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Old 04-03-2012, 10:29 AM   #1
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The Big Picture On Silver

This has to be one of the least biased reports on Silver to come out in ages. Whilst I do like to see my wealth increase in Silver, I have to agree with the writer that it will most likely go down once more just like in 2008. Then again it could play out like that inverted head and shoulders they mention. Good to see both sides of the coin for once though.

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Old 04-06-2012, 07:31 AM   #2
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RI,
The big picture for silver has always been that at some point, the people investing in the paper [invisible silver] market lose faith and try to go physical. When enough people have this epiphany, the paper pushers will be over whelmed and silver finds true equilibrium. It is a waiting game for now, however if the dollar comes unhinged, it will greatly accelerate the timeline.
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Old 04-09-2012, 12:53 PM   #3
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In the end it depends if the Dollar loses safe haven status and/or if demand of silver results in the needing of surplus silver.
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Old 04-09-2012, 04:19 PM   #4
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And watch what happens when the sellers do not want to sell anymore...
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Old 04-09-2012, 08:58 PM   #5
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"when"? or "if".
There will always be a seller for anything. The price will simply reflect their willingness, or lack thereof, to sell.
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Old 04-10-2012, 11:39 AM   #6
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Originally Posted by DoChenRollingBearing View Post:
And watch what happens when the sellers do not want to sell anymore...
They'll sell for something.
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Old 04-10-2012, 11:46 AM   #7
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They might. I won't.

I'm really talking about the "Giants", large holders who decide they will not let their physical go.
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Old 04-10-2012, 11:46 AM   #8
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RI,
That's already happenning my friend. The only sellers now are paper sellers. Even the COMEX and LBMA do everything in their power to NOT deliver shiny metal bars and substitute it for fiat payments instead. Believe me, they will not get away with it forever.
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Old 04-11-2012, 07:57 AM   #9
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Originally Posted by DoChenRollingBearing View Post:
They might. I won't.

I'm really talking about the "Giants", large holders who decide they will not let their physical go.
It makes no sense to hoard something forever though.
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Old 04-11-2012, 08:16 AM   #10
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RI,
Us PM bugs are not really hoarding our metals, we are saving it for retirement. At least the folks I knbow who stack metal are. I'm sure there are familial dunasties sitting on piles of very, very old gold and silver, but I suspect that to be the exception rather than the rule. Me? I will leave this world just as broke as I entered it, although when I do leave, at least I will be wearing clothes.
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Old 04-13-2012, 09:27 AM   #11
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I think you've gotta play the cycles. I plan to sell 90% of my stack for either stocks or housing when the time comes. Keep the 10% as insurance. Teach my kids to do the same and over time that insurance stack grows with each cycle, as does our wealth.
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Old 04-13-2012, 10:15 AM   #12
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RI - I'm not sure if I agree with the percentages you gave, but I do agree with the principle of why you have PM's.
A day will come when PM's will be at their high, and land will be at its low. That is a good time to convert some of your wealth holdings.
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Old 04-15-2012, 05:26 PM   #13
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I'm partial to physical silver or gold myself. However, I'm considering the investment of an IRA.
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Old 04-15-2012, 06:36 PM   #14
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Originally Posted by kjansen1969 View Post:
I'm partial to physical silver or gold myself. However, I'm considering the investment of an IRA.
I would strongly advise against any registered pension plans. Easy pickings for governments in need of money.
Use gold and silver as your retirement plan. It will still be worth something when you retire.
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