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Next step silver - over $20.00
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<p>[QUOTE="Zuhara, post: 814174, member: 23099"]It makes me laugh when I hear Marc Faber (or is it Jim Rogers? I can't tell them apart?) predict the great future for silver because it has yet to reach its "all-time highs of $50 an ounce". You don't get a Hunt brothers every decade. Each time is different.</p><p> </p><p>Since I buy for insurance and as a hedge rather than investment for profit, it's a win-win in my opinion: dollar goes up, gold and silver go down, that's okay because most of us are paid in dollars and our investments are mostly in dollars. But if gold and silver go up, and the dollar goes down, then you have the metals.</p><p> </p><p>But if you're buying at these levels, and you're looking to make an investment profit, you have to be prepared for perhaps holding a while. Silver generally follows gold up, but it's a lot more volatile and spiky. It can sit around doing relatively nothing for a really long time.[/QUOTE]</p><p><br /></p>
[QUOTE="Zuhara, post: 814174, member: 23099"]It makes me laugh when I hear Marc Faber (or is it Jim Rogers? I can't tell them apart?) predict the great future for silver because it has yet to reach its "all-time highs of $50 an ounce". You don't get a Hunt brothers every decade. Each time is different. Since I buy for insurance and as a hedge rather than investment for profit, it's a win-win in my opinion: dollar goes up, gold and silver go down, that's okay because most of us are paid in dollars and our investments are mostly in dollars. But if gold and silver go up, and the dollar goes down, then you have the metals. But if you're buying at these levels, and you're looking to make an investment profit, you have to be prepared for perhaps holding a while. Silver generally follows gold up, but it's a lot more volatile and spiky. It can sit around doing relatively nothing for a really long time.[/QUOTE]
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Next step silver - over $20.00
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