Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Silver is volatile today
>
Reply to Thread
Message:
<p>[QUOTE="Collecting Nut, post: 2227606, member: 74863"]I do not see the global economy improving. Period. All commodities do the same thing as global economies, they go up, they go down. Prior to 4 years ago it was up, then it hit it's peak and now it's dropping. Your chart shows the dropping, or the past 4 years. Look at that same chart for 8 years and you will see the upside prior to the down side. Silver didn't start out at $48.00. It started about $5.00. In the 1980's (Hunt Brothers era) silver was around $3.00 and it went over $50.00, then back down and up and down and so on. It will hit it's bottom, level off and then start to rise again. It's just not there yet.</p><p><br /></p><p>Metals are no safer than investing in corn, soybeans, oil, or pork bellies. It's a commodity. Up and down over time with daily changes. In 1929 the folks that bought into the theory that stocks, bonds and other paper assets are safe took such a lickin' they ended up homeless and standing in soup lines. They found out paper assets are not safe.</p><p><br /></p><p>The market didn't tumble, it made a correction of 10% plus. Past history says that following such a correction will be an increase of 25% in the market. As the market continues to go up not every stock will follow suit. There will be winners and there will be losers. You just have to own the right stock at the right time.</p><p><br /></p><p>One can not buy at the low and sell at the high. But you can buy on the dips and sell on the peaks as the ride continues, in either direction. A market correction is not enough to make metals move like you think they should. It just another buying opportunity for a long term holder like me. Just because I stack doesn't mean I have a stackers mentality. As a stacker, I was not waiting for this event but I was expecting it. I stack for a few reasons one of them being, you can't make money out of thin air and that is what our government has done and continues to do. The dominoes will fall but not at the present time. If I thought I could make money by borrowing money (like our government is doing) I would have gone into debt a long, long, long, long, long time ago.[/QUOTE]</p><p><br /></p>
[QUOTE="Collecting Nut, post: 2227606, member: 74863"]I do not see the global economy improving. Period. All commodities do the same thing as global economies, they go up, they go down. Prior to 4 years ago it was up, then it hit it's peak and now it's dropping. Your chart shows the dropping, or the past 4 years. Look at that same chart for 8 years and you will see the upside prior to the down side. Silver didn't start out at $48.00. It started about $5.00. In the 1980's (Hunt Brothers era) silver was around $3.00 and it went over $50.00, then back down and up and down and so on. It will hit it's bottom, level off and then start to rise again. It's just not there yet. Metals are no safer than investing in corn, soybeans, oil, or pork bellies. It's a commodity. Up and down over time with daily changes. In 1929 the folks that bought into the theory that stocks, bonds and other paper assets are safe took such a lickin' they ended up homeless and standing in soup lines. They found out paper assets are not safe. The market didn't tumble, it made a correction of 10% plus. Past history says that following such a correction will be an increase of 25% in the market. As the market continues to go up not every stock will follow suit. There will be winners and there will be losers. You just have to own the right stock at the right time. One can not buy at the low and sell at the high. But you can buy on the dips and sell on the peaks as the ride continues, in either direction. A market correction is not enough to make metals move like you think they should. It just another buying opportunity for a long term holder like me. Just because I stack doesn't mean I have a stackers mentality. As a stacker, I was not waiting for this event but I was expecting it. I stack for a few reasons one of them being, you can't make money out of thin air and that is what our government has done and continues to do. The dominoes will fall but not at the present time. If I thought I could make money by borrowing money (like our government is doing) I would have gone into debt a long, long, long, long, long time ago.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Silver is volatile today
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...