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<p>[QUOTE="dctjr80, post: 1127813, member: 15915"]Don't hold your breath on that statement! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p>Less than two years ago I was buying up silver at 10 bucks an ounce all day to resell when it popped over 20 an ounce. Silver was 50 an ounce for a minute in the 80's than crashed for the rest of the 80's all the way through the 90's at only $4 to $7 Dollars an ounce. Precious metals are very volatile and always subject to change and most likely will be at the lowest price they have been in years the minute you need to liquefy some for cash. Poor, Poor, Poor investment strategy!</p><p><br /></p><p>Personally I am waiting for it to come back to the $10 - $15 range before I buy any silver for the sake of holding for future profits. I believe it will not fall below $10 again, but that is not even a guarantee. It is also my personal guess that silver is very high at this time and even if it hit $40-$50 for a min it will most likely crash back below $20 again.[/QUOTE]</p><p><br /></p>
[QUOTE="dctjr80, post: 1127813, member: 15915"]Don't hold your breath on that statement! ;) Less than two years ago I was buying up silver at 10 bucks an ounce all day to resell when it popped over 20 an ounce. Silver was 50 an ounce for a minute in the 80's than crashed for the rest of the 80's all the way through the 90's at only $4 to $7 Dollars an ounce. Precious metals are very volatile and always subject to change and most likely will be at the lowest price they have been in years the minute you need to liquefy some for cash. Poor, Poor, Poor investment strategy! Personally I am waiting for it to come back to the $10 - $15 range before I buy any silver for the sake of holding for future profits. I believe it will not fall below $10 again, but that is not even a guarantee. It is also my personal guess that silver is very high at this time and even if it hit $40-$50 for a min it will most likely crash back below $20 again.[/QUOTE]
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