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Mortgage the house. We are going higher..guarenteed !

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    SpoolySpooly Posts: 2,107 ✭✭✭
    That is a healthy sign!
    Si vis pacem, para bellum

    In God We Trust.... all others pay in Gold and Silver!
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    DrBusterDrBuster Posts: 5,306 ✭✭✭✭✭
    Just trying to get the sell going so they can snap up on the dip?
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    BanemorthBanemorth Posts: 986 ✭✭✭
    I wish I knew how long this dip was going to last. I was going to send out about 40 ounces of silver and a 1/4 ounce of gold to melt next week. Figures.
    Justin From Jersey

    Successful Transactions With: JoeLewis, Mkman123, Harry779, Grote15, gdavis70, Kryptonitecomics
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    derrybderryb Posts: 36,201 ✭✭✭✭✭
    just the beginning of the next leg down for silver. build your cash.

    Keep an open mind, or get financially repressed -Zoltan Pozsar

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    OPAOPA Posts: 17,104 ✭✭✭✭✭


    << <i>just the beginning of the next leg down for silver. build your cash. >>

    image

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    SpoolySpooly Posts: 2,107 ✭✭✭
    derryb, OPA

    So what's your down side number?


    I'm hoping for a fall rally........ I have been stacking call options.

    Si vis pacem, para bellum

    In God We Trust.... all others pay in Gold and Silver!
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    derrybderryb Posts: 36,201 ✭✭✭✭✭


    << <i>derryb, OPA

    So what's your down side number?


    I'm hoping for a fall rally........ I have been stacking call options. >>



    Just a guess, $28 bottom. Really all depends on how soon Fed starts pumping money again. The longer they wait the further the drop.

    Keep an open mind, or get financially repressed -Zoltan Pozsar

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    goingbrokegoingbroke Posts: 1,410
    I have LOTS of CASH in my buying acount! $28.00 or lower on silver would be nice!. I also hope GOLD keeps going down as fast!
    Many successful BST transactions ajia
    (x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
    mariner67, and Mikes coins
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    BearBear Posts: 18,954 ✭✭
    Pretty tough to get a new mortgage on a house that is upside down in value.
    There once was a place called
    Camelotimage
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    FullCameoFullCameo Posts: 492
    The same thing began happening late 2008. Hedge funds began selling and PM's across the board took a large dive. Silver has made the largest recovery since then, so I'd expect silver will take the largest fall.
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    OPAOPA Posts: 17,104 ✭✭✭✭✭


    << <i>derryb, OPA

    So what's your down side number?


    I'm hoping for a fall rally........ I have been stacking call options. >>



    as far as rally's are concerned, don't hold your breath. If history is repeating itself, it may take years to recover to the $40-$50 range.
    It could go as low as $20 before it's over. But you have one consolation in your favor, my crystal ballerization is only running about 50-50 in the ballpark.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    piecesofmepiecesofme Posts: 6,669 ✭✭✭
    Pretty tough to get a new mortgage on a house that is upside down in value.
    image

    On the flipside..keep spreading the fear everyone. Bring even more buyers into the PM's so there will be even less supply. (has that been working the last month?) Can you tell those statements are dripping in sarcasm? Couldn't find a sarcasm emotion. This rhetoric from the link provided by the OP means nothing.
    Nothing has changed other than the CME manipulation, so I'd have to agree with the downward predictors. You can't fight City Hall. If they want it to come down making money on it on the way down, then that's what will happen because they can MAKE it happen. All we can do is react on join the flow.
    To forgive is to free a prisoner, and to discover that prisoner was you.
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    BaleyBaley Posts: 22,658 ✭✭✭✭✭


    << <i>Thanks for the tip guys. >>



    heh. Turns out they were right.

    Silver and gold price change since the OP 6/24/11

    Liberty: Parent of Science & Industry

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    cohodkcohodk Posts: 18,621 ✭✭✭✭✭


    << <i>

    << <i>derryb, OPA

    So what's your down side number?


    I'm hoping for a fall rally........ I have been stacking call options. >>



    as far as rally's are concerned, don't hold your breath. If history is repeating itself, it may take years to recover to the $40-$50 range.
    It could go as low as $20 before it's over. But you have one consolation in your favor, my crystal ballerization is only running about 50-50 in the ballpark. >>



    Nice call OPA.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

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