REPORT ABUSIVE REPLY
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Message Subject
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Is the silver market currently a sort of ponzi scheme?
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Poster Handle
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Anonymous Coward |
Post Content
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Sometime last year when the markets crashed 700 points in one day I purchased a few ounces of silver junk coins for 42 dollars per ounce. I hung on to them until I started to realize that the doom forecasters didn't really know what they were talking about (after the series of greek default missed budget deadlines, etc.) and sold them last week when silver was at 33 dollars per ounce. The funny thing is that I could only get 18 dollars per ounce at the silver store I went to, I was surprised to find silver is not a good store of value in the current market!
Quoting: Anonymous Coward 1546285 You sound like a member of a federal goverment budget committee.
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