Any silver stackers watching the market?

[zesty]

Ugh....wtf? Why is it diving?

What I heard... All the countries (Europe and Japan) that have been doing austerity measures for the last few years haven't been doing well. Those governments are starting to pump money into the economy (like we did) which is making stock markets and other investments better. People are pulling out of metals an investing in other things. That and some countries are doing better, we're working our way out of the recession.

I agree that the ecomomy is a big house of cards right now. If you think it is going to tank, buy now. I think we're seeing the metal balloon pop. I really don't have anything to back any of this up, but I'm not buying now. Good luck to those of you that do

Any other nay-sayers like me? Any guess on what the bottom might be? Usually in a crash, there's a huge dip and a little recovery. I'm thinking I'd be a buyer at $10/oz.

 

[gran torino]

What I heard... All the countries (Europe and Japan) that have been doing austerity measures for the last few years haven't been doing well. Those governments are starting to pump money into the economy (like we did) which is making stock markets and other investments better. People are pulling out of metals an investing in other things. That and some countries are doing better, we're working our way out of the recession.

I agree that the ecomomy is a big house of cards right now. If you think it is going to tank, buy now. I think we're seeing the metal balloon pop. I really don't have anything to back any of this up, but I'm not buying now. Good luck to those of you that do

Any other nay-sayers like me? Any guess on what the bottom might be? Usually in a crash, there's a huge dip and a little recovery. I'm thinking I'd be a buyer at $10/oz.

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"I really don't have anything to back any of this up,"

well.... at least you admit that you are speaking from you rear end and have no facts to offer to the conversation...... did you uncle tell you this? god help us.

 

[Wolf six]

Do you guys actually think anyone is going to trade bullets or food for shiny metal when money has no value?

which is why i advocate cigarettes above silver

 

[trckdrvr]

"I really don't have anything to back any of this up,"

well.... at least you admit that you are speaking from you rear end and have no facts to offer to the conversation...... did you uncle tell you this? god help us.

Gee,You were kinda hard on him.
i happen to agree with him,only i see Silver as a $7-8 dollar metal..its where it belongs and where it will go back too.

 

[trckdrvr]

I see silver going to back to $7-8 and gold returning to $250..

 

[gran torino]

Gee,You were kinda hard on him.
i happen to agree with him,only i see Silver as a $7-8 dollar metal..its where it belongs and where it will go back too.

could you offer any insight why silver "belongs" at $7-8. i don't know where silver belongs and your knowledge could sure help us understand the metals market with more clarity.... thanks in advance.

 

[Nick_T]

I see silver going to back to $7-8 and gold returning to $250..

Man I hope it does, I wont miss the ride next time.

Nick T

 

[Patronus]

I see silver going to back to $7-8 and gold returning to $250..

LOL!

I buy silver at Pawn Express. Picked up about 4 ounces today. I prefer to buy US currency coinage but bought a couple of bullion bars today as well.

 

[zesty]

could you offer any insight why silver "belongs" at $7-8. i don't know where silver belongs and your knowledge could sure help us understand the metals market with more clarity.... thanks in advance.

The chart. It usually sits below $7-8. Go back further and it's not any better... unless you go back to the great depression. There was a crash after that too. The crash is coming, it's just a matter of when.

 

[Big Ben]

I prefer to buy US currency coinage but bought a couple of bullion bars today as well.[/QUOTE]
Do you mean old dimes, etc.? Pre- 1965 coins?