Comments on: silver surge . . . because of the comex trading limits coming next month ?

By: oc5nsli341nforce4

oc5nsli341nforce4 — Wed, 25 Nov 2009 19:17:25 +0000

If people really learned the true value of PM and short supply it would be priced much higher than it is now.

By: Hendo1974

Hendo1974 — Wed, 25 Nov 2009 19:17:25 +0000

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!

By: hiphopsocnroc

hiphopsocnroc — Wed, 25 Nov 2009 19:17:25 +0000

I beleive it is called ego.

By: AfterTheFox75

AfterTheFox75 — Wed, 25 Nov 2009 19:17:25 +0000

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!

By: hiphopsocnroc

hiphopsocnroc — Wed, 25 Nov 2009 19:17:25 +0000

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.

By: AfterTheFox75

AfterTheFox75 — Wed, 25 Nov 2009 19:17:25 +0000

I stand corrected! Thanks.

By: AfterTheFox75

AfterTheFox75 — Wed, 25 Nov 2009 19:17:25 +0000

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.

By: ewffaces7

ewffaces7 — Wed, 25 Nov 2009 19:17:25 +0000

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.

By: ewffaces7

ewffaces7 — Wed, 25 Nov 2009 19:17:25 +0000

Gold to the moon
Silver beyond Pluto

Don’t forget that.

By: ewffaces7

ewffaces7 — Wed, 25 Nov 2009 19:17:25 +0000

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.