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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Buy more... I am
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Originally Posted by johnng117
(Post 5069235)
Buy more... I am
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I'm a long term buyer, my target is over $100.
But if your looking just for a quick flip around ~$35.8 is a good time to exit. |
Originally Posted by johnng117
(Post 5070064)
I'm a long term buyer, my target is over $100.
But if your looking just for a quick flip around ~$35.8 is a good time to exit. |
I'm sure it will test its last highs, good on you that your still holding on to it.
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Originally Posted by johnng117
(Post 5078575)
I'm sure it will test its last highs, good on you that your still holding on to it.
:wwf::wwf::rant::rant::violent: Until today where it is falling $2.11. Its ok. Things like this happen. What goes down must come back up. I still have faith in it.:y |
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#! |
Originally Posted by kustom2k1
(Post 5080004)
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#! |
Love Ron Paul. Bush proved its not difficult to run the country yet easy to fook it up.
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Originally Posted by kustom2k1
(Post 5080217)
Love Ron Paul. Bush proved its not difficult to run the country yet easy to fook it up.
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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. |
Originally Posted by LukasBMW
(Post 5113473)
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. Totally Agree!! :y |
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.
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Buy. We're in a fiat money death spiral, printing $40 Billion a month (1/2 Trillion a year) with no end date.
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Originally Posted by FraKctured
(Post 5398389)
Buy. We're in a fiat money death spiral, printing $40 Billion a month (1/2 Trillion a year) with no end date.
I ended up buying about $3,000 worth about 2 weeks ago. I am liking it so far. |
Can't hurt to have a little savings in something other than paper...
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oops...sorry wrong forum...still trying to figure this out. :nix:
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