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It's unanimous! Everyone agrees, Silver is a sucker play and Gold is the way to go. | |
Dire Roach Offer Upgrade User ID: 1281846 United States 04/29/2011 03:43 PM Report Abusive Post Report Copyright Violation | Buying silver now is just like going to a casino where you know that the games are rigged. We all agree that JPM, HSBC and the FED are conspiring to suppress the price and keep it under $50.- Given that they have infinite resources and have been doing a pretty good job for the last decade or so, what makes you thing that they're not going to keep on holding it under $50 for another decade. Just look at gold, up $30 a day for the last two days now while silver sits at $48.50 and doesn't show any signs of budging even while the dollar continues to tank (72.919 as I write this). [link to www.bloomberg.com] If you're going to buy precious metals as a hedge against inflation (hyper or otherwise) then gold really looks like the way to go while silver is beginning to look more and more like a sucker play. |
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