Silver getting pounded

[namster]

So are we headed back to $27?...or perhaps lower?

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[Marchas45]

Heck if you’re using the word pounded what are you going to use for the other metals? Silver is doing pretty good right now against the other top 3. As Jim say's when it goes down it's an opportunity to buy more. I see it stabilizing pretty soon and start going up again. Just my opinion as I'm a silver lover.

[jim4silver]

Looks like the PGMs (platinum, palladium, etc) are getting hit the hardest. I won't be able to buy anymore silver until later in the week so I hope it keeps dropping.

Jim

[Bigheed]

ya i missed the last dip on a business trip, I wouldn't mind a little sub 30 buying opportunity either!

Bigheed

[SilverFace]

If prices get back to the recent lows of $27 or even lower than that I may consider buying some bullion for the first time in a while insteed of just getting all my silver @ face.

But silver is still at about $33 oz right now so there is still a little way to go before prices get that low.

Btw, good to see you posting again Bh!

[NHBandit]

So are we headed back to $27?...or perhaps lower?

Personally I hope it is. I'm a coin collector, not a bullion investor, and the rollercoaster ride silver is taking makes it extremely hard to add to my collection. Mainly the more common dates are affected but when the melt value is the basis for the selling prices instead of mintage numbers it messes with my whole plan. Mainly due to all the craziness I find myself working mostly on my Indian cent & large cent collections.

[jim4silver]

Anyone buying any more? I believe we may hit 30 this week, but I don't think we will go much below that. If it does I don't mind since I hope to be able to keep buying for a while longer.

Jim

[usandthem]

I buy whenever I have the cash. I've been buying silver for half price for several months now. Saturday I bought a slabbed '93 and '94 Silver Eagle in MS69 for $42. For the pair that is.

[Marchas45]

Anyone buying any more? I believe we may hit 30 this week, but I don't think we will go much below that. If it does I don't mind since I hope to be able to keep buying for a while longer.

Jim

Hi! Jim picked me up 3 lots for a total of 31 AE's for $32.00 a piece at an auction on Saturday and that included my buyers fee and taxes so if I hadn't paid those items then where probably talking $30.00 a piece. Silver is gonna be heading up I feel it. Stack Now.

[jim4silver]

Anyone buying any more? I believe we may hit 30 this week, but I don't think we will go much below that. If it does I don't mind since I hope to be able to keep buying for a while longer.

Jim

Hi! Jim picked me up 3 lots for a total of 31 AE's for $32.00 a piece at an auction on Saturday and that included my buyers fee and taxes so if I hadn't paid those items then where probably talking $30.00 a piece. Silver is gonna be heading up I feel it. Stack Now.

That is a good buy Charlie. Can't go wrong with cheap ASEs.

Jim

[Marchas45]

That is a good buy Charlie. Can't go wrong with cheap ASEs.

Jim

I'm Back. just wanted to be the first to post.