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<p>[QUOTE=&quot;Vess1, post: 1113107, member: 13650&quot;]I don&#039;t know.&nbsp; I look at the charts now and I&#039;m getting more skeptical.&nbsp; How much longer can this go on?&nbsp;&nbsp; As recently as Jan. 09 we were looking at 11.00!&nbsp; Just 2 years ago.&nbsp; &nbsp; 2010 started off at 16.00.&nbsp;&nbsp; Ended in the upper 20s.&nbsp;&nbsp; Now only 2 months into 2011, we&#039;re looking at low to mid 30s.&nbsp;&nbsp; So that&#039;s tripling your money in 3 years.&nbsp; That&#039;s extreme for any investment.&nbsp; Do we assume this is the new floor?&nbsp; It wasn&#039;t that long ago, people were saying you couldn&#039;t lose in the housing market either.</p><p>&nbsp;</p><p>&nbsp; As a perspective, the banks are offering around 1% on a savings account these days which would take you over 70 years just to double your money.&nbsp; Surely there&#039;s lots of people jumping on the silver band wagon now.&nbsp; Are these real, solid gains or panic driven?</p><p><br /></p><p>&nbsp; Just look at the charts and how brief these recent levels have maintained.&nbsp; I can&#039;t believe people are so anxious to dive in as it&#039;s climbing faster than it ever has before.&nbsp; I guess I&#039;d just be careful about buying large amounts right now, without letting a little more time pass.&nbsp;&nbsp; It&#039;s so volatile, that it&#039;s surprising so many people are looking to get in.&nbsp; It&#039;s got just as much of a chance of going to 50 as it does back down to 15.&nbsp; </p><p>&nbsp; If the banks ever pay any interest again, I can see a lot of people taking their profits off the silver highs and re-investing in the safety of something else.</p><p><br /></p><p>&nbsp;At some point, the bloom is off the rose and PMs are going to hit the back burner again.&nbsp; It&#039;s called buying low, selling high.&nbsp;&nbsp; We don&#039;t know the future, but we do know we&#039;re at 30 year highs right now.&nbsp; Make of it what you will.[/QUOTE]</p><p><br /></p>

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