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re: Precious metals market

Posted on 11/21/13 at 7:01 pm to
Posted by Reubaltaich
A nation under duress
Member since Jun 2006
4983 posts
Posted on 11/21/13 at 7:01 pm to
quote:

Some are predicting $15 by year end. Some forums talk is back to below $10


I have been waiting on silver to drop but wow. I may just continue to 'hold'.

quote:

Seems there are the hard core folks that believe PMs will save you


I know of some like this. Its been mentioned many times on the MT that PMs are nothing more than a 'store of value'
Posted by jmarto1
Houma, LA/ Las Vegas, NV
Member since Mar 2008
34259 posts
Posted on 11/21/13 at 7:09 pm to
quote:

nothing more than a 'store of value'


That is how I am looking at it or a diversification of portfolio. Since silver seems to be pretty low I don't mind on holding onto it for a few years and hopefully making a nice profit. Worst case scenario, I have currency for a SHTF scenario.


BTW, thanks Craw Daddy. I'll have to buy you a beer next time I'm in the dirty dell.
This post was edited on 11/21/13 at 7:10 pm
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