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<p>[QUOTE="medoraman, post: 1574980, member: 26302"]I said:</p><p><br /></p><p>I saw many of them, some every coin show, having to sell and not happy having to sell at such low PM markets</p><p><br /></p><p>Read more: <a href="http://www.cointalk.com/t217486-3/#ixzz2COwKnxBD" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t217486-3/#ixzz2COwKnxBD">http://www.cointalk.com/t217486-3/#ixzz2COwKnxBD</a></p><p><br /></p><p>My reference to my cousin was referring to silver as well, and was only one data point. </p><p><br /></p><p>Again, I will be even clearer for Fatima:</p><p><br /></p><p>I PERSONALLY MET MANY PEOPLE, MAINLY MEN, WHO HAD TO SELL GOLD AT A LOSS IN THE 80'S AND 90'S. THESE WERE PEOPLE I SAW EVERY MONTH, EVERY YEAR, DURING THIS TIME FRAME. SOME MADE MONEY, BUT OTHERS LOST MONEY. IT HAPPENS, AND INVESTING IN GOLD WILL NOT MAKE YOU IMMUNE TO THE POSSIBILITY OF LOSING MONEY.</p><p><br /></p><p>I will NOT let your assertion stand that by investing in gold its impossible to lose money Fatima. That is simply a lie on the face of it. This is only accounting for nominal value, we are not even TALKING about how many people have lost real purchasing value even if nominally they might have showed a gain.</p><p><br /></p><p>We can go all day sir. I am unwilling to allow an assertion that its impossible to lose money in ANYTHING to stand unchallenged.</p><p><br /></p><p>Everything in life that you can buy, you can lose money on. EVERYTHING.</p><p><br /></p><p>BTW, I am not saying anyone WILL lose money buying gold today. Not arguing that at all. I am just saying I was physically there and met these people who did lose money. I refuse to allow you to tell everyone on this board I am lying. I bet every single person on this board who was actively buying PM in this timeframe also met people who were losing money by selling. Were YOU there then Fatima?[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1574980, member: 26302"]I said: I saw many of them, some every coin show, having to sell and not happy having to sell at such low PM markets Read more: [url]http://www.cointalk.com/t217486-3/#ixzz2COwKnxBD[/url] My reference to my cousin was referring to silver as well, and was only one data point. Again, I will be even clearer for Fatima: I PERSONALLY MET MANY PEOPLE, MAINLY MEN, WHO HAD TO SELL GOLD AT A LOSS IN THE 80'S AND 90'S. THESE WERE PEOPLE I SAW EVERY MONTH, EVERY YEAR, DURING THIS TIME FRAME. SOME MADE MONEY, BUT OTHERS LOST MONEY. IT HAPPENS, AND INVESTING IN GOLD WILL NOT MAKE YOU IMMUNE TO THE POSSIBILITY OF LOSING MONEY. I will NOT let your assertion stand that by investing in gold its impossible to lose money Fatima. That is simply a lie on the face of it. This is only accounting for nominal value, we are not even TALKING about how many people have lost real purchasing value even if nominally they might have showed a gain. We can go all day sir. I am unwilling to allow an assertion that its impossible to lose money in ANYTHING to stand unchallenged. Everything in life that you can buy, you can lose money on. EVERYTHING. BTW, I am not saying anyone WILL lose money buying gold today. Not arguing that at all. I am just saying I was physically there and met these people who did lose money. I refuse to allow you to tell everyone on this board I am lying. I bet every single person on this board who was actively buying PM in this timeframe also met people who were losing money by selling. Were YOU there then Fatima?[/QUOTE]
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Ponderings of supply and extraction. Gold vs. Silver
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