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re: Precious metals market

Posted on 11/13/13 at 9:39 pm to
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 11/13/13 at 9:39 pm to
quote:

I am in a 'hold' position right now on silver


May I ask why?
Posted by Reubaltaich
A nation under duress
Member since Jun 2006
5054 posts
Posted on 11/14/13 at 5:24 am to
quote:

May I ask why?


I think silver is still way over priced, as of Nov 14, 2013, silver is around $20.50/oz.

Remember just a year or so, it was around $35/oz

I am thinking once silver gets to under $18-19, I will consider buying but I am really holding for when it goes to $17/oz. Its not a do or die situation for me, so no biggie.

I usually run accross some deals every now & then with some dimes, halfs & Morgans and Peace dollars. So I will take dive then.

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