Buying silver, where to start

Discussion in 'Financial Cents' started by rush81, Feb 3, 2010.


  1. VisuTrac

    VisuTrac Ваша мать носит военные ботинки Site Supporter+++

    Back to the buying silver thread:

    Silver slipped a bit on Thursday and took a header on to the concrete pool surround today. (Reference gold down 2.5 percent or 50 bucks an ounce. Silver down 5 percent or 1.15 per ounce off Thursday's price)

    And yes, i took full advantage of the 2.xx over spot deals on silver and discounts on gold as well.

    I think i bought as much today as i did last year.

    Buh-bye Christmas bonus .. hello shiny stuff
     
  2. Cruisin Sloth

    Cruisin Sloth Special & Slow

    Link PLZ the spot to buy .
    I need to help my Lady friends , im down her right now for another week ! 1 week into a month ,, Im in trouble at home !!

    Sloth

    PM is fine both ways taken !!
     
    Gator 45/70 likes this.
  3. mysterymet

    mysterymet Monkey+++

    Me too. I also jumped back in to buy. Now in the process of turning part of my 401k into one of those physical gold IRAs.
     
    techsar and Gator 45/70 like this.
  4. VisuTrac

    VisuTrac Ваша мать носит военные ботинки Site Supporter+++

    mysterymet and Gator 45/70 like this.
  5. Cruisin Sloth

    Cruisin Sloth Special & Slow

    Thank You Sir
    Now to see if the ladies bite in . Im in already .
     
  6. oil pan 4

    oil pan 4 Monkey+++

    I was expecting to post something like "yeah but that price still sucks", but it really doesn't.
    WTH happened it was about $30 an ounce delivered a week ago.
    Maybe it will drop more next week. I'm looking for about $26 delivered for a 100oz for bars or rounds.
    The price is so bad I bought 10 of those 5oz bars. I don't really want fives. They sell ok.
    It was about $27/oz total with NM sales tax.
    If the price drops to $26 delivered, with sales tax and they have 1oz coins or bars I'll order more another hundred or so.
     
    Last edited: Feb 5, 2023
    OzVegus and Gator 45/70 like this.
  7. oil pan 4

    oil pan 4 Monkey+++

    The price is back in that buy range. No one seems to be panicking as of this morning.
    A few years ago I was able to get panic sale 10oz poured bars for 44 cents an ounce over spot, during a down turn.
    It does happen, but it's rare.
    It was cheaper than shot.
     
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  8. VisuTrac

    VisuTrac Ваша мать носит военные ботинки Site Supporter+++

    I'm just sad that i don't have any more cash sitting around to buy more on my dollar cost averaging until the end of next month.
    I like to buy in 40 - 100 ounce buys to reduce the premium.
    I've done smaller quantities but that typically adds 50 cents to sometimes a buck more per ounce in premium vs larger quantity lower premium.
     
    techsar and Gator 45/70 like this.
  9. Wildbilly

    Wildbilly Monkey+++

    Silver is above $30 per ounce, but I'm still planning on adding some more to my hoard. I'd rather have it than not and I gotta stick with the buying schedule that I've established.
     
    VisuTrac and SB21 like this.
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