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What if silver plummeted down to $15oz, would you be ready?
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<p>[QUOTE="conpewter, post: 1174266, member: 23236"]Recent correction was at least partially because margins were raised in the paper silver market, so some people had to sell off their positions.</p><p><br /></p><p>Anyway I'm in the process of buying a house right now so if it dropped to $15 I wouldn't have a lot of free cash to buy with, but would seriously want to! I have been thinking about taking the small 401k from my first job and rolling it into a precious metals IRA or cashing it out (ouch penalty/taxes) and buying gold/silver.[/QUOTE]</p><p><br /></p>
[QUOTE="conpewter, post: 1174266, member: 23236"]Recent correction was at least partially because margins were raised in the paper silver market, so some people had to sell off their positions. Anyway I'm in the process of buying a house right now so if it dropped to $15 I wouldn't have a lot of free cash to buy with, but would seriously want to! I have been thinking about taking the small 401k from my first job and rolling it into a precious metals IRA or cashing it out (ouch penalty/taxes) and buying gold/silver.[/QUOTE]
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What if silver plummeted down to $15oz, would you be ready?
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