Reply to Thread

Message:: [QUOTE="10gary22, post: 1155930, member: 23626"]It is true that Silver did Fall from high prices in 1980. It's also true that Silver stayed flat for a long time. It's also true that the silver that sold for nearly $50 an ounce in 1980 had been purchased for $1.50 - $2.00 in 1978. So $4.00 silver could be considered to have a much lower base price if that is the game we are playing. Real Estate has lost over 1/2 it's value in the last 4 years. The dollar lost 1/4 of it's value last week if you consider the price of milk as an index. My point is, that people who trade in stocks, bonds, commodities, currencies make their money by trading. Not by holding. Earnings are posted with sales. "Profit Taking" causes much of the fluctuations. NOBODY can say what tomorrow will bring, because it hasn't happened yet. The past is history. The only thing that matters is TODAY. If selling silver gets what is wanted today, then SELL ! I mean you can hold all the silver in the world and still be hit by a meteor on your way to the safe deposit box. Seriously though, traders will show profits and losses while hoarders don't show anything at all except a passing interest. IMHO[/QUOTE]