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Would you still buy silver?
Silver has been going down lately and it is almost at a low ( http://www.monex.com/liveprices )
Anyone else still feel like we should be buying? |
buy low, sell high. 6 cents higher right now then what it closed at yesterday
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$30 looks like the floor for Silver Eagles so I'll probably pick up a couple, rather have cash on hand though.
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just because it hits a low doesn't mean it can't go lower.. long term you would be fine..
let the trend guide you not the price. |
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buy it when hit historical low
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Silver is poised to hit $20 ... and if it does, it will be a ONCE IN A LIFETIME buying opportunity for those who jump at it.
Those of us who follow the precious metals markets are peeing our pants in anticipation right now, because we know silver will go to $450 and above ... ($450 is not a random number I pulled out of a hat ... there have been many cases made for $450 silver by several of the world's leading precious metals authorities.) Corrections in the market tend to shake the small hobbyist investors out of the game, and make more bargain-basement silver available to the rest of us!! If you are looking for a get rich quick scheme, then silver is not for you, but if you have the patience, and the knowledge of the market trends, then silver is perhaps one of the biggest opportunities of the 21st century! :pimp |
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I actually just sold five silver coins and got almost four hundred bucks for them and they were gifts to me extracted from a photo studio with the company's emblem on them
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I have been buying and selling silver rounds/Bars and Junk silver for years. This is not a low. When I first got into buying/ Collecting I was getting 1oz rounds at $16-$18 a round. That was less than three years ago.
The dip is coming from people thinking the recession is over, and from people needing to turn there silver into Cash because they need to pay bills. It will bouncer. I'm not selling but I will start to buy heavily again. |
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still a good long term buy
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my father has platinum on his legs...
its time for him to loose a leg... :pimp:error |
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im thinking doing a really large purchase soon though |
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If silver comes close to $20, that is going to be the lowest we see it anytime soon. |
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Who knew that watching somebody mentally unwind could be so much fun?!? :Oh crap |
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I have silver robots.
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Actually like 387 but still |
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:1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh :1orglaugh:1orglaugh |
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I have 78 troy ounces of loose .999 bullion rounds (both Walking Liberty 4bits and Morgans) I'll let you have the lot for $4000.00 cashier cheque. You can unload them at your guy for $7,800 (or ... almost $7,800 :1orglaugh ), and make yourself a cool $3,800. Let me know .. |
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If you have that much silver and the prices really dropped as low as you are saying I am fucking laughing my ass off right now cause I had like five coins and got them for free and almost paid my rent with the trade in. sorry to hate you so much I just do. :1orglaugh:1orglaugh |
That's all you got???
I expected much better than that from you .... you disappointed me little buddy! I'm bored ... so guess you'll have to play with yourself again, you little closet fag. Ta |
ask choker
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Silver follows gold pretty consistently. When gold goes up, silver follows a few weeks later. Back in the 1980s I did pretty well buying and selling silver on that basis.
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I knew it was a matter of time before someone pushing a Silver Snowball scam entered this thread. FacialFreak you're as predictable as ever :1orglaugh
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Silver is a good buy at around $30 an ounce and I predict around $50 by the end of the year. It is a used metal and is in pretty heavy demand. Don't think you can go wrong at $30 per ounce. I've been dealing in metals as a coin dealer for over 50 years and still have some that I bought at $3.50 per ounce. Have a HUGE inventory of both gold and silver and my best profits have been from Silver ... BUY NOW is my advice.
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Whatever you do don't take advice from $450/oz FacialFreak.
http://www.silverinstitute.org/site/...er-production/ http://www.silverinstitute.org/site/...silver-demand/ Note: World production doesn't include small scale mining production that goes unreported. |
Where are all the silvertards who this time last year were saying : "in twelve months time it will be $200 an ounce or more, mark my words!"..:1orglaugh:1orglaugh:1orglaugh
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The problem is not with mining silver (and for reference, most silver is produced as a BY-PRODUCT of refining other metals/alloys, not mined ..), but rather there is at least 140x as much silver on paper than there is physical silver to cover all the ETFs ... Big corporations have been shorting silver since Christ was a cowboy ... if you want to talk about scams? This has been common knowledge for some time ... The price of silver has been manipulated for decades, and it is soon approaching it's breaking point. I have been collecting/buying PHYSICAL silver since around 1980, when my aunt (a bank guard at the BMO head offices on Bay Street in Toronto) gave me a commemorative 5 oz silver bar and I thought it was the coolest thing ever. Me and a friend hold several subscriptions to precious metals forecasts and analysis charts, and the same friend has put his house on the market to raise more funds for a large buy when the timing is right. I have a substantial amount of my worth tied up in PHYSICAL silver, so please do not insult my intelligence with asinine comments. Like conspiracy theories, predicting the housing market bubble burst, or anything else - we are all free to believe what we want, and of course, YMMV. |
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