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SLV < $30

Posted on 12/20/12 at 2:11 pm
Posted by Catman88
Baton Rouge, LA
Member since Dec 2004
49125 posts
Posted on 12/20/12 at 2:11 pm
28.95 is this tempting anyone else?
Posted by LSU0358
Member since Jan 2005
8157 posts
Posted on 12/20/12 at 2:34 pm to
I'm a big time PM bull (bought gold on Tuesday and sold on Wednesday as I didn't like the action on the short term charts), but gold and silver both took a heavy hit this week. I'm waiting for a little upside before I get in.
Posted by ThatsAFactJack
East Coast
Member since Sep 2012
1609 posts
Posted on 12/20/12 at 2:56 pm to
Bought 8 rolls of Morgan/peace dollars from my LCS today. $24 a piece. I'll be buying more after Christmas.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26747 posts
Posted on 12/20/12 at 3:39 pm to
quote:

Bought 8 rolls of Morgan/peace dollars from my LCS today. $24 a piece. I'll be buying more after Christmas.


Where did you get that price? I can't find anything close to that on eBay.

Care to put me in contact with them?
Posted by drewnbrla
The Pool is closed.
Member since Mar 2011
7839 posts
Posted on 12/20/12 at 6:33 pm to
quote:

28.95 is this tempting anyone else?


I jumped at $29.80 and bought 5 1oz Silver Buffalo Indian rounds today (Same design as the $50 gold U.S. buffalo indian rounds). Felt great getting some silver under $30. If it wasn't christmas time, I would have gotten 25-30 ounces. The $29.xx ask prices today made me fell somewhat better about missing out when the ask price hit the $26 range in mid/late June 2012.
This post was edited on 12/20/12 at 6:36 pm
Posted by GenesChin
The Promise Land
Member since Feb 2012
37855 posts
Posted on 12/20/12 at 6:53 pm to
Where do ya'll thnk SLV will end up? I've felt like inflation is going to shoot through the roof so I figure silver will be pretty high
Posted by ThatsAFactJack
East Coast
Member since Sep 2012
1609 posts
Posted on 12/21/12 at 8:54 am to
quote:

LSUtoOmaha
quote:

Where did you get that price? I can't find anything close to that on eBay.

Care to put me in contact with them?


It's my local shop in Lafayette. I have been buying from him for over 10 years so he cuts me some serious deals when I buy in bulk. Highly unlikey he would give you the same deal. I think for the average customer they are about $28 a piece. Shoot me an email if you want more information.

coincollections@hotmail.com
Posted by goodgrin
Atlanta, GA
Member since Nov 2003
7043 posts
Posted on 12/21/12 at 11:24 am to
quote:

is this tempting anyone else?



SLV? God no.

Physical silver? Hell yes.

I bought another 300 ounces of 10oz. generic silver bars this morning from www.gainesvillecoins.com. Lowest premiums per ounce other than "junk silver" dimes and quarters. On their website, there's a note that states that the metal will begin shipping 1/09/13 or until the metals are available. Physical supplies are tight.
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