I have been publically telling people to buy buy buy silver since September 2010 when it was $21 an ounce- half of what is today. Those that heeded the word doubled their money in silver in the past seven months. And the call is still out there- there's still a buck to be made in silver. It's a solid buy up to $50, at which point the storehouses will flood the market with silver that will quicjly be absorbed by the $50 silver hogs. This is no fluke. Wasn't a fluke when I called it. The price of silver today is real and factual. It ain't going down.
Ya like poop?????? Huge short positions are how ya get a big dose of volitility, and are also a common characteristic in markets near big changes in direction, (stocks bonds OR COMMODITIES). That is investing 101: people. Parobolic moves are always hard to call, as the fat lady really doesn't sing NOR does she ring a bell ta tell ya when ta get out........ It is VERY foolish fer a small investor to take a large physical position in the metal at this price and this time.... IMHO. Speculators should use paper instruments which can be quickly traded at small cost. Please hit the books: folks n' look at history circa 1980.... (Hunt brothers).... who lost some serious money in the same metal at the last peak in commodities... they could afford the loss due to their wealth......can you? Unlike you I am not giving ANY INVESTMENT ADVICE.... I am advising common sense and prudence... Do yer home werk BEFORE ya take a position, and limit yer speculation to what ya can afford ta loose. Real simple: takes only one functional brain cell. Respectfully, JR
Um...yeah. No one takes you seriously, pal. This is no Hunt Brothers deal either- this is the real thing. IMO my parents lost $100,000 when they didn't take my advice to buy silver when it was $21. Kinda hard to argue against REALITY.
You could be Bernard Baruch hissef fer all I know. Do whatcha want. Yer makin' money right now... No need ta have the unlearned plow in ta push things higher.... I'm jus' throwin' out caution fer folks not as savvy as you. Speculation in commodities this late in the game, (with the massive institutional short positions), is VERY RISKY. Institutions can change on a dime, (ya find out with a huge change in price), n' loose yer wallet. Ouch....... My $.02 is also overpriced as I admitted.... Carry on...... JR
Now ya think yer my momma? Not.... I speak or type.... as I please.... The Russians called it "cow language" ... That all said: ya don't have ta read me chit..... do ya? Blue is yer cue ta scroll down the page...... Carry on.........
$46.59. "Man, do I hate being right all the time!" Watch all Hell break loose once we bust $48. If you didn't heed my advice and get in early, you're almost too late now. You had best have a way to dump it quick if you want to get in at this late stage.
silver will eventually go to 100 dollars but the only problem is its going up way too fast now and is overdue for corection!
you see how you keep boasting of paper money? and this is how you make everybody believe you love paper assets and hate gold and silver!
yes and this is why its rising...I own alot of silver and am a little worried as its going up too fast now! It is definately due for a correction! But eventually it will hit 100 dollars not this year but when the currency crisis hits!
there is no reason why you should pay more than 5% above spot...especially if you are buying in bulk...like 100 oz bars!
yes...paper silver is dangerous...especially if HSBC and Morgan Stanley default...there might not be any silver to deliver!
its already at 45 dollars...so 50 is no big deal anymore....you should of bought like me when it was still 5 dollars but after the correction it should eventually zoom to 100 dollars!
Actually, it's right on track so far. Check it out: Here's inflation. The CRB is up 76.2% from 2 years ago. Here's gold over the same period. Up 55.6%. And here's silver. Notice the wheels came off the short position last fall? It was following the exact same curve until last August. It's now up 354%. Now here's the important part: The gold/silver ratio has been goofy ever since the late '70s. 2 years ago it was up at 84. Now it's back down to 33. It's fairly safe to assume a ratio of 15 or 16 when it's all settled, and anything under that is risky. I expect that we will see $100 an ounce this year, and possibly a good deal higher than that, but anything above 100 will be temporary.
yes....and while these fools wait for the DOW to crawl back to its original high in 2007 meanwhile gold and silver is leaving its old highs in the dust!
i haven't bought any gold or silver coins in decades, but i have a hoard that was passed to me from an ancestor and added to, during the 1960's through late '70's, by me after all these years, i haven't gained any dividend or profit from them at all, they just sit there doing nothing
Just a year ago a silver quarter....say 1964, was worth about a quarter, look at where they are now. I've gotten 3 dollars a peice for uncirculated quarters, that's not bad.
