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Is it wrong to hope spot price keeps dropping??
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<p>[QUOTE="desertgem, post: 3542508, member: 15199"]J.P. Morgan is always under suspicion as they seem to always make money off of their precious metals , whereas the ones always pushing the efforts on them are the bullion buyers newsletters, special reports of evil doing, bullion gurus who have no requirements nor federal reports to produce as does JPM. Outside of an apocalypse , where peoples silver will outlive the owners anyway, JPM wins over time as they play pro-PM with cash against Anti-PM people with cash, and JPM gets much of the cash as do casino owners. If you collect bullion because it's shiney, fine, just don't expect someday to sell and be wealthy unless you own shares in JPM, or another primary . It is better to own a piece of a casino than go there expecting to win big. Silver investors including bullion dealers use JPM type paper investing with options and contracts to protect their holdings and pricing, so they make money whether silver is going up /or down, just more if it is going up usually. Most here are either "UP" only or "Down " only , please.... Depending on their buying price. </p><p><br /></p><p>If you are an old time holder, no problem, enjoy it, just do not expect to get madly rich. If you have less than 100 oz, get a book on options/contracts and see if you can better utilize your assets. It is easy to go into a bullion shop and buy/sell bullion, but they make the most money , not you off of the deal. Bet on it. Its your money.IMO Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 3542508, member: 15199"]J.P. Morgan is always under suspicion as they seem to always make money off of their precious metals , whereas the ones always pushing the efforts on them are the bullion buyers newsletters, special reports of evil doing, bullion gurus who have no requirements nor federal reports to produce as does JPM. Outside of an apocalypse , where peoples silver will outlive the owners anyway, JPM wins over time as they play pro-PM with cash against Anti-PM people with cash, and JPM gets much of the cash as do casino owners. If you collect bullion because it's shiney, fine, just don't expect someday to sell and be wealthy unless you own shares in JPM, or another primary . It is better to own a piece of a casino than go there expecting to win big. Silver investors including bullion dealers use JPM type paper investing with options and contracts to protect their holdings and pricing, so they make money whether silver is going up /or down, just more if it is going up usually. Most here are either "UP" only or "Down " only , please.... Depending on their buying price. If you are an old time holder, no problem, enjoy it, just do not expect to get madly rich. If you have less than 100 oz, get a book on options/contracts and see if you can better utilize your assets. It is easy to go into a bullion shop and buy/sell bullion, but they make the most money , not you off of the deal. Bet on it. Its your money.IMO Jim[/QUOTE]
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Is it wrong to hope spot price keeps dropping??
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