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What do you think will happen to Silver in the next few years??
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<p>[QUOTE="desertgem, post: 1080448, member: 15199"]Evidently, the number of those expecting such social and monetary breakdown are few and becoming fewer. If we look at Smith and Wesson ( SWHC), their high stock reflecting sales was on 8/10/07 @ $22.80 and by the first on the next year 1/08 was @ 6.22 where it has been flat since, falling to current $ 3.77. Olin ( gunpowder, ammo, and Winchester) was $30.39 high on 7/29/08 and is now $20.70 share. Perhaps those who fear such don't need to buy more guns and ammo, but many of the gun/ammo companies ( Such as Remington products have been bought by private equity /hedge funds which would be considered ironic by some, except they did so expecting more income than has shown up). S&W would be bought in a snap if there was real concern IMO. No offense intended, no one knows the future, but ignoring the present can negatively impact your financial future, IMO.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1080448, member: 15199"]Evidently, the number of those expecting such social and monetary breakdown are few and becoming fewer. If we look at Smith and Wesson ( SWHC), their high stock reflecting sales was on 8/10/07 @ $22.80 and by the first on the next year 1/08 was @ 6.22 where it has been flat since, falling to current $ 3.77. Olin ( gunpowder, ammo, and Winchester) was $30.39 high on 7/29/08 and is now $20.70 share. Perhaps those who fear such don't need to buy more guns and ammo, but many of the gun/ammo companies ( Such as Remington products have been bought by private equity /hedge funds which would be considered ironic by some, except they did so expecting more income than has shown up). S&W would be bought in a snap if there was real concern IMO. No offense intended, no one knows the future, but ignoring the present can negatively impact your financial future, IMO. Jim[/QUOTE]
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