Re: Buying Physical
in response to
by
posted on
Aug 01, 2011 07:07PM
Edit this title from the Fast Facts Section
I have looked into Scotia Mocotta, and not too bad. Their bars and coins are nice. I have found Gold and Silver Bull to be the best price's for buying so far and the shipping is roughly the same as Scotia's, unless you go right downtown Toronto. Then there is no shipping and you pick up your silver or gold right away. Scotia also has some administration fee's, but they are not killer unless you shop online, because then they want to add 3%. Ouch.
I hope I can hold off long enough to allow for a correction. I am getting pretty excited looking at all the beautiful bars and coins. I find myself already wanting to press the purchase button. I am thinking of taking a 1/4 to 1/3 of a position this week, as I really don't know which way it is heading. I plan on holding for years and adding along the way (unless a huge run-up over $100/oz happened right away), so I figure I might as well get started. We should hopefully get some sort of price weakness this week, but one never know's for sure.
What are your target's for entry? I am thinking $35 USD would be great, but I am not sure if we will get it anytime soon. But with my history, as soon I get in on it, out will go the bottom and we end up under $20 again. LOL!
Ryan