Is Silver next?

[teddy12b]

Well don't look at me. I didn't buy any recently. If I had it'd probably be worth half whatever I paid for mine. All kidding aside I'm shocked and amazed that Silver isn't up there with gold for as many nations are getting away from the US Dollar.

 

[SmolderOutdoors]

Silver down today. I bought eight 1 oz. rounds from Monument, but I jumped a little early.

View attachment 281381

I jumped early and got some maples last weekend on a sale. It’s still trending down. If it keeps going down like this I may have to get another order in.

 

[snorko]

I finally broke down and ordered a few Philharmonics very late last night. Spot per Monument was $23.17 then and $22.72 now. I am not going to stress. Buying exactly at the bottom is difficult at best. Buying within the bottom V of the dip is fine with me.

 

[snorko]

I jumped early and got some maples last weekend on a sale. It’s still trending down. If it keeps going down like this I may have to get another order in.

That's the spirit!

 

[SmolderOutdoors]

I finally broke down and ordered a few Philharmonics very late last night. Spot per Monument was $23.17 then and $22.72 now. I am not going to stress. Buying exactly at the bottom is difficult at best. Buying within the bottom V of the dip is fine with me.

Phils were on sale on top of spot dropping a dollar from the weekend. Still a good buy for you imo. I got some on order last week during that dip. I’m looking at possibly pulling the trigger on a tube of buffalos if it keeps dropping. 22.70 spot now on monument with buffs on sale.

 

[ditcherman]

Dang it. I picked up a 10 oz. silver bar from Monument yesterday. Obviously I jumped a day early.

View attachment 282553

If you knock yourself out chasing the very bottom or top all you’ll end up with is a bruised head.

Just my experience in commodities.

 

[DoggyDaddy]

If you knock yourself out chasing the very bottom or top all you’ll end up with is a bruised head.

Just my experience in commodities.

That's true. Still there's a bit of a thrill when you time it just right.

 

[dieselrealtor]

Where are others here buying?

I have been buying from Monument & SD Bullion, watching Privident however their "recognized" spot price is always higher than the other 2 & their premiums are not as competitive.

 

[blain]

Have you ever visited Midwest Jewelry & Coin Exchange?

 

[DoggyDaddy]

Where are others here buying?

I have been buying from Monument & SD Bullion, watching Privident however their "recognized" spot price is always higher than the other 2 & their premiums are not as competitive.

I pretty much stick to Monument myself.

 

[dieselrealtor]

Have you ever visited Midwest Jewelry & Coin Exchange?

I have not, in Greenwood occasionally though. Will have to pay them a visit, thanks.

 

[SmolderOutdoors]

Where are others here buying?

I have been buying from Monument & SD Bullion, watching Privident however their "recognized" spot price is always higher than the other 2 & their premiums are not as competitive.

Same. Monument and sdbullion are my go to places. They seem to always have the best overall deals spot/premium sales.

Others I watch are herobullion, provident, silvergoldbull, libertycoin etc. but the top 2 seem to always be monument and sd.

I’d love to support local small business but when it’s 2-3$ higher per round here vs online and this is ultimately an investment/hedge getting the best price typically wins out and I order online.

 

[dieselrealtor]

$22.39

 

[Mij]

As long as the dollar stays strong and keeps getting stronger metals will drop. But we all know that will not remain so forever. Remember the FRN is a ponzi scheme. JMO.

 

[dieselrealtor]

Bought a tube of Buffalos, $504.20

 

[SmolderOutdoors]

Bought a tube of Buffalos, $504.20

A tube of buffalos is in my cart. I’m still watching it’s starting to trend up but I’m still banking that we haven’t seen the last dip today.

Ps great buy!

 

[SmolderOutdoors]

Bought a tube of Buffalos, $504.20

Ok I watched enough today. Missed the low spot at 22.24 but pulled the trigger at 22.30.
$501 for a tube of buffalos.

 

[rosejm]

There was a time I hesitated on purchases while watching spot prices fluctuate...

Then I realized that any serious movement in spot price was usually accompanied by "adjustments" in the premiums. Even during wild daily swings, the differential in price was less than any shipping costs.

If it's your time to buy, just do it. $5 is five bucks, but focus on the forest not the trees.

 

[MindfulMan]

Ok I watched enough today. Missed the low spot at 22.24 but pulled the trigger at 22.30.
$501 for a tube of buffalos.

Me too ! Thanks, Ag and Au people .... I've become a mini-investor too !

 

[SmolderOutdoors]

There was a time I hesitated on purchases while watching spot prices fluctuate...

Then I realized that any serious movement in spot price was usually accompanied by "adjustments" in the premiums. Even during wild daily swings, the differential in price was less than any shipping costs.

If it's your time to buy, just do it. $5 is five bucks, but focus on the forest not the trees.

I whole heartedly agree with you on when it’s your time to buy then buy. The cost averages out over time. It feels good when the premium is on sale and spot starts dropping though! As for shipping- the places I’m ordering from ship free on orders over $200 which I would highly recommend doing otherwise shipping eats into the value.

Right now I’m off work with a broken leg so chasing spot for deals has given me a bit of entertainment and something fun to do while I’m sitting at home.