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Silver doing well today.........

Comments

  • carscars Posts: 1,904
    Of Course it is, I just sold a bunch image
    Its all relative
  • 57loaded57loaded Posts: 4,967 ✭✭✭
    % wise better than the gold pop see the gold thread posted today as well.
  • DoubleEagle59DoubleEagle59 Posts: 8,341 ✭✭✭✭✭


    << <i>% wise better than the gold pop see the gold thread posted today as well. >>



    Also, it takes 64 ounces of silver to buy one ounce of Gold.

    Silver is cheap relative to gold.

    Therefore silver has a lot more upside potential than Gold.

    Gold is still a great investment....Silver though, is even a better one.
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • Norseman88Norseman88 Posts: 962


    << <i>

    << <i>% wise better than the gold pop see the gold thread posted today as well. >>



    Also, it takes 64 ounces of silver to buy one ounce of Gold.

    Silver is cheap relative to gold.

    Therefore silver has a lot more upside potential than Gold.

    Gold is still a great investment....Silver though, is even a better one. >>



    I agree 100%, based on the ratios of Gold vs. Silver mined yearly the ratio should actually be under 10:1 or at the very least around the historic 16-20:1 ratio.
    I still think that Gold is a good inflation hedge but Silver is a much better buy.
  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,379 ✭✭✭✭✭


    << <i>Of Course it is, I just sold a bunch image >>



    Same here. I waited for silver to get back to $15 and I sold my SLV yesterday afternoon.
    NO END IN SIGHT LIB $2.50'S CAC ONLY
    https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
  • NumbersUsacomNumbersUsacom Posts: 1,457 ✭
    Newly discoverd, never fail, bullish trend indicator..... the CARS-cycle-silvermeter (CARScsm)

    Its extremely simple to follow:

    When a member who goes by the name of CARS on

    the Collectors Universe Precious Metals Forum sells some of his stash...... go long silver immediately to take advantage of large percentage moves to the upside.image
    NumbersUsa, FairUs, Alipac, CapsWeb, and TeamAmericaPac
  • carscars Posts: 1,904
    Never fails image FYI, I've purchased some palladium so may want to sell off quickly.
    Its all relative
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    We could all donate silver to board member cars to sell and manipulate the silver market upward.image
  • NumbersUsacomNumbersUsacom Posts: 1,457 ✭
    Cars I guess I'm too stodgy. I've never ventured into any other precious metals beside Gold and Silver.

    I hope you do extremely well on your purchases.
    NumbersUsa, FairUs, Alipac, CapsWeb, and TeamAmericaPac
  • NumbersUsacomNumbersUsacom Posts: 1,457 ✭
    Fivecents,

    That sounds good until.... The SEC or some other Regulating body gets wind of it and comes after us for insider indicator manipulation.
    NumbersUsa, FairUs, Alipac, CapsWeb, and TeamAmericaPac
  • carscars Posts: 1,904


    << <i>We could all donate silver to board member cars to sell and manipulate the silver market upward.image >>



    That sounds like a sweet idea, 50 oz donation each should do it. Need at least 100 donations to make any large movements happen. PM me for my addy image Will also take other metals...I don't discriminate.
    Its all relative
  • jmski52jmski52 Posts: 22,977 ✭✭✭✭✭
    I've been on the road for a couple of days, and I didn't even get to see this move as it was happening! Maybe I should plan another road trip, just to keep things moving.image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • carscars Posts: 1,904
    No-one change their socks they were wearing either image
    Its all relative
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    Ok. I have a plan:

    We each donate 50 OZ each to cars and all go in on a ticket to the Bahamas for jmski52. And no it would not be a one way ticket either. Then watch the PM profits roll in baby....YEAH!!image
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