Investors: Is the silver train worth jumping on?
Earth_First
(1000+ posts)
Send PM |
Profile |
Ignore
Fri Mar-14-08 02:53 PM
Original message
Investors: Is the silver train worth jumping on?
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?
selador
(706 posts)
Send PM |
Profile |
Ignore
Fri Mar-14-08 02:55 PM
Response to Original message
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
ayeshahaqqiqa
(1000+ posts)
Send PM |
Profile |
Ignore
Fri Mar-14-08 02:57 PM
Response to Original message
2. wouldn't hurt to do it in a small way, at least
1 oz medallions could come in handy because of their intrinsic value. They will trade for food when paper dollars won't.
mitchtv
(1000+ posts)
Send PM |
Profile |
Ignore
Fri Mar-14-08 03:02 PM
Response to Reply #2
3. when you don't want to give up gold
The gold is for when it's time to leave
ayeshahaqqiqa
(1000+ posts)
Send PM |
Profile |
Ignore
Fri Mar-14-08 06:49 PM
Response to Reply #3
4. My husband bought some gold and silver on Monday
and the price of both have risen enough to pay the shipping costs.
tuckessee
(1000+ posts)
Send PM |
Profile |
Ignore
Fri Mar-14-08 06:59 PM
Response to Original message
5. You're going to need something beyond US dollars.
What that is I don't know.
DU
AdBot (1000+ posts)
Tue May 07th 2024, 06:46 PM
Response to Original message
Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators
Important Notices: By participating on this discussion
board, visitors agree to abide by the rules outlined on our Rules
page. Messages posted on the Democratic Underground Discussion Forums are the
opinions of the individuals who post them, and do not necessarily represent
the opinions of Democratic Underground, LLC.