Anyone here still buying gold and silver?

[platinumdude]

I haven't bought in years now. Prices are lots higher of course so I am doing other things like home improvements. After that I do not know if I will buy more metals or buy a piece of land and build a place of refuge. Doing that almost seems too expensive and then you have to worry about vandals and thieves.

[madfranks]

I'm still buying for two reasons. One, as a numismatic collector, there are still lots of coins I need to fill my collection, and two, I'm confident that it won't be 5 years before metals are double what they are today. So while it was fun to buy gold at $700 and silver at $13, it's still a good buy today.

[JJ.G0ldD0t]

We're nearing endgame time - So yeah I'm still buying. Picked up 22 1 oz rounds this weekend on fleabay for 820 FRNS.

[AndreaGail]

I've bought sparsely over the last year or two. I've been picking up Dan Carr's 1/10 oz gold coins and the new SAE's. Other than that I've diverted most of my free funds towards preps as I had been severely lacking in a couple departments...

[Shami-Amourae]

I'm done for now since I bought more than I can physically carry. If I get anything else it will be gold since it doesn't weigh a ton like silver does. I'm busy buying food stocks of other preps and a new place to live outside of the Peoples Republic of California should have enough money soon.

[BrewTech]

Not buying really, just trying to hold on to what I used to have before I lost it all in a tragic jet-ski accident.

[madfranks]

I've bought sparsely over the last year or two. I've been picking up Dan Carr's 1/10 oz gold coins and the new SAE's. Other than that I've diverted most of my free funds towards preps as I had been severely lacking in a couple departments...

I think you and I are the only people I know who really appreciate Dan Carr's coins. He definitely has the spirit of the early American coin designers in him.

111
112
113

[Serpo]

The Indian coin is amazing

[Awoke]

I buy small quantities here and there as I can afford to. Most of my cash is going into preps and the satanic banking/debt system.

[EE_]

I've been sniping ounces off Ebay for the last couple weeks.
10.5 ounces silver, total price inc. shipping $290 = $27.61 per ounce

I strike after the 5 second click.

[Olmstein]

Dave Ramsey told me not to buy gold.

[chad]

got priced out of generic bullion first, then peace/morgan dollars, now i'm down to buying walker halves. quit buying gold at $1,300.

[optionT]

Still stackin' till $50 silver.

[EE_]

Dave Ramsey told me not to buy gold.

Jimmy the filthy Jew Cramer says not to buy silver.

[big country]

I'm still buying silver, I bought 22.5toz worth of sterling wine cups recently. I also bought 15 SAEs about a month ago.

I'm planning on selling my gold soonish to buy some land and a house. The gold will be my down payment, that was the purpose of it when I bought it so I don't feel bad about selling it for that. I'll be selling 2.5toz for the downpayment the rest I kept in cash, I've "made" about $1100 on the gold since I bought. We're looking at about 10 acres and a VERY modest (read CHEAP) house...when we find it I will sell for the down payment. I chose gold for the downpayment $$ since it seemed more stable then silver at time and I didn't want to lose the principle. I would have "made" more FRNs had I bought silver instead though.

[MNeagle]

nope, gas & groceries

[madfranks]

I'm still buying silver, I bought 22.5toz worth of sterling wine cups recently. I also bought 15 SAEs about a month ago.

I'm planning on selling my gold soonish to buy some land and a house. The gold will be my down payment, that was the purpose of it when I bought it so I don't feel bad about selling it for that. I'll be selling 2.5toz for the downpayment the rest I kept in cash, I've "made" about $1100 on the gold since I bought. We're looking at about 10 acres and a VERY modest (read CHEAP) house...when we find it I will sell for the down payment. I chose gold for the downpayment $$ since it seemed more stable then silver at time and I didn't want to lose the principle. I would have "made" more FRNs had I bought silver instead though.

Is the property owner financed? See if he'll take the gold as the downpayment.

[big country]

Is the property owner financed? See if he'll take the gold as the downpayment.

I haven't found the property yet, still working on that minor detail :P I'll see if it is an option when we find a place.

