Discussion in 'Bullion Investing' started by FryDaddyJr, Jan 12, 2020.
Log in or Sign up to hide this ad.
PM = Precious meat right?
You need to do what Warren Buffet says, Buy when prices are low and nobody wants something, sell when prices are high and everyone wants it.
Gold hasn't been low in years. need to find a reasonable dip
I will buy all of the platinum I can get if the premium is low. Every dog has it's day.
It is incredible how that works. I bought the bulk of my gold in the late 1990’s. The best lucky purchase of my life.... Then in 2011 I got silver fever when it hit $30.00. I sure paid for that simple lesson! I’ll never buy high again.
@Randy Abercrombie, I agree and that was part of my reasoning for a thread that I had about supply and demand. A lot of people got that silver fever during that time and that makes me wonder if there is a spike in price, would the market get swamped with sellers that will prevent the levels that we seen then? It’s just a nagging question on my part and I’m not trying to act like an expert.
Yes it is.
Well, I think by and large that people have short memories. Didn’t we have a crazy silver spike back in the 1970’s? Folks lead such busy lives these days that I don’t think most average hard working folks pay attention.... Until we have a crazy spike. Then every TV coin guy is selling silver, it is all over the news and as a result everyone wants in on it. I think there will be plenty of buyers out there if we see another big spike.
I sold all of my silver in April 2011 at $45/oz. ASEs at melt. People couldn't believe I was selling, I couldn't believe they were buying.
I guess we know who was right.
The other foot is still with the group that are buying what they like.
What do you consider high?
This piece sold for 2/3 the cost of the next one listed.
Separate names with a comma.