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<p>[QUOTE="williamtipton, post: 7241, member: 815"]Another little item Id like to throw in is......dont stick to just one metal either.....</p><p>I buy whichever is heading down in price the most.</p><p><br /></p><p>All 3 of the big metals have taken a few hits in the last couple weeks.</p><p>Silver has dropped around 25% of where i was a few weeks ago... Platinum approx 20% and Gold mebe 10 - 12 %......</p><p><br /></p><p>But they started lower than they are now.......silver was about $4.50 or so a while back and Platinum around $600..........</p><p><br /></p><p>If platinum production is increased, the price will drop. If demand goes up as is predicted in a few of the reports I have read and production isnt matching it at some point the price may follow the same path as a couple other metals have done in the past and go thru the roof till some sort of equilibrium comes about again.</p><p><br /></p><p>Ive also been reading that more silver basically exists on paper than does in metal.........which may have helped the latest price jump before it fell.........</p><p>If the demand goes up for silver and the demand cannot be met, you may well be sitting on makin some hefty profits sooner than you would think............OR .........mebe not........... GOD I love this stuff :-D........better than a night out at the horse races :-D[/QUOTE]</p><p><br /></p>
[QUOTE="williamtipton, post: 7241, member: 815"]Another little item Id like to throw in is......dont stick to just one metal either..... I buy whichever is heading down in price the most. All 3 of the big metals have taken a few hits in the last couple weeks. Silver has dropped around 25% of where i was a few weeks ago... Platinum approx 20% and Gold mebe 10 - 12 %...... But they started lower than they are now.......silver was about $4.50 or so a while back and Platinum around $600.......... If platinum production is increased, the price will drop. If demand goes up as is predicted in a few of the reports I have read and production isnt matching it at some point the price may follow the same path as a couple other metals have done in the past and go thru the roof till some sort of equilibrium comes about again. Ive also been reading that more silver basically exists on paper than does in metal.........which may have helped the latest price jump before it fell......... If the demand goes up for silver and the demand cannot be met, you may well be sitting on makin some hefty profits sooner than you would think............OR .........mebe not........... GOD I love this stuff :-D........better than a night out at the horse races :-D[/QUOTE]
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