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Silver... Time to buy? #6280784
07/17/18 12:32 PM
07/17/18 12:32 PM
Joined: Mar 2013
Posts: 16,988
Fredonia, PA.
Finster Offline OP
trapper
Finster  Offline OP
trapper

Joined: Mar 2013
Posts: 16,988
Fredonia, PA.
Silver is under $16 spot. Time to buy some or do think it will get even lower. I've been waiting for under $10 but I just don't think it's going to get that low.


I BELIEVE IN MY GOD, MY COUNTRY AND IN MYSELF.
Re: Silver... Time to buy? [Re: Finster] #6280814
07/17/18 01:35 PM
07/17/18 01:35 PM
Joined: Aug 2011
Posts: 45,271
james bay frontierOnt.
B
Boco Offline
trapper
Boco  Offline
trapper
B

Joined: Aug 2011
Posts: 45,271
james bay frontierOnt.
Pot stocks is the next google or Microsoft.
10g now in the right company will make you a millionaire in a few years.

Last edited by Boco; 07/17/18 01:36 PM.

Forget that fear of gravity-get a little savagery in your life.
Re: Silver... Time to buy? [Re: Finster] #6280823
07/17/18 01:52 PM
07/17/18 01:52 PM
Joined: Sep 2011
Posts: 2,581
sometimes PA sometimes ME
E
ebsurveyor Offline
trapper
ebsurveyor  Offline
trapper
E

Joined: Sep 2011
Posts: 2,581
sometimes PA sometimes ME
there is never a time to buy silver. the only people making money on silver are the people selling it. four or five years ago someone on here (I think Phil Brown)said they were going to buy when silver got down to $16 per ounce. Hope no one has bought any in hopes of making a profit. Remember you must pay more than spot to get it in quantities.



BOCO might be right "dope" stock may get high.

Last edited by ebsurveyor; 07/17/18 01:53 PM.
Re: Silver... Time to buy? [Re: Finster] #6280827
07/17/18 01:59 PM
07/17/18 01:59 PM
Joined: Feb 2014
Posts: 507
Ky
W
WHSKR Offline
trapper
WHSKR  Offline
trapper
W

Joined: Feb 2014
Posts: 507
Ky
If you invest in silver you must have a very long time perspective and be prepared to tie your money up for very long periods and if/when silver makes another run you have to be willing to unload it. I am 52 and in my life time silver has only made a few really good runs.
You could plant pine trees from seedlings and have a faster return

Re: Silver... Time to buy? [Re: Finster] #6280848
07/17/18 02:28 PM
07/17/18 02:28 PM
Joined: Aug 2010
Posts: 10,787
Asheville, NC
C
charles Offline
trapper
charles  Offline
trapper
C

Joined: Aug 2010
Posts: 10,787
Asheville, NC
I think I bought two 100oz bars in the late 80s at $4 an ounce. That was where it fell to after a rediculus rise. Had two friends who bought five gallon buckets of English coins. Since buying the bars I have seen to go to $40/ounce and fall back to todays price.

Have two kids. Guess I will give then a bar each some day.

Re: Silver... Time to buy? [Re: Finster] #6280866
07/17/18 03:14 PM
07/17/18 03:14 PM
Joined: Dec 2006
Posts: 7,112
Three Lakes,WI 72
C
corky Offline
trapper
corky  Offline
trapper
C

Joined: Dec 2006
Posts: 7,112
Three Lakes,WI 72
I look at a modest outlay in silver as partial insurance against the Apocalypse. I don't consider it a viable investment.

Re: Silver... Time to buy? [Re: Finster] #6280886
07/17/18 04:03 PM
07/17/18 04:03 PM
Joined: May 2010
Posts: 10,421
mn north of blakely
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 10,421
mn north of blakely
Phys ical silver isn't an investment, it's an insurance policy.

If you want to invest in metals the paper market would be a better vehicle.



"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Silver... Time to buy? [Re: Finster] #6280900
07/17/18 04:28 PM
07/17/18 04:28 PM
Joined: Dec 2006
Posts: 20,966
St. Louis Co, Mo
B
BigBob Offline
trapper
BigBob  Offline
trapper
B

Joined: Dec 2006
Posts: 20,966
St. Louis Co, Mo
Buy Colloidal Silver, way things are going, might be useful someday


Every kid needs a Dog and a Curmudgeon.

Remember Bowe Bergdahl, the traitor.

Beware! Jill Pudlewski, Ron Oates and Keven Begesse are liars and thiefs!
Re: Silver... Time to buy? [Re: Finster] #6280919
07/17/18 05:07 PM
07/17/18 05:07 PM
Joined: May 2010
Posts: 276
IA
N
Nick C Offline
trapper
Nick C  Offline
trapper
N

Joined: May 2010
Posts: 276
IA
Crypto

Re: Silver... Time to buy? [Re: Nick C] #6280922
07/17/18 05:18 PM
07/17/18 05:18 PM
Joined: May 2010
Posts: 10,421
mn north of blakely
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 10,421
mn north of blakely
Originally Posted By: Nick C
Crypto


shocked


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Silver... Time to buy? [Re: Finster] #6281257
07/18/18 06:47 AM
07/18/18 06:47 AM
Joined: Jan 2007
Posts: 2,077
kansas
P
possum5676 Offline
trapper
possum5676  Offline
trapper
P

Joined: Jan 2007
Posts: 2,077
kansas
When silver is down it will never go up and when it is up it will never go down. The last time it was never going down some fellows on here were still buying it to get rich near the top. One fellow was buying on two day downs. It went right on down and down from there. I wonder just how many two day downs he managed to buy.


none
Re: Silver... Time to buy? [Re: Finster] #6281274
07/18/18 07:10 AM
07/18/18 07:10 AM
Joined: Mar 2012
Posts: 3,852
meadowview, Virginia
E
EdP Offline
trapper
EdP  Offline
trapper
E

Joined: Mar 2012
Posts: 3,852
meadowview, Virginia
When the folks selling silver are hiring actors to advertise their product on TV it's NOT a good time to buy. Other commercials tell you the price of silver is low (true) but is in great demand and soon will be worth much more. When ever is the price of a commodity "in great demand" low? Only when the supply is even greater than the demand is the price low. But hey, maybe you just can't resist getting one of those "full bags of silver."

