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<p>[QUOTE="InfleXion, post: 1351510, member: 29012"]My 4 cents.. through the colored glasses of my choice. </p><p><br /></p><p>1. Core position in my mind seems open to interpretation. The question I've heard posed before that I agree with is that if you ask yourself whether or not you need more, and the answer is no. That's when you've reached your core position. If I were to put a number on it, I would say anything over 100 ounces is a good start. For me personally, the question is different, which is do I have enough silver to sustain my quality of life for a year, or at least not live uncomfortably. </p><p><br /></p><p>2. I hardly even watch the short term movements anymore. Available supply demands higher prices. It's a matter of time for those who have the patience to wait. I could point to this or that on the chart and make a case for this, but it's a paper denominated price. The chart doesn't really mean much in the real world other than that it sets the price you can purchase at. I buy as much as I can comfortably spare every paycheck, literally. I did it when silver was $40, and I'm doing it while silver is $30. If it goes to $20, great, but there may come a day when you're ready to buy the farm only to find out that the barn is empty. I'm in the barn right now collecting eggs. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> </p><p><br /></p><p>3. Typically markets move ahead of the news on insider trading, so I think the money has been moved to some degree. I don't think Greece will bring down the Euro, but if other indebted nations follow, which odds are they will, that could spell trouble. Short term I think it would create flight to the USD, but if Lindsey Williams' track record is to remain intact the USD will follow the fate of the Euro within a matter of weeks in such a scenario. To me that says temporary buying opportunity.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1351510, member: 29012"]My 4 cents.. through the colored glasses of my choice. 1. Core position in my mind seems open to interpretation. The question I've heard posed before that I agree with is that if you ask yourself whether or not you need more, and the answer is no. That's when you've reached your core position. If I were to put a number on it, I would say anything over 100 ounces is a good start. For me personally, the question is different, which is do I have enough silver to sustain my quality of life for a year, or at least not live uncomfortably. 2. I hardly even watch the short term movements anymore. Available supply demands higher prices. It's a matter of time for those who have the patience to wait. I could point to this or that on the chart and make a case for this, but it's a paper denominated price. The chart doesn't really mean much in the real world other than that it sets the price you can purchase at. I buy as much as I can comfortably spare every paycheck, literally. I did it when silver was $40, and I'm doing it while silver is $30. If it goes to $20, great, but there may come a day when you're ready to buy the farm only to find out that the barn is empty. I'm in the barn right now collecting eggs. :D 3. Typically markets move ahead of the news on insider trading, so I think the money has been moved to some degree. I don't think Greece will bring down the Euro, but if other indebted nations follow, which odds are they will, that could spell trouble. Short term I think it would create flight to the USD, but if Lindsey Williams' track record is to remain intact the USD will follow the fate of the Euro within a matter of weeks in such a scenario. To me that says temporary buying opportunity.[/QUOTE]
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