Anyone buy any silver?
#1
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Anyone buy any silver?
I purschased some silver a couple months ago when it was around $28.00 a ounce. Not too much of it 10 ounces. It is not at $35.00 thanks to being up $1.00 alone today. Buy more or sell off?
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Thought about it but said no too it. I kicked myself for not selling it for a few hours and then looked today and she jumped up $1.47. I am still in and waiting for it to go even higher. I hope it goes near $45.00
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#8
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Silver/ Depends on how much money central banks need to print going forward. Bernanke loves to print and Europe will be an issue for years to come. Nothing wrong with holding physical. If your trading paper then thats a different story. Watch the charts, read the news.
I like to say what goes up must come down. The upside is unlimted whereas the down side is not. Here's a good video where Ron Paul talks with Bernanke a bit about Silver
Skip past Barney Frank about 50 seconds into the vid
http://www.youtube.com/watch?feature...v=H4uL6CSiGrU#!
I like to say what goes up must come down. The upside is unlimted whereas the down side is not. Here's a good video where Ron Paul talks with Bernanke a bit about Silver
Skip past Barney Frank about 50 seconds into the vid
http://www.youtube.com/watch?feature...v=H4uL6CSiGrU#!
#9
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Silver/ Depends on how much money central banks need to print going forward. Bernanke loves to print and Europe will be an issue for years to come. Nothing wrong with holding physical. If your trading paper then thats a different story. Watch the charts, read the news.
I like to say what goes up must come down. The upside is unlimted whereas the down side is not. Here's a good video where Ron Paul talks with Bernanke a bit about Silver
Skip past Barney Frank about 50 seconds into the vid
http://www.youtube.com/watch?feature...=H4uL6CSiGrU#!
I like to say what goes up must come down. The upside is unlimted whereas the down side is not. Here's a good video where Ron Paul talks with Bernanke a bit about Silver
Skip past Barney Frank about 50 seconds into the vid
http://www.youtube.com/watch?feature...=H4uL6CSiGrU#!
#12
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Gold at $1,650.00 and silver at $32.00 as of 3/21/2012.
It seems the roaring DOW (13124 as of today) and somewhat positive housing news is causing metals to dip a bit. I don't buy it.
If silver drops to $26 again, I'm buying.
If gold drops to $1,200.00, I'm buying.
I think it is feasible silver could dip again. I'm not sure I see gold going much lower even if we continue to hear positive stories about the economy from the media.
As for real estate. It all comes down to supply and demand. Right now prices seem to be stable thanks to artificially low (4%???? Are you kidding me???) interest rates and the constant effort from banks and the goverment to limit foreclosure supply. I think an increase in interest rates would be trouble for housing and I think we are in REAL BIG TROUBLE when/if all the distressed/overleveraged inventory hits the market.
It seems the roaring DOW (13124 as of today) and somewhat positive housing news is causing metals to dip a bit. I don't buy it.
If silver drops to $26 again, I'm buying.
If gold drops to $1,200.00, I'm buying.
I think it is feasible silver could dip again. I'm not sure I see gold going much lower even if we continue to hear positive stories about the economy from the media.
As for real estate. It all comes down to supply and demand. Right now prices seem to be stable thanks to artificially low (4%???? Are you kidding me???) interest rates and the constant effort from banks and the goverment to limit foreclosure supply. I think an increase in interest rates would be trouble for housing and I think we are in REAL BIG TROUBLE when/if all the distressed/overleveraged inventory hits the market.
#13
Gold at $1,650.00 and silver at $32.00 as of 3/21/2012.
It seems the roaring DOW (13124 as of today) and somewhat positive housing news is causing metals to dip a bit. I don't buy it.
If silver drops to $26 again, I'm buying.
If gold drops to $1,200.00, I'm buying.
I think it is feasible silver could dip again. I'm not sure I see gold going much lower even if we continue to hear positive stories about the economy from the media.
As for real estate. It all comes down to supply and demand. Right now prices seem to be stable thanks to artificially low (4%???? Are you kidding me???) interest rates and the constant effort from banks and the goverment to limit foreclosure supply. I think an increase in interest rates would be trouble for housing and I think we are in REAL BIG TROUBLE when/if all the distressed/overleveraged inventory hits the market.
It seems the roaring DOW (13124 as of today) and somewhat positive housing news is causing metals to dip a bit. I don't buy it.
If silver drops to $26 again, I'm buying.
If gold drops to $1,200.00, I'm buying.
I think it is feasible silver could dip again. I'm not sure I see gold going much lower even if we continue to hear positive stories about the economy from the media.
As for real estate. It all comes down to supply and demand. Right now prices seem to be stable thanks to artificially low (4%???? Are you kidding me???) interest rates and the constant effort from banks and the goverment to limit foreclosure supply. I think an increase in interest rates would be trouble for housing and I think we are in REAL BIG TROUBLE when/if all the distressed/overleveraged inventory hits the market.
Totally Agree!!
#14
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Where is everyone standing on silver right now? Today is September 18th of 2012 and Silver is about $34.50 per ounce. Go in more or stay away? Right now I have 0 silver and I sold out a while back. Looking to get back in metals game.