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re: Serious Damage Done to Precious Metal

Posted on 5/1/13 at 6:53 pm to
Posted by Lsut81
Member since Jun 2005
80218 posts
Posted on 5/1/13 at 6:53 pm to
quote:

If it's a bottom, it's a false bottom. There's still a lot of fear going around, plus the Gold advertising doubled right after the mini crash, which usually means dealers are ggetting nervous and trying to artificially keep the price high so they offload before the real crash.


I'm considering unloading a bit of my gold and silver when the prices get back up to a decent level...

Maybe $1600 and $32
Posted by Reubaltaich
A nation under duress
Member since Jun 2006
4970 posts
Posted on 5/1/13 at 7:04 pm to
Well, I am not making OT money so I am sticking with silver.

A buddy of mine is saying once silver hits $22/oz, that is the time to buy.

I have some money that I have been waiting to drop into some silver eagles. Yeah I love my Silver Eagles cause they are 'purty'.

Is $22/oz on silver a reasonable buy price or is there some more downward price?

Thanks
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