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-   -   Is it time to buy silver and gold? (https://gfy.com/showthread.php?t=1039236)

BareBacked 09-25-2011 04:14 PM
The misinformation in this thread is astonishing.

Choker 09-25-2011 06:44 PM
Quote:
Originally Posted by Jakez (Post 18450928)
I could take $10,000 and turn it into much more than $30,000 over 5 years.
Sure you can. So can I. But that takes how many hours of labor? Buying gold or silver other than intially buying it you do NOTHING. Unless your labor is valued at ZERO which is more profitable? I can buy real estate and in theory it too will appreciate, but again how much in maintenance,taxes, upkeep etc does real estate take? A lot. Bullion requires nothing more than a safe to store it in. That's why people like it.

Choker 09-25-2011 07:00 PM
Silver is down from 30.91 to 30.29 last few hours since Europe opened. Not good. I think at most it will dip to 25 then rebound.

marlboroack 09-25-2011 07:06 PM
Fuck em both :)

Choker 09-25-2011 08:03 PM
Quote:
Originally Posted by Choker (Post 18451492)
Silver is down from 30.91 to 30.29 last few hours since Europe opened. Not good. I think at most it will dip to 25 then rebound.
Down to 29.57 that's a drop of almost 75 cents in a hour. looks like it's gonna be a roller coaster on silver. At least gold is doing good so far today.

aaron 09-25-2011 08:58 PM
Yes commodities should still be accumulated on weakness. For long term investment road map you must learn Dow theory and Kondratiev wave.

http://totalassaultonculture.files.w...tieffwaves.gif

BIGTYMER 09-25-2011 10:50 PM
Gold is down $50 already today... Great news!

strobi 09-25-2011 11:15 PM
Silver is at 26.58$! Holy shit! :)

BIGTYMER 09-25-2011 11:22 PM
Quote:
Originally Posted by strobi (Post 18451690)
Silver is at 26.58$! Holy shit! :)
Awesome! When it hits $20 I'll be stocking up.

DWB 09-25-2011 11:41 PM
Quote:
Originally Posted by strobi (Post 18451690)
Silver is at 26.58$! Holy shit! :)
I didn't think it would ever drop below $30 again.

VikingMan 09-26-2011 12:34 AM
October/November 2011 is going to be an interesting time in history to say the least.:2 cents:

Choker 09-26-2011 08:38 AM
Quote:
Originally Posted by strobi (Post 18451690)
Silver is at 26.58$! Holy shit! :)
Back up to almost $30 now. Thing is even if it hits $25 nobody will sell 90% junk for that. They still want $10 above spot. Anyone that bought at $35 or $40 simply wont sell what they have at lower price. They will just sit on it.

Houdini 09-26-2011 08:45 AM
Quote:
Originally Posted by Jesus H Christ (Post 18451792)
I read daily Bloomberg , FT, and CNBC is on every morning at 6:00am, but this GUY always comes up consistently right. It amazes me how he calls it and makes most "public" traders look like total idiots.
That "guy" is about 40 contributors, all professionals in the finance industry. "Tyler Durden" is the name they use for every post to stay anonymous. It's rumored that the founders are ex-Goldman Sachs employees. They're far from the guy sitting in his basement writing a blog though. Nevertheless, they're spot on and one of the sites that I read multiple times a day.

JP-pornshooter 09-26-2011 10:59 AM
thanks for the link
and yes i for one went out and did some shopping over the weekend.
no doubt the precious metals will grow in the next year.

Choker 09-26-2011 01:44 PM
Quote:
Originally Posted by Jesus H Christ (Post 18453202)
I know, it's called sarcasm. :winkwink: Like you, I check into the blog a few times a day. Anyway, just waiting for a Greek default to see what truly happens, as we all know the Europeans will NEVER call it a default and will label it something else.
News is reporting that they are putting together a Tarp style of bailout.

JP-pornshooter 09-26-2011 02:45 PM
i think i heard the US reserve would be included in financing a European bail out..

DudeRick 09-26-2011 05:04 PM
Quote:
Originally Posted by ******* (Post 18451740)
October/November 2011 is going to be an interesting time in history to say the least.:2 cents:
I'll second that, hold onto your ass! :2 cents:


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