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re: Buying silver online?
Posted on 11/26/12 at 10:31 am to drewnbrla
Posted on 11/26/12 at 10:31 am to drewnbrla
quote:
Metals are a storage of wealth in order to secure future buying power and to hedge against declining economic conditions both nationally and on the world stage. With the inevitable rise in inflation coming down the pipe, now is the time to get silver while its still reasonably priced.
What is your cut off price before you consider silver to be unreasonably priced? Mine is at about $55-60 an ounce.
2
Posted on 11/26/12 at 5:18 pm to goodgrin
quote:
What is your cut off price before you consider silver to be unreasonably priced? Mine is at about $55-60 an ounce.
It depends on your income and your tolerance level for price increases. But for me, my purchases won't stop as the market price increases but rather the amounts I'll purchase will scale back to whatever I can purchase with my budgeted spending allowance.
But to answer your question, $80-100. Even if it hits the high end of that range, I'll still acquire silver and fractional gold until I reach my monthly allowance.
This post was edited on 11/26/12 at 5:20 pm
Posted on 11/27/12 at 8:53 am to goodgrin
quote:
What is your cut off price before you consider silver to be unreasonably priced? Mine is at about $55-60 an ounce.
it also greatly depends on what's going on in the world... 100/oz may be cheap if we implode, etc
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