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Old 11-21-2011, 17:00   #1101
Teh_Stone
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I think oil futures might be a better idea than PM if you believe that middle eastern unrest will increase in the coming months... it increases the security premium of a barrel of oil more reliably and quickly than it increases gold & silver prices.
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Old 11-21-2011, 17:44   #1102
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Whatever asshat thinks that is a good idea should be tried for treason
Agreed 100%. Weakening our economy is a huge national security issue. Tried for treason and executed.
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Old 11-22-2011, 00:09   #1103
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Mhhmmm...looks like we're coming to an end game economically right?

I'd bet money Silver STILL won't break to $37 any time soon...

-Emt1581
Based on what and please define "any time soon"...
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Old 11-22-2011, 04:57   #1104
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Based on what and please define "any time soon"...

Recent history.

A few months to years...who knows the limits of this?!?!

What I'd like to do at this point is find some way to invest in the BS. Until the bubble bursts and an a SHTF breaks out I think it'll just perpetuate itself as it's been doing.

-Emt1581

Last edited by emt1581; 11-22-2011 at 05:00..
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Old 11-22-2011, 05:58   #1105
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You might want to make yourself comfortable, this could take a while.

-Emt1581
It won't seem long in retrospect. And when it happens, it will happen quickly.
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Old 11-30-2011, 15:25   #1106
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http://www.foxbusiness.com/markets/2...est=latestnews

We're in debt up to our eye balls and now this!!!?!....REALLY?!?!?

-Emt1581
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Old 11-30-2011, 17:51   #1107
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http://www.foxbusiness.com/markets/2...est=latestnews

We're in debt up to our eye balls and now this!!!?!....REALLY?!?!?

-Emt1581
Just more playing kick the can to delay the inevitable.
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Old 11-30-2011, 19:45   #1108
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bad feeling!

I am not sophisticated in gold/commodities etc, but I just have a real bad feeling from the cumulative "parade of horribles" we are watching unfold...... the Chicago Mercantile Exchange had its first bankruptcy/default in history ..... and look at Europe!.... and our super committee flunked....kicked the can again , even after they have said we can't kick the can down the road anymore.... I cant afford to invest in PM's so I just invest in lead! but I sure watch the PM and oil situation.....not good!!!!
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Old 12-11-2011, 12:00   #1109
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Is A Physical Silver Shortage Spike Imminent?

http://www.zerohedge.com/news/physic...spike-imminent
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Old 12-11-2011, 12:06   #1110
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Gold $1900oz......



Bubble
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$100 to go and I win my bet with my stock broker.
What was the timeline on that bet...?
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Old 12-14-2011, 19:29   #1111
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Really??? No one is going to say anything?

There's got to be at least one more "YAY!! Another buying opportunity!!" left in someone...after all Silver DID just drop below $30.

-Emt1581
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Old 12-15-2011, 14:56   #1112
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Many of us seasoned silver investors are well used to this. Consider it a Christmas gift. If you had bought back when you first started this thread, you would still be smiling.

SC

Last edited by SilverCity; 12-15-2011 at 15:33..
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Old 12-15-2011, 15:35   #1113
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I am guessing that Ruble Noon's bet didn't pan out.
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Old 12-15-2011, 16:05   #1114
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Many of us seasoned silver investors are well used to this. Consider it a Christmas gift. If you had bought back when you first started this thread, you would still be smiling.

SC
I bought before AND after. Unfortunately, I didn't get into silver until just before it took off and at that time it was maybe 1/4 of what I have now...maybe less. The rest was bought after this current price.

So are you in the "buying opportunity" crowd yet/always?

Again, if the world will not recognize reality...what's the point in buying any more? I used to think the markets, currency, etc. would crash/collapse and the PM's would be useful.

-Emt1581
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Old 12-15-2011, 16:21   #1115
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Well, I started buying at $4.50. Fully loaded under $7. Came on this forum and tried to encourage folks to buy when it was still under $10. Got a lot of grief then. Most of those detractors are gone or silent now.

