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Gold under $1500 for a few days and silver now well under $18
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<p>[QUOTE="medoraman, post: 3738776, member: 26302"]Just like there have been threads how silver will go over $100, and it will NEVER go below $25.</p><p><br /></p><p>Either answer is wrong of course. Today it is about fairly valued IMHO, more so probably than equities. However, pm has no cash generation.</p><p><br /></p><p>I still think my advice to buy when no one is interested is good. I was buying the last few years before this pop. Smart money buys assets that none else wants and waits for the market to come around. It usually never chases a bull. I am sitting on the sides unless an interesting piece at spot pops up right now. I am actually on the sidelines for most things right now, thinking almost all assets are fairly priced or high. I will wait for a correction.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 3738776, member: 26302"]Just like there have been threads how silver will go over $100, and it will NEVER go below $25. Either answer is wrong of course. Today it is about fairly valued IMHO, more so probably than equities. However, pm has no cash generation. I still think my advice to buy when no one is interested is good. I was buying the last few years before this pop. Smart money buys assets that none else wants and waits for the market to come around. It usually never chases a bull. I am sitting on the sides unless an interesting piece at spot pops up right now. I am actually on the sidelines for most things right now, thinking almost all assets are fairly priced or high. I will wait for a correction.[/QUOTE]
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Gold under $1500 for a few days and silver now well under $18
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