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Silver Trader 02/23/09

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Uploaded by on Feb 23, 2009

Are they Kidding?

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Film & Animation

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Standard YouTube License

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Uploader Comments (tradergee1)

  • I'm surprised silver or gold has not spiked much higher in the last 5 days considering where the markets have gone...shows that they are at overbought levels and maybe the markets are very close to a bottom. Markets should rebound 15% till end of April then watch out...all hell should break lose....silver will be your friend

  • Yeah I expect the metals to pull back and then it's time to load up.

  • Silver is over bought in "paper" fiat.

    All these silver certificates are just like paper money right ?

  • Yes they are a promise just like the dollar bill. Yo need real metal.

  • Great video as ever. Do you recommend buying large bars of silver (eg a kilo)? Or is that going to be hard to resell at a later date. Here in the UK it seems to be especially hard to obtain Silver. Seems to be very few outlets for coins. I don't know why. But, occasionally I do see larger bars for sale. And thoughts would be apprciated. Thanks again.

  • The large bars will save you some money since you are buying in bulk. You have to decide what you will be trading the Silver for when the time comes like paying off the mortgage or putting it down on a house.

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  • yes the spot price of silver might have dropped.

    But some shops do not have any silver anymore, and others do not care so much about a lower spot price.

    They only react when the spot price increases.

    And not so many options to buy silver and gold here anymore. When the price drops nobody is selling it looks like.

  • Interesting.

    I will keep on tracking your videos.

    I hope for a drawback in price, because then i can buy more.

  • Also Max Keiser said gold is manipulated. He could see it just from the movements on the market. He said he made a trading system that was patented and he sells it. He can see it with that.

  • There already is a disconnect. and we want the paper market to fail.

  • how do you know who to trust when buying? thers a million gold and silver sellers these days.

  • We need a default or a lack of trust in paper silver prices. I except their will be two markets paper and physical prices.

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