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<p>[QUOTE=&quot;1970 Silver Art, post: 1161952, member: 18828&quot;]I will not sell December $50 calls that because I do not understand calls and puts.&nbsp; I did, however, sell some 1-oz common minted &#039;70&#039;s silver art bars to a local dealer for a paper profit at various times during this silver run up.&nbsp; I used that paper profit to buy some very rare 1-oz &#039;70&#039;s silver art bars that were on my silver art bar wish list.&nbsp; In other words this silver run-up allowed me to upgrade my silver art bar collection to consist of more rare silver art bars that I wanted.&nbsp;&nbsp; Since silver willl NOT hit $50 this year, It was smart for me to go ahead and take a paper profit on the common minted &#039;70&#039;s silver art that I no longer wanted and to use that paper profit to buy the rare 1-oz &#039;70&#039;s silver art bars that I was looking for since this is my hobby.&nbsp; Despite my gut feeling prediction that silver will NOT hit $50 in 2011, I am still buying silver but I am a collector that is concentrating on buying the rare collectable 1-oz silver art bars that were minted in the 1970&#039;s.&nbsp; </p><p><br /></p><p>I also want to state to you that I am just a silver art bar collector with an opinion about what silver will do in the short term.&nbsp; I also want to state that in the long term, I think that silver will eventually hit (and surpass) $50 because the long term negative fundamentals did not change.&nbsp; In the short term, it will get smacked down and it will not hit $50 this year.&nbsp;&nbsp; BTW I have stated my gut feeling prediction on 2 other threads.&nbsp; I think that the &quot;No $50 Thread&quot; was closed and I could not state my gut feeling prediction.[/QUOTE]</p><p><br /></p>

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