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Silver is below $25 an ounce!
Posted on 4/23/13 at 12:38 am
Posted on 4/23/13 at 12:38 am
I'm just reminding everyone that a while back I said silver was going to go down to $25 an ounce and I was told that I was crazy and that silver will never go down that low again. I was told that it was going over $100 an ounce before it ever went back to $25 an ounce.
Right now it is $23.22 an ounce.
It took a little longer than I thought it would but I predicted that it would hang around $32-37 an ounce for a while but once the investors realized it wasn't going back up then they would sell and the price would drop to $25 an ounce.
It's too late to sell now.
Right now it is $23.22 an ounce.
It took a little longer than I thought it would but I predicted that it would hang around $32-37 an ounce for a while but once the investors realized it wasn't going back up then they would sell and the price would drop to $25 an ounce.
It's too late to sell now.
5
Posted on 4/23/13 at 2:28 am to DawgfaninCa
I think I will buy some
This post was edited on 4/23/13 at 4:03 am
Posted on 4/23/13 at 6:37 am to DawgfaninCa
Buy low
Posted on 4/23/13 at 6:49 am to DawgfaninCa
I remember watching ABC News at night with my parents, growing up, and when they got to the NYSE and commodities report, silver was $7 and gold was under $300. Would've been a nice time to have bought.
Posted on 4/23/13 at 6:55 am to DawgfaninCa
quote:
Right now it is $23.22 an ounce
I wish I could get my weed that cheap.
Posted on 4/23/13 at 7:35 am to DawgfaninCa
What is a good entry point and what do you see for the next 12 months?
Posted on 4/23/13 at 8:22 am to lambertdawg
quote:
What is a good entry point and what do you see for the next 12 months?
Did you really just ask Dawgfaninca for financial advice?
You do realize he is posting from a computer at his local public library don't you?
Posted on 4/23/13 at 9:24 am to Jefferson Dawg
Did I say I was going to act on his opinion? I havent really ever tracked silver and I was curious of the opinion of someone who does. Commodities have been a real focus for many over the last few years and I'm just asking someone's opinion about what they think may happen.
Posted on 4/23/13 at 9:31 am to lambertdawg
roll it
Posted on 4/23/13 at 9:53 am to DawgCountry
Grab it! The stock market is due a drop and precious metals will rise in value before long. How long, I don't know the same thing I have to tell people all day long. At the end of the day all investments that are not FDIC insured are a gamble! Good luck!
Posted on 4/23/13 at 10:42 am to Jefferson Dawg
quote:
Did you really just ask Dawgfaninca for financial advice?
You do realize he is posting from a computer at his local public library don't you?
You are correct. I am not an expert and I don't want someone buying silver because I told them it was a good time to buy. After saying that, I think silver will probably go a little lower maybe just below $20 an ounce but not much lower than that.
Posted on 4/23/13 at 10:56 am to DawgfaninCa
Thanks for the financial advice! I just bought $100K in silver and I'm not selling till it tops $100/oz, which I'm sure will happen in the next 12 months!
Posted on 4/23/13 at 11:04 am to lambertdawg
quote:
Did I say I was going to act on his opinion? I havent really ever tracked silver and I was curious of the opinion of someone who does. Commodities have been a real focus for many over the last few years and I'm just asking someone's opinion about what they think may happen.
Ooooohhh... you gonna take that Jeff?
Posted on 4/23/13 at 11:13 am to Remington Dawg
quote:
t the end of the day all investments that are not FDIC insured are a gamble! Good luck!
"FDIC insured" = not a gamble???
Holy shite....
It's actually this mindset that makes silver and other precious metals such a necessary and wise investment.
Posted on 4/23/13 at 2:24 pm to lambertdawg
Posted on 4/23/13 at 5:22 pm to Remington Dawg
quote:
At the end of the day all investments that are not FDIC insured are a gamble!
Do you know how FDIC insurance works?
They guarantee you repayment within 99 years.
No joke.
If the banking system goes belly up, you've got a better shot at seeing your social security check than your FDIC money.
Posted on 4/23/13 at 6:13 pm to robby1220
Grow it yourself and you can.
Only problem I am having keeping it from getting stale.
I refuse to sell it...that causes problems
Only problem I am having keeping it from getting stale.
I refuse to sell it...that causes problems
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