Discussion in 'Bullion Investing' started by Gam3rBlake, Nov 17, 2020.
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Bought any what?
Sal, I wish you would get into the habit of using the "Reply" button before you post your comments so we will know who or what you are referring to.
No! You don't!
As of right now silver is over priced. I wouldn't buy any right now for use as an investment. The price should drop below $20.00 per ounce in the relatively near future.
Hmm I understand your views.
However I think with the political instability right now Gold & Silver prices are only going to go up so if I don’t buy now I’ll be paying more in the future.
Not only that but the economic damage that would result from a Democrat in the WH would also probably result in higher prices for precious metals.
We haven’t seen it happen yet because we still aren’t sure whether Trump or Biden will win the recounts but once it’s certain which candidate has won the presidency I believe the stock market will respond accordingly.
From what I’ve read on Barrons and heard from financial analysts like Jim Cramer the stock market is due for a big hit due to Democrats supporting anti-Wall Street policies.
So if Wall Street is going to be hurting soon I imagine gold & silver prices will go up as usually precious metals & the stock market go in opposite directions.
So 10% silver and 90% gold and keep stacking from there?
I hold gold, started out as a collection and before I realized it the price was flowing upward in a big way! Then Coronavirus hit and the price went upward even more! I have very little silver, I like gold so that's what I hold!
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