Pms Poll: Where Will They Go In The Near Future?

Predicting the future of PM prices with total accuracy is easy.

Here's the future of PM prices in a short, easy-to-understand nutshell--- PM values will go up+down+up+down+up+down without end all day long every day from
Monday morning through early Friday evening (EST) and then remain stable and not move at all from early Friday evening through early Sunday evening (EST).
The only exceptions to this will be major holidays (Xmas, New Years) when all exchanges are closed and no trading is going on. Prices will be stable then, too.

You heard it here first.

On the advisability of investing in PM's... I'm not sure if stacking silver as a retirement nest egg is a safe haven for savings. Silver spot is real close to a 3-year
low right now, so now is real close to the best time to buy in the last 3 years, but... At the same time, present silver spot is higher than anything in the 10 years
that preceded the last 3 years. The only certain things are that it's a crapshoot and that most knowledgable, prudent investors don't make PM's a very large part
of their overall portfolio.

Bro, I wish you had added an option for "broken assets".


First, off, lets not forget the important thing, gold and silver remain in strong downtrends. Unless you are an active trader, you should not be putting money into gold and silver until there is a resolution of either a final flush out in price OR clear confirmation that prices are rising and breaking out of their downtrend. THATS what a good savvy investor would be doing.

Second, at BEST, going forward, gold and silver are broken assets.

Thirdly, silver is way tooo speculative for someone to be socking away in savings or to invest in. Their money would be best served by being put to work in gold.

In the end, it is everyone's biz and money. And while many here will never admit and grumble behind the scenes, many have remorse that the highs are in, that they didn't sell at higher levels and that worse still, they bought these recent dips and are underwater.

I dont think anyone likes seeing their profits melt away. It is also dangerous tho to ignore the price action. It is unwise and a folly, a big one, to think that prices are going to come back and run up higher.

As far as price most likely well just see more of the same. Chop around with ups and downs but a general down trend of lower prices over time.




I agree with Freddy, its not what you want to be basing retirement on. Theres far better places to put the money and let it work for you.

IF they really want to go that route get them to buy the silver stocks. While it doesn't insure making money it is by far and away the safest way to do it. You can buy and sell in seconds so if they prices do fall out from under it or keep sliding you wont be stuck with them trying to unload and salvage what you can get out of them. It also allows you to avoid paying premiums on the purchases.

From a pure investment standpoint which is what anything for a retirement fund should be based off of there is no better bullion option than the stocks.

I don't play the price game. It's about weight and holdings to me.

It makes me think about the 1990s. You had the exact same silver on the market that exists today, but it got no love because it was cheap. People don't perceive value in things unless there's a dollar amount attached to it. So what's really dictating your opinions and value systems? Imaginary numbers called dollars vs real holdings in precious metals which is more valuable? Hmmm. The reverse is true for diamonds because of the tight control DeBeers has over those pieces of carbon. Would they be as amazing if they were not priced so astronomically?