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Author Topic: Silver shot up.  (Read 5200 times)
miscreanity
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August 25, 2011, 06:56:27 PM
 #61

... if the price carries on rising again it's time to BUY BUY BUY.

Too late. Smiley
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August 25, 2011, 08:03:11 PM
 #62

When would I be wrong?
Only if Silver makes a new high above 50$. But even if this happens, the crash is just postponed and Silver prices will eventually come back below 10 $ in the next 2-5 years.[/color]

I have 20 Bitcoin that says silver never drops under $10 an ounce in the next ten years.

Why you guys still value things in a currency that is quickly losing status as the world's reserve currency is beyond me... in the 1970s when gold topped $100/ounce everyone thought it was in some super huge bubble and was sure to fall back under $100. Then it passed $200, $300, $400 and they still thought it was going to fall down under $200 "at some point". Well, it did, in 1999 over 20 years later. It was only after it passed $600/ounce that people realized just how horrible Nixon and Carter had screwed up the economy, things that people are realizing about Bush/Obama now.

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Intervex Digital
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August 26, 2011, 02:03:47 PM
 #63

Why you guys still value things in a currency that is quickly losing status as the world's reserve currency is beyond me... in the 1970s when gold topped $100/ounce everyone thought it was in some super huge bubble and was sure to fall back under $100. Then it passed $200, $300, $400 and they still thought it was going to fall down under $200 "at some point". Well, it did, in 1999 over 20 years later. It was only after it passed $600/ounce that people realized just how horrible Nixon and Carter had screwed up the economy, things that people are realizing about Bush/Obama now.

This has got o be one of the best things I've read on here in a while, very well said!  Smiley

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Mjbmonetarymetals
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September 04, 2011, 08:27:57 PM
 #64

Yes. Buying silver is a great idea, when it has fallen below 10$ in the next 1-3 years.

 Grin cheers that's the funniest thing I've heard all day , nearly spilt my coffee Grin



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September 05, 2011, 06:35:09 PM
 #65

Yes. Buying silver is a great idea, when it has fallen below 10$ in the next 1-3 years.

 Grin cheers that's the funniest thing I've heard all day , nearly spilt my coffee Grin



Wait just a little bit and you will see my prediction to come true

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September 05, 2011, 10:48:16 PM
 #66

Yes. Buying silver is a great idea, when it has fallen below 10$ in the next 1-3 years.

 Grin cheers that's the funniest thing I've heard all day , nearly spilt my coffee Grin



Wait just a little bit and you will see my prediction to come true

I hope this forum is still here in 3 years when Silver is worth at least $150 an ounce and we all point and laugh  Wink
Mjbmonetarymetals
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September 05, 2011, 11:37:34 PM
 #67

Yes. Buying silver is a great idea, when it has fallen below 10$ in the next 1-3 years.

 Grin cheers that's the funniest thing I've heard all day , nearly spilt my coffee Grin



Wait just a little bit and you will see my prediction to come true

I hope this forum is still here in 3 years when Silver is worth at least $150 an ounce and we all point and laugh  Wink
In 3 years time.....that'll be around QE23 , be sure to pick your wheel barrows up early, before the mad rush.
miscreanity
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April 17, 2012, 07:34:47 PM
 #68

Yes. Buying silver is a great idea, when it has fallen below 10$ in the next 1-3 years.

 Grin cheers that's the funniest thing I've heard all day , nearly spilt my coffee Grin



Wait just a little bit and you will see my prediction to come true

I completely forgot about this thread, but a calendar entry reminded me to come back to this thread and laugh. I suppose the $26 low in 2011 was sort of close to $10, right?

Always keep the paper/physical (derivative/underlying) difference in perspective. If you're saying $10, you mean paper - not real silver.
bracek
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April 18, 2012, 10:58:20 AM
 #69

and bet payout might be too high in value to honor it Smiley
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