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Official ODT Silver Thread
- Thread starter roscoe1911
- Start date
I’ve got a hunch over the next 12 months silver is going to drop like crazy. I’m thinking $12.00 to $13.00. If so, I’m buying a monster box or two.
Good luck with that. I'll probably come back in as a buyer at $15.00 or below.
https://www.providentmetals.com/spot-price/chart/silver/
Last time silver was $15/oz or less was in February of 2016. Long time to wait.
It was a good dip this morning, under 16.70 shipped.
Set a ceiling and buy. My ceiling is xx cents above my first silver order.
Buy $100 at a time to average out and get free shipping (6oz at current prices).
If it gets to $15/oz, I will buy 7oz at a time, instead of 6. If you wait for $15/oz, unless you can "pay yourself" and put aside the money, you will buy less metal than 6 oz every few weeks would give you.
If it stays at $15, I will buy another 7oz, as funds allow. If it falls to $14/oz, I will buy 8 oz, to get free shipping. It will average out. In 20 years it will all be worth double of my highest price anyways.
And if my crystal ball is right, major inflation is around the corner. I had lived thru double digit inflation. I do not want to be stuck with paper money when it happens. PM prices will go thru the roof.
Last time silver was $15/oz or less was in February of 2016. Long time to wait.
It was a good dip this morning, under 16.70 shipped.
Set a ceiling and buy. My ceiling is xx cents above my first silver order.
Buy $100 at a time to average out and get free shipping (6oz at current prices).
If it gets to $15/oz, I will buy 7oz at a time, instead of 6. If you wait for $15/oz, unless you can "pay yourself" and put aside the money, you will buy less metal than 6 oz every few weeks would give you.
If it stays at $15, I will buy another 7oz, as funds allow. If it falls to $14/oz, I will buy 8 oz, to get free shipping. It will average out. In 20 years it will all be worth double of my highest price anyways.
And if my crystal ball is right, major inflation is around the corner. I had lived thru double digit inflation. I do not want to be stuck with paper money when it happens. PM prices will go thru the roof.
Well then, I have 15 ounces that I Will sell and ship for $245. That's $16 per ounce and $5 total to ship. Even after shipping I believe that is BELOW today's spot.
are you trying to make my eye twitch? Because it is
Tell us what the 15 ounces are.
