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Message
re: Serious Damage Done to Precious Metal
Posted on 4/15/13 at 9:46 am to Vols&Shaft83
Posted on 4/15/13 at 9:46 am to Vols&Shaft83
quote:
People who invest based on radio and television commercials get what they deserve.
I doubled up on metals and i bet I do it again in the next 10 years.
Right now the run is in market, so i'll run with it.
And no, i never get in at bottom and never get out at top.
Posted on 4/15/13 at 10:07 am to ItNeverRains
quote:
I doubled up on metals and i bet I do it again in the next 10 years. Right now the run is in market, so i'll run with it. And no, i never get in at bottom and never get out at top.
This. In the last year and a half I've shied away from gold and silver and gone to lead and bronze (ammo). Now that ammo is high and gold is coming down, looks like another opportunity to go back to buying gold - although with the ratio near 60:1, silver is looking more like what to buy.
Curiously I have seen nowhere anyone reporting the sale of Cyprus gold having any downward pressure on price. Mostly I've seen reports of short selling paper. It seems there's a LOT of paper movemnet, but not much movement in physical metals.
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