the temptations of silver

[waybri]

Just couldn't help myself again and went and bought 30 of these

1.5oz Canadian polar bear coins ESB wanted 47 quid each for then lol

 

so I bought from STG with much better prices

also my 1oz shanghai memories panda just arrived so I think ive sorted my silver cravings for  the day

 

does anyone think silver prices will go lower ?

 

looking at the long range charts I think it looks like a bottom forming ,these prices have only been seen for a few weeks in the last 4 years .

 

 

 

 

[SilverPirate]

Who knows if it will go lower,if it does i will start buying again.

This time next year Rodders we will all be millionaires.

[HawkHybrid]

new low of $18.63 from $18.75 recently, there's time yet whilst

the new demand and supply kicks in for this new price point.

may well lead to lower prices, I'm going to wait a bit first.

 

HH

[garthy]

I did see those polar bears and was tempted, great design and that's the cheapest I've ever seen them, definitely a good buy.

As for the silver price we're in the hands of the manipulating Gods so who knows, but i'm gonna stick my neck out here and say we're not gonna hover around at this price, expect volatility, weather it's up or down I have no clue.

[GrandIllusion]

No idea what the prices will be, however, I've seen interviews with professional investors like Jim Rogers who is longterm bullish on gold.  He

thinks gold's 12 year bull run was unprecedented and looks for a 50% pull back off highs (900-1000 range).  He bought some gold at 1,200 (just in case) and doesn't plan to sell an ounce.  For silver, with current ratios, perhaps $15 range(?)    He has no idea what prices will actually do though.

 

Personally, I don't have a problem buying reasonably priced bullion coins despite feeling spot price could drop much lower.  I like the thought of converting some fiat currency into historical sound money...  oh so shiny and beautiful. 

 

I don't have any Polar Bears...  they seemed overly pricey to me last year.   Prices have come down... may have to consider that one..