What Happened While I Was Away?

Discussion in 'Bullion Investing' started by Randy Abercrombie, May 15, 2019.

  1. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Two weeks ago today I had surgery and have been in and out of an opiate induced coma since. Used to be I would watch the silver charts near daily. Glad I don't do that anymore, but I was surprised to look today and see silver is well below $15.00 which is my personal pull the trigger level.... Granted I am not entirely back from the dead, but has there been a recent drop or are the opiates creating calamity in my brain?
     
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  3. medoraman

    medoraman Supporter! Supporter

    Glad you are well sir, and welcome back.

    PM is just in the doldrums really. Good time to slowly accumulate to me. Buy when no one is interested, and sell a decade or two later when it gets "hot" again.
     
  4. Seattlite86

    Seattlite86 Outspoken Member

    Welcome back! Hope you’re feeling better.
     
  5. Legomaster1

    Legomaster1 Cointalk Patron

    Fortunate that you could recover, Randy.

    Silver has been floating around $15 for a couple of years now. I bought a lot of it in 2015, and, surprisingly, it's price hasn't fluctuated over these 4 years. There are some unlikely predictions that silver will rise in price this year, but, I would be a bit skeptical about that info.
     
  6. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    I swear to goodness..... In my mind we had been at a $16.00 level.
     
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  7. medoraman

    medoraman Supporter! Supporter

    There are predictions silver will rise in year X constantly. That is how the "gurus" operate. Predict every year it will go up, and once a decade they can loudly proclaim, "See, I TOLD YOU! Now pay me money for my next foolproof prediction". They are about as accurate as a broken clock.... :)
     
  8. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Thanks! Old worn out knee. Fortunate to live in an age where I can get a new one. Sure is a tough couple of weeks though!
     
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  9. Seattlite86

    Seattlite86 Outspoken Member

    Those are the drugs talking ;)
     
  10. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Apparently so! LOL.
     
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  11. Hookman

    Hookman Well-Known Member

    Good Luck on your recovery !
     
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  12. Autoturf

    Autoturf Well-Known Member

    Glad your doing well. I check silver daily, out of couriousity <spelling police, it was accident), but I did spend a lot for me anyway. glad I don't have a wife to explain how much I spent today.
     
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  13. Autoturf

    Autoturf Well-Known Member

    and yesterday, past week.
     
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  14. Inspector43

    Inspector43 70 Year Collector

    Nice to see you back Randy.
     
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  15. goldcollector

    goldcollector Member

    Yes Randy it made a run up to about $15.90 maybe 2 weeks ago and received a near immediate beat down.
     
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  16. goldcollector

    goldcollector Member

    Yep silver is all hype. ( They just mined another 50,000 ounces while I typed this )
     
  17. medoraman

    medoraman Supporter! Supporter

    As is gold and other PM I would say. I would not pick on silver only. Silver will be mined as long as copper and other base metals are in demand. Gold, however, is more intentional, so supply does change with demand.

    Different metals, different uses and supply characteristics, but still more similar than different. I am only pivoting more to gold and PT due to space constraints really. Not enough value per square foot for me at this point in my life in silver. Its really pretty though. :)
     
  18. Santinidollar

    Santinidollar Supporter! Supporter

    Welcome back Randy!
     
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  19. masterswimmer

    masterswimmer Well-Known Member

    Welcome back Randy. Hope your recovery is quick and successful.

    My take on silver is pretty much what it was last year and the year before that.....status quo.
     
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  20. LakeEffect

    LakeEffect Average Circulated

    Congrats on the new knee Randy! Somebody sent me this surveillence video of Randy taken last weekend....

     
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  21. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

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