Silver! Who Is On This Train?

Shit I feel like a Conductor on the Silver Bullet,,,,,,,

Buy ins on physical bullion over the years,,,,,

$3.78
$5.23
$7.77
$8.45
$11.70
$14.75
,,,,,,,,,,,,,,,,,,,,,,,

Last buy in was at $32.25

Might grab some more at 51.50 and hold from there.

I'm gonna see $75 an ounce in my lifetime or better.

wow...shot up at $49...that's like a $3 jump within 24 hours...

Its whipsawing right now, options expiration. . Kind of had a 2 fold thing happen, options expired at about the same time as it hit all time new high overseas and you had a bunch of profit takers.

Buy it under $50.00

If the price drops to $30.00 an oz, double up and cost average down that higher priced silver.

Up's and down's. Buy the dips and sell the highs guys.

Silver under $50.00 is a bargain. Inexpensive to get into. A great learning tool. The bulk of my buy in's were under $17.00

Friend's all said poo poo.

And I've quit preaching to em.

Remember to take some profit out once you hit your numbers. Roll that profit into Gold at any price and hold it. I've bought Gold at under $300.00 an oz and up to $900.00 an oz, look at it today. And I believe I will see $2,500.00 an oz in my lifetime or better. Silver? My eyes set on $75.00, some out there that are smarter than me say $150.00 an oz.

What the hell, all of us in here knows that money grows on trees. Right?


Good planning and lil' bit of luck,,,,,,,,,,,,

Hope y'all hit it.

bb57

Lovin that all time high on gold.
$20 + up in a day.

Buy that silver before she goes over $50.
It'll be a ride.

Still sitting on mine,,,enjoing the Ride,,,But the prices IMO are to high to buy unless you get a great deal from uniformed coin holder's or crack heads. lol.

NoDrama said:

Anyone invest in silver? Thoughts, rants?

Personally I have done pretty well since buying a physical position in Sept of 2008, anyone else a silver bug?

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I was when I was making money..... I bought lots of junk silver at about 10 buck an ounce. If I had extra money lying around I would have the bug again. I do buy sterling when it is been liquidated at stores. I have found 2 ounce (the good silver) necklaces for 5 buck. I bought the whole rack. LOL

PeachOibleBoiblePeach#1 said:

Still sitting on mine,,,enjoing the Ride,,,But the prices IMO are to high to buy unless you get a great deal from uniformed coin holder's or crack heads. lol.

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There are those out there.

I've bought from the same guys since the 70's. Been in the back room of their store and have been able to pick up some really nice silver and gold pieces with little or no premium over spot.

But again, bullion is my preferred purchase.

Important to get started at any price and learn a lil about the markets.

Do well and prosper.

Bernanke gave his speech and silver went up 3 dollars in 3 hours. LOL No QE3, but interest rates are to remain super low, which means gold and silver are going to still go up.

I hope you guys bought the dip. 49.03 on kitco
Gold 1533.09!!!!!!!!!!!

It breaks 50, you'd better be strapped in and ready for a ride.

look at the last 7-8 years that silver has gained almost 10-fold... this train left the station a looong time ago. unless you got some SERIOUS dough to throw at silver, you've already missed this trend

budsmoker87 said:

look at the last 7-8 years that silver has gained almost 10-fold... this train left the station a looong time ago. unless you got some SERIOUS dough to throw at silver, you've already missed this trend

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You haven't missed anything, lots of room left for making profit.

nodrama i tend to agree with you on almost everything...not in this case though. what makes you so sure there'll be such a strong buyers market when silver hits $75...or even $100, an ounce?

budsmoker87 said:

nodrama i tend to agree with you on almost everything...not in this case though. what makes you so sure there'll be such a strong buyers market when silver hits $75...or even $100, an ounce?

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What else will they do? they have to buy. Industry needs silver and now that the investment has turned profits the demand for bullion will increase exponentally as the price rises and it makes news and more people want bullion. The costs of mining and refining are forever increasing for many different reasons and their in a finite amount of silver and it is actually consumed. What other thing costs less today than it did in 1979? Silver is a great buy.

i don't think wide-scale industrial manufacturers of electronics and such will come knocking on your door offering bids for your bullion so that they can melt it and use it for industrial application lol...sorry beardo, that shit made me laugh

budsmoker87 said:

i don't think wide-scale industrial manufacturers of electronics and such will come knocking on your door offering bids for your bullion so that they can melt it and use it for industrial application lol...sorry beardo, that shit made me laugh

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They do every other year, I don't see why this one would be any different.
A good amount of the worlds silver supply comes from scrap silver and recovered silver, the existing above ground supply. They are unable to mine enough each year to cover demand so they put ads on T.V. and in news papers to sell your silver and they buy it from pawn shops and this has been going on for years and that is how it is today, and that's been with very little investment demand for silver bullion, I would expect many new investors just bu looking at how the price has risen and any investment demand will further increase the price and leave industry paying more for their silver.

*shrugs*


...if you say so...


i'm just saying...unless you want to throw $5k MINIMUM at silver right now, don't even bother. the shares are getting high and the precious physical silver market is like gold- you find good deals & bad deals, crooks in every trade...some will charge hefty premiums, others will give bulk discounts w/lower premiums....some will try to rip you off when they buy back, offering you under spot price. I've seen it all happen in this trade. you really never know what the buyers market will be like, but yes i've read all the same about silvers practical industrial uses. Always wanted to try colloidal silver.

somebody posted a thread in this section on lithium, that was interesting...any developments in that technology?

I'm still holding silver...glad to see it rising. every now and then i need to "liquidate" some funds and chase the commodities game. You know- personal investments that'll return future profit. so long as these twisters keep devastating the southern regions, we can bank on the produce from that area rising significantly. That is sheer devastation in Alabama & all over


shit i'm stoned


*shrugs*


couldn't imagine a tornado spinning around my house. thank god for NE

They were Bad storm's no Doubt,,,But NE is fucking so cold,,,sorry of topic.

Silver is meant to be bought and sold and it's almost at a record high,,,You gotta figure the bottom will drop sooner or later as in the past?