Who bought Silver instead of Gold?... **Official I fucked up thread**. | |
| Anonymous Coward User ID: 1497546 08/08/2011 05:19 PM Report Abusive Post Report Copyright Violation | |
| DutchCourage User ID: 892057 08/08/2011 05:20 PM ![]() Report Abusive Post Report Copyright Violation | |
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| Anonymous Coward User ID: 1462880 08/08/2011 05:23 PM Report Abusive Post Report Copyright Violation | So who here bought silver instead of gold? Quoting: Anonymous Coward 1488131I got into silver in April when it was around $41, and bought for $45. Whew, did I screw up or what? I wonder if selling the silver when it gets back to 40 would be a good idea so I could then buy gold with that? I would make up loses in no time, and at least make a little money that I wouldn't have made with silver so far... Gold seems like an awful price to buy at right now (wish I had that mentality in the beginning with silver), but it just continues to go up so I don't see why I should stay with this silver that just sits around between 35-40 every day. It should be going UP right now, now down. Gold is skyrocketing and and silver is going DOWN? Every month someone says its going to be at 45 or 50 soon, and it never happens. Don't sell, it will go up. Silver has quadrupled in the past 3 years...gold has only doubled. |
| Anonymous Coward (OP) User ID: 1488131 08/08/2011 05:24 PM Report Abusive Post Report Copyright Violation | |
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| BrianMoran User ID: 1485953 08/08/2011 05:26 PM Report Abusive Post Report Copyright Violation | So who here bought silver instead of gold? Quoting: Anonymous Coward 1488131I got into silver in April when it was around $41, and bought for $45. Whew, did I screw up or what? I wonder if selling the silver when it gets back to 40 would be a good idea so I could then buy gold with that? I would make up loses in no time, and at least make a little money that I wouldn't have made with silver so far... Gold seems like an awful price to buy at right now (wish I had that mentality in the beginning with silver), but it just continues to go up so I don't see why I should stay with this silver that just sits around between 35-40 every day. It should be going UP right now, now down. Gold is skyrocketing and and silver is going DOWN? Every month someone says its going to be at 45 or 50 soon, and it never happens. LOL. Do you remember the opening scene on the freeway in Office Space? Where the main character was on his way to work and the other lane of the freeway would start moving, so he'd switch lanes, and right at that moment, the lane he switched to would stop and the one he had been in would start moving again. That's what you're contemplating doing here. Just sit tight and you will be richly rewarded. You bought near the recent high, but silver will be at $70 by year's end. Don't worry. |
| BrianMoran User ID: 1485953 08/08/2011 05:27 PM Report Abusive Post Report Copyright Violation | Don't sell, it will go up. Silver has quadrupled in the past 3 years...gold has only doubled. Quoting: Anonymous Coward 1462880Good point... Patience indeed. Maybe I will buy a little gold to add with my silver, though. Not a bad idea. |
| Anonymous Coward User ID: 1462880 08/08/2011 05:30 PM Report Abusive Post Report Copyright Violation | Don't sell, it will go up. Silver has quadrupled in the past 3 years...gold has only doubled. Quoting: Anonymous Coward 1462880Good point... Patience indeed. Maybe I will buy a little gold to add with my silver, though. Actually, I think silver is still the better buy..read this: [link to brie-hoffman.hubpages.com] |
| Punk-A$$ets User ID: 1410297 08/08/2011 06:56 PM ![]() Report Abusive Post Report Copyright Violation | Hang in there. You'll eventually be well rewarded. But it may take a few years before you really thank yourself. I think you have to buy both if your going to do the PM thing. For me, I "play" silver and mostly hoard the gold. That is going to change when the gold volatility starts. Earlier this year I sold a load of silver on the run up between 38 and 48 and locked the dollars up in gold. It was a good move but it wasnt like I timed it like that. I just happened to fall ass deep in good luck and then got a horseshoe stuck up may ass as well. Those kinds of moves dont always work out like that but, the trend is up, up, up. Gold Prices: 12/31/2000 - $273 12/31/2005 – $516 12/31/2010 - $1,421 12/31/2011 - $1,566 12/31/2012 - $1,676 12/31/2013 - lower than last year??? I find it ironic how posters keep telling us how gold and silver will be confiscated, a minuscule market mind you, at the very same time the bankers are changing laws to simply confiscate savings and market accounts directly. In fact, we've already had confiscations; MF Global and Cyprus. Sorry, you'll lose your savings first. |
