Why buy gold & silver? Venturing into the unknown

[cityguyable]

Good stuff Chad, keep it coming.

[futureworksexpress]

welcome back, enjoy your insight. I think there should be a rule that people should have to show they own 1,000oz minimum before speaking on silver investing.

[1964Plutarch]

I agre@futureworksexpress

[jimbobubbadj]

I like to hear what you have to say Chad. Keep the vids comin'!

[SILVERSPOON999]

I think that's a great idea, as long as you dumb it down for us ordinary people.thumbs upp dude!

[bigrsoul]

thanks Chad,look forward to listening, cheers, ps what do you think of my new picture?

[SilverLadyBug999]

I love your videos, they are informative & friendly. Thank You :)

Looking forward to the video sections.

[Mastinox803]

Not bashing just being realistic. It cost less than 7 dollars to mine an oz of silver. Silver is down 40% and has shown all of the traits of a bubble. I wouldn't have said that 1 year ago. But now after the fact, it is pretty obvious. Even for this ex silver bug.

[vambo13257]

@Mastinox803 Silver is a long term investment, you can pick several points in time and say it is up or down. For instance if you bought about a month ago you are up about 20% . I bought most of my core at $17 so I am up 80% as of today. Conversely if you bought at $42 you are down about 30%. If you are trading be very careful!

[Mastinox803]

@vambo13257 1 month ago silver was at 29 and it is now at 31.5. Thats less that 10% not 20. Silver is like some people's religion where they wont accept indisputable facts. When you do this, you are trading/investing on emotion and not logic. You will chase the market and get skinned by professionals. I closed my silver positions when it hit 45$. As it stands, I was right and silver bugs are wrong. The silver bull is done. If people cant see this, they deserve to get skinned.

[onisuk]

@Mastinox803 what a nobhead reply and your comment "i closed my silver positions" says it all really, if you're a paper trader you're not a true investor....you're just playing their games ! now it time for you to wake up punk ;o)

[Mastinox803]

@onisuk Actually I had over 800oz physical and was on my way to a goal of 1000. Your name calling and anger just proves I am right. Thx.

[vambo13257]

@Mastinox803 You are full of sh!t, and that is on a good day! I was talking about when silver was just over $26 and is now at $30. I can imagine that if the "bull" starts running again you will be here saying that you got back in "just in time" to profit!

[Mastinox803]

@vambo13257 I started purchasing physical silver when it was at about 13 spot, was paying 15. I bought all the way up until probably mid 30's. I preached to all my friends about silver and the BS short market. When it got close to 50 and I started seeing silver ads on TV, I got nervous. Looking at technicals and actually considering it may be a bubble, I prepared myself to sell. Now after the fact, I made a lucky call when I decided to get out. Im no expert.

[Mastinox803]

@vambo13257 But honestly, put your emotion and anger aside. Actually consider the opposite side of the coin without bias. Price explodes unnaturally and you see ads on TV. Same shit with housing and flipping houses get rich quick. When you see non conventional investors rush into a market, it is time to split. It is what it is and the price of silver proves my point. If the silver bugs where right, it would be a lot more than 50 at this time. Go to any online dealer, no shortages.

[onisuk]

@Mastinox803 that maybe true (but i doubt it) but how often can you buy your silver from the mining company in 5000oz unrefined bars .............? OH YEAH NEVER ! they are then sold to the refiners to bring up to %99.99 then sold to the mints around the world who mint them into the coins we know and love, then sold to us the public .....how this is all done for $30 and a profit is sill made is beyond me !!!!!!!!!!!!!

[TheDonovan68]

YOUI MEAN OGHEED?

[gerryboy3699]

voice of reason as always Chad, look forward to the clips.

[westin1985]

Go over some of the new stuff you are learning. Where did you get that cd set on Money Mastery? Infomercial.

[METALBUG999]

I miss the paltalk chat room.

[cvenzke410]

@METALBUG999 Start a chat room up.

[MrMetalBreath]

omg, i just thought to myself, i have not seen anything from you in a while, and went to your site, and you just posted. that is bizarre. I appreciate what you do. Thank you.

[ArgentPure]

Keep Stacking Brother! Well said on the stooges!