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<p>[QUOTE="desertgem, post: 1075226, member: 15199"]Infowars, welcome to the forum! Please do a lot of research into precious metals before you buy anything of it. It is not a slam dunk by any means. Silver has advanced about 70% last year and the year before that for many reasons which do not seem as significant at this time to me. I could not go wrong with gold in 2009/10 and silver later in 2010, but as the price goes up, the risk of reversal does also. For me, the risk ratio got high enough that I got out of silver and gold with good profits. If prices drop 10-20% I might re-enter, but I feel there are better vehicles at this time. There are several on the forum, who believe for their own reason that we are only in the middle of the run, and so the risk factor is considered much less by them. I have no argument with them, I wish them luck, and each must ask how much risk they can handle. You should be reasonable, and have only a certain amount of your investments in PM, and use other investment instruments. Gold could reach 1800 + this year or even 1000 -, with equal possibility in my opinion. The higher if the world economy worsens, the lower if the reverse. Best wishes. Be Cautious.</p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1075226, member: 15199"]Infowars, welcome to the forum! Please do a lot of research into precious metals before you buy anything of it. It is not a slam dunk by any means. Silver has advanced about 70% last year and the year before that for many reasons which do not seem as significant at this time to me. I could not go wrong with gold in 2009/10 and silver later in 2010, but as the price goes up, the risk of reversal does also. For me, the risk ratio got high enough that I got out of silver and gold with good profits. If prices drop 10-20% I might re-enter, but I feel there are better vehicles at this time. There are several on the forum, who believe for their own reason that we are only in the middle of the run, and so the risk factor is considered much less by them. I have no argument with them, I wish them luck, and each must ask how much risk they can handle. You should be reasonable, and have only a certain amount of your investments in PM, and use other investment instruments. Gold could reach 1800 + this year or even 1000 -, with equal possibility in my opinion. The higher if the world economy worsens, the lower if the reverse. Best wishes. Be Cautious. Jim[/QUOTE]
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