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Its all relative; I remember when:..

tneigtneig Posts: 1,505 ✭✭✭
I remember when:
"I wished I had bought that 10oz silver bar from that guy for $340, thinking I'll never get that chance again..."

You remember when;
-" "
COA

Comments

  • carew4mecarew4me Posts: 3,471 ✭✭✭✭
    I remember those type of statements well when silver was over $40.
    I always chuckle when I read, recently on this board,
    "wow, that is a large purchase when spot is dropping...I am going to wait"

    Loves me some shiny!
  • DoubleEagle59DoubleEagle59 Posts: 8,315 ✭✭✭✭✭
    Isn't it funny how we hoped and prayed for one more chance at the $20's and now that it's here, most of us don't want to buy anymore for fear of it going down further or never reaching $40 again.

    Well, I'm glad to say I'm not one of them.

    I'm totally convinced that the price of silver will reach $50 again fairly soon. (a few years, not months).

    I remember about 10 years ago trying to tell my friends about the great buying opportunity for silver.

    I'd hold $7 in one hand and hold an ounce of silver in the other and say 'now what would you rather have?' (as $7 seemed so very little back then).

    Fast forward to today and I can do the same thing, this time holding $28 and I still feel the same way.

    Silver at $28 is grossly undervalued.

    "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)
  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    Isn't it funny how we hoped and prayed for one more chance at the $20's and now that it's here, most of us don't want to buy anymore for fear of it going down further or never reaching $40 again.

    Some people thought I wasn't be blatantly sarcastic when I said it wouldn't ever get above $30 the last time it dipped around this current level, right Miles & MJ? image
    That's what I get for saying it on a message board I guess when you can't see my face when I'm saying something that's ridonculous.

    Silver at $28 is grossly undervalued.

    And some will even tell you that it's not being manipulated the hell out of. I wonder, are they being sarcastic the way I was? image
    To forgive is to free a prisoner, and to discover that prisoner was you.
  • PokermandudePokermandude Posts: 2,713 ✭✭✭
    I don't know about $28 being grossly undervalued. But I certainly think after this summer, we won't see the $20s again. There are still a lot of people on the fence, but we'll see a big surge soon (in the next few months) which should cement the bottom. Whether it is $26.67 or something slightly lower remains to be seen.

    I am definitely buying, but not blowing all of my powder at the same time right this minute.
    http://stores.ebay.ca/Mattscoin - Canadian coins, World Coins, Silver, Gold, Coin lots, Modern Mint Products & Collections
  • cohodkcohodk Posts: 19,143 ✭✭✭✭✭
    remember about 10 years ago trying to tell my friends about the great buying opportunity for silver.

    I did the same. And 10 years ago it was a great buy, today it is not really a special opportunity.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • Jinx86Jinx86 Posts: 3,710 ✭✭✭✭✭
    I remember in high school buying 100 oz bars for $750 and my friends thinking I was crazy. I was kind of the odd one, acting older then most people my age....some of the time.
  • jmski52jmski52 Posts: 22,863 ✭✭✭✭✭
    I remember selling Silvertowne a half a bag of 90% a couple years ago at a coin show for a fair price with no hassle. Total liquidity.

    I remember selling a roll of Gold Maples at a coin show for a fair price with no hassle. Total liquidity.

    Of course, I turned right around in both instances and spent it.image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Silver will be going up.... this year..... I do not have any idea how high, but it will rise significantly. Cheers, RickO
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