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<p>[QUOTE="fools_gold, post: 1030964, member: 20669"]Well I can't tell you NOT to sell your silver at $27. If you are looking to profit, you can do that if you feel the profit is worth it. But the question is, what will you do with that profit? If nothing more than holding on to USD with it, I don't think silver will stop at $27. So if you just hold onto your "profit" you would just be taking yourself out of the game when you don't have to.</p><p><br /></p><p>Your wife is half right. You should keep searching to make sure you are comfortable in your investments. But I see no value whatsoever in purchasing any services at your bank. Why? What are CD's giving you? 1%? That's a joke. What's your savings account giving you? 1% as well? What's our inflation rate? It sure is a heck of a lot more than 1%. So let's say it's 2%. Right off the bat, you are already -1% in your "services" that you purchased at the bank.</p><p>The President is 100% right when he says your money is safe at the bank. If you have $100,000 in your account. You will still have that $100,000 because of the FDIC. But our President is the slight of hand master as well as helicopter Ben. </p><p>What they don't tell you is that your $100,000 might be worthless or valued much lower in real money.</p><p>Let's say hypothetically a stamp cost $1,000 in the distant future. Well, then a bottled water will probably cost $20,000. Do you still feel great with that $100,000 in your account that the President said was safe?</p><p><br /></p><p> </p><p><br /></p><p><br /></p><p>I can't stand what is happening with real estate. Listen, I own a home and honestly, it's not worth what it's valued at right now. I feel it is over-valued!!</p><p><br /></p><p>There are so many homes that the banks are holding onto. Supply and demand. More supply the lower the value...just let these homes get on the damn market already so those that want to buy can purchase at a reasonable price.....[/QUOTE]</p><p><br /></p>
[QUOTE="fools_gold, post: 1030964, member: 20669"]Well I can't tell you NOT to sell your silver at $27. If you are looking to profit, you can do that if you feel the profit is worth it. But the question is, what will you do with that profit? If nothing more than holding on to USD with it, I don't think silver will stop at $27. So if you just hold onto your "profit" you would just be taking yourself out of the game when you don't have to. Your wife is half right. You should keep searching to make sure you are comfortable in your investments. But I see no value whatsoever in purchasing any services at your bank. Why? What are CD's giving you? 1%? That's a joke. What's your savings account giving you? 1% as well? What's our inflation rate? It sure is a heck of a lot more than 1%. So let's say it's 2%. Right off the bat, you are already -1% in your "services" that you purchased at the bank. The President is 100% right when he says your money is safe at the bank. If you have $100,000 in your account. You will still have that $100,000 because of the FDIC. But our President is the slight of hand master as well as helicopter Ben. What they don't tell you is that your $100,000 might be worthless or valued much lower in real money. Let's say hypothetically a stamp cost $1,000 in the distant future. Well, then a bottled water will probably cost $20,000. Do you still feel great with that $100,000 in your account that the President said was safe? I can't stand what is happening with real estate. Listen, I own a home and honestly, it's not worth what it's valued at right now. I feel it is over-valued!! There are so many homes that the banks are holding onto. Supply and demand. More supply the lower the value...just let these homes get on the damn market already so those that want to buy can purchase at a reasonable price.....[/QUOTE]
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