Silver investors running scared
Uploader Comments (MrSilverWizard)
Top Comments
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with me my friends dont get into it bcos they want quick cash and if they cant make it they rather spend what they have now on more crap they dont need. with me i dont need the money so i can have $5,000.00 in gold n sliver leave it in my closet and not even look/think about it, they dont understand that, but in 1 year i will still have 5,000 or more of silver n gold and my firends $5,000 worth of cloths, sneakers,ipad with be worthless.
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Great Video Wizard and you're exactly right. As a matter of fact those of us that are buying silver should look at these dips as a very possible event of it being one of the last to come. Right....we just don't know. But if people will just go back and study the fundamentals of this shiny white stuff. It could give you the reassurance that they need. Don't let these lows cause those that are worried, to run scared. The markets are running to metals. Shorts are happening. Take advantage of it :>)
All Comments (63)
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People should change their thinking. Judging value in terms of money is pointless. Silver doesn't "take off". It doesn't "go up" or "go down" the price in money does, while silver stays the same. Think of it like this: how much worthless paper money does it take to get 1 oz of silver? Who cares, just get it. The lower the "price" goes the cheaper it is to get. One should not get silver in order to sell it for more money later, but rather to get out of inflationary money to begin with.
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great video, and I believe silver will too. I collect 90% and 40% bullion , keep the hope!
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@minuteman2012 They'll have another QE. How else will they fund their budget? Unless Obama cancels all the wars, drastically cuts social security, and massively raises taxes. During a recession, when he up for re-election next year?
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The silver market "crashed" because of CME Group telling it's brokers to dramatically increase margin requirements. Most paper-silver investors had to liquidate their entire positions, thus culling a lot of investor demand and increasing supply. Manipulation, pure and simple.
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even if you lose money on your silver your better off with silver than paper money or paper money based assets. the dollar will collapse in the next year or so .especially if the fed has another qe.
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Great Video.. Keep Stacking!!
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@WhyMeWhySilver If I had held on to the silver I bought when it was $7 an ounce,I'd be an investing genius right now with silver $46 an ounce.It will be over $50 an ounce before summer.I am buying what my budget will allow.Everyone should own at least 50 ounces,and several ounces in gold.You don't have to be a millionaire to invest in it today,but you probably will in a few years
Nice video. I just stumbled across you. Thanks for posting.
tesskansas 1 year ago
@tesskansas thank you i am glad you enjoyed it.
MrSilverWizard 1 year ago
Hey My mom noticed paula dean in the background and she wanted me to say hello for her, lol. Yea I used to live In north chicago, Racine area and being a navy brat we went through tough times too. Making life better for kids and family is really all we can ever ask for.
crazyzee81 1 year ago
@crazyzee81 I love Paula....I steal her recipes all the time! lol....glad you enjoyed the video....say hello to your Mom back : )
MrSilverWizard 1 year ago