I'm expecting some horrible news to come out in the next few days which will send gold and silver soaring and equities tumbling, probably syria related. Hey guys i love 90% silver a lot and it consists of most of my stack I enjoy the history behind it and the fact that it is actual u.s I invest so much into 90% junk silver because i know it has a broad market and i have a good chance of recovering the premium i paid for it My question is if 40% junk silver is a viable investment opportunity At my lcs i can pick up 40% kennedies.
The starategy is as long as you can buy gold/silver with worthless fiat, its a good buy, thats the strategy, sure id rather buy gold for 1000 fiat dollars than 1500 fiat dollars, but in the long run it makes little difference, those holding paper when the financial musical chair stops will be financially completely wiped out, and those holding. I know you gold elitists like to say otherwise, but the geologists disagree This is just one example of how the folks who study this subject say silver is being used up at a very rapid rate I'm compiling more scientific analysis and will add later. Antique show last weekend many uneducated antique dealers had silver rounds and ase under spot.junk silver at lower prices than anywhere else Don't know enough about flatware to be a buyer.
The macd has been at these levels 3 previous times The corrections lasted 18 months, 16 months, and the washout in 2008 lasted 9 months There is no rush to get back in to the gold and silver stocks, imo There has been 3 parts to these corrections.first leg down I posted a couple weeks ago that i was going to stop buying silver and save up cash for awhile I paid off our van and just have our car payment
And i quit my job to start a business Here is where i am kinda struggling to look forward My wife has two sisters We have 3 kids, they have 0 So sister 1 her and her husband buy a porsche carrera conv There are very few sheep yet in the gold and silver markets
Falls are being treated as sales, so your scenario, a dream scenario for those accumulating just cannot happen. The elites have decided that china, a communist dictatorship, is the strong one, and the elites are doing whatever they can to make that happen including giving away our technology, jobs, silver, gold, and businesses. If you buy by the gram at current spot price do you realize what the spot price has to be just to break even Check out silver as you can accumulate far more ounce for less money and eventually trade for gold when the ratio is favorable
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