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SurvivalGround >> Price of Silver.
| 2/12/11 2:04 AM | |
MoreThanUFC
Member Since: 6/13/07 Posts: 6483 |
I wont be much longer on the internet. I fucked up and cheated on my wife. Some may be privy, dont judge me too bad. It was a mistake, but I guess the situation was building up to it. Anyway, the coming end of Fannie and Freddie that was announced today was told to me about two weeks ago by a friend who is a highup in a BIG US insurance giant. My take has been that the near term silver and gold prices will fall as people cash out to by houses for $20k-50 that were once worth $90-$150k. By march, we should see $25 an ounce for silver and $1150 for gold. Dont sweat it if you hold already like me, look at it as the last buying opportunity our lives. Hyperinflation is coming. There is no way out now. Buy metals, and if you cant, buy staples like me and kvr have talked about for awhile now. TP, toothpaste, toothbrushes, rice, beans, soap, oil for your car, pasta, bandaid, water jugs ( dont throw away milk jugs ), spices, salt, buy or make a dehydrator, etc etc etc. Read my 25 signs of the coming collapse on here. If what happens in Egypt spreads to Saudi, expect $12 a gallon gas and economic collapse. This wont be The Road or Fallout, but it will be bad for many people for a solid couple of years. Peace everyone, and good luck. |
| 2/12/11 3:39 PM | |
kanotoa
33 
Member Since: 1/1/01 Posts: 29985 |
I hope there is a $25 dip, I'll be making 1 last big buy. I bought a bunch of food at Costco and tried telling my family to do the same, not too many people seem interested. I think food will be really expensive soon. Hope we don't have riots here like Egypt. |
| 2/17/11 9:51 PM | |
qcddog03
83
Member Since: 11/30/06 Posts: 72 |
Wonder if it is going to ever fall below 28 again, I need to make a big buy. |
| 2/18/11 12:11 PM | |
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qcddog03
83
Member Since: 11/30/06 Posts: 73 |
32.73 |
| 2/18/11 12:28 PM | |
|
kanotoa
33
Member Since: 1/1/01 Posts: 30035 |
I really think 50 is possible this year. Wish I would have known about silver in 2008 when it was $9. |
| 2/18/11 12:43 PM | |
|
kanotoa
33
Member Since: 1/1/01 Posts: 30036 |
When silver hits 50 Wand will have his own round. |
| 2/18/11 3:38 PM | |
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qcddog03
83
Member Since: 11/30/06 Posts: 74 |
ax murderer 10 oz bullion? |
| 2/19/11 5:05 PM | |
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kanotoa
33
Member Since: 1/1/01 Posts: 30055 |
Heineken Man - I doubt we will ever see $25 silver ever again. If we do I'm buying. |
| 2/19/11 6:05 PM | |
|
hagarules
6
Member Since: 12/31/06 Posts: 579 |
Heineken Man - I doubt we will ever see $25 silver ever again. I agree, that ship has already left for the moon............ |
| 2/20/11 12:55 AM | |
|
MoreThanUFC
Member Since: 6/13/07 Posts: 6526 |
Ok, to put a little caution into our discussion, there is talk of central banks from around the world to slowly sell their gold positions to help pay off debt. That would put pressure on silver, so just keep an eye on it. |
| 2/20/11 1:02 AM | |
|
kanotoa
33
Member Since: 1/1/01 Posts: 30058 |
I know there are no guarantees in this world other than death and taxes but the metals are so small compared to the global supply of money and debt that I don't think the price would crash. China is buying up gold so I think they would prop up the price if it dropped by buying more. I think it is wise to have money in different sectors though cause I have no idea whats ahead. |
| 2/20/11 8:53 PM | |
|
Dan W
Member Since: 1/1/01 Posts: 4666 |
silver at $33... wow |
| 2/21/11 7:41 PM | |
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kanotoa
33
Member Since: 1/1/01 Posts: 30062 |
34 |
| 2/24/11 9:44 AM | |
|
MoreThanUFC
Member Since: 6/13/07 Posts: 6581 |
I dont know why I didnt post this here.... Two weeks ago, I let some friends in on a stock CZN, Canadian Zinc. Well, it's up like 68% from two weeks ago, and over 200% from when I first bought it. So, here is my latest, GGI. Garibaldi Resources. Remember, these are penny stocks and HIGHLY volatile. Do your own research. |
| 3/5/11 2:59 PM | |
|
MoreThanUFC
Member Since: 6/13/07 Posts: 6673 |
Expect $40 by April 1 or sooner. |
| 3/5/11 2:59 PM | |
|
MoreThanUFC
Member Since: 6/13/07 Posts: 6674 |
Has anyone checked CZN or GGI? :) |
| 3/6/11 4:07 PM | |
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kanotoa
33
Member Since: 1/1/01 Posts: 30131 |
So is silver going up or down? |
| 3/6/11 10:56 PM | |
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kanotoa
33
Member Since: 1/1/01 Posts: 30133 |
I know i was just kidding |
| 3/7/11 3:53 PM | |
|
MoreThanUFC
Member Since: 6/13/07 Posts: 6689 |
PKL.TO. I bought Friday, only $300 though, damn. Up 48% today. |
| 3/8/11 8:43 AM | |
|
MoreThanUFC
Member Since: 6/13/07 Posts: 6696 |
Tues March8, 2011 8:42 EST. NO ONE is selling silver on the Nucleo. NO ONE! |
| 3/8/11 1:00 PM | |
|
kanotoa
33
Member Since: 1/1/01 Posts: 30144 |
I can't find hardly any silver except for junk silver here. |
| 3/8/11 11:51 PM | |
|
Dan W
Member Since: 1/1/01 Posts: 4678 |
kanotoa: if it's under spot, who cares.. |
| 3/9/11 4:39 PM | |
|
qcddog03
83
Member Since: 11/30/06 Posts: 87 |
36.13 right now, was hoping for a dip so i can make a big(for me) buy with my tax return. wonder if i should just go ahead and buy now....any thoughts? |
| 3/9/11 11:17 PM | |
|
jaywill
7
Member Since: 2/25/09 Posts: 95 |
qcddog03 - 36.13 right now, was hoping for a dip so i can make a big(for me) buy with my tax return. wonder if i should just go ahead and buy now....any thoughts? only way to go is up. ive heard buzz about something stupid as 150 and thats if gold holds firm, but gold may even get more retarded. plus it seems that theres huge momentum in the silver sales, alot of sites are sold out on most of their stuff. |
| 3/10/11 8:15 AM | |
|
MoreThanUFC
Member Since: 6/13/07 Posts: 6721 |
When it fell back to $26, I bought every ounce I could afford. I dont think you are gonna see sub-30 silver over the next ten years. I do feel silver will 45-50 before the end of the year. But, if you are buying silver to make money... there are better investments that have an equal or better upside, such as a whole commodity sector ETF. I buy silver to store my wealth. If I make money doing it, even better. |
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