Reply to Thread

Message:: [QUOTE="Travlntiques, post: 1946413, member: 39129"][USER=27832]@-jeffB[/USER]  Agreed 100%!There was a lot going on with the last price spike....and every bubble for that matter. With housing and the stock market going down hill fast, the safest place to put your money was in PM's and once the big dogs did so, others followed suit which created a lot of demand.So quite the contrary, when the prices spiked the "buyers" needed more inventory. Just look at all of the CASH FOR GOLD places that sprouted up during the boom. When Silver went to $40 it seemed like we were getting a flyer in the mail everyday from a different company trying to buy that old useless gold & silver that everyone has sitting around (LOL). There was a lot of money to be made if you had the capital to invest. Silver is still a lot higher than it had been for so long at only $5 an ounce, but depending on your level of confidence in paper money, $20 could be a buy point or it could be a sell point.[/QUOTE]