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<p>[QUOTE="desertgem, post: 1645568, member: 15199"]If it hasn't hit bottom, or expected to bottom out a lower price, there is still time to sell and rebuy with a gain. Otherwise your silver may be starting back up later from a bottom, several dollars/oz. down. If you are a long term collector.stacker, this is will a small problem. If you had to scrimp and save to even buy a couple of ounces, it is a problem. Possibly even, it may go to 20 this year. There is nothing but past performance to indicate either way. Everyone with silver or gold has been hit. How it affects you is really determined by how you have proportioned it as a holding. If you are in 80% precious metals and 20% in an IRA, stocks, real estate, etc. it is probably much more scary. </p><p><br /></p><p>If you are new at bullion 'investing' consider the action. Some people consistently say the economy and debt will drive out the USD and then PM will be king. That is all opinion. Read , study, do the due diligence before you decide.[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1645568, member: 15199"]If it hasn't hit bottom, or expected to bottom out a lower price, there is still time to sell and rebuy with a gain. Otherwise your silver may be starting back up later from a bottom, several dollars/oz. down. If you are a long term collector.stacker, this is will a small problem. If you had to scrimp and save to even buy a couple of ounces, it is a problem. Possibly even, it may go to 20 this year. There is nothing but past performance to indicate either way. Everyone with silver or gold has been hit. How it affects you is really determined by how you have proportioned it as a holding. If you are in 80% precious metals and 20% in an IRA, stocks, real estate, etc. it is probably much more scary. If you are new at bullion 'investing' consider the action. Some people consistently say the economy and debt will drive out the USD and then PM will be king. That is all opinion. Read , study, do the due diligence before you decide.[/QUOTE]
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Silver is Crashing dramatically!
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