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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
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cptindy
Penny Hoarding Member
572 Posts |
Posted - 07/30/2010 : 12:47:22
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My 2 cents
I think that the 7 week withdrawal is from those that are looking to cover up as many tracks as possible and the "actual silver" was never there to begin with. |
"It is the nature of the human species to reject what is true but unpleasant and to embrace what is obviously false but comforting"
" The average man doesn't want to be free. He wants to be safe."
H.L. Mencken
http://silver-news-today.com/ |
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Numis Pam
Penny Sorter Member
USA
63 Posts |
 Posted - 07/30/2010 : 17:46:01
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I invested steadily in small amounts of silver for years, long before I began investing in copper.
Articals like this just really make me giddy in hopes of a great return someday. I started out when I could purchase silver all day long for just 3X face so I had been finding it harder to allow myself to continue to purchase once it reached $15.00 an oz.
But articals like this make me want to start back at least purchasing smaller amounts again even tho it is getting closer to $20. oz now. I am not much of a gambler but I am starting to re think that perhaps it is still not much of gamble even at these prices today.
It also spoils me to getting copper at face right now so I am investing more of my $ in copper sorting. Thanks for shareing all those good silver articals! |
http://www.extrabux.com/r/4c6f54ba32 1% -27% cash back on purchases. Plus Refer Friends and Get $5 to Spend at Ebay or any of hundreds of participating online stores. |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 07/30/2010 : 21:17:51
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What I do to continue to encourage periodic buying is to tell myself I'm getting silver for 75% off. I am absolutely convinced that one of these days the banksters game will fall apart, the silver shortage become apparent to all, and silver explode upward. It wouldn't surprise me to see $80 an ounce within a year. Having just finished reading the Big Silver Melt I just learned that seventy-five percent of ALL (but the most highly valued at the time) circulating 90% coins were melted down in the late sixties!  And here I always thought the big smelts didn't occur until the Hunt price spike.  |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
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Sheikh_yer_BuTay
Penny Pincher Member
USA
232 Posts |
Posted - 07/31/2010 : 00:19:22
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| Gotta love the Mogambo! |
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wolvesdad
1000+ Penny Miser Member
USA
2164 Posts |
Posted - 07/31/2010 : 02:11:42
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Yes, it sounds good.... and yet, the 'big guns' have been able to keep the game going for at least 5 years of price growth.
The thing is, if that increase in consumption of silver has been largely by increase in bullion/invested silver. Then the price may not JUMP that quickly until that investment silver has also sold(once silver reaches $25-$35 an ounce). |
"May your percentages ever increase!" |
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Sheikh_yer_BuTay
Penny Pincher Member
USA
232 Posts |
Posted - 08/01/2010 : 07:37:12
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quote:
Originally posted by wolvesdad
Yes, it sounds good.... and yet, the 'big guns' have been able to keep the game going for at least 5 years of price growth.
The thing is, if that increase in consumption of silver has been largely by increase in bullion/invested silver. Then the price may not JUMP that quickly until that investment silver has also sold(once silver reaches $25-$35 an ounce).
Yes, they sure have... aided and abetted by the US Government! IF the Federal Reserve Note does collapse, silver and gold will not be available at any price in FRN's.
It could happen faster than most people think. One scenario would be for Russia, China, and OPEC to dump their dollars all at once. It would be catastrophic.
The OPEC dollar dump of 1979 gave us the $800 gold spike. I don't think our economy is strong enough to take a hit like that again. |
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misteroman
Administrator
USA
2565 Posts |
Posted - 08/01/2010 : 11:37:01
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| remember all that when silver the does skyrocket, there is a reason it did and it probably won't be a good one |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
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Nickelless
Administrator
USA
5580 Posts |
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Staggering Stats on Silver Supply
Forum Locked
