Should I buy Silver and Gold?

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  • jiesen
    Senior Member
    • Sep 2003
    • 5321

    #61
    Agreed... Silver is headed right back up to $20, just as gold and oil will revisit former highs once the printing presses get back to work.

    By the way, any word yet on when we get another stimulus check?

    Comment

    • IIC
      Senior Member
      • Nov 2003
      • 14938

      #62
      Originally posted by jiesen View Post
      Agreed... Silver is headed right back up to $20, just as gold and oil will revisit former highs once the printing presses get back to work.

      By the way, any word yet on when we get another stimulus check?
      I never got the first check
      "Trade What Is Happening...Not What You Think Is Gonna Happen"

      Find Tomorrow's Winners At SharpTraders.com

      Follow Me On Twitter

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      • spikefader
        Senior Member
        • Apr 2004
        • 7175

        #63
        Want to see it strengthen a little I reckon.

        Chart of SLV.jpg
        Attached Files

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        • peanuts
          Senior Member
          • Feb 2006
          • 3365

          #64
          Originally posted by spikefader View Post
          Want to see it strengthen a little I reckon...
          When Spike reckons, it is best to listen. Silver traded as low as $12.50 an ounce! YIKES!!!

          In an odd note, however, it seems that acquiring the physical metal is much more difficult than actually buying the paper product. I noticed that buyers on eBay are still willing to pay anywhere from 17.50 to 20+ per ounce for silver auctions. Just do a search for "999 silver bar" in eBay's internal search engine, and you'll see what I'm talking about.

          $12.50 is an amazing price... Silver traded as high as $22 in March this year.
          Hide not your talents.
          They for use were made.
          What's a sundial in the shade?

          - Benjamin Franklin

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          • New-born baby
            Senior Member
            • Apr 2004
            • 6095

            #65
            Originally posted by IIC View Post
            I never got the first check
            They didn't send them out to rich people. Nor to housewives. My wife got nothing, but my children did.
            pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

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            • IIC
              Senior Member
              • Nov 2003
              • 14938

              #66
              "Trade What Is Happening...Not What You Think Is Gonna Happen"

              Find Tomorrow's Winners At SharpTraders.com

              Follow Me On Twitter

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              • peanuts
                Senior Member
                • Feb 2006
                • 3365

                #67
                WOWOWEEE!!!!

                Did you see the move in GLD and SLV today? Is the US dollar dead or what? It seems that everyone is running for safety.


                Hide not your talents.
                They for use were made.
                What's a sundial in the shade?

                - Benjamin Franklin

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                • IIC
                  Senior Member
                  • Nov 2003
                  • 14938

                  #68
                  Peanuts...Darn...I meant to email you yesterday to tell you that Gold had bottomed
                  "Trade What Is Happening...Not What You Think Is Gonna Happen"

                  Find Tomorrow's Winners At SharpTraders.com

                  Follow Me On Twitter

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                  • peanuts
                    Senior Member
                    • Feb 2006
                    • 3365

                    #69
                    Originally posted by IIC View Post
                    Peanuts...Darn...I meant to email you yesterday to tell you that Gold had bottomed
                    That's OK, just tell me what is going to happen on September 22... before it happens.

                    I hope all is well enough for you in TX.
                    Hide not your talents.
                    They for use were made.
                    What's a sundial in the shade?

                    - Benjamin Franklin

                    Comment

                    • IIC
                      Senior Member
                      • Nov 2003
                      • 14938

                      #70
                      Originally posted by peanuts View Post
                      That's OK, just tell me what is going to happen on September 22... before it happens.

                      I hope all is well enough for you in TX.

                      I didn't go but I did send people..they already came back...minimal damage...thx
                      "Trade What Is Happening...Not What You Think Is Gonna Happen"

                      Find Tomorrow's Winners At SharpTraders.com

                      Follow Me On Twitter

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                      • peanuts
                        Senior Member
                        • Feb 2006
                        • 3365

                        #71
                        These cash alternative assets are still performing well. Hedging the dollar with Silver and Gold seems to be a no-brainer for the moment.

                        Anyone have some thoughts regarding buying now? What should be bought? The physical metal, the mining companies, or the ETFs? Or is this recent upswing a selling opportunity?
                        Hide not your talents.
                        They for use were made.
                        What's a sundial in the shade?

                        - Benjamin Franklin

                        Comment

                        • peanuts
                          Senior Member
                          • Feb 2006
                          • 3365

                          #72
                          Originally posted by peanuts View Post
                          These cash alternative assets are still performing well. Hedging the dollar with Silver and Gold seems to be a no-brainer for the moment.

                          Anyone have some thoughts regarding buying now? What should be bought? The physical metal, the mining companies, or the ETFs? Or is this recent upswing a selling opportunity?
                          Nobody has an opinion? Let's go sheeple!
                          Hide not your talents.
                          They for use were made.
                          What's a sundial in the shade?

                          - Benjamin Franklin

                          Comment

                          • skiracer
                            Senior Member
                            • Dec 2004
                            • 6314

                            #73
                            i have a bunch of silver quarters available for sale. they range in date from 1932 to 1964 and are in good condition but nothing in mint or near mint. they are good for the intrisinc value of silver coin to anyone that is interested. if you are you can pm me here or post your interest here.
                            I like silver here at this level and am of the opinion that it goes back to $20 or so by years end.
                            THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

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                            • IIC
                              Senior Member
                              • Nov 2003
                              • 14938

                              #74
                              Good to see you Ski.

                              Peanuts...only stock I own is SSRI...I'm dn 3 bux a share

                              ...Doug
                              "Trade What Is Happening...Not What You Think Is Gonna Happen"

                              Find Tomorrow's Winners At SharpTraders.com

                              Follow Me On Twitter

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                              • skiracer
                                Senior Member
                                • Dec 2004
                                • 6314

                                #75
                                Originally posted by IIC View Post
                                Good to see you Ski.

                                Peanuts...only stock I own is SSRI...I'm dn 3 bux a share

                                ...Doug
                                i am alive and well doug. this economic disaster in the mortage and banking industry is going to cost me and my principals big time bucks. but the only thing important to me is one's health, mental capacities, and the desire and drive to put together the next deal. i hope everything is well with you doug. i am sure your business is being affected by all of this.
                                THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

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