO. I am sure some will disagree, so do your own research <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1441929, member: 15199"]Daniel, Welcome to the forum! With the USD and the CAD almost exactly at par, you can buy wherever you get the better deal, without basing it on an exchange as precious metals is denominated in USD. Commodities, including precious metals ( and the foreign currency { except the swiss franc}) is being killed by the strong dollar. Some just buy when the impulse strikes, rather than when the dollar is strong or getting stronger ( like now) when you get a lower price. Others like to follow a trend and buy when the dollar is weak and the cost is greater hoping it will go higher. So educate yourself on what can effect the price of PM, and use it to your advantage. The US isn't collapsing, there is no conspiracy to hold the price of PM low and some day it will shoot to the moon, people aren't pushing the demand for it higher, and the demand is not far out pacing the supply. Bullion sites will use these misconceptions to try and sell, so be aware of them. IMO. I am sure some will disagree, so do your own research :) Jim[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Just Bought My First Silver Bullion - Think I Paid Too Much?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...