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is silver a bargain at $40 ?
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<p>[QUOTE="goldcollector, post: 2770954, member: 9088"]To be fair yes yes yes anyone who buys anything and just happens to sell at whatever the top price ends up being will cone out on top.</p><p><br /></p><p>He said buy buy buy back up the truck buy buy buy he never said sell at $50. In fact when it was $50 people who did sell were having to take $45 or less to get out so even if they bought when he said spot was $44.80 I believe then sold at the absolute top they lost a little. The only cherry picking here is you saying " sold at close to $50".</p><p><br /></p><p>The silver is massively undervalued crowd has been wrong. Period. Its not a question of cherry picking. They have been 100% wrong. With silver at $16 whatever it is right now its pretty much exactly at $4 or $5 that it was in the 90s</p><p> Adjusted for inflation. But even with that you lose because of premiums.</p><p><br /></p><p>But yeah if someone bought 10,000 ounces at the absolute bottom and sold them all at $49.98 or whatever the exact top was they would have made money.</p><p><br /></p><p>I would think a commodity which is always just about to explode in value would not always be so reliant on the "well if I had sold at the absolute top. I could have made money" argument.[/QUOTE]</p><p><br /></p>
[QUOTE="goldcollector, post: 2770954, member: 9088"]To be fair yes yes yes anyone who buys anything and just happens to sell at whatever the top price ends up being will cone out on top. He said buy buy buy back up the truck buy buy buy he never said sell at $50. In fact when it was $50 people who did sell were having to take $45 or less to get out so even if they bought when he said spot was $44.80 I believe then sold at the absolute top they lost a little. The only cherry picking here is you saying " sold at close to $50". The silver is massively undervalued crowd has been wrong. Period. Its not a question of cherry picking. They have been 100% wrong. With silver at $16 whatever it is right now its pretty much exactly at $4 or $5 that it was in the 90s Adjusted for inflation. But even with that you lose because of premiums. But yeah if someone bought 10,000 ounces at the absolute bottom and sold them all at $49.98 or whatever the exact top was they would have made money. I would think a commodity which is always just about to explode in value would not always be so reliant on the "well if I had sold at the absolute top. I could have made money" argument.[/QUOTE]
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is silver a bargain at $40 ?
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