IT's a sin not to buy silver...

Lucky you to be able to find a seller......none around here.......not that I need any more.
V

Damn, I bought last week at $16.

I honestly feel sick with all of this.


I have way too much Silver and don't want to buy it since I'm so disgusted by my previous purchases.

Quote:

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Originally Posted by Shami-Amourae

I honestly feel sick with all of this.


I have way too much Silver and don't want to buy it since I'm so disgusted by my previous purchases.

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You're not the only one who bought north of $30.

A good friend of mine had a windfall of 20k+, bought at 30+, then needed cash and sold at <20. Ouch.

Quote:

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Originally Posted by Shami-Amourae

I honestly feel sick with all of this.


I have way too much Silver and don't want to buy it since I'm so disgusted by my previous purchases.

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Quote:

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Originally Posted by midnight rambler

You're not the only one who bought north of $30.

A good friend of mine had a windfall of 20k+, bought at 30+, then needed cash and sold at <20. Ouch.

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Right, I started buying at (spot)14 all the way up to (spot)28 until I finished my stack. [a pretty massive stack indeed]

Then I got the bug and started collecting. For collecting, spot cost isn't really considered. Only the coin fixation matters.

I've bought at (spot) 40 plus.

No regrets here. It is still fun.

I buy again... heeheehee
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Product Name	SKU	Price	Qty	Subtotal
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Grand Total				$104.76

Back when I was an investor the general rule was always follow the big money. That rule served me well. All the talk lately has been about how the big money is going short and so many shorts shorting months or years worth of supply or some sheet. I dunno but to me the big money doesnt make moves to lose money so seemed like they were trying to bring it down or knew it was going down. The timing is perfect for the summer season as well so I am being patient.

I started buying at about 11. I stopped at 24 or so. Then the run up and I bought on the way back down at 34. Sold a little at 28 and been buying again since the low 20's. I stopped again in Feb of this year.. Now just waiting. Honestly if there was a rebound today I probably would have bought a little but my gut says this is going lower. It is tempting though :).

Quote:

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Originally Posted by expat4ever

Back when I was an investor the general rule was always follow the big money. That rule served me well. All the talk lately has been about how the big money is going short and so many shorts shorting months or years worth of supply or some sheet. I dunno but to me the big money doesnt make moves to lose money so seemed like they were trying to bring it down or knew it was going down. The timing is perfect for the summer season as well so I am being patient.

I started buying at about 11. I stopped at 24 or so. Then the run up and I bought on the way back down at 34. Sold a little at 28 and been buying again since the low 20's. I stopped again in Feb of this year.. Now just waiting. Honestly if there was a rebound today I probably would have bought a little but my gut says this is going lower. It is tempting though :).

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It could go lower, but at $17.50 oz purchase price, a return of 100 percent is only $35.00 oz. Not unreasonable and to be easily expected... ;D

I was in China last week on business and picked up a few 2015 silver pandas while I was there. Cost 200 Yuan, about $32USD. Overpriced for sure, but beautiful. They came with a display case which probably increased the price.

I decided if it hits 14 today or tomorrow then I will not pay my property taxes and buy more silver instead. If it doesnt then my larger purchase will have to wait until Aug.