Cost averaging is a good thing. If you are not convinced and can't sleep at night, then maybe riding the silver roller coaster ain't for you. You are still well served storing food, water, filters, guns, ammo and other preps.

SC
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Old 12-16-2011, 11:12   #1116
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Cost averaging is a good thing. If you are not convinced and can't sleep at night, then maybe riding the silver roller coaster ain't for you. You are still well served storing food, water, filters, guns, ammo and other preps.
Plus, from a preparedness point of view, you shouldn't look at silver/gold as "an investment". So the price goes up, then it goes down, then it goes up. So what.

It's a prep. . When the national debt is $25T and every many, woman and child owes $83K, not to mention all of the unfunded liabilities, silver and gold will rise as the dollar dies. Doesn't matter if silver goes to $2 tomorrow. When the dollar crashes, silver and gold will increase in value. .

And if you have some, you will be glad that you do.
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Old 12-16-2011, 11:38   #1117
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Cost averaging is a good thing.
SC
Indeed. My supplier has a program like that...you pick a dollar amount and a frequency, when that time rolls around he sends me $x worth of silver. He bills my account every month, I don't have to deal with it. Over the year it balances out the highs and lows.
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Old 12-16-2011, 14:09   #1118
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The only things holding back gold/silver at this point is the strength of the U.S. dollar as people really do consider it more reliable than most other currencies still, and people liquiding their positions to cover other stuff.

I'm waiting to see if gold might drop below $1500 but even $1600 may be a bargain compared to where it will be in a year from now. If Obama wins next year, hold on to your hats.

Last edited by cowboy1964; 12-16-2011 at 14:10..
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Old 12-26-2011, 13:28   #1119
Damon Sriv
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I am not sophisticated in gold/commodities etc, but I just have a real bad feeling from the cumulative "parade of horribles" we are watching unfold...... the Chicago Mercantile Exchange had its first bankruptcy/default in history ..... and look at Europe!.... and our super committee flunked....kicked the can again , even after they have said we can't kick the can down the road anymore.... I cant afford to invest in PM's so I just invest in lead! but I sure watch the PM and oil situation.....not good!!!!
Right now 90% quarters are running about 5 bucks a piece. Skip lunch 5 days this week and you can own an oz of silver or 5-6 quarters. or buy one quarter a week. thats 52 quarters or roughly 9 oz by the end of the year.
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Old 12-26-2011, 21:14   #1120
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I think a better way is to buy $ x every y time period. That way you buy more when it's cheap and less when it's expensive.
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Old 12-28-2011, 14:59   #1121
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Gold and silver down HUGE today. Can't really tell why from the news. The Iran/Persian Gulf war is getting closer, oil is skyrocketing, Europe is still going to go bust, and Obama is asking for another $1.5 trillion in debt ceiling increase.

It appears demand is way down and the U.S. dollar is stronger. I think $1300 gold may be coming if this keeps up. < $20 silver. At the proverbial "end of the day", the U.S. dollar is going to be the final "safe haven", regardless of how big our debt is.

Last edited by cowboy1964; 12-28-2011 at 15:07..
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Old 12-28-2011, 16:30   #1122
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Anybody want to wager on Gold hitting $2k now?
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Old 12-28-2011, 16:35   #1123
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Silver is down about where it started the year.

Gold is still up about $200 on the year.

I am watching for January buying.

Sick of all this manipulation? Vote Ron Paul.

SC
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Old 12-28-2011, 17:23   #1124
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Sick of all this manipulation? Vote Ron Paul.

SC
Yeah, let's return to the Gold Standard.
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Old 12-28-2011, 17:44   #1125
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More like DEFUND the criminal facist U.S. government.



SC

Last edited by SilverCity; 12-29-2011 at 13:52..
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