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 Replies: 30 / Views: 2,759 |
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Rest in Peace
 United States
9104 Posts |
Gold $1623.32
$12.09
Silver $29.26
$0.12
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Pillar of the Community
United States
4008 Posts |
Quote:
And now, of course, it's all heading back down... Up, down, sideways... it's all good. Like a lot of other things that we could invest our money in, PMs do have a lot of price movement to them. I'm just happy to have the ounces that I do and I do not worry too much about the short-term price fluctuations. They're gonna happen, guys and gals, so just ride 'em out and buy physical metal from time to time.  |
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Pillar of the Community
United States
667 Posts |
This is what sounds good when it is moving up. 5,000 oz of silver with a $1.00 move is $5,000.  Yeah is doesn't sound so good when it goes down.  |
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Pillar of the Community
United States
1450 Posts |
The good news is,today's move up was with a strong dollar rally.Looks like it may get interesting for the next few days. Jim Cramer just said again today,gold is acting like another currency,not like a commodity!
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Rest in Peace
United States
9104 Posts |
Gold $1622.10
$1.00
Silver $29.33
$0.02
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Pillar of the Community
Australia
7096 Posts |
Quote:
Up, down, sideways... it's all good. Like a lot of other things that we could invest our money in, PMs do have a lot of price movement to them. I'm just happy to have the ounces that I do and I do not worry too much about the short-term price fluctuations. They're gonna happen, guys and gals, so just ride 'em out and buy physical metal from time to time.
Well said ed. But it is a lot of fun just watching the market tho ay |
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Rest in Peace
United States
9104 Posts |
Gold $1625.74
$4.64
Silver $29.25
$-0.07
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Pillar of the Community
United States
4008 Posts |
Quote:
Yeah is doesn't sound so good when it goes down. Agreed. Not that there is a lot we can do about it, though. It's the same in the stock market. Investors love a good day when their paper profits are rising, even though they have not gained anything if they did not sell and realize the profit. I guess we can all chalk it up to human nature.  Quote:
gold is acting like another currency,not like a commodity! In many ways, gold and silver ARE currencies. They just don't have a lot of fiat baggage tied to them. Gold owners don't have to worry about interest rates, currency exchange rates, bond prices, swaps, defaults, counter-parties, and a lot of other gunk our financial system seems to have collected over the past couple of decades. Just pure sweet metal, folks... that's all... and that's enough!  |
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Rest in Peace
United States
9104 Posts |
Gold $1616.28
$-4.37
Silver $28.72
$-0.59
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Pillar of the Community
United States
4008 Posts |
Quote:
Well said ed.
But it is a lot of fun just watching the market tho ay Thanks, Trout. Yeah, it can be... or, it can be terrifying sometimes too... like when we get a 400-500 point drop in the Dow in 1 day.  |
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Rest in Peace
United States
9104 Posts |
Gold $1614.25
$-2.48
Silver $28.75
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Pillar of the Community
United States
667 Posts |
Gold and silver both appear to be holding their own considering everyone was on the bandwagon for the big crash for both.
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Rest in Peace
United States
9104 Posts |
Gold $1616.01
$-0.74
Silver $28.99
$0.27
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Pillar of the Community
United States
5862 Posts |
Gold $1638.91
$30.81
Silver $30.14
$1.35
Heading in the right direction!
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Valued Member
Canada
85 Posts |
Thats what I want to see is silver climbing just after I purchased a 5 ounce bar! CLimb baby climb! All the way to 1 mirrion dollars!
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Replies: 30 / Views: 2,759 |
First Page
Posted 01/05/2012 10:09 pm
