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 Replies: 25 / Views: 4,031 |
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Pillar of the Community
United States
4008 Posts |
Quote:
KISS they say in hockey, keep it simple stupid.... Which is not at all a bad plan. The more exotic something is, the more moving parts it has, and the more likely it will break down at some point. Simple is good, as long as it still covers your basic needs.  |
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Valued Member
United States
487 Posts |
What is the phrase? Hind site is 20/20. So you had skyrocketing silver prices in the 1980's, now in 2011. Maybe the cycle comes around in thirty year spans? I'm in to silver for the long haul. Buy a little at these prices, than buy a lot if we should ever see 1990 prices.  Edited by rastatodd
05/21/2011 07:00 am
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Pillar of the Community
Canada
3692 Posts |
Errrr, think about that one. You'd have to live so thriftily for TEN years just so that later you can do the same thing? Who has that kind of foresight? Your family would've left you over that, for sure.
Silverhawk: are you trying to create buying frenzies within us? For real..... it's all you type about.
Edited by Libertad
05/21/2011 09:15 am
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Pillar of the Community
United States
511 Posts |
I think silver will bump around $34 to $37 for a few weeks and possibly well into summer, as the metals markets tend to slow down in July and August. After that, it's off to the races.
Edited by 3stooges
05/21/2011 11:40 am
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Pillar of the Community
United States
4008 Posts |
Quote:
I think silver will bump around $34 to $37 for a few weeks and possibly well into summer, as the metals markets tend to slow down in July and August. After that, it's off to the races. - 3stooges Quite possible. I'm thinking that with QE2 ending next month, the stock market teetering on a pull-back, as shown by Friday's retail stocks getting hammered, and the Euros still flailing about with Greece, Portugal, et al, we could see some REAL price growth in the PEs as retail investors search for a safe haven for their money. The dollar has shown a bit of strength of late but that is more likely due to the Euro slipping lower than the dollar moving higher on its own merits. If this scenario comes true, then the question is, "Which PM will show the best return on the dollars invested in it?". Gold has been very solid lately but both silver and palladium have the kind of volatility that could really spike upwards. As to platinum... who knows? I would have thought that it would have been stronger than it has been, especially with the infrastructure problems that South Africa now has. |
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Pillar of the Community
United States
3670 Posts |
You know what they say Libertad...."You can lead a horse to water, but you can't make him drink" What others do, buy or sell, it matters not to me. I just figure if one of you takes heed in my theory and jumps in and forgets about the money spent, you will be happy you have the metal one day, and it will be worth all that typing that erks you all so  . I could be wrong, I was like once or twice back in the mid 80's, rof  ! Edited by Silverhawk74
05/22/2011 03:11 am
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Rest in Peace
United States
9104 Posts |
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Yeah I thought about it, but then I figured living under a bridge for 10 years would tone all that silver.
Believe it or not, the first thought that ran through my head was about living under a bridge in a hut made of silver bars. Great never-minds. |
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Rest in Peace
United States
9104 Posts |
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You know what they say Libertad...."You can lead a horse to water, but you can't make him drink" You can lead a horticulture, but you can't make her think? |
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Valued Member
Cyprus
349 Posts |
By the looks of the trend on the 10 year chart buying silver over $30 looks expensive.
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Pillar of the Community
United States
4008 Posts |
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By the looks of the trend on the 10 year chart buying silver over $30 looks expensive. - Ozzie Could be. On the other hand, we are definitely in uncharted waters with all the weird financial stuff going on these days... none of which was happening back in the 1980s. The US dollar was VERY strong back then as well. A super computer might be able to make sense of all these variables but I can't and I doubt that any 2D or 3D chart can either. Perhaps a 100D or a 1000D chart could but... |
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Replies: 25 / Views: 4,031 |
First Page
Posted 05/20/2011 11:49 pm
