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Prices on Silver...Should I buy now or wait ...
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<p>[QUOTE="wrucmike, post: 367777, member: 5452"]Assuming, as you stated, that you're looking for a return on a silver investment and not just collecting, you don't need to buy at the bottom to make money in a long term bull market. If you get in at the first third of the movement upward, you can make a great profit.</p><p><br /></p><p>Are we in a long term silver bull market? What will the top of silver be? I have no idea. If you think silver will zip past $50/oz and reach new highs, an extra buck isn't going to be the end of the world.</p><p><br /></p><p>You can also buy a small portion now and buy more if there's a dip (dollar cost averaging).</p><p><br /></p><p>There's the old saying "sell in May and go away" which may only apply to stocks. So maybe the price of silver will dip below $16 over the summer. If I could accurately predict that...... fuggghetaboutit <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="wrucmike, post: 367777, member: 5452"]Assuming, as you stated, that you're looking for a return on a silver investment and not just collecting, you don't need to buy at the bottom to make money in a long term bull market. If you get in at the first third of the movement upward, you can make a great profit. Are we in a long term silver bull market? What will the top of silver be? I have no idea. If you think silver will zip past $50/oz and reach new highs, an extra buck isn't going to be the end of the world. You can also buy a small portion now and buy more if there's a dip (dollar cost averaging). There's the old saying "sell in May and go away" which may only apply to stocks. So maybe the price of silver will dip below $16 over the summer. If I could accurately predict that...... fuggghetaboutit :)[/QUOTE]
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Prices on Silver...Should I buy now or wait ...
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