Earth_First
(1000+ posts)
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Fri Mar-14-08 02:53 PM
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Investors: Is the silver train worth jumping on? |
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I've been watching silver for about a year now come June when silver could be had for $9-10/ounce.
Should we jump on?
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selador
(706 posts)
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Fri Mar-14-08 02:55 PM
Response to Original message |
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retail tends to buy the highs, sell the low
silver was an awesome buy in the 7-9 range
now?
um. no
could get higher but the risk/reward is not compelling
gold, likewise was compelling 300-400 and offered some nice entries in the 500's and 700's
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ayeshahaqqiqa
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Fri Mar-14-08 02:57 PM
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2. wouldn't hurt to do it in a small way, at least |
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1 oz medallions could come in handy because of their intrinsic value. They will trade for food when paper dollars won't.
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mitchtv
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Fri Mar-14-08 03:02 PM
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3. when you don't want to give up gold |
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The gold is for when it's time to leave
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ayeshahaqqiqa
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Fri Mar-14-08 06:49 PM
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4. My husband bought some gold and silver on Monday |
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and the price of both have risen enough to pay the shipping costs.
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tuckessee
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Fri Mar-14-08 06:59 PM
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5. You're going to need something beyond US dollars. |
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What that is I don't know.
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DU
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Fri Apr 26th 2024, 08:33 PM
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