Silver getting crushed today

Me First Please!!!

 

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And here I was getting ready to sell off my $13.00 and $14.00 silver when it hit $18.00.

 

So am I right here? I have a Family member that bought silver heavily when it was in the $27.00 - $35.00 range a few years back. All I here from them is whining about how much they lost and I should not buy any. OK so this is what I told her AM I RIGHT? If you buy as much silver now when price is about half of what she paid before it will average out for her to a price right about in the middle. I told her this last year when it was in the $15.00 range and remind her during holidays.

 

It's only a loss if you sell it.

 

My brother and his wife did the same thing, they bought a lot at $28 a few years back. When I told him I was buying around $14 in the beginning of last year he was pissed. Tell your family member to Coin Roll Hunt Halves to drive his average cost per ounce down!

 

And we keep going down today. I'm glad I didn't buy any yesterday. I was tempted.

 

[QUOTE=" Tell your family member to Coin Roll Hunt Halves to drive his average cost per ounce down![/QUOTE]
OH we do not have time for such foolishness. But they want me to spread out my collection to there kids, LOL

 

OH we do not have time for such foolishness. But they want me to spread out my collection to there kids, LOL[/QUOTE]

Yeah, it is foolish but fun. If you don't have time on your hands it's not worth it.

 

I think its Foolish FUN!!!

 

And it's only a profit if you sell it, too.

 

Are you sure? If you enjoy holding the stuff enough, that's a form of profit right there...

 

I don't put emotional attachment into elements from the Periodic Table per se, not even #79 or #47. Does that disqualify me from being a CT member? I react to the designs stamped thereon, not the number of electrons in the atomic clouds around the nuclei.

 

Okay, I should've said "one enjoys" instead of "you enjoy"... but you should've said "one sells" instead of "you sell".

And I think the comment still holds, whether one is talking about numismatic collectibles or bullion.

 

Whew ... that was Close

I forgot the Fed was today

Gold prices edge up after Fed holds steady on rates ==>
http://www.marketwatch.com/story/go...e-awaited-2017-02-01?mod=MW_story_latest_news

 

you sound just like an economist !!
LOL

 

Kurt, it is the number of protons in the nucleus and not the number of electrons in the cloud that determines the element, as these do vary when ionization of such occurs. jim

 

Looks like it's going to be a Nothing Burger today.

 

But I especially disdain ionized gold and silver. It attracts too many rubber balloons.

 

This is cuz I are one. I also don't fall prey to silly arguments like "gold and silver have been real money for over 5000 years". Do we really want to gauge truth based on miscellaneous crap people believed 5000 years ago? No thanks, I'll decline.