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Lots of silver "stacking," not so much gold stacking
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<p>[QUOTE="goldcollector, post: 2640689, member: 9088"]Oh yes. I couldn't agree with you more. Its like you took the word out of my mouth. I didn't read the whole thing, just the OP. I bet this guy is getting so much hate.</p><p><br /></p><p>I like silver and I think its probably a decent buy ..... if you can get it near spot which to me is like 5% over spot or less. I never pay more than 4% over spot for gold. Im not paying 20% over spot for some flippers silver. There is just so much silver out there... why pay 20% over.</p><p><br /></p><p>I like 90% coins for the history and all and I just like them but everyone right now wants 14.5X or higher which translates into $20.28 which is like 17% over spot. I have seen so so many people trying to sell 90% for 16x or 17x. Give me a <span style="color: #ff0000">EDITED</span> break.</p><p><br /></p><p>So many on the silver side are just so unrealistic ( not all, but many ).</p><p><br /></p><p>1. "Silver is almost gone, its so rare." For real stop kidding yourself there is so much silver like the OP said they are even making <span style="color: #ff0000">EDITED</span> coins which sell for what 50% over spot or more. "Rare" is one of those words that doesn't really have a definition but silver is not rare unless your definition of "rare" is more liberal than Bill Maher and Michael Moore put together.</p><p><br /></p><p>2. "Buy silver since the GSR is 70 to 1." They said buy silver when it was 35 to 1 then when it was 40 to 1 then when it was 45 to 1 and so on. They have been wrong the whole way. Im not sure its a valid point that you should buy A over B just because A has been getting its head bashed in by B forever.</p><p><br /></p><p>3. "Always buy the dips, I always buy the dips. That's what I do "</p><p>Did you buy the dip from 50 to 45 ? NO From 45 to 39 ? No From 39 to 35 ? NO From 35 to 31 ? no From 31 to 26? NO</p><p>Anyone who "always buys the dips" would be homeless right about now and have a DCA of 35 +</p><p><br /></p><p>4. "Soon the GSR will be single digits and probably even 1:1. I guarantee it "</p><p>The first time I heard that was back in like 2011 .... when the GSR was around 35.</p><p><br /></p><p>5. "The Comex is about to default then silver will be $500 or more"</p><p>They have been guaranteeing a COMEX default forever. Sounds like those people who guarantee the end of the world every year.[/QUOTE]</p><p><br /></p>
[QUOTE="goldcollector, post: 2640689, member: 9088"]Oh yes. I couldn't agree with you more. Its like you took the word out of my mouth. I didn't read the whole thing, just the OP. I bet this guy is getting so much hate. I like silver and I think its probably a decent buy ..... if you can get it near spot which to me is like 5% over spot or less. I never pay more than 4% over spot for gold. Im not paying 20% over spot for some flippers silver. There is just so much silver out there... why pay 20% over. I like 90% coins for the history and all and I just like them but everyone right now wants 14.5X or higher which translates into $20.28 which is like 17% over spot. I have seen so so many people trying to sell 90% for 16x or 17x. Give me a [COLOR=#ff0000]EDITED[/COLOR] break. So many on the silver side are just so unrealistic ( not all, but many ). 1. "Silver is almost gone, its so rare." For real stop kidding yourself there is so much silver like the OP said they are even making [COLOR=#ff0000]EDITED[/COLOR] coins which sell for what 50% over spot or more. "Rare" is one of those words that doesn't really have a definition but silver is not rare unless your definition of "rare" is more liberal than Bill Maher and Michael Moore put together. 2. "Buy silver since the GSR is 70 to 1." They said buy silver when it was 35 to 1 then when it was 40 to 1 then when it was 45 to 1 and so on. They have been wrong the whole way. Im not sure its a valid point that you should buy A over B just because A has been getting its head bashed in by B forever. 3. "Always buy the dips, I always buy the dips. That's what I do " Did you buy the dip from 50 to 45 ? NO From 45 to 39 ? No From 39 to 35 ? NO From 35 to 31 ? no From 31 to 26? NO Anyone who "always buys the dips" would be homeless right about now and have a DCA of 35 + 4. "Soon the GSR will be single digits and probably even 1:1. I guarantee it " The first time I heard that was back in like 2011 .... when the GSR was around 35. 5. "The Comex is about to default then silver will be $500 or more" They have been guaranteeing a COMEX default forever. Sounds like those people who guarantee the end of the world every year.[/QUOTE]
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Lots of silver "stacking," not so much gold stacking
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