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<p>[QUOTE="Juan Blanco, post: 1579025, member: 41665"]And that's neither here nor there, superfluous and totally irrelevant to both </p><p>a) what I said, and </p><p>b) the OP's stated intention: "I will be in this situation for about 2 years {...} <u>making money and accomplishing my goal</u> at the same time." </p><p><br /></p><p>You cannot pick & choose dates, fatima. The OP specified two years, ~November 2014. EOS. Whether you like it or not, whether you want to hear/read it or not, it is what it is.</p><p><br /></p><p> This isn't difficult to grasp. For bullion, someone likely paid a 12-15% premium over avg Spot @ $32.41 with the intention to "make money" in two years: imagine it's 1,000 ozt. = initial cost USD$ 36,300. Assuming 4% annual inflation in real prices, the buyer needs to sell at ~$40k to slightly break even. The target Sell price is therefore POS > $39.26 - $40. on November 2014, <b>just to break even. </b>I'm not convinced a reasonable cost-benefit analysis (for 2 years) warrants this kind of trade (holding/selling bullion) but 'other personal factors' might justify this rationale. I'm also not convinced we won't see <i>a bigger sell-off</i> than gain in THE NEXT 24 MONTHS... it may be, or not. </p><p><br /></p><p>So - for the <b>short term, risk-averse trader</b> (the OP, as self-declared) - I DO think Silver is a poor asset choice for his stated purpose. </p><p><br /></p><p><br /></p><p>Hahaha! That's frikken hilarious. Do you realize what you just wrote?[/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1579025, member: 41665"]And that's neither here nor there, superfluous and totally irrelevant to both a) what I said, and b) the OP's stated intention: "I will be in this situation for about 2 years {...} [U]making money and accomplishing my goal[/U] at the same time." You cannot pick & choose dates, fatima. The OP specified two years, ~November 2014. EOS. Whether you like it or not, whether you want to hear/read it or not, it is what it is. This isn't difficult to grasp. For bullion, someone likely paid a 12-15% premium over avg Spot @ $32.41 with the intention to "make money" in two years: imagine it's 1,000 ozt. = initial cost USD$ 36,300. Assuming 4% annual inflation in real prices, the buyer needs to sell at ~$40k to slightly break even. The target Sell price is therefore POS > $39.26 - $40. on November 2014, [B]just to break even. [/B]I'm not convinced a reasonable cost-benefit analysis (for 2 years) warrants this kind of trade (holding/selling bullion) but 'other personal factors' might justify this rationale. I'm also not convinced we won't see [I]a bigger sell-off[/I] than gain in THE NEXT 24 MONTHS... it may be, or not. So - for the [B]short term, risk-averse trader[/B] (the OP, as self-declared) - I DO think Silver is a poor asset choice for his stated purpose. Hahaha! That's frikken hilarious. Do you realize what you just wrote?[/QUOTE]
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