Silver Buying opportunity
Uploader Comments (davincij15)
All Comments (61)
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I still like silver but meanwhile I want people to see the full picture of it. I think the volatility is there until it's widely accepted as monetary medal again. Just my 2 cents.
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I wanna remind me people of the volatility of silver's price. The up side is clearly there, but it may not hold the high price desirably long enough. That's one factor people tend to miss.
For example, imagine 2 stocks A & B. A gives you 5X return. B gives you 10X. You'd think B is NoBrainer, but what if A can stay at the high for a year while B only a day and then down? That way you may easily miss B's high, which makes it as if the 10X high never happened.
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lovin the ron paul sign
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Join a nationwide effort to overwhelm your Senators with calls demanding support for S 604 to Audit the Federal Reserve, as well as say NO to new powers for the Fed.
The Senate Switchboard number is:
(202) 224-3121 or toll free at 888-355-3588 or 888-818-6641.
Call-A-Thon Targets:
HOUSE OF REPS:
Barney Frank (D-MA) 202-225-5931
Call to urge him to bring HR 1207 to a vote!
SENATORS - URGE TO SUPPORT S. 604:
Richard Shelby - (R-AL) - 202-224-5744 (Ranking member on Banking Committee)
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The fastest way to liquidate gold out side of the US and UK is a bank.
If you are in those countries you have to sell to a coin shop or dealer such as APMEX or AllAmericanGold. Also you can sell it directly to individuals via E-Bay or Craigslist.
hope that helped.
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davince: I know that, but WHERE, besides the coin shop, can I sell it when people are willing to pay? Again: APMEX?, some other place beside APMEX? E-bay? I'm asking for WHERE to sell. I guess I can call around at the local coin shops, but I need all the help I can on this one.
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In Zimbabwe everyone accepts gold or silver for exchange of goods and services.
Let's say you do want to sell your gold for currency. The only reason you will get I high dollar price is because a large number of people want it.
Thus selling it is not a problem, I can sell it 10 oz gold right now at my coin shop and walk out with 10 grand Canadian.
Prices are not a function of I got something and I am not selling it. It's a function of you want it and WILLING to pay a lot for it.
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I am sure you can buy just 1 ounce a month.
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That is physical cash. Total electronic cash is 7 Trillion.
Gold and silver is going to go WAY DOWN!!!
Just look at the charts of gold and silver when the Dow Jones got sold off last fall. FORCED LIQUIDATION!!! Everything will get sold. I wish I knew how to short gold and sliver.
zappos49 2 years ago
DGZ to double short gold
SSIL Short silver
Are ETNs that can get the job done pile on dude I will be buy it when you discount the price for me.
davincij15 2 years ago