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<p>[QUOTE="Yacorie, post: 1154663, member: 25257"]I always follow these threads and find them very interesting since so many of the posters know much more than I do about economics and everything that is going on with the PMs. I started buying buillon as a way to tie up some money with hopes of one day giving my children down payments for their homes. The other day I was in a coin shop where the owner and a few patrons were all talking about how Silver is going to run to $100 because of the 16:1 ratio to gold, the shorts held by JP Morgan or others and the weakened dollar. I used to say that I wouldn't sell the PMs I had because I had a plan for them in the future, and what would I buy with the money that I gained if silver really did run high, yet most other investments were hurting. While I don't personally believe that silver will run to $100, if it does, I think I'll be modifying my end game and taking profits to help pay for a new vehicle or some other necessity that I'll be needing. Like Sir Ed pointed out, if anyone really knew what was going to happen, they wouldn't have to go to work.[/QUOTE]</p><p><br /></p>
[QUOTE="Yacorie, post: 1154663, member: 25257"]I always follow these threads and find them very interesting since so many of the posters know much more than I do about economics and everything that is going on with the PMs. I started buying buillon as a way to tie up some money with hopes of one day giving my children down payments for their homes. The other day I was in a coin shop where the owner and a few patrons were all talking about how Silver is going to run to $100 because of the 16:1 ratio to gold, the shorts held by JP Morgan or others and the weakened dollar. I used to say that I wouldn't sell the PMs I had because I had a plan for them in the future, and what would I buy with the money that I gained if silver really did run high, yet most other investments were hurting. While I don't personally believe that silver will run to $100, if it does, I think I'll be modifying my end game and taking profits to help pay for a new vehicle or some other necessity that I'll be needing. Like Sir Ed pointed out, if anyone really knew what was going to happen, they wouldn't have to go to work.[/QUOTE]
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