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Next step silver - over $20.00
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<p>[QUOTE="1970 Silver Art, post: 934079, member: 18828"]The spot gold and spot silver price movements will not matter for me as a collector and the reasons that I say that because: </p><p> </p><p>1.) I do not time the market. Since I am collector, I buy silver art whenever I have any money left over after paying bills. It does not matter where spot silver is at that time that I am able to buy silver art bars. I do not worry about that. </p><p> </p><p>2.) Premiums: Sure silver could fall from $18.00 to $15.00 in a short period of time but if premiums do not fall along with spot price, then a falling spot price is totally useless IMO. The premium that I pay for silver is what matters. I concentrate more on what premium over spot silver that I pay for a silver art bar and I want to pay the lowest premium over spot silver when I buy a silver art bar. Sometimes I succeed and sometimes I fail in that effort but in the end I am happy to buy the silver art bar that I want. </p><p> </p><p><b>Conclusion:</b> I do watch the spot silver (and spot gold) price on a daily basis and I read gold and silver related articles but daily spot price movements do not influence my silver art bar buying purchases. I just concentrate on the premium that I pay for them. I just have fun making gut feeling predictions on where spot gold and spot silver will finish at the end of the year and I will admit that I do sometimes enjoy the big movements in gold and silver. For some reason I get a "rush" at seeing gold and silver make big moves (up or down). I guess I am just crazy.[/QUOTE]</p><p><br /></p>
[QUOTE="1970 Silver Art, post: 934079, member: 18828"]The spot gold and spot silver price movements will not matter for me as a collector and the reasons that I say that because: 1.) I do not time the market. Since I am collector, I buy silver art whenever I have any money left over after paying bills. It does not matter where spot silver is at that time that I am able to buy silver art bars. I do not worry about that. 2.) Premiums: Sure silver could fall from $18.00 to $15.00 in a short period of time but if premiums do not fall along with spot price, then a falling spot price is totally useless IMO. The premium that I pay for silver is what matters. I concentrate more on what premium over spot silver that I pay for a silver art bar and I want to pay the lowest premium over spot silver when I buy a silver art bar. Sometimes I succeed and sometimes I fail in that effort but in the end I am happy to buy the silver art bar that I want. [B]Conclusion:[/B] I do watch the spot silver (and spot gold) price on a daily basis and I read gold and silver related articles but daily spot price movements do not influence my silver art bar buying purchases. I just concentrate on the premium that I pay for them. I just have fun making gut feeling predictions on where spot gold and spot silver will finish at the end of the year and I will admit that I do sometimes enjoy the big movements in gold and silver. For some reason I get a "rush" at seeing gold and silver make big moves (up or down). I guess I am just crazy.[/QUOTE]
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Next step silver - over $20.00
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