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Re: Why you can't buy silver right now

By: Decomposed in 6TH POPE | Recommend this post (0)
Tue, 02 Feb 21 12:01 AM | 61 view(s)
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Msg. 12388 of 58662
(This msg. is a reply to 12382 by Zimbler0)

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Zimbler0:

Re: “Does this mean this might be a good time do dig out and sell those silver 'coins' my employer used to give me for 'perfect attendance'?”
Do you think their price has peaked?

Pundits I read say that it's a good idea to buy while silver is below $50. Of course, they're bullish on the metal and you might not be.

My opinion is that silver is one of the most manipulated (to the downside) items on earth. It's badly undervalued, but since bankers - who I think you'll agree have deep pockets - are the ones holding it down, there's no telling how long it will be until it trades for what it's worth. Can you wait them out? That's probably what it comes down to.








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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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By: Zimbler0
in 6TH POPE
Mon, 01 Feb 21 10:12 PM
Msg. 12382 of 58662

Does this mean this might be a good time do dig out
and sell those silver 'coins' my employer used to
give me for 'perfect attendance'?

I think I got four of them.

Zim.


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