So what's the deal with silver? - DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate

**Creelaleps** · 08-23-2012, 06:48 AM

I was supposed to cash a bit in last week but so busy I haven't yet. This looks to be a good time now @ 30.50.

What say thee?

**erepsysoulptnw** · 08-23-2012, 07:18 AM

I was supposed to cash a bit in last week but so busy I haven't yet. This looks to be a good time now @ 30.50.

What say thee?

Spikes are not good times for dollar-cost-averaging or entry into a position; I prefer to do that on pull-back. However, there is never a bad time to buy silver these days.

**ayWCZ7VT** · 08-23-2012, 07:36 AM

I was meaning to buy some last week. This is what I get for procrastinating.

**Bobobsdo** · 08-23-2012, 08:01 AM

I say silver is sexzy

**seodiary** · 08-23-2012, 08:04 AM

Guess you cant wait until it hits 200$ ........................

wait and see

**Poothevokprot** · 08-23-2012, 12:27 PM

I assume you mean to buy silver, not "cash in" silver. IMHO, we have justed started a massive bull run the foundation for which is the huge consolidation that started in 2011. Sure there will be dips along the way. But the interim lows will climb higher inexorably. So you should buy if your investment horizon exceeds one year. Just get the silver now and enjoy the show - it's going to be one for the history books.

Over the next 30 years:
1. The US dollar will be devalued 95% (20 times)
2. The dollar will lose reserve currency status
3. American standard of living will be reduced to third world backwater
4. Individuals with hard (international) assets (i.e. silver, gold, jewels, art works, arable land, resources) will survive and prosper.

Don't be left out in the cold. Today's fire sale in silver will not last forever. The one refrain that repeats in my head over and over is "if only I had bought even more when I did" when thinking about silver. I starting buying silver at 7 and gold at 400 and I went in aggressively. Yet when silver was 12, 16 & 18 I bought as well and now wish I had bought even more. I promise that the day will come when you will lament no buying more silver at $30.

**sitescools** · 08-23-2012, 01:05 PM

i also started when silver was low and as it went to 18 bucks . then i sold it all at 46 bucks .

**SaamanthaSterlyng** · 08-23-2012, 07:09 PM

I assume you mean to buy silver, not "cash in" silver.
...

This thread would be a lot more coherent if Cebu would clarify whether he meant buy silver or sell silver. Since he says this looks to be a good time now (after this run-up), it implies he meant sell.

**scoundtrack** · 08-23-2012, 10:02 PM

Peter Schiff says to buy now:

**seodiary** · 08-23-2012, 10:26 PM

http://kingworldnews.com/kingworldne...ectacular.html

funny pic

**seodiary** · 08-23-2012, 10:36 PM

Our friend Ned Naylor-Leyland of Cheviot Asset Management (who advised SD readers in June of the imminent launch of an ALLOCATED physical silver exchange in Asia) was on the Keiser Report today discussing unallocated versus allocated gold and silver bullion, and how permanent backwardation could be an omen of a total meltdown in the precious metals market.

Naylor-Leyland discusses MASSIVE physical strains in the silver market, as evidenced by 2 large silver purchases in London (5-10 million oz range) which the LBMA is REFUSING TO DELIVER OUTSIDE OF THE LBMA SYSTEM!

vid...

http://www.silverdoctors.com/ned-nay...otal-meltdown/

**Poothevokprot** · 08-23-2012, 11:28 PM

i also started when silver was low and as it went to 18 bucks . then i sold it all at 46 bucks .

You have good instincts. That was an excellent trade. I was tempted to sell some silver when it broke decisively above it's channel. But I thought the hell with it: I'm in this for the long haul. I became fatigued with all the research and guesswork involved in trying to trade my positions. I got burned for 10 grand in natural gas, only to make 10 grand back in oil. Finally, when gold hit $1560, I parked the bulk of my cash in bullion and mining shares, mainly bullion, back a few months ago and decided to sit tight for the inevitable move up. I think the wait is finally over.

**seodiary** · 08-23-2012, 11:42 PM

Yes the wait may finally be over

**SaamanthaSterlyng** · 08-24-2012, 01:52 AM

i also started when silver was low and as it went to 18 bucks . then i sold it all at 46 bucks .

Have you bought it back?

**sitescools** · 08-24-2012, 06:12 PM

Have you bought it back?

nope but i only sold half . and still holding my gold that i got years ago at a low price

**Thorwaywhobia** · 08-24-2012, 06:24 PM

Silver Be UP.

mos def.

run that through the Ebonics-to-English translator -

Silver is UP, most definitely.

**Poothevokprot** · 08-24-2012, 06:27 PM

Silver Be UP.

mos def.

run that through the Ebonics-to-English translator -

Silver is UP, most definitely.

Yo blood! Silver be da shizzle!!!

**HonestSean** · 08-24-2012, 07:04 PM

.... which the LBMA is REFUSING TO DELIVER OUTSIDE OF THE LBMA SYSTEM!

Something about this quoted portion, Serpo, a Ponce-ism, and "....makes the rules" just tickles my funny bone.

beefsteak

**seodiary** · 08-24-2012, 08:41 PM

Something about this quoted portion, Serpo, a Ponce-ism, and "....makes the rules" just tickles my funny bone.

beefsteak

the difference being is that Ponce had his silver and the rumour is the LMBA hasnt............. http://www.youtube.com/watch?v=hfci3Ovn6mc&feature=player_embedded

**NodePark** · 08-24-2012, 08:57 PM

I assume you mean to buy silver, not "cash in" silver. IMHO, we have justed started a massive bull run the foundation for which is the huge consolidation that started in 2011. Sure there will be dips along the way. But the interim lows will climb higher inexorably. So you should buy if your investment horizon exceeds one year. Just get the silver now and enjoy the show - it's going to be one for the history books.

