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Poll: Is Silver a good investment
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<p>[QUOTE="mikem2000, post: 1506298, member: 30574"]If you have no clue what the actual value is, I STRONGLY recommend you do not invest in it.</p><p>Now for myself, I do have a clue about that value and can make a good decision based on that knowledge. The value is too high, you are speculating at best. At $28 an oz it is still too high to even call it a hedge against inflation.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Ok I won't call you friend, but what would you call somebody who is giving you good advice that could save you a butt load?</p><p><br /></p><p>Also, I don't know what you are talking about, buy doing some walking. l like a said, I was long SLV and GLD for some time, I sold both considerably below the high water mark for both but still made a tidy profit. I am also on record of shorting SLV on this board when it was $45. That position is closed. I have also stated I am long US equities, and have been for over 3 years. I have done so much walking, my shoes have holes in them. Please bookmark this post and we can review next year. </p><p><br /></p><p>Think about what I said, investing in ANYTHING that you do not have a clue about the true value is just plain bad practice and it will get you broke.[/QUOTE]</p><p><br /></p>
[QUOTE="mikem2000, post: 1506298, member: 30574"]If you have no clue what the actual value is, I STRONGLY recommend you do not invest in it. Now for myself, I do have a clue about that value and can make a good decision based on that knowledge. The value is too high, you are speculating at best. At $28 an oz it is still too high to even call it a hedge against inflation. Ok I won't call you friend, but what would you call somebody who is giving you good advice that could save you a butt load? Also, I don't know what you are talking about, buy doing some walking. l like a said, I was long SLV and GLD for some time, I sold both considerably below the high water mark for both but still made a tidy profit. I am also on record of shorting SLV on this board when it was $45. That position is closed. I have also stated I am long US equities, and have been for over 3 years. I have done so much walking, my shoes have holes in them. Please bookmark this post and we can review next year. Think about what I said, investing in ANYTHING that you do not have a clue about the true value is just plain bad practice and it will get you broke.[/QUOTE]
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Poll: Is Silver a good investment
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