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 Replies: 41 / Views: 2,971 |
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Moderator
 United States
189222 Posts |
I think he is saying that silver has not been this low in almost two and a half years; and with some investment techniques that is ages ago. Anyone that "stocked up" then and got out around the peak is pretty happy now. One has a good chance of repeating that success; buy now and wait two years!  |
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Pillar of the Community
United States
5318 Posts |
Quote:
Are you trying to be funny? I don't make any claims there--that graph has enough to say. Anyone can pick their own trendline*...whichever suits you best.  *not investment advice--and I have no stake in metals markets.Edited by KurtS
09/11/2008 8:22 pm
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Pillar of the Community
United States
4541 Posts |
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Pillar of the Community
United States
5318 Posts |
Oh look...a happy attitude.  |
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Moderator
United States
189222 Posts |
Quote:
Maybe we all need a nap. No, we just need a little more Everyday Italian in our lives! Edited by jbuck
09/11/2008 10:50 pm
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Pillar of the Community
United States
4541 Posts |
Edited by daviscfad
09/11/2008 11:28 pm
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Valued Member
United States
417 Posts |
Or just go out and get a box of nickels (or whatever denomination you like) and get in the hunt!  |
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Moderator
United States
189222 Posts |
Good idea! |
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Rest in Peace
United States
9104 Posts |
Quote:
On the flip side to Pickens, his critics makes some points too.
I don't believe he's trying to become a billionaire from a millionaire.... Especially since he's already worth $2.7 billion. |
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Rest in Peace
United States
9104 Posts |
Quote:
I am watching the dollar rise as metals fall. Anyone have an opinion on this? I think you discovered the definitioo. If the dollar will buy more gold the dollar has risen (as expressed in a lower gold price). If the gold price is higher, the dollar has fallen. |
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Valued Member
United States
97 Posts |
Flee dollars now, while they are temporarily a little stronger.
Dump your cash for hard assets.
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Valued Member
 United States
486 Posts |
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Valued Member
United States
486 Posts |
I'm not saying everyone has nothing to smile for. I'm just saying if you own silver that you payed many bucks for than you shouldn't be boasting about it when prices are struggling to maintain 12, 11 and even 10 dollars! Its great if you're in it for long term but these prices are obviously not good for silver holders, so don't be arrogant about it.  -PP |
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Moderator
United States
189222 Posts |
 Arrogance is what got us into this mess. |
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Pillar of the Community
United States
2734 Posts |
Any drops you see in precious metals right now are probably due to stock brokers having to sell precious metal futures (aka ' paper' ownership of precious metals) to pay their margin calls in this crashing market. The result is that 'spot' prices now have little or no relevance to the physical precious metals market (just check ebay!). These guys aren't just throwing out the baby with the bathwater, they're selling the baby to pay for the bathwater they're throwing out!  |
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Replies: 41 / Views: 2,971 |
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Posted 09/11/2008 7:27 pm
I will go on and tell you I am very excited about low prices of metals.
