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fyi Worst Case Scenario: Late April 1987 Silver Plunge (4/28/87 ~ -35% 1-Day Loss)
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<p>[QUOTE="AlexN2coins2004, post: 1607728, member: 19049"]I think your missing the main point that cloud is giving you...look at your above posted chart...</p><p><br /></p><p>would you rather sell in march-april or may-june? I'd personally go for the march-april time myself...the price is going up everyday and one would think logically that buyers would be around at that point more so since the price is going up based on people buying in and raising the price up...people are more willing to buy in an up market then in a down market...why would anyone buy in a market that is just going down? people are greedy for one...who knows when the down arrows are going to stop? the way I see that small hickup in may that it's going down then up a few bucks then back down to $35 is the smart people sold off and took back some of their money and the buyers figured it would just go back up and after a bit it did go back up and steadily through the months gained back but then dropped off like a rock in september </p><p>there's 2 ways in the PMs market... the "inflation" long term play cause your afraid of inflation...or the "investing" looking for a quick buck or 3...if your looking for growth in your money supply invest and sell in up markets...if your worried about inflation and want to hold the value hold long term and you'll keep most of it...assuming your not buying in during an up market that is...</p><p><br /></p><p><span style="color: #000000"><br /></span></p><p><span style="color: #000000"><br /></span></p><p><span style="color: #000000"></span>[/QUOTE]</p><p><br /></p>
[QUOTE="AlexN2coins2004, post: 1607728, member: 19049"]I think your missing the main point that cloud is giving you...look at your above posted chart... would you rather sell in march-april or may-june? I'd personally go for the march-april time myself...the price is going up everyday and one would think logically that buyers would be around at that point more so since the price is going up based on people buying in and raising the price up...people are more willing to buy in an up market then in a down market...why would anyone buy in a market that is just going down? people are greedy for one...who knows when the down arrows are going to stop? the way I see that small hickup in may that it's going down then up a few bucks then back down to $35 is the smart people sold off and took back some of their money and the buyers figured it would just go back up and after a bit it did go back up and steadily through the months gained back but then dropped off like a rock in september there's 2 ways in the PMs market... the "inflation" long term play cause your afraid of inflation...or the "investing" looking for a quick buck or 3...if your looking for growth in your money supply invest and sell in up markets...if your worried about inflation and want to hold the value hold long term and you'll keep most of it...assuming your not buying in during an up market that is... [COLOR=#000000] [/COLOR][/QUOTE]
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fyi Worst Case Scenario: Late April 1987 Silver Plunge (4/28/87 ~ -35% 1-Day Loss)
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