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re: Precious metals market

Posted on 11/14/13 at 5:24 am to
Posted by Reubaltaich
A nation under duress
Member since Jun 2006
4991 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.

Posted by Crawdaddy
Slidell. The jewel of Louisiana
Member since Sep 2006
18458 posts
Posted on 11/14/13 at 1:33 pm to
Silver at $20 is not a bad buy. Lowest it has been for some time. Yes It USED to be lower but so was everything else in life.
Christmas has my money tied up right now but soon after I will be buying a little more Silver to add to the stack

I always wanted to try the ole coin hunting from my credit union. Buying a box of $500 Halfs and sorting through them sounds fun. I always check my quarters when I get change. Old habit.
My wedding ring I made out if a silver quarter.
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