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<p>[QUOTE="iPen, post: 2191531, member: 69760"]What do you all think... will there be a huge jump in the price of silver if the Greek debt proposal is absent or if the Greek gov't defaults? Add to that the confluence of the Chinese stock markets losing several percentage points the last couple of days or so (I believe it was 30% loss of the Shanghai Composite Index in one month), and the US markets reacting negatively to current events. Other markets reacted negatively (even moreso by other dominant Asian markets) due to their intricate tie to the Chinese export market.</p><p><br /></p><p>Sure, one can argue that stocks and other investments' prices take into effect such news. But, stocks also take into account any optimistic or opposing thoughts, as well as the offsets by other investors who are betting that it will go the other way. So, <u>will there be a minimum of a several dollar increase in the price of silver</u> due to enough investors jumping ship and out of the Euro and other currencies, and in to the safer silver (and gold) holdings? Yet, today as of now, stocks are rebounding slightly.</p><p><br /></p><p>Now, this isn't necessarily asking whether or not to stockpile more bullion silver or gold now... but rather geared towards the (relatively quicker) exchange of buying silver/gold commodities, stocks, etc, so as to act more swiftly. Do you think this is a good time to invest (even more) in silver? And, yes, I hold silver for the long run, but I'm asking what you all think about adding <i>even</i> <i>more</i> silver now, even though the general trend over the last several years is that silver has been dropping in price (for various reasons). If you think it will continue to drop, obviously I'll hold out and buy it low. If it'll rise steeply in the near future, it's actually a good idea to buy more silver now and play that bit for the short haul.[/QUOTE]</p><p><br /></p>
[QUOTE="iPen, post: 2191531, member: 69760"]What do you all think... will there be a huge jump in the price of silver if the Greek debt proposal is absent or if the Greek gov't defaults? Add to that the confluence of the Chinese stock markets losing several percentage points the last couple of days or so (I believe it was 30% loss of the Shanghai Composite Index in one month), and the US markets reacting negatively to current events. Other markets reacted negatively (even moreso by other dominant Asian markets) due to their intricate tie to the Chinese export market. Sure, one can argue that stocks and other investments' prices take into effect such news. But, stocks also take into account any optimistic or opposing thoughts, as well as the offsets by other investors who are betting that it will go the other way. So, [U]will there be a minimum of a several dollar increase in the price of silver[/U] due to enough investors jumping ship and out of the Euro and other currencies, and in to the safer silver (and gold) holdings? Yet, today as of now, stocks are rebounding slightly. Now, this isn't necessarily asking whether or not to stockpile more bullion silver or gold now... but rather geared towards the (relatively quicker) exchange of buying silver/gold commodities, stocks, etc, so as to act more swiftly. Do you think this is a good time to invest (even more) in silver? And, yes, I hold silver for the long run, but I'm asking what you all think about adding [I]even[/I] [I]more[/I] silver now, even though the general trend over the last several years is that silver has been dropping in price (for various reasons). If you think it will continue to drop, obviously I'll hold out and buy it low. If it'll rise steeply in the near future, it's actually a good idea to buy more silver now and play that bit for the short haul.[/QUOTE]
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