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  1. #8
    Iridium
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    Re: So....

    Quote Originally Posted by Neuro View Post
    It’s a gigantic buy signal when silver is at more than 90:1 to gold. The house voted a $15 minimum wage (it will not pass senate, but it will probably by the end of next year after elections), and federal reserve lowered interest rates. These two things are very inflationary and this favors silver more than gold. Then you have the epic “cup and handle” which have been forming since 1980, and the “handle” part is about to break out. I wouldn’t be surprised if silver is at +$100/t.oz within a year.
    I like the way you think. I will say I have never, sold any of the silver I've bought over the years, bought in meager amounts. However, If silver hit's +$100 an oz, I will part with some 1 oz rounds or 10 oz bars I have. 90% junk is for SHTF and bartering, won't sell that. Coins are for when/if I am blessed to retire in 15-20 years...

    Silver has always been a long play investment. I'm bullish, but won't sell any silver anytime soon. Have silver for a plan in place, and set a price for when you'll sell. That is what silver is for.
    life is good.

  2. The Following 3 Users Say Thank You to Hitch For This Useful Post:

    monty (22nd July 2019),Neuro (21st July 2019),woodman (21st July 2019)

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