Is Silver next?

[DoggyDaddy]

Picked up another one of these when silver hit $22.68 this morning.

https://monumentmetals.com/mintid-10-oz-silver-bar.html

 

[buckwacker]

Ok, which one of you made a big purchase a day or two ago?

 

[snorko]

I'm kicking myself. I saw the dip around 8:30 and looked online. Provident had what they were calling "Vintage" 10oz bars for $240.80 each. I loaded some in my cart then looked at some other stuff to see if anything else appealed. By the time I went to check out the vintage bars were sold out.

 

[DoggyDaddy]

Ok, which one of you made a big purchase a day or two ago?

Once again I jumped too soon this morning. Down to 22.38 now.

 

[teddy12b]

I don't know how many of you are stacking silver because you're motivated about a failing US dollar, but you may want to take a look around for what the Saudi's are saying about getting away from the petro dollar. If that happens and become official, I'll be jumping on the band wagon in a major way.

 

[nonobaddog]

I don't know how many of you are stacking silver because you're motivated about a failing US dollar, but you may want to take a look around for what the Saudi's are saying about getting away from the petro dollar. If that happens and become official, I'll be jumping on the band wagon in a major way.

The saudis have been threatening the petrodollar for at least five years - do you think it is getting real now?

 

[2in1evtime]

Waiting for the big drop, then i will buy more!!!!

 

[ancjr]

Volatility is the new normal.

 

[snorko]

I did my part, snagged a couple of the Nadir 10oz bars with spot at $22.40.

 

[dieselrealtor]

Ok, which one of you made a big purchase a day or two ago?

It was me, yesterday

 

[ancjr]

I reckon you could blame it on the jobs report...

 

[buckwacker]

It was me, yesterday

Must have been a few hundred ounces yesterday morning to cause a move lower of that magnitude.

 

[dieselrealtor]

lol, not that big but big enough to sting a little.

Trying to look at the bright side, now is a buying opportunity

 

[ancjr]

The ding on commodities may last into Monday...

 

[snorko]

lol, not that big but big enough to sting a little.

Trying to look at the bright side, now is a buying opportunity

I went to a local shop Thursday when gold had dropped from +/-$1,950 to around $1,915. Picked up a 1/4oz Eagle. Thought I di ok till this morning.

 

[Mij]

I reckon you could blame it on the jobs report...

Yep.

Must have been a few hundred ounces yesterday morning to cause a move lower of that magnitude.

Try tens of thousands, paper silver, contracts.

Once again I jumped too soon this morning. Down to 22.38 now.

Keep your powder dry for after the State of the Union speech.

My uneducated opinion, ratio ~ 80:1 till gold hits 4000.00 oz. that’s a couple of years.

Then the bottom drops out of metal due to economic reset. Dollar will be worthless, It will be a doozy.

But then only metal will have any value, what that will be is undetermined. JMO

Post Script.
Watch the overnights, China will/is doing everything it can to hurt the US markets, make a good relationship with an honest broker.

 

[ancjr]

Platinum was just starting to get a foothold...

 

[buckwacker]

Try tens of thousands, paper silver, contracts.

I was just referring to the running joke in this thread about dives in spot price right after someone in the thread makes a purchase.

 

[hANNAbONE]

I have had very good luck with Silver.com & BGASC.com

None of you guys buy from them??

I've researched a lot of silver retailers and they seem to be the best - Am I wrong..?

Thanks for your replies....

 

[indyblue]

Not silver, but checking out those two sites I found this interesting.

1 oz Copper Constitutional Open Carry Ohio Rounds (New)
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