Silver shot up.

[miscreanity]

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

Too late.

[Raize]

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.

[Intervex Digital]

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! 

[Mjbmonetarymetals]

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

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



http://www.youtube.com/watch?v=tj2s6vzErqY&feature=youtube_gdata_player

[S3052]

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

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

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

[Ten98]

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

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

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 

[Mjbmonetarymetals]

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

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

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 

In 3 years time.....that'll be around QE23 , be sure to pick your wheel barrows up early, before the mad rush.

[miscreanity]

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

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

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]

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