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<p>[QUOTE="Rhino89, post: 1158815, member: 21773"]Exactly, it's not the issue of a $1or $2 rise that bothers me, it's the -2% or -3% decrease that literally can happen within a few hours. I don't follow any real indicators or concrete numbers in trying to assess what will happen with silver, I just keep the big picture in mind and keep my eyes open about what goes on around the world in terms of investments. For example, a week ago I read a number of articles in the WSJ and Financial Times about the hardcore increase in purchase of silver bullion in India, China, and other countries that are an enormous chunk of the world's total investment in silver, for example. Also, a number of articles started popping up about investors getting into silver, influencing the market, and every single store in my area now has a sign that says "We Buy Gold and Silver!" which also bothers me. When everyone is rushing through the door to make money on this magical commodity and predict that the price of it will double, triple, quadruple squared in the next few months, it is my personal sign to myself that it's time to get out. I'm a conservative investor in bullion, I'm not looking to make a lot of money, just a bit exstra to invest in other coins, that's all. I'd rather bow out at $42/oz and count my cash than risk a rush to sell one day because silver dropped 5,10,15% over the course of hours, days, etc.</p><p><br /></p><p>When you realize that it's time to get out of a market, it means it's already too late, because what you're seeing is the curve on that graph already in a downward slope. Someone here said it well, you can never be on top at the high point, you'll start selling when you realize you're already seeing the downward turn.</p><p><br /></p><p>But everyone has their own opinion, I don't think it's wrong to keep silver right now and wait longer, I don't try to dissuade anyone. I just look at it from my position in relation to what my goals were when I got into silver. I'm happy with a modest profit, and I wish everyone the most $$$ that they can get their hands on.[/QUOTE]</p><p><br /></p>
[QUOTE="Rhino89, post: 1158815, member: 21773"]Exactly, it's not the issue of a $1or $2 rise that bothers me, it's the -2% or -3% decrease that literally can happen within a few hours. I don't follow any real indicators or concrete numbers in trying to assess what will happen with silver, I just keep the big picture in mind and keep my eyes open about what goes on around the world in terms of investments. For example, a week ago I read a number of articles in the WSJ and Financial Times about the hardcore increase in purchase of silver bullion in India, China, and other countries that are an enormous chunk of the world's total investment in silver, for example. Also, a number of articles started popping up about investors getting into silver, influencing the market, and every single store in my area now has a sign that says "We Buy Gold and Silver!" which also bothers me. When everyone is rushing through the door to make money on this magical commodity and predict that the price of it will double, triple, quadruple squared in the next few months, it is my personal sign to myself that it's time to get out. I'm a conservative investor in bullion, I'm not looking to make a lot of money, just a bit exstra to invest in other coins, that's all. I'd rather bow out at $42/oz and count my cash than risk a rush to sell one day because silver dropped 5,10,15% over the course of hours, days, etc. When you realize that it's time to get out of a market, it means it's already too late, because what you're seeing is the curve on that graph already in a downward slope. Someone here said it well, you can never be on top at the high point, you'll start selling when you realize you're already seeing the downward turn. But everyone has their own opinion, I don't think it's wrong to keep silver right now and wait longer, I don't try to dissuade anyone. I just look at it from my position in relation to what my goals were when I got into silver. I'm happy with a modest profit, and I wish everyone the most $$$ that they can get their hands on.[/QUOTE]
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