Joe Public investing in Silver or Gold right now is a bad move, imo.
Comment
LostBankroll
Restricted User
02-10-10
4538
#3
Silver > Gold
EndOfAmerica2011.com
Comment
csm506
SBR MVP
07-10-10
1402
#4
stick it in the mattress this is the best way to save baby
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gauchojake
BARRELED IN @ SBR!
09-17-10
34113
#5
silver was good at 14$. I would short all commodities at this point.
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tanner40
SBR MVP
03-24-10
2129
#6
Originally posted by LostBankroll
Silver > Gold EndOfAmerica2011.com
Watched that a month ago. Good stuff
Comment
Mike Huntertz
SBR Posting Legend
08-19-09
11207
#7
China is not buying US treasuries anymore, the US is buying their own debt.
China is buying gold silver and commodities.
Short term who knows, long term silver shines.
Comment
gauchojake
BARRELED IN @ SBR!
09-17-10
34113
#8
Originally posted by Mike Huntertz
China is not buying US treasuries anymore, the US is buying their own debt.
China is buying gold silver and commodities.
Short term who knows, long term silver shines.
I say fade the public.
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falconticket
SBR MVP
09-05-10
3414
#9
I'm heavily vested in Obama commemorative coins.
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noober
SBR MVP
10-23-09
2012
#10
tough to say what's next for commodities
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sweethook
SBR Posting Legend
11-21-07
12667
#11
short it till you break even
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Poppa K
SBR Wise Guy
12-27-10
549
#12
SIlver is currently undervalued... IMHO
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blackbeSSt
SBR Hall of Famer
09-06-08
9398
#13
i hoard mostly 90% silver coins! im sittin on about $400 face of 90% and about $200 face of 40%
to each his own though
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Lineman
SBR MVP
11-21-09
2594
#14
Don't jump in front of a running train
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nosniboR11
SBR Posting Legend
09-02-08
10042
#15
Originally posted by obamaismyuncle
Joe Public investing in Silver or Gold right now is a bad move, imo.
explain your thinking then
Comment
Chuck Sims
SBR MVP
12-29-05
3072
#16
Buying silver now???? Ha Ha. When it was selling fot $8 an ounce was the time.
You've missed the wedding, you don't want to be there for the funeral.
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Dutch
SBR MVP
09-21-10
4339
#17
Gold and silver is this decades real estate or tech stocks. There's money to be made but there will be a peak/ceiling sooner than later, don't forget to sell eventually.
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dbartinbwgc
SBR Wise Guy
11-11-08
795
#18
sold my options deep in the money
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Outlawdino
SBR Sharp
06-28-08
467
#19
The big boys will have to cover their shorts...with jp morgan shorting 45 ozt for every 1 ozt contract they have, you know something is going to happen...maybe a short term correction then continued higher prices. Alot of silver has been sold on paper contracts than what actually physically exists...I think we are far from a bubble bursting.
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jjgold
SBR Aristocracy
07-20-05
388179
#20
I think Gold with definitely hit 1700 or so down the road
US economy just is too banged up for people to feel comfortable investing in stocks and real estate
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Hoja Verdes
SBR MVP
08-23-06
1403
#21
I actually just sold 5 troy ounces of silver yesterday for $275 on eBay. American Eagle proofs. Buy low, sell high. I've had these things since the 90's.
Comment
CappinTerp
SBR Hall of Famer
11-26-09
9650
#22
IMO..Gold is going to $ 1,800 and higher.!! Still more political instability, banking problems in E.Europe and Ireland.And this is serious shit what is going on with food prices some 3rd world nations spend a large % of income on food(like 40-50 %)........more political instability...not to talk about oil prices and its effect on everything.
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Waterstpub87
SBR MVP
09-09-09
4102
#23
When normal people start jumping on something as an investment, Its time to get out.
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CappinTerp
SBR Hall of Famer
11-26-09
9650
#24
Waterstpub87 yes I agree with total capitulation, buts its never too high to buy or never too low to sell.!!(when conditions are right)
Comment
bettilimbroke999
SBR Posting Legend
02-04-08
13254
#25
Originally posted by Hoja Verdes
I actually just sold 5 troy ounces of silver yesterday for $275 on eBay. American Eagle proofs. Buy low, sell high. I've had these things since the 90's.
At 36 an ounce you made out like a bandit gettin 275 for silver worth 180
Comment
SKiLLsSoLoN
SBR Wise Guy
07-22-09
905
#26
I'm all over silver like white on rice! It will go up, silver is like 1/8 gold from what i'm being told.
Inquiring minds are digging deep into a 266 page PDF called USA Inc. a basic summary of America's financial statements. It is loaded with s...
Hedge against this by buying precious metals.
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forsberg21
SBR MVP
09-23-09
1851
#30
$41 an ounce now.
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Dutch
SBR MVP
09-21-10
4339
#31
Originally posted by Chuck Sims
Buying silver now???? Ha Ha. When it was selling fot $8 an ounce was the time.
You've missed the wedding, you don't want to be there for the funeral.
It's up more than 17% at least since you wrote this.
Comment
mrmarket
SBR MVP
01-26-10
4953
#32
"The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs. Nothing sedates rationality like large doses of effortless money. After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the ball. They know that overstaying the festivities — that is, continuing to speculate in companies that have gigantic valuations relative to the cash they are likely to generate in the future — will eventually bring on pumpkins and mice. But they nevertheless hate to miss a single minute of what is one helluva party. Therefore, the giddy participants all plan to leave just seconds before midnight. There’s a problem, though: They are dancing in a room in which the clocks have no hands" WB
Fitting no?
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nosniboR11
SBR Posting Legend
09-02-08
10042
#33
Originally posted by obamaismyuncle
Joe Public investing in Silver or Gold right now is a bad move, imo.
well hell obamaisanidiot I guess Joe Public would of lost out since you made that dumb statement, dummy
Comment
Pete0
SBR MVP
04-09-10
3849
#34
Originally posted by LostBankroll
Silver > Gold
EndOfAmerica2011.com
Wasant this a scam ? :
Didnt that porter guy have a 1.5M $ lawsuit against himfor stock fraud ??