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Why Silver part 2

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Uploader Comments (tradergee1)

  • Hay Gee:

    11/04/2010 12:15 pm Silver has hit $26.01 ... OH MY

  • @myhideaway08 oh yesssss.

  • My husband sees what's happening to the dollar and PM prices going up, but we live on one income now and he can't justify spending money on silver(i can though). I bought a few ounces a few years ago when I was working outside the home, but that's it. If the dollar collapses, what do you think is the minimum amount of silver a family should physically own. We also have a few broken 22kt gold pieces, is that worth keeping or is it best to sell that for cash now? Thanks!

  • @lisajames96 I would sell the gold and buy Silver generic rounds

Top Comments

  • @spaceinvader79 I did the math first. i didn't buy Silver then pump it up. You will be left behind. Invest in what commodity? Oil? and store it where in my closet?There will come a time when everyone realizes that owning metals is never a bad idea. How high do the metals have to go before its not BS anymore? Your logic is flawed with all due respect.

  • @spaceinvader79

    You have to research the subject (including history) to know if this information is pump up or not.

    You will also find that these metals will go up in price weather you have more or less people investing. Learn about the Modern Money Mechanics

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All Comments (25)

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  • JPMorgan, HSBC sued for alleged silver conspiracy

  • Hi5s@U, TraderGee! ;)

  • @tradergee1 I agree. It is funny how during the Tech Bubble & Housing Bubbles .. the financial channels never tell us we are in a Bubble ..But, as soon as Gold or Silver go up they ask "Is this a bubble".. that alone speaks volumes! ... If PM's are in a bubble ... this is just the beginning .. we have a few years ahead of us .. just like every other bubble. But I for 1 will hold on to pass some silver and gold on to my family when I die. Just my 2 cents 

  • That fear of confiscation is nothing compared to the paper money which is from the start confiscated !

  • I really doubt that confiscation is on the table -it's too obvious a desperate move and would cause mass panic in the markets and cause what little "value" in the dollar to plummet. No, instead I think they'll just impose heavy taxes and laws/regulations in it's sale or exchange... and that's mainly with gold, not silver. Just considering the many many industrial uses of silver, it would be committing suicide to be so heavy handed with the silver market.

    Great to see you posting again. : )

  • @cosmosgato There will come a time when it will be a bit late to sell. when there are more ounces for sale than demand for them it will be the top. This happens in every market. But it is never wrong to own real money whether its moving up in price or down. Americans should save metal rather than fiat and dollar cost average in and pass the metal to future generations after teaching them the truth about what is real.

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