Good time to buy gold?
03-19-2013, 02:52 PM
#2
2 weeks ago would have been better 
03-23-2013, 05:20 AM
#3
Buy low sell high. You missed this boat by 20 years. Find another investment, unless you're low-balling people with jewelry for some cash. With 5,000 posts the first thing you should be buying is an s2ki membership. Cheapo the clown
04-20-2013, 11:39 AM
#5
I sure hope it doesn't go as low as $800. If it does, I will be buying!
04-25-2013, 10:56 PM
#6
The only problem with waiting until paper prices reach $800 is that there won't be any physical at that point. Thinking the cronies were suppressing the prices in the hopes that the weak hands would sell off the metals, but had the exact opposite effect and supplies are dwindling fast. Even major dealers like APMEX who charge higher premiums are running low, silver eagles all out, 1/10 gold eagles all out. COMEX, JP running dangerously low. Also, the cost of mining is starting to exceed the spot prices, hence some of them closing up shop, exacerbating the shortages even further. This is just a disaster waiting to happen when the world wakes up to discover that the emperor has no clothes. I'm sure the paper/physical prices will decouple soon enough and have a feeling it will go to the moon, which is why I don't really care about the spot price and when it does go lower, it's just a bonus. I would keep stacking IMO, physical delivery only, no contracts.
04-26-2013, 11:02 AM
#7
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The only problem with waiting until paper prices reach $800 is that there won't be any physical at that point. Thinking the cronies were suppressing the prices in the hopes that the weak hands would sell off the metals, but had the exact opposite effect and supplies are dwindling fast. Even major dealers like APMEX who charge higher premiums are running low, silver eagles all out, 1/10 gold eagles all out. COMEX, JP running dangerously low. Also, the cost of mining is starting to exceed the spot prices, hence some of them closing up shop, exacerbating the shortages even further. This is just a disaster waiting to happen when the world wakes up to discover that the emperor has no clothes. I'm sure the paper/physical prices will decouple soon enough and have a feeling it will go to the moon, which is why I don't really care about the spot price and when it does go lower, it's just a bonus. I would keep stacking IMO, physical delivery only, no contracts.
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04-27-2013, 06:14 PM
#8
Originally Posted by s2kdriver80' timestamp='1366959366' post='22500664
The only problem with waiting until paper prices reach $800 is that there won't be any physical at that point. Thinking the cronies were suppressing the prices in the hopes that the weak hands would sell off the metals, but had the exact opposite effect and supplies are dwindling fast. Even major dealers like APMEX who charge higher premiums are running low, silver eagles all out, 1/10 gold eagles all out. COMEX, JP running dangerously low. Also, the cost of mining is starting to exceed the spot prices, hence some of them closing up shop, exacerbating the shortages even further. This is just a disaster waiting to happen when the world wakes up to discover that the emperor has no clothes. I'm sure the paper/physical prices will decouple soon enough and have a feeling it will go to the moon, which is why I don't really care about the spot price and when it does go lower, it's just a bonus. I would keep stacking IMO, physical delivery only, no contracts.
http://www.zerohedge.com/news/2013-0...bullion-dealer
05-03-2013, 08:36 AM
#10
You guys have any suggestions on best places to buy PM's? I have been using APMEX, but their premiums, as you mentioned, are high. A friend of mine north of the border is able to buy at a local shop and pays much smaller premiums than I do. I don't know of a local place I can go to buy.