In order to participate in the GunBroker Member forums, you must be logged in with your GunBroker.com account. Click the sign-in button at the top right of the forums page to get connected.

Silver @ 14.93 !

RadarRadar Member Posts: 2,312 ✭✭✭
edited July 2015 in General Discussion
How low will it go ?
· Share on FacebookShare on Twitter

Comments

  • mogley98mogley98 Member Posts: 18,291 ✭✭✭✭
    edited November -1
    i would like to see it at 5 I would move every other dime I have in at the level!
    Why don't we go to school and work on the weekends and take the week off!
    · Share on FacebookShare on Twitter
  • onepopperonepopper Member Posts: 1,825 ✭✭✭✭✭
    edited November -1
    I don't believe this down turn is going to last long. Silver is rapidly being removed from the market. Supplies cannot keep up with demand. Cost of mining is about $16 an ounce. The big issue is the short selling without delivery. The con artists are selling silver that isn't even mined yet. Silver blast off is just around the corner. I say before the end of 2015.
    · Share on FacebookShare on Twitter
  • andrewsw16andrewsw16 Member Posts: 10,728 ✭✭✭
    edited November -1
    I don't think I would trust paper silver anymore. I want those bars or coins right in my hot little hands. If I shop locally at some of the gold/silver/coin shops I can take physical possession right at the time of sale. I've bought silver on paper before and never was really comfortable with the risk that the paper was actually worth anything and whether or not the company at the other end of the line wouldn't just fold up and disappear suddenly. Possession is 10 tenths for me now. [:D]
    · Share on FacebookShare on Twitter
  • mango tangomango tango Member Posts: 3,833 ✭✭
    edited November -1
    A good friend of mine is heavy into silver, and his group is predicting $12.50 - $13.00 for a low.
    I buy a little every month, dollar cost averaging!
    · Share on FacebookShare on Twitter
  • wpagewpage Member Posts: 10,201 ✭✭✭
    edited November -1
    A great time to buy...
    · Share on FacebookShare on Twitter
  • bpostbpost Member Posts: 32,669 ✭✭✭✭
    edited November -1
    I've been buying 10 oz per month. Just started but price is not the consideration now accumulation is. Slow and steady purchases, I hope it goes lower maybe I can increase the amount being bought.
    · Share on FacebookShare on Twitter
  • Missouri Mule K30Missouri Mule K30 Member Posts: 2,092 ✭✭
    edited November -1
    Buy at 12.00[;)]
    · Share on FacebookShare on Twitter
  • kannoneerkannoneer Member Posts: 3,402 ✭✭✭✭
    edited November -1
    I am waiting for $10, then I am in for several ounces.
    · Share on FacebookShare on Twitter
  • allen griggsallen griggs Member Posts: 35,690 ✭✭✭✭
    edited November -1
    I want a $10 silver Maple Leaf, and a $1,000 Krugerrand, then I will buy, buy, buy!
    · Share on FacebookShare on Twitter
  • skicatskicat Member Posts: 14,431 ✭
    edited November -1
    If it gets to the low prices some of you are waiting for, picture how easy it was to find .22LR lately. If we see only a couple of percent increase in silver buyers, it won't matter it is a low price because you won't find any at that price.

    When the music stops, someone will not get a chair.
    · Share on FacebookShare on Twitter
  • mango tangomango tango Member Posts: 3,833 ✭✭
    edited November -1
    quote:Originally posted by kannoneer
    I am waiting for $10, then I am in for several ounces.


    If it goes to $10, I'd buy 500oz!
    · Share on FacebookShare on Twitter
  • Ditch-RunnerDitch-Runner Member Posts: 25,366 ✭✭✭✭
    edited November -1
    where is the best place to buy at a price it will not take 5 years or a major jump to just get back even with the purchase price I would pay ( dealer mark up is what I am asking I guess )
    if it 15.00 a oz market and the dealers want 20 + not much of a deal
    · Share on FacebookShare on Twitter
  • skicatskicat Member Posts: 14,431 ✭
    edited November -1
    quote:Originally posted by Ditch-Runner
    where is the best place to buy at a price it will not take 5 years or a major jump to just get back even with the purchase price I would pay ( dealer mark up is what I am asking I guess )
    if it 15.00 a oz market and the dealers want 20 + not much of a deal



    This is a quick guide to the competitive pricing between the largest sellers online.

    https://comparesilverprices.com

    depending on what you want, the price can be as little as 69 cents over spot. Also remember the spot price is only a benchmark derived from the selling of paper contracts for larger amounts of silver. You are buying it retail, so expect to pay some premium to the seller.

    Buying privately, I behave as though I am the retailer and then you can offer less than spot. Then the margin is in your favor.
    · Share on FacebookShare on Twitter
  • Don McManusDon McManus Member Posts: 23,690 ✭✭✭✭
    edited November -1
    quote:Originally posted by Ditch-Runner
    where is the best place to buy at a price it will not take 5 years or a major jump to just get back even with the purchase price I would pay ( dealer mark up is what I am asking I guess )
    if it 15.00 a oz market and the dealers want 20 + not much of a deal



    Check out JM Bullion as an example.

    Silver bars, 10 oz or 100 oz at between 0.60 and 0.70 per ounce over spot. This price includes shipping to your house.
    Freedom and a submissive populace cannot co-exist.

    Brad Steele
    · Share on FacebookShare on Twitter
  • Ditch-RunnerDitch-Runner Member Posts: 25,366 ✭✭✭✭
    edited November -1
    thanks every one who replied
    I will check it out

    quote:Originally posted by Don McManus
    quote:Originally posted by Ditch-Runner
    where is the best place to buy at a price it will not take 5 years or a major jump to just get back even with the purchase price I would pay ( dealer mark up is what I am asking I guess )
    if it 15.00 a oz market and the dealers want 20 + not much of a deal



    Check out JM Bullion as an example.

    Silver bars, 10 oz or 100 oz at between 0.60 and 0.70 per ounce over spot. This price includes shipping to your house.
    · Share on FacebookShare on Twitter
Sign In or Register to comment.