Re: Silver... Time to buy? [Re: corky] #6281276
07/18/18 07:14 AM
07/18/18 07:14 AM
Joined: Jan 2014
Posts: 20,914
North East Kansas
Marty Offline
trapper
Marty  Offline
trapper

Joined: Jan 2014
Posts: 20,914
North East Kansas
Originally Posted By: corky
I look at a modest outlay in silver as partial insurance against the Apocalypse. I don't consider it a viable investment.


Concur.


E
'Honey Badger Militia'
Sleep, the anti woke adote.
Re: Silver... Time to buy? [Re: Steven 49er] #6281295
07/18/18 07:41 AM
07/18/18 07:41 AM
Joined: May 2010
Posts: 276
IA
N
Nick C Offline
trapper
Nick C  Offline
trapper
N

Joined: May 2010
Posts: 276
IA
Originally Posted By: Steven 49er
Originally Posted By: Nick C
Crypto


shocked


whistle whistle

Last edited by Nick C; 07/18/18 07:42 AM.
Re: Silver... Time to buy? [Re: Finster] #6281354
07/18/18 09:39 AM
07/18/18 09:39 AM
Joined: Dec 2010
Posts: 8,717
Nebraska, Dawson County
chas3457 Offline
trapper
chas3457  Offline
trapper

Joined: Dec 2010
Posts: 8,717
Nebraska, Dawson County
Much wiser to invest heavily in brass, copper, and lead, in various proportions and configurations.


Can be used, or re-sold at any time, and is the 'best insurance' against the "Apocalypse". whistle



grin Charlie


Old age and treachery will always overcome youth and enthusiasm.

NRA Life Member ~ GOA Member ~ NFOA Member ~ UNMLA Member
Re: Silver... Time to buy? [Re: chas3457] #6281357
07/18/18 09:44 AM
07/18/18 09:44 AM
Joined: Dec 2010
Posts: 34,761
Central, SD
Law Dog Offline
trapper
Law Dog  Offline
trapper

Joined: Dec 2010
Posts: 34,761
Central, SD
Originally Posted By: chas3457
Much wiser to invest heavily in brass, copper, and lead, in various proportions and configurations.


Can be used, or re-sold at any time, and is the 'best insurance' against the "Apocalypse". whistle



grin Charlie



Yep that combo will get you whatever you need in the hard times and let you keep what you already have! LOL


Was born in a Big City Will die in the Country OK with that!

Jerry Herbst
Re: Silver... Time to buy? [Re: Finster] #6281362
07/18/18 09:48 AM
07/18/18 09:48 AM
Joined: Jan 2007
Posts: 5,152
Northern Minnesota
BernieB. Offline
trapper
BernieB.  Offline
trapper

Joined: Jan 2007
Posts: 5,152
Northern Minnesota
Invest in phone booths, calendars, road atlases and floppy disks. Can't miss.

Re: Silver... Time to buy? [Re: Finster] #6281363
07/18/18 09:49 AM
07/18/18 09:49 AM
Joined: Mar 2013
Posts: 16,988
Fredonia, PA.
Finster Offline OP
trapper
Finster  Offline OP
trapper

Joined: Mar 2013
Posts: 16,988
Fredonia, PA.
I'm heavily invested in lead right now. About 150 grains at a time. grin


I BELIEVE IN MY GOD, MY COUNTRY AND IN MYSELF.
Re: Silver... Time to buy? [Re: Finster] #6281367
07/18/18 09:52 AM
07/18/18 09:52 AM
Joined: Dec 2010
Posts: 34,761
Central, SD
Law Dog Offline
trapper
Law Dog  Offline
trapper

Joined: Dec 2010
Posts: 34,761
Central, SD
Silver has a great fluctuation over time but it peaks it seems over long time periods! I remember getting trap shooting trophies (silver coins) back in the 2000s and thinking I had something for my $150 days expense then seeing the they were $5.40 an ounce back then.

Over the years it has been above $30 an ounce so if a guy bought it in quantity a good profit would be made. Seeing what a bank pays today in the long term silver could be a winner in the long run maybe.


Was born in a Big City Will die in the Country OK with that!

Jerry Herbst
Re: Silver... Time to buy? [Re: Finster] #6281371
07/18/18 09:56 AM
07/18/18 09:56 AM
Joined: Mar 2009
Posts: 1,422
Akron, Ohio
bass10 Offline
trapper
bass10  Offline
trapper

Joined: Mar 2009
Posts: 1,422
Akron, Ohio
I was told at an early age to always have some of your portfolio in precious metals, basically silver or gold. I bought shares in a gold mining company and
it pretty much stayed flat for about ten years. I sold and the company was sold later as I continued following it. I am not sure why advisors think or thought this but to me it seems you could make more in a savings account at 1% interest which we all know is a joke.


"The more people I meet the more I love my dog!"
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