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Reply #46: I too like silver [View All]

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pipoman Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-31-11 07:41 AM
Response to Reply #42
46. I too like silver
and have for years. The difference between the 70's/early 80's silver price inflation and the current market is vast. The Hunt Brothers market manipulation scheme created a bubble. The current dramatic changes are driven by the actual market, devaluation of currency, and loss of faith in the US economic system. I don't believe silver is a bubble. I believe it is acting as it has historically, as a hedge against inflation. It may go down, and likely will, but it will come down as economic conditions improve, imo. Industrial demand has increased as China and other emerging economies. Some say there isn't enough silver in reserves to cover contracts coming due. If enough of those people choose to take delivery, this would have a serious impact too. OTOH, we witnessed the impact 1 person can make on these prices just 2 months ago with George Soros' sale of futures, and the ripple effects of that sale.

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  -Okay, So I Am Thinking about Buying US Gold Coins Yavin4  Jul-07-11 03:02 PM   #0 
  - bank deposit or a safe  fascisthunter   Jul-07-11 03:04 PM   #1 
  - I'd put it in a safety deposit box at a bank  barb162   Aug-02-11 08:37 PM   #48 
  - Why hold the actual metal?  brooklynite   Jul-07-11 03:08 PM   #2 
  - No, Thank You.  Yavin4   Jul-07-11 03:26 PM   #6 
  - smart...hold the hard  Po_d Mainiac   Jul-08-11 02:33 PM   #25 
     - Your Post Title - Hey, That's What She Said  Yavin4   Jul-25-11 07:20 PM   #31 
  - Aren't there more gold certificates out there than there is actual gold in the world?  eridani   Jul-31-11 01:35 AM   #45 
  - A safe that can't be stolen.  the other one   Jul-07-11 03:09 PM   #3 
  - A man, traveling across a field, encountered a tiger...  WheelWalker   Jul-07-11 03:09 PM   #4 
  - Is there a three-dollar coin -- with Reagan's picture?  damntexdem   Jul-07-11 03:17 PM   #5 
  - There is a $3 dollar coin  Art_from_Ark   Jul-07-11 08:14 PM   #8 
  - How about these?  trusty elf   Jul-08-11 05:04 AM   #18 
  - I use a small fireproof safe concealed in a false piece of ductwork in the basement.  ChrisBorg   Jul-07-11 03:56 PM   #7 
  - What kind of US gold coins are you thinking of buying?  Art_from_Ark   Jul-07-11 08:18 PM   #9 
  - American Gold Eagle 1 oz Coins  Yavin4   Jul-07-11 10:34 PM   #10 
  - I hope you can get a good deal on them  Art_from_Ark   Jul-07-11 11:08 PM   #12 
     - I Am Going to Buy Them Directly from the U.S. Mint  Yavin4   Jul-07-11 11:18 PM   #13 
        - I didn't know that the Mint sold bullion coins directly to the public  Art_from_Ark   Jul-07-11 11:23 PM   #14 
           - What's the Difference  Yavin4   Jul-08-11 08:24 AM   #19 
           - Strictly bullion coins are geared toward investors  Art_from_Ark   Jul-08-11 10:11 AM   #21 
           - They have gold Eagles..Business strikes  Po_d Mainiac   Jul-08-11 02:26 PM   #24 
              - I guess that's why their web site was partially offline  Art_from_Ark   Jul-08-11 10:56 PM   #27 
  - I like the 2009 Ultra-High Relief Saint-Gaudens $20.  roamer65   Jul-12-11 07:54 PM   #30 
  - Wait for the shiny bubble  beanwire   Jul-07-11 10:47 PM   #11 
  - I can't belive nobody sees this...  bpiet2000   Jul-08-11 12:56 PM   #22 
     - Because some of see the USD as a bubble  Po_d Mainiac   Jul-08-11 02:20 PM   #23 
     - Heck, we were hearing "bubble talk" when gold was $500  Art_from_Ark   Jul-08-11 11:06 PM   #29 
     - Because it is not.  sendero   Jul-30-11 08:33 PM   #44 
  - Why? Investment? TEOTWAWKI? Just curious... n/t  jtuck004   Jul-07-11 11:59 PM   #15 
  - Long-term investment that keeps ahead of inflation,  Art_from_Ark   Jul-08-11 12:10 AM   #16 
     - Oh, thanks. didn't see that. n/t  jtuck004   Jul-08-11 12:34 AM   #17 
     - Precisely  Yavin4   Jul-08-11 08:27 AM   #20 
     - and keeps pace with WTI  Po_d Mainiac   Jul-08-11 02:35 PM   #26 
        - It's been tough going recently  Art_from_Ark   Jul-08-11 11:03 PM   #28 
  - Just a note of caution before you buy gold  golfguru   Jul-26-11 01:40 AM   #32 
     - The economy has already been tanking for a while  Art_from_Ark   Jul-26-11 01:58 AM   #33 
        - As you say there is a lot of cash floating around with  golfguru   Jul-26-11 02:48 PM   #34 
           - The housing bubble is not an appropriate comparison  Art_from_Ark   Jul-27-11 01:05 AM   #35 
              - Agreed that gold has value  golfguru   Jul-27-11 02:35 AM   #36 
                 - I Bought Gold As A Long Term Hedge Against Future Economic Collapses  Yavin4   Jul-27-11 04:14 PM   #37 
                 - I don't buy that argument about stocks  Art_from_Ark   Jul-28-11 12:00 AM   #38 
                 - What Is The Inflation Adjusted Return on the DOW Since 1961?  Yavin4   Jul-28-11 09:27 AM   #39 
                 - Gold & Silver have done very well at current prices  golfguru   Jul-28-11 03:07 PM   #40 
                 - The previous peaks of precious metals occurred in January 1980  Art_from_Ark   Jul-28-11 08:01 PM   #42 
                    - I too like silver  pipoman   Jul-31-11 07:41 AM   #46 
                       - The same forces used to  Po_d Mainiac   Aug-01-11 08:20 PM   #47 
                 - I trade mutual funds, and not buy and hold!  golfguru   Jul-28-11 03:13 PM   #41 
                 - Regarding Japan and the housing bubble  Art_from_Ark   Jul-29-11 02:59 AM   #43 

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