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<p>[QUOTE="Brett_in_Sacto, post: 2125951, member: 71510"]I'm new to the conversation, but I recall the wannabe rap star saying that silver was $5 an ounce in 1988.</p><p><br /></p><p>Does he know what silver was per ounce in 1979 or 2008?</p><p><br /></p><p>By the same speculation, you could say the same of oil - which is at $50 a barrel or so right now. </p><p><br /></p><p>Anyone want to answer what oil was at per barrel in 1979? And in 2008?</p><p><br /></p><p>Commodities move - sometimes drastically based on supply and demand. Anyone that day trades metals is nuts, or makes money purely on the buy/sell commission or dumb luck. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Anyone that invests in them with long term view will do well, and studies before popping off comments about the future. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>It ain't a stock market, and it ain't a get rich quick game. Just like real estate, you can make money if you have a conservative long term outlook. </p><p><br /></p><p>I sold heavily when silver was above 30 and bought into the stock market. I'm liquidating out of stocks and have been buying metal the last year or so. With no additional cash in - I'm really sitting pretty. I'm already at 150% more metal than I sold and more to go. Even with mistakes I've made (we all do), I'm still sitting pretty.</p><p><br /></p><p>Don't hate da playa bro - hate dat game! Werd to yo momma, sentence to yo papa, and a whole paragraph to your grandmama even!!![/QUOTE]</p><p><br /></p>
[QUOTE="Brett_in_Sacto, post: 2125951, member: 71510"]I'm new to the conversation, but I recall the wannabe rap star saying that silver was $5 an ounce in 1988. Does he know what silver was per ounce in 1979 or 2008? By the same speculation, you could say the same of oil - which is at $50 a barrel or so right now. Anyone want to answer what oil was at per barrel in 1979? And in 2008? Commodities move - sometimes drastically based on supply and demand. Anyone that day trades metals is nuts, or makes money purely on the buy/sell commission or dumb luck. :) Anyone that invests in them with long term view will do well, and studies before popping off comments about the future. :) It ain't a stock market, and it ain't a get rich quick game. Just like real estate, you can make money if you have a conservative long term outlook. I sold heavily when silver was above 30 and bought into the stock market. I'm liquidating out of stocks and have been buying metal the last year or so. With no additional cash in - I'm really sitting pretty. I'm already at 150% more metal than I sold and more to go. Even with mistakes I've made (we all do), I'm still sitting pretty. Don't hate da playa bro - hate dat game! Werd to yo momma, sentence to yo papa, and a whole paragraph to your grandmama even!!![/QUOTE]
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