Will this be one of the last buying opportunities?

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AnkurJ
AnkurJ Posts: 11,375 ✭✭✭✭
in Precious Metals
Or is it better to play the waiting game? image
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SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!

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  • roadrunner
    roadrunner Posts: 28,374 ✭✭✭✭✭
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    The last buying opportunity before the move in May. But paper PM's may be cheaper still come July-August.
    After late this year we may not see silver <$50 ever again.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • derryb
    derryb Posts: 38,604 ✭✭✭✭✭
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    The only buyer that should be concerned about timing a bottom is the one looking for quick profit. Long term stackers should buy as the funds become available. In the end it will all be profit.

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • storm888
    storm888 Posts: 11,701 ✭✭✭
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    If you have none, better buy some.

    If you have a bunch, better wait a bit.

    ..............



    If there are substantial FOMC leaks, my WAG is that silver
    will visit the $38 to $42 territory tomorrow.

    If The Bernanke sells his wares successfully on Wednesday,
    sub-$30 by next week is quite possible.

    .................

    If the "debt ceiling" show fools enough folks during the next
    month, it is prolly best to watch silver tank and buy in big when
    it gets its strength back.

    ................................

    Bargain hunters are already tempting fate tonight. They might
    be able to revive the beast by morning, but I dunno.

    It's safe to trade the stuff in here, but holding it overnight is a
    50/50 guess at best.








    Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
  • storm888
    storm888 Posts: 11,701 ✭✭✭
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    << <i>The only buyer that should be concerned about timing a bottom is the one looking for quick profit. Long term stackers should buy as the funds become available. In the end it will all be profit. >>



    ///////////////////////////

    There is a lot of merit in that notion, but it would still
    be nice to get in as cheaply as possible.





    Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
  • RedHerring
    RedHerring Posts: 2,077 ✭
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    If The Bernanke sells his wares successfully on Wednesday,
    sub-$30 by next week is quite possible.

    .................

    If the "debt ceiling" show fools enough folks during the next
    month, it is prolly best to watch silver tank and buy in big when
    it gets its strength back.




    Whoa! A call for $15 silver here?
  • storm888
    storm888 Posts: 11,701 ✭✭✭
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    << <i>If The Bernanke sells his wares successfully on Wednesday,
    sub-$30 by next week is quite possible.

    .................

    If the "debt ceiling" show fools enough folks during the next
    month, it is prolly best to watch silver tank and buy in big when
    it gets its strength back.




    Whoa! A call for $15 silver here? >>




    /////////////////////////////////////////////////////



    VERY unlikely, but certainly possible.

    I was pretty sure it would breeze thru $50 and past $60;
    since that did not happen, I am a little cautious.










    Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
  • PerryHall
    PerryHall Posts: 47,749 ✭✭✭✭✭
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    I've never had much luck timing the market. If I have the spare cash and an opportunity presents itself, I'll buy no matter what the price is since I'm in it for the long haul.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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