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Old 01-16-2011, 08:08 PM  
DEA - banned for life
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Join Date: Nov 2004
Location: InYour Head
Posts: 7,886
Quote:
Originally Posted by will76 View Post
Like anything else, if you would have bought a lot 2 years ago when the price was around $10 - $12 an ounce you would be doing good right now. It exploded since then up to $31-$32 a week or so ago, has fallen off a couple bucks since then. Like other things that explode, most of the time the prices fall back down to realistic levels so don't be surprised to see it have a decent drop in the near future.
I agree for the most part but if you read what DWB said ..this time right now could be the same as early 2000s when gold was about $400oz. I was going to invest and didnt. I dont want that to be the case in 10 years from now

Quote:
Originally Posted by DirtyWhiteBoy View Post
Silver has been on the rise for a while and is a solid investment right now. Both gold and silver are going to keep rising until someone finds a large deposit of either, and that WILL happen. It's just a matter of when.

I wouldn't be surprised if gold hits $2000 within the next few years. Remember almost like yesterday it was only a few hundred bucks. lol Crazy. Should have jumped all over that. I had a friend telling me back then it was going to hit $1000 and I thought he as flat out bat shit crazy. Shows how much I know.
In my opinoin i dont see gold or silver depreciating more than a few dollars at a time ever again Its a natrual resource and will always be in demand and just like oil one day there wont be any left

Last edited by DEA - banned for life; 01-16-2011 at 08:14 PM..
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