[Awoke]

I'm planning on selling my gold soonish to buy some land and a house. The gold will be my down payment, that was the purpose of it when I bought it so I don't feel bad about selling it for that.

Tangibles for tangibles is never a bad trade. Land has intrinsic value too. Same goes for food, water, guns and ammo.

[Awoke]

Now look what Schiff has to say on Silver:




Regarding silver specifically Schiff had this to say,
“I think anything in the low $30’s represents a pretty good entry point for people to buy...Once we go through $50...I see silver going to $200 an ounce. I own a lot of silver personally because of that outlook.”



http://www.globalresearch.ca/index.php?context=va&aid=25385 (http://www.globalresearch.ca/index.php?context=va&aid=25385)

[steyr_m]

I don't buy gold anymore -- too expensive. If I have a few extra dollars before pay-day, I'll buy a SML or a Cdn Silver Dollar.

[big country]

Sad to see it still dropping. Seems no matter what I do in the market it drops. If I buy it, it drops the next day. If I want to sell it, it drops the day before I go to sell. I can't catch a break. I know in the big picture I shouldn't fret over $150 ($50 drop on 3oz) but it still stings me a little bit thinking "if only I had sold yesterday".

[iOWNme]

I bought Silver from $18-$48, and have continued buying on down to $34.

I figure when Im 70, ANY and ALL paper i traded for PM's will be worth NOTHING compared to those PM's, regardless of what i paid for them.

[Buddha]

I'm planning on going out and making a purchase of Ag sometime this week.

[osoab]

I am waiting to see what the shakeout of the stop of trading OTC will do to the markets by July 15. Just sitting now. Did pick up a lead delivery device though. ;D

[LuckyStrike]

LOL, I've thought about calling Ramsey about being debt free and when he gets me on the air be like "yeah I bought in several years ago to gold and silver, since then I'm up several hundred percent, so I figured I'd pay off my mortgage"

[LuckyStrike]

Pretty much how I feel, I didn't buy silver from 25-50, but now that its down in the mid 30's I'm buying, I remember when I first joined GIM and was getting into precious metals, not wanting to buy when the price hit the high teens I was like "i'll wait till it gets down below 15" (which I did) but honestly it doesn't matter, 1,5,10 years down the road we will look back and think current prices are the deal of a lifetime.

So long as they keep printing money, which at this point they have shown their hand they have no choice but to continue, gold and silver will rise in price.

[LuckyStrike]

Dammit I am not used to hitting the reply with quote thing.

[zap]

I'm still buying silver, I bought 22.5toz worth of sterling wine cups recently. I also bought 15 SAEs about a month ago.

I'm planning on selling my gold soonish to buy some land and a house. The gold will be my down payment, that was the purpose of it when I bought it so I don't feel bad about selling it for that. I'll be selling 2.5toz for the downpayment the rest I kept in cash, I've "made" about $1100 on the gold since I bought. We're looking at about 10 acres and a VERY modest (read CHEAP) house...when we find it I will sell for the down payment. I chose gold for the downpayment $$ since it seemed more stable then silver at time and I didn't want to lose the principle. I would have "made" more FRNs had I bought silver instead though.

If you have to sell your gold for the down payment make sure you do it 6 months before you buy , because it needs to sit in the bankers house that long or they won't let you use it for the downpayment.

One of the guys who works for me was buying a house last year and his dad was going to give him $ 20,000 cash, and they wouldn't take it cause it hadn't been in a bank, His dad had it in a safe and they told the bank that, nope he couldn't use that cash for a downpayment, needs to be in a bank account for 6 months ( insert finger here) Those bastards.

Edit to add; No don't buy any Silver or Gold, one should use bank accounts and cd's.:)

[mick silver]

i got 25 ozs a few weeks back . i have slow down on buying gold an silver , i went full in at 13 bucks an oz . i still have some funds but looking for more land

[Awoke]

Well I almost bought last night because APMEX had a 24 hour sale on for nice 1 ounce silver wafers for less than a dollar over spot, but I only wanted 10 or 15 and they have a minimum order price of $1000 to ship to Canada.
I considered throwing it on credit, but I know the wife would have freaked out. Still was tempting though. I like those APMEX wafers and rounds.