I buy and silver goes down. Sound Familiar?

[crazy hippo]

I  buy and silver goes down.

 

I got a kilo at 11.53 and looking at it now its 11.37.

 

I know its chump change compare to the guys that picked up at 15+ and took great hits.

 

but post your sob stories here.

 

Any advice from the more experienced stackers to test the lows. best time of day to buy.... ANY advice to stop this happening?

 

 

[craig12]

how do you call the bottom, much like shares im shortly going to buy some Tesco shares now @ £2.25  bet ya bottom dollar when I buy em they,ll go to £2.10

[Shamatti]

Dude you have no idea!!!

 

I started to buy in 2012. £21 to £22 per ounce spot!!!  Check out how prices have fallen since then!!! A few pence up or down here or there is nothing, you could gain it all back next week.

 

In the long run we will all make money of this. Don't sweat the little changes!

[Pete]

Welcome to stacking.

This is par for the course.

[Kman]

Unless you're finished stacking then you should love it every time the price goes down? (and stays down) 

[simon13]

For the time you spend worrying about a couple of pence in spot, you would have been significantly better off doing over time at work and ordering silver blind.

Sent from my iPhone using Tapatalk

[ukstack]

spot price only really matter if your actually scrapping your stuff today 

 

If your buying silver you always pay a premium even on maples they are £2-3 over spot each without vat then postage on top so maby £4 over spot 

 

lunar stuff is nearly £6-9 over spot if u buy in bulk u get a bit off but still alot over spot 

 

i just got 40 uk lunar horses at £18 each inc delivery ect which is £6-7 over spot each !! so if silver goes back to 15-20 per oz ill be ok if there is a demand for these coins over the years ill be ok maby in 20-30 silver will be a bit higher than £30 a oz and i would of doubled my money 

 

just better buying some premium coins as well as bullion grade always fun to look at and hold and keep and eye on the market :] 

[Kman]

spot price only really matter if your actually scrapping your stuff today 

 

For me this is why I think you should only put a small % of your savings into PM's

 

When you finally cash out it should be because you want to, not because you have to

[ukstack]

For me this is why I think you should only put a small % of your savings into PM's

 

When you finally cash out it should be because you want to, not because you have to

Pretty much agree I think we all have different thought on when we would sell and why ect 

 

For me its more of a retirement thing in 20-30 years it would be ace to have 1000oz of silver and some gold to be able to sell to pass down keep hold of make like a bit more comfortable so todays prices are really cheap imo :]  

[Kman]

Pretty much agree I think we all have different thought on when we would sell and why ect 

 

For me its more of a retirement thing in 20-30 years it would be ace to have 1000oz of silver and some gold to be able to sell to pass down keep hold of make like a bit more comfortable so todays prices are really cheap imo :]  

 

Cycles though isn't it

 

Maybe Silver will hit it's peak in the next 10 years and that will be the time to sell

 

Or perhaps cycles are out the window with industrial use and it will just increase in value hmm

[ukstack]

Cycles though isn't it

 

Maybe Silver will hit it's peak in the next 10 years and that will be the time to sell

 

Or perhaps cycles are out the window with industrial use and it will just increase in value hmm

Lets say you had 1000oz and silver hit £30 an oz one day in the next 20 years and buy selling maby 800oz = youd get 24k and you could pay the mortgage off  i would and id be left with 200oz to hold onto which is basically free silver you can hold onto sell when u need 

 

Its all about personal aim in live i suppose :]

[craig12]

got to say im the other way , if you have a constant eye on spot price , yes you know your paying a premium plus vat if silver  or not if gold

but by checking spot  the sites that are live pricing , you can buy lower if a dealers price is in line with spot falling ,

that's why I follow spot 

[ukstack]

got to say im the other way , if you have a constant eye on spot price , yes you know your paying a premium plus vat if silver  or not if gold

but by checking spot  the sites that are live pricing , you can buy lower if a dealers price is in line with spot falling ,

that's why I follow spot 

Ya it always helps i think this week has been a good time to buy spot has been down to 11.18 today thing is we all have to have cash on the hip ready to splash soon as a dip hits i got a set limit i only really bought these lunars as they will be gone buy the end of the year and hard to find so in situations like this u cant really wait for the spot price to much as they will be sold out or before you know it 

 

over 40 premium coins i saved £25 waiting 2 weeks later but i was watching the quantity on a daily basis was 150 in stock a week ago sold out today so i had to order to get the coins i wanted before they where gone at that price

[Stretch]

Yeah as long as your buying for the right reasons ie long-term it doesn't really matter. It's still part of the fun trying to catch dips and studying all the traders advice though.

I do have a one ounce bar I brought a year a go. My first pm purchase, £862 I paid for it. Ever since then spots never been that high and that one ounce bar has caused me pain when my other ounces were all brought for between £756 and £811 mark.

[crazy hippo]

thanks for the words guys, i appreciate them

[craig12]

so to summarise tonights events, if we get a no vote will pms move and by how much

                                                      if we get a yes vote will pm,s move and by how much

[Danny-boy]

so to summarise tonights events, if we get a no vote will pms move and by how much

if we get a yes vote will pm,s move and by how much

Nobody knows.

[craig12]

ok im saying its going to be no anybody going the other way

[Ares]

It's all conjecture on our part. As Danny says, nobody knows.

[craig12]

i wonder if we will end the week on sub £11.20  over on ss theres threads galore on the price 

[Ares]

Well, according to the Telegraph the Pound is the strongest it's been for two years and depending on the result the pound could strengthen further.

[craig12]

if it does hit £11.10 thats got to ba about a 4 year low

[HelpingHands]

Well, according to the Telegraph the Pound is the strongest it's been for two years and depending on the result the pound could strengthen further.

It was very strong against the dollar three months ago and has been heading south since.

 

 

Here's the weekly chart.

[Ares]

Reading the article more thoroughly it appears to be compared to the Euro.

[HelpingHands]

Are we all secretly hoping for a kind of 'Black Wednesday' replay.