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<p>[QUOTE=&quot;Del Pinto, post: 2045790, member: 73128&quot;]Agreed. BUY on serious retracements: under $17. is worth a 3-5% reallocation of one&#039;s &quot;life savings&quot; IF a) you&#039;re a new believer in PM w/o a stash and b) your total target allocation is ~15% of your funds.</p><p><br /></p><p>But look at the OP&#039;s mistake by the numbers. Assume he bought $1,000 Face Value 90/10 in US Silver Coins on 11/18/12 (date of his declaration) The wholesale price quoted in the WSJ was $24,231. ; most likely, he paid a PREMIUM with free delivery. The 12/23/14 premium (average Ask for APMEX, Provident, etc.) was 5.63% - let&#039;s take that, and say he probably paid $25,594.</p><p><br /></p><p><a href="https://www.quandl.com/WSJ/AG_CNF-Silver-Coins-wholesale" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.quandl.com/WSJ/AG_CNF-Silver-Coins-wholesale" rel="nofollow">https://www.quandl.com/WSJ/AG_CNF-Silver-Coins-wholesale</a></p><p><br /></p><p>Yesterday&#039;s wholesale Ask (again, WSJ) was just $12,342. But the APMEX Bid was just $11,247 and the losing seller would pay additional shipping &amp; insurance (~$35?) to net $11,212.</p><p><br /></p><p>In fact, we can put a number on it: the guy convinced he&#039;d &quot;make money&quot; flipping silver junk in the stated 2-year time frame just LOST over -56% of his &quot;life savings.&quot;</p><p><br /></p><p>Let&#039;s hope against hope he realized he was WRONG (bad trade timing, doomer illogic, emotional nonsense, etc.) and bailed with losses, or figured out a way to hedge that stash and otherwise minimize max pain.&nbsp; I doubt it though - he disappeared 12/30/12, a silverfish troll?</p><p><br /></p><p>The OP also bailed on stocks at the wrong time: a broad US stock mkt index like VFINX was up +32% in 2013 and up again +14% in 2014. So he&#039;s what&#039;s known as a &#039;Wrong Way Charley.&#039;[/QUOTE]</p><p><br /></p>

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