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2011 GOLD high $1,500.00, SILVER high $24.00
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<p>[QUOTE="treehugger, post: 1071602, member: 28451"]There's a saying among speculators that goes, "Buy it when nobody wants it and sell it when everybody wants it." It has been true in housing and various stock sectors. Why would the same not be true in the precious metals arena? Another indicator that is used is when magazine covers begin highlighting how good something is or how bad something is. When that kind of public awareness occurs, it's supposedly time to do the opposite.</p><p> </p><p>As a collector, the price of silver doesn't mean all that much to me because I want a particular coin for what it is and I plan on keeping it. If a was a so-called "investor", I might seriously reflect upon the above-mentioned indicators. We humans often have short-term memory syndrome and tell ourselves, "Yeah. That was last time, but this time it's different." Even though our common sense circuit is telling us to take heed.[/QUOTE]</p><p><br /></p>
[QUOTE="treehugger, post: 1071602, member: 28451"]There's a saying among speculators that goes, "Buy it when nobody wants it and sell it when everybody wants it." It has been true in housing and various stock sectors. Why would the same not be true in the precious metals arena? Another indicator that is used is when magazine covers begin highlighting how good something is or how bad something is. When that kind of public awareness occurs, it's supposedly time to do the opposite. As a collector, the price of silver doesn't mean all that much to me because I want a particular coin for what it is and I plan on keeping it. If a was a so-called "investor", I might seriously reflect upon the above-mentioned indicators. We humans often have short-term memory syndrome and tell ourselves, "Yeah. That was last time, but this time it's different." Even though our common sense circuit is telling us to take heed.[/QUOTE]
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