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Old 10-01-2014, 10:50 PM   #1
Ross
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Default A time to buy silver ?????

Quote:
The market reacted to the big drop in the paper price of silver by
a huge increase in Silver Eagle purchases. September was turning out to be a
much stronger month compared to July and August even before the last
update of the month.



Quote:
While its frustrating to see the price of silver at these lows,
I still believe there isn’t a better deal out there than exchanging fiat
Dollars for ounces of silver.
Foundation article .


The Harvey Organ web site contains this interesting comment .......

Quote:
In ounces, the December contract equates to 624 million oz or 89.1% of annual global production.
This is totally unprecedented. The estimated volume today was excellent at 49,702.
The confirmed volume yesterday huge at 69,446 contracts. Both Bill Holter and I strongly believe
that only one entity could possibly behind the majority of these longs and that entity is the
sovereign Chinese government.
.


.
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Last edited by Ross; 10-01-2014 at 10:56 PM.
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Old 10-01-2014, 11:21 PM   #2
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This chart is roughly 10 days old but I am in a hurry
and do not have time to look for a later one ( sorry ) .

Perhaps somebody else could present a current chart.



..
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All paper is a short position on gold . “Gold is money. Everything else is credit.”

“If we don’t believe in freedom of expression for people we despise, we don’t believe in it at all.” ( Noam Chomsky )

‘you can judge a man’s spirit by the amount of truth he can tolerate.’ .... Nietzsche
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Old 10-02-2014, 07:44 AM   #3
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Price wise its pretty good, been dropping of late in the mid to upper teens.

There is a chart on the front page of TBM, on the right.

Prices had been as high as the 40s a couple years ago.
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Old 10-02-2014, 11:58 PM   #4
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Price up or down now is a good time to do dollar price averaging.
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Old 10-03-2014, 04:52 AM   #5
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Bought 100 oz bar at $4.00 per oz...and bought a bunch at $42 an oz and all in between and still buying. I never hit a bottom to buy or a top to sell. Although I should have sold half of the stash...but I didn't.
So still stacking and hopes it works out in the end. It's my wife's retirement...hope it will be there when she needs it.
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Old 10-03-2014, 07:38 AM   #6
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Usda , good to see you are still with us .

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All paper is a short position on gold . “Gold is money. Everything else is credit.”

“If we don’t believe in freedom of expression for people we despise, we don’t believe in it at all.” ( Noam Chomsky )

‘you can judge a man’s spirit by the amount of truth he can tolerate.’ .... Nietzsche
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Old 10-05-2014, 11:02 AM   #7
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Default A time to buy silver?

YOU BETCHA!
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Old 10-06-2014, 03:06 PM   #8
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Is there a time not to buy?
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Old 10-06-2014, 03:23 PM   #9
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Yes, we loaded up when it was $40. Seriously, TEOTWAWKI is nigh, loaded up.

Turns out, that was not a time to buy.
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Old 10-06-2014, 03:52 PM   #10
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Quote:
Originally Posted by flourbug View Post
Yes, we loaded up when it was $40. Seriously, TEOTWAWKI is nigh, loaded up.

Turns out, that was not a time to buy.
LOL! Me too. If I had an ounce of silver for every time TEOTWAWKI was nigh, I'd have... never mind.

I don't regret it though in all seriousness.
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