Anyone else getting slaughtered?

Discussion in 'Bullion Investing' started by Peter T Davis, May 5, 2011.

  1. Peter T Davis

    Peter T Davis Hammer at the Ready Moderator

    Been a bad week for Silver. Been a great week for America, but sucks if you are invested in silver.
     
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  3. garfiun1

    garfiun1 New Member

    The price is plummeting hope i can get some money together to get some stock before it raises again. 65p per gram.
     
  4. vertstang86

    vertstang86 Member

    no, its all commodities... its a financial tactic used on WS to manipulate the price of silver, by having computers calculate seconds after the stock market what to do... It is a failed method if making the dollar "look" higher in terms of value. whatever you do, DONT panic sell!!!!
     
  5. garfiun1

    garfiun1 New Member

    Its a good time at the moment loads of people are panic selling so im going to get some investing going.
     
  6. vertstang86

    vertstang86 Member

    Good idea, though it has gone up since the weekend... I prefer buying when the price is frozen :)
     
  7. garfiun1

    garfiun1 New Member

    Its gone up but not a lot though, More for your money is always best.
     
  8. Peter T Davis

    Peter T Davis Hammer at the Ready Moderator

    It's all over the place now. I'm thinking it's a normal correction at this point, but who knows.
     
  9. sreekumar

    sreekumar New Member

    No more going down. Book fresh orders at every fall. Correction helps you to do so.
     
  10. garfiun1

    garfiun1 New Member

    Well its been steady at 70p for a few days now.
     
  11. sreekumar

    sreekumar New Member

    You would not repent booking it even now since there is long journey left.
     
  12. johandr

    johandr New Member

    yeah i lost about 2000$, hope it recovers soon!
     
  13. Gamer

    Gamer New Member

    It'll rise again eventually, don't panic, I'd even buy more as 70p is really low, lower than before...
    A lot of people are panic selling, which is good, since it gives you the opportunity to buy at cheaper prices, take advantage of this!
     
  14. vest007

    vest007 New Member

    Every rise has an equal and opposite fall. You guys were making money when silver rocketed upwards at a pace that bewildered many. Clever ones sold their holdings and moved forward. The unlucky ones always get trapped. Now it will take years for silver to reach that level, unless if some miracle suddenly happens.
     
  15. tbirdzig

    tbirdzig New Member

    I think it is GREAT I always look at something bad and make something positive! Hey you can buy more silver at great prices! Low prices = More SILVER! LOL Always look at the bright side of things do not focus on the bad.
     
  16. Sky9Media

    Sky9Media New Member

    I have a big personal investment of silver that I've been slowly collecting over the past 3 years. It's all physical weight in jewelry, nic nacs, and so on, but still sucks to see the silver drop to that low.
     
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