cheer along with me on the silver spike down!

Discussion in 'Bullion Investing' started by AlexN2coins2004, Sep 24, 2009.

  1. AlexN2coins2004

    AlexN2coins2004 ASEsInMYClassifiedAD

    I don't see how your bewildered how is getting 106 oz for the price of 100 oz just a couple days ago bewildering?

    and not everyone keeps buying when prices drop...alot of people think that means they will lose their money if it dips down...not realizing to just buy buy buy and ride it through
     
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  3. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    I heard the exact same thing back in the late 90s and year 2000 as it applied to tech stocks. The prior few years taught people to buy on the dips. They learned well, but when the NASDAQ crashed, many of them lost 90% of their investments. The ones on margin did much worse. I don't expect this to happen with silver, but I won't rule it out either. Just don't mistake what you said for some sort of sound investment strategy. It only applies in a few cases.
     
  4. Blue Angel

    Blue Angel Senior Member

    I am bewildered because any number of your threads in the past.....

    "What do you guys believe silver will do?"

    or maybe....

    "Why is silver going up?"

    "Yikes what's with the silver spike?"

    "Is silver on its way up or is this just temporary?"

    "Is it still a good time to buy ASE's or will they drop soon to buy more?"

    "When is the silver crash coming?"

    "let's all cheer for silver to drop like a rock"

    "Cheer along with me on the silver spike down!"

    Do you just think we don't get it?!
     
  5. Dammage

    Dammage Junior Member

    Oh cum on Cloud. Liten up a litle bit. :kewl:
     
  6. AlexN2coins2004

    AlexN2coins2004 ASEsInMYClassifiedAD

    I ask questions about stuff I don't know and others might actually have those answers I seek...is that bad? I was taught the only stupid question is the one not asked. Or does that not apply to Cointalk? where it sounds people should not ask questions nor be excited about coins or bullion.

    and I realize this will be attacked as well...:headbang::headbang::headbang: but is it wrong to be interested in not just the quality of your collection (as I have a split of mine from my bullion hoard) but to also be interested in the value of my collection and be able to see it as I have a collection I really really like and to be able to say it's also worth 5x-10x what I actually paid for it? it sounds like a win/win to me since I'm a bookkeeper and like to always see growth being a perfectionist.
     
  7. yakpoo

    yakpoo Member

    Silver...hell, commodities in general, can do pretty much anything they please. I bought some "junk silver" (circulated mercs and rosies) a couple of years ago from IRI @ $12.92 per Oz. I watched silver go up to almost $21 per Oz then back down to under $11 per Oz in a year...pretty amazing.
     
  8. AlexN2coins2004

    AlexN2coins2004 ASEsInMYClassifiedAD

    it's not the silver that decides to go up it's alot of factors that determine it. not saying it's perfect but news that comes out such as the housing market news (being held responible for the reason PM's have lost some of their gains) such news is kinda important to know ASAP if you are going to sell or going to buy since you could have lost $1/oz per oz sold now or could make you able to buy $1 more silver if you waited a couple days instead of buying on Wednesday it all goes to dollar cost averaging and aquiring the most silver for what your finances can afford
     
  9. yakpoo

    yakpoo Member

    I was just leafing through and October 2006 copy of Numismatic News. It had ASEs listed @ $13.80 each...Ahhh, those were the days!
     
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