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Is anyone buying silver at $44.56
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<p>[QUOTE="desertgem, post: 1165042, member: 15199"]Well of course, you have an opinion, and in all sincerity, I see many more " to the moon" and "can't miss, etc", than "sell now!!". Yes some do sell, but they probably have profits, maybe even good profits. Whereas those who still hold the silver only have "paper profit". If you deal with silver mines, silver ETF, mixed gold and silver producers, you can buy and sell in an instant, so it doesn't matter if you sell one day, wait for financial releases, and then decide if you wish to buy in or not. If you deal in physical silver, I think people will have a lot of hurt trying to get out, as the bullion companies can read charts also, and won't be at all quick to buy bullion back, or at a huge discount, when many try to get out. That should be explained to a newbie also. Giving strong opinions to someone unknown should be carefully considered, as they may make assumptions about one's knowledge. Trend following works as long as the trend stays true, but no trend goes forever. Exit points and conditions should be determined before buying any bullion, IMO. I left silver this morning, with good gains, and will most likely wait until after Weds. speeches and comments before deciding my course. IMO.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1165042, member: 15199"]Well of course, you have an opinion, and in all sincerity, I see many more " to the moon" and "can't miss, etc", than "sell now!!". Yes some do sell, but they probably have profits, maybe even good profits. Whereas those who still hold the silver only have "paper profit". If you deal with silver mines, silver ETF, mixed gold and silver producers, you can buy and sell in an instant, so it doesn't matter if you sell one day, wait for financial releases, and then decide if you wish to buy in or not. If you deal in physical silver, I think people will have a lot of hurt trying to get out, as the bullion companies can read charts also, and won't be at all quick to buy bullion back, or at a huge discount, when many try to get out. That should be explained to a newbie also. Giving strong opinions to someone unknown should be carefully considered, as they may make assumptions about one's knowledge. Trend following works as long as the trend stays true, but no trend goes forever. Exit points and conditions should be determined before buying any bullion, IMO. I left silver this morning, with good gains, and will most likely wait until after Weds. speeches and comments before deciding my course. IMO. Jim[/QUOTE]
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