It really is time to buy Silver....

SolarWorldSolarWorld Posts: 1,902
edited May 2010 in A Moving Train
Post edited by Unknown User on

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  • unsungunsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487
    I've been buying silver since 2007. I sprinkle it with a little gold too, and LOTS of ammo.
  • mikepegg44mikepegg44 Posts: 3,353
    unsung wrote:
    I've been buying silver since 2007. I sprinkle it with a little gold too, and LOTS of ammo.


    vampire and werewolf hunting?

    I have also been buying silver and gold, I prefer it in the form I can hold. Been going around to garage sales, you would be surprised how many people will just sell you their old jewelry for dirt cheap without checking if it is silver or gold. Up to a little over an actual weight of gold of about 1.5 troy ounces for about $500. You should try it. People are really dumb when it comes to the price of silver and gold.
    that’s right! Can’t we all just get together and focus on our real enemies: monogamous gays and stem cells… - Ned Flanders
    It is terrifying when you are too stupid to know who is dumb
    - Joe Rogan
  • unsungunsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487
    Interesting point, never thought of doing that.

    Oh the ammo is for the inevitable zombie hordes.
  • mikepegg44mikepegg44 Posts: 3,353
    unsung wrote:
    Interesting point, never thought of doing that.

    Oh the ammo is for the inevitable zombie hordes.


    I am telling you man/woman, it is literally a gold mine. And they are happy because they got what they asked for in the first place. I never negotiate, always just pay what is asked, that is how I justify it with my conscience :)
    that’s right! Can’t we all just get together and focus on our real enemies: monogamous gays and stem cells… - Ned Flanders
    It is terrifying when you are too stupid to know who is dumb
    - Joe Rogan
  • yahamitayahamita Posts: 1,514
    YES, instead of gold
    I knew all the rules, but the rules did not know me...GUARANTEED!

    Hail Hail HIPPIEMOM

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  • JOEJOEJOEJOEJOEJOE Posts: 10,723
    I know several normal intelligent people (me included!) who have been buying gold & silver to use in case of some sort of monetary collapse.
  • Ugh.
    Normally i'm all for it,
    but this is buying at a near absolute high.

    At least wait for a pull back!

    You could reasonably expect silver spot to trend back to 16 over the course of the next month or so.
    It's not just gonna rocket up from just-under-20.
    I mean ... unless you think the entire financial world is gonna fall apart.
    If they didn't do it in 08, and they spent all that time wiggling in their new comprehensive re-regulation scheme ... i just don't see them blowing all that "progress" in the name of all out anarchy in the streets.

    Don't buy the high.

    Actually, if anything, maybe take a small, patient SHORT position in silver right now.
    keep the leverage down though, you crazies!
    If I was to smile and I held out my hand
    If I opened it now would you not understand?
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