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wagsthadog
Penny Pincher Member
USA
191 Posts |
 Posted - 09/11/2008 : 11:29:10
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Hi all,
Just wondering how low everyone thinks silver will go before the bloodbath is over.
$9?
Hey, if it goes to $1 an ounce, maybe the US mint will start making silver coinage again, starting us on the right track- And I'll start taking my paychecks in quarters.
NAH!
wags
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kieblera5
Penny Collector Member
USA
331 Posts |
Posted - 09/11/2008 : 20:55:56
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quote:
Originally posted by wagsthadog
Hi all,
Just wondering how low everyone thinks silver will go before the bloodbath is over.
$9?
Hey, if it goes to $1 an ounce, maybe the US mint will start making silver coinage again, starting us on the right track- And I'll start taking my paychecks in quarters.
NAH!
wags
I was reading an article today about silver prices... Don't recall where it was ATM. However, it said that most likely prices will start to turn around at 10.25. This was based on the past and some percentages and other math that I don't remember. Again, no one can predict, only sit back and watch. |
Democracy is being allowed to vote for the candidate you dislike least.
Never argue with an idiot. They will drag you down to their level and then beat you mercilessly with experience.
An Obama nation is an abomination.
There's more money in one cent than in a dollar bill. |
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Nickelless
1000+ Penny Miser Member
USA
1340 Posts |
Posted - 09/11/2008 : 22:38:00
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quote:
Originally posted by wagsthadog
Just wondering how low everyone thinks silver will go before the bloodbath is over.
Tell us what's so bad that silver is dropping to half the spot price it was back in March. It's a GREAT BUYING OPPORTUNITY. Like I've said before, if you're wringing your hands over the fact that silver has dropped because it means that your stash is worth less at the moment, you're missing a HUGE chance to buy cheap silver right now if you can find it. The cold, hard fact is that the U.S. dollar and every other fiat currency will eventually die, regardless of what market manipulation is occurring right now. Buy all the silver while you can while it's cheap. What good is it if you decide you're going to wait until it hits $20 before you buy more? Nobody in their right mind sits out when there's a sale anywhere else because they'd rather pay full price after the bargains are gone.
On a related note, I just saw this article on Kitco.com:
http://economictimes.indiatimes.com/Market_News/Falling_silver_on_buyers_priority/articleshow/3468881.cms |
Why hyperinflation is inevitable...and very soon:
http://www.shadowstats.com/article/292
http://www.ChrisMartenson.com |
Edited by - Nickelless on 09/11/2008 22:40:49 |
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daviscfad
Penny Pincher Member
179 Posts |
Posted - 09/11/2008 : 22:58:13
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| I have found that the lower the silver goes the higher the spot prices go |
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TenBears
Penny Hoarding Member
873 Posts |
Posted - 09/12/2008 : 09:00:04
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| $10.54 at 10:00 eastern time. We may see single digit silver. |
"Rich," the Old Man said dreamily, "is not baying after what you can't have. Rich is having the time to do what you want to do. Rich is a little whiskey to drink and some food to eat and a roof over your head and a fish pole and a boat and a gun and a dollar for a box of shells. Rich is not owing any money to anybody, and not spending what you haven't got." Robert Ruark
there are too wild Indians...
there are too wild Indians...
there are too wild Indians...-----still taunted
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Single Digit Silver?
