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Thread: IT's a sin not to buy silver...

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    Re: IT's a sin not to buy silver...

    Quote Originally Posted by expat4ever View Post
    Back when I was an investor the general rule was always follow the big money. That rule served me well. All the talk lately has been about how the big money is going short and so many shorts shorting months or years worth of supply or some sheet. I dunno but to me the big money doesnt make moves to lose money so seemed like they were trying to bring it down or knew it was going down. The timing is perfect for the summer season as well so I am being patient.

    I started buying at about 11. I stopped at 24 or so. Then the run up and I bought on the way back down at 34. Sold a little at 28 and been buying again since the low 20's. I stopped again in Feb of this year.. Now just waiting. Honestly if there was a rebound today I probably would have bought a little but my gut says this is going lower. It is tempting though .
    It could go lower, but at $17.50 oz purchase price, a return of 100 percent is only $35.00 oz. Not unreasonable and to be easily expected...

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

    expat4ever (7th July 2015),milehi (7th July 2015)

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