Silver's on the move!

Discussion in 'Bullion Investing' started by Brett_in_Sacto, Jun 30, 2016.

  1. -jeffB

    -jeffB Greshams LEO Supporter

    Tonight's move downgraded from "it's a boy!" to "Gesundheit"?
     
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  3. Bman33

    Bman33 Well-Known Member

    Yeah, $20.58 now. Quick drop
     
  4. jmccarty

    jmccarty Active Member

    Looking at it like a day trader!!
     
  5. Bman33

    Bman33 Well-Known Member

    Yeah, but it's fun
     
    Cascade likes this.
  6. jmccarty

    jmccarty Active Member

    Bloody %$ll! Trying to sell back to kitco is impossible, their website just keeps timing out!
     
  7. Cascade

    Cascade CAC Variety Nerd

    Nobody says day trader anymore lol. I haven't heard that one in a while.

    You're trying to sell back to kitco?
     
  8. jmccarty

    jmccarty Active Member

    Tried, managed to sell 62oz, then the site crashed and the sell is recorded as "unconfirmed". I can't see a way to "confirm" it!
     
  9. Cascade

    Cascade CAC Variety Nerd

    Damn. They crashed. This is like a hot mint product being released lol
     
  10. jmccarty

    jmccarty Active Member

    Trying the "contact us" opens a blank page that times out eventually as well!
     
  11. Bman33

    Bman33 Well-Known Member

    Ok, back down to $20.21. Hopefully tonight is a good sign to come. I'll be at my office Tuesday morning writing a check for more!
     
  12. Endeavor

    Endeavor Well-Known Member

    That sounds like a bucketshop tactic. Anyway, I wouldn't sweat it. Probably doing you a favor. Even if you can't sell at today's price for a few weeks, you should be able to in not too much time after that. Today's volatility is no surprise with the US holiday on Monday. We might see a shakeout below 20 after US is back online but the world trend can't be stopped. Patience.

    EDIT: Also keep in mind you have different avenues for selling. Never close yourself off in ways to sell out. That's the beauty of trading physical.
     
  13. -jeffB

    -jeffB Greshams LEO Supporter

    Yes, it's inconceivable that a 6% surge in prices over a couple of hours would generate enough traffic to make a site slow down. :rolleyes:
     
  14. SilverTracker

    SilverTracker Well-Known Member

  15. Cascade

    Cascade CAC Variety Nerd

    :D

     
  16. -jeffB

    -jeffB Greshams LEO Supporter

    Thanks, I was too lazy to make the word a hotlink. :)
     
    Cascade likes this.
  17. Comixbooks

    Comixbooks Active Member

    Both Silver and Gold right now are way out of my budget.. I could buy silver but lets say you bought a 100 oz bar for 14.00 a ounce for$1,400 now it's $2,000. Gold is close to $1,500 a ounce which I own nothing of basically.
     
  18. Endeavor

    Endeavor Well-Known Member

    You can buy silver in quantities in less than 100 oz. :)
     
  19. -jeffB

    -jeffB Greshams LEO Supporter

    A silver dime will cost you around $1.50. That's forty or fifty cents more than it would have been at silver's lowest point during the last year.

    A 1/10oz AGE will run $150 or so. That's thirty or forty dollars more than it would have been at gold's lowest point during the last year.

    Sure, they're both more expensive. But how would you feel about today's prices if silver goes up to $30/oz again, or gold gets up to $1700/1800?

    Your budget might start to look a bit better to you with a slight change in your perspective. :)
     
  20. Brett_in_Sacto

    Brett_in_Sacto Well-Known Member

    Mine was spot on... Been planning and prepping for a year. Now I'm reaping the rewards!
     
  21. Cascade

    Cascade CAC Variety Nerd

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