Message:

<p>[QUOTE=&quot;clembo, post: 426778, member: 8033&quot;]Hey folks,</p><p><br /></p><p>Some very good views on this and that&#039;s why I started the thread.</p><p><br /></p><p>Guess I should have been a bit more clear that it wasn&#039;t really a coin collecting thread as much as investing in silver. We all know that is risky I believe.</p><p><br /></p><p>I am a coin collector first and a VERY small time &quot;investor&quot;. Lack of money has a lot to do with that<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>So that aside today the stock market takes a BIG dip while Gold and Silver see huge gains. Government bails out AIG and sends investors scattering.</p><p><br /></p><p><a href="http://news.yahoo.com/s/ap/20080917/ap_on_bi_st_ma_re/wall_street" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://news.yahoo.com/s/ap/20080917/ap_on_bi_st_ma_re/wall_street" rel="nofollow">http://news.yahoo.com/s/ap/20080917/ap_on_bi_st_ma_re/wall_street</a></p><p><br /></p><p>They scamper over to the precious metals. Most notably gold and silver. NOW, did they do this on paper or physical. Paper I can assure you.</p><p><br /></p><p>So NOW more are buying paper. How much paper can be sold? The physical is not there to cover it I&#039;m afraid at this point.</p><p><br /></p><p>Banks are on the brink folks. Yes, I may sound alarmist but it IS happening.</p><p><br /></p><p>As I said I don&#039;t have much to invest but I am bringing a Krugerand to work tomorrow. Will most likely trade it for junk silver. I&#039;ll gain in the trade due to ratios and bet within a few weeks I&#039;ll gain even more.</p><p><br /></p><p>What happened today was a paper price rise that will benefit those holding physical. It may balance out but as more dump into paper the physical holders will benefit most.</p><p><br /></p><p>Silver in hand is the ONLY way I will go right now.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in