Oh, ok. Your point is a very valid one to make. We’ve been rather short sided with the mantra of “buy, buy, buy” but don’t really discuss at what rates and what times to sell. -Something we should definitely be spending more time to focus on.
Just the point that people often buy PM and then if they need FRN’s they sell at way lower than spot, because they are not sure at what percent of spot price they can get. All I’m saying is that we must not forget to take our profits while the chance presents itself. Peace
Um, of course I can sell it. -What sort of point are you trying to get across? Gold and silver will hold value, I can’t say the same for fiat money. In a hyperinflation situation, where the value of the dollar can jump up or down at breathtaking rates, I’d much rather be holding silver so as to sell off piece by piece (gaining the most from the value of the dollar for a particular day) rather than hold a volatile currency which is constantly depreciating.
I was talking about gold with my bank last week. They said : gold sells will stop in the coming years. How far from the truth is that ? I mean… even professionals are clueless.
I think I take a pauze now, Marc. Gold and silver are rising. I expect a rise to 1600 dollar per ounce before a small pull back to 1200 dollar per ounce.
The shorters got greedy and got caught. The party’s over. Suck it up, while those of us who actually bought real silver laugh all the way… Well, not to any bank I know, at least not these days. =^[.]^=
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Comments: 18 comments
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oc5nsli341nforce4
November 25th, 2009 at 3:17 pm
If people really learned the true value of PM and short supply it would be priced much higher than it is now.
Hendo1974
November 25th, 2009 at 3:17 pm
Yes, silver on the up, fundamentals were strong for up surge with gold then maybe a correction or not!Maybe too much rocket-juice to hold it back,LOL!
hiphopsocnroc
November 25th, 2009 at 3:17 pm
I beleive it is called ego.
AfterTheFox75
November 25th, 2009 at 3:17 pm
Oh, ok. Your point is a very valid one to make. We’ve been rather short sided with the mantra of “buy, buy, buy” but don’t really discuss at what rates and what times to sell. -Something we should definitely be spending more time to focus on.
Thanks and peace to you too!
hiphopsocnroc
November 25th, 2009 at 3:17 pm
Just the point that people often buy PM and then if they need FRN’s they sell at way lower than spot, because they are not sure at what percent of spot price they can get. All I’m saying is that we must not forget to take our profits while the chance presents itself. Peace
Also, you are correct in your comments.
AfterTheFox75
November 25th, 2009 at 3:17 pm
I stand corrected! Thanks.
AfterTheFox75
November 25th, 2009 at 3:17 pm
Um, of course I can sell it. -What sort of point are you trying to get across? Gold and silver will hold value, I can’t say the same for fiat money. In a hyperinflation situation, where the value of the dollar can jump up or down at breathtaking rates, I’d much rather be holding silver so as to sell off piece by piece (gaining the most from the value of the dollar for a particular day) rather than hold a volatile currency which is constantly depreciating.
ewffaces7
November 25th, 2009 at 3:17 pm
I was talking about gold with my bank last week. They said : gold sells will stop in the coming years. How far from the truth is that ? I mean… even professionals are clueless.
ewffaces7
November 25th, 2009 at 3:17 pm
Gold to the moon
Silver beyond Pluto
Don’t forget that.
ewffaces7
November 25th, 2009 at 3:17 pm
I think I take a pauze now, Marc. Gold and silver are rising. I expect a rise to 1600 dollar per ounce before a small pull back to 1200 dollar per ounce.
stagflation2010
November 25th, 2009 at 3:17 pm
Thanks for this audio/video post as well as all the audios/videos that you post.
mrgoodvibrations
November 25th, 2009 at 3:17 pm
the average American hasn’t a clue to whats going on
mrgoodvibrations
November 25th, 2009 at 3:17 pm
Yippie yahoo up up and away
toshibavoodoo
November 25th, 2009 at 3:17 pm
great
Raycheetah
November 25th, 2009 at 3:17 pm
The shorters got greedy and got caught. The party’s over. Suck it up, while those of us who actually bought real silver laugh all the way… Well, not to any bank I know, at least not these days. =^[.]^=
watcher0777
November 25th, 2009 at 3:17 pm
thnks for posting, worth while
hiphopsocnroc
November 25th, 2009 at 3:17 pm
Just make sure you can sell it. Peace
AfterTheFox75
November 25th, 2009 at 3:17 pm
Great post. Silver to the moon baby!
Thanks
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