| Anonymous Coward User ID: 1498704 08/08/2011 06:58 PM Report Abusive Post Report Copyright Violation | The only way you "may" have fucked up is buying silver to try and make something ie.. working the the system..... Metels are for protecting wealth,or savings or investments,like land, real assets. Advice, hang on to it buddy, you did'nt buy it with your last 2 cents. Put it away and forget about it for a while. |
| Punk-A$$ets User ID: 1410297 08/08/2011 07:00 PM ![]() Report Abusive Post Report Copyright Violation | I wish I could convince people to just consistently buy a little every week or "every dip" is better. Thats what i have been doing for years. Most people get it in their heads to buy everything in once sitting. That was ok way back when but we're all speculators now, no matter what. Dont ever forget that. $600 gold and $6 silver was pretty easy. Gold Prices: 12/31/2000 - $273 12/31/2005 – $516 12/31/2010 - $1,421 12/31/2011 - $1,566 12/31/2012 - $1,676 12/31/2013 - lower than last year??? I find it ironic how posters keep telling us how gold and silver will be confiscated, a minuscule market mind you, at the very same time the bankers are changing laws to simply confiscate savings and market accounts directly. In fact, we've already had confiscations; MF Global and Cyprus. Sorry, you'll lose your savings first. |
Jane Smith![]() Forum Moderator User ID: 1215902 08/08/2011 07:05 PM ![]() Report Abusive Post Report Copyright Violation | You did not f-up. Sit tight and take the other poster's advice. You have protected your wealth. If you have $ to speculate & trade on, then ride the voliatility roller-coaster in equities, take any $ made & invest further in metals. Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided. "Don't die on a small cross..." Saddletramp's Mom "A fool thinks himself to be wise, but a wise man knows himself to be a fool." -- William Shakespeare, born April 23, 1564. |
| Anonymous Coward User ID: 1439417 08/08/2011 07:07 PM Report Abusive Post Report Copyright Violation | So who here bought silver instead of gold? Quoting: Anonymous Coward 1488131I got into silver in April when it was around $41, and bought for $45. Whew, did I screw up or what? I wonder if selling the silver when it gets back to 40 would be a good idea so I could then buy gold with that? I would make up loses in no time, and at least make a little money that I wouldn't have made with silver so far... Gold seems like an awful price to buy at right now (wish I had that mentality in the beginning with silver), but it just continues to go up so I don't see why I should stay with this silver that just sits around between 35-40 every day. It should be going UP right now, now down. Gold is skyrocketing and and silver is going DOWN? Every month someone says its going to be at 45 or 50 soon, and it never happens. LOL. Do you remember the opening scene on the freeway in Office Space? Where the main character was on his way to work and the other lane of the freeway would start moving, so he'd switch lanes, and right at that moment, the lane he switched to would stop and the one he had been in would start moving again. That's what you're contemplating doing here. Just sit tight and you will be richly rewarded. You bought near the recent high, but silver will be at $70 by year's end. Don't worry. BrianMoran is a genius. Listen to this guy. ![]() |
| Anonymous Coward User ID: 1336768 08/08/2011 07:09 PM Report Abusive Post Report Copyright Violation | |
| Punk-A$$ets User ID: 1410297 08/08/2011 07:20 PM ![]() Report Abusive Post Report Copyright Violation | okay so if everyone buys every week little by little what will that mean to the real price? Quoting: Anonymous Coward 1336768Can they hammer it down just as easy? That sounds like a buy in day right there. Those hammers are the buy. Most people run like hell on those days. I call APMEX. This PM bull market has years more to go. I'd have a different response if that wasnt the case but you have to agree there is presently no hope on the horizon? Gold Prices: 12/31/2000 - $273 12/31/2005 – $516 12/31/2010 - $1,421 12/31/2011 - $1,566 12/31/2012 - $1,676 12/31/2013 - lower than last year??? I find it ironic how posters keep telling us how gold and silver will be confiscated, a minuscule market mind you, at the very same time the bankers are changing laws to simply confiscate savings and market accounts directly. In fact, we've already had confiscations; MF Global and Cyprus. Sorry, you'll lose your savings first. |