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Message Subject SUN JAN 23 - MON JAN 24 === GOLD AND SILVER STARTING THE WEEK OPENING UP For a change.
Poster Handle Anonymous Coward
Post Content
I was hoping it would go down more... I want to buy more
 Quoting: Anonymous Coward 1175832

I have been hoping for $23 silver this winter. I am waiting patiently to buy. I have been very undisciplined in the past, buying when it was on an upswing. I really think it is going to drop several dollars over a few week period very shortly. I have about $1500 to invest and this will be the last time I will buy for awhile.
 Quoting: Anonymous Coward 1079553


I am afraid that you could be right. This could very well be the last time that any of us have to buy at such low levels. However, a lower spot price doesn't necessarily mean a lower purchase price for us to buy.

With demand increasing exponentially everyday, it could be as soon as Thursday (after expiry) when the suppressed price begins to automatically correct itself with the real price.

The real price is showing its ugly head on e-bay and with lots of the silver dealers online, who are charging ever increasing premiums on what little supply they have.
 Quoting: Cool Music Guy

I may check with my local dealer tomorrow. I bought a few weeks before Christmas (for gifts) at $30 for 1oz rounds. The spot price then was $27+. He had normally been about %4 over spot, so I wonder if he is going to keep his prices at $30 and above as the spot prices drop below $27.
 
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