Anyone buying now, or waiting for a dip?

[platinumdude]

Curious if anyone is buying PMs now or are anticipating another dip in the PM prices.


Me personally, I'm hoping for another small dip before adding a little bit more.

[Shami-Amourae]

I'm waiting for a dip too, but I probably shouldn't. I said I was waiting for the dip LAST Sunday, then it went from $30.50 to $35.50.

[hoarder]

This is the dip.

[palani]

Wouldn't it depend if you are buying physical or paper?

Does not appear there is much physical to buy at what are being called market prices.

[gunDriller]

i don't think we've had the full Collapse of 2011/12 yet.

the dip to $1550 gold/ $26 silver was short-lived, not accompanied by a full-on market meltdown.

Europe is all Kissy-Kissy, pretending they solved their financial problems.

when the markets go back into "OH SHIT" mode, it tends to result in temporary dollar strengthening. illogical, but, the way it has been working.

logic tells me the markets will have moments of clarity before they reach for the next dose of Thorazine.

logic also tells me, the US $ has no intrinsic value.

so, there's a paradox.


AND - people still act as if the $ DOES have value.

can you believe - regular grapes are going for $4 a pound in San Diego. example of inflation/ dollar devaluation, that is.


insiders must be cleaning up. this volatility allows them to make 5% on their money every few weeks.