Over the next 30 years:
1. The US dollar will be devalued 95% (20 times)
2. The dollar will lose reserve currency status
3. American standard of living will be reduced to third world backwater
4. Individuals with hard (international) assets (i.e. silver, gold, jewels, art works, arable land, resources) will survive and prosper.

Don't be left out in the cold. Today's fire sale in silver will not last forever. The one refrain that repeats in my head over and over is "if only I had bought even more when I did" when thinking about silver. I starting buying silver at 7 and gold at 400 and I went in aggressively. Yet when silver was 12, 16 & 18 I bought as well and now wish I had bought even more. I promise that the day will come when you will lament no buying more silver at $30.

Well said, I was only going to say, "buy high, buy low -- doesn't matter. just buy" thanks....

08-23-2012, 06:48 AM	#1
Creelaleps Join Date Oct 2005 Posts 356 Senior Member	So what's the deal with silver? I was supposed to cash a bit in last week but so busy I haven't yet. This looks to be a good time now @ 30.50. What say thee? Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

08-23-2012, 07:18 AM	#2
erepsysoulptnw Join Date Oct 2005 Posts 503 Senior Member	I was supposed to cash a bit in last week but so busy I haven't yet. This looks to be a good time now @ 30.50. What say thee? Spikes are not good times for dollar-cost-averaging or entry into a position; I prefer to do that on pull-back. However, there is never a bad time to buy silver these days. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

08-23-2012, 07:36 AM	#3
ayWCZ7VT Join Date Oct 2005 Posts 411 Senior Member	I was meaning to buy some last week. This is what I get for procrastinating. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

08-23-2012, 08:01 AM	#4
Bobobsdo Join Date Oct 2005 Posts 433 Senior Member	I say silver is sexzy Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

08-23-2012, 08:04 AM	#5
seodiary Join Date Oct 2005 Posts 488 Senior Member	Guess you cant wait until it hits 200$ ........................ wait and see Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

08-23-2012, 12:27 PM	#6
Poothevokprot Join Date Oct 2005 Posts 601 Senior Member	I assume you mean to buy silver, not "cash in" silver. IMHO, we have justed started a massive bull run the foundation for which is the huge consolidation that started in 2011. Sure there will be dips along the way. But the interim lows will climb higher inexorably. So you should buy if your investment horizon exceeds one year. Just get the silver now and enjoy the show - it's going to be one for the history books. Over the next 30 years: 1. The US dollar will be devalued 95% (20 times) 2. The dollar will lose reserve currency status 3. American standard of living will be reduced to third world backwater 4. Individuals with hard (international) assets (i.e. silver, gold, jewels, art works, arable land, resources) will survive and prosper. Don't be left out in the cold. Today's fire sale in silver will not last forever. The one refrain that repeats in my head over and over is "if only I had bought even more when I did" when thinking about silver. I starting buying silver at 7 and gold at 400 and I went in aggressively. Yet when silver was 12, 16 & 18 I bought as well and now wish I had bought even more. I promise that the day will come when you will lament no buying more silver at $30. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

08-23-2012, 01:05 PM	#7
sitescools Join Date Oct 2005 Posts 615 Senior Member	i also started when silver was low and as it went to 18 bucks . then i sold it all at 46 bucks . Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

08-23-2012, 07:09 PM	#8
SaamanthaSterlyng Join Date Oct 2005 Posts 362 Senior Member	I assume you mean to buy silver, not "cash in" silver. ... This thread would be a lot more coherent if Cebu would clarify whether he meant buy silver or sell silver. Since he says this looks to be a good time now (after this run-up), it implies he meant sell. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

08-23-2012, 10:02 PM	#9
scoundtrack Join Date Oct 2005 Posts 469 Senior Member	Peter Schiff says to buy now: Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

08-23-2012, 10:26 PM	#10
seodiary Join Date Oct 2005 Posts 488 Senior Member	http://kingworldnews.com/kingworldne...ectacular.html funny pic Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

08-23-2012, 10:36 PM	#11
seodiary Join Date Oct 2005 Posts 488 Senior Member	Our friend Ned Naylor-Leyland of Cheviot Asset Management (who advised SD readers in June of the imminent launch of an ALLOCATED physical silver exchange in Asia) was on the Keiser Report today discussing unallocated versus allocated gold and silver bullion, and how permanent backwardation could be an omen of a total meltdown in the precious metals market. Naylor-Leyland discusses MASSIVE physical strains in the silver market, as evidenced by 2 large silver purchases in London (5-10 million oz range) which the LBMA is REFUSING TO DELIVER OUTSIDE OF THE LBMA SYSTEM! vid... http://www.silverdoctors.com/ned-nay...otal-meltdown/ Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

08-23-2012, 11:28 PM	#12
Poothevokprot Join Date Oct 2005 Posts 601 Senior Member	i also started when silver was low and as it went to 18 bucks . then i sold it all at 46 bucks . You have good instincts. That was an excellent trade. I was tempted to sell some silver when it broke decisively above it's channel. But I thought the hell with it: I'm in this for the long haul. I became fatigued with all the research and guesswork involved in trying to trade my positions. I got burned for 10 grand in natural gas, only to make 10 grand back in oil. Finally, when gold hit $1560, I parked the bulk of my cash in bullion and mining shares, mainly bullion, back a few months ago and decided to sit tight for the inevitable move up. I think the wait is finally over. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

08-23-2012, 11:42 PM	#13
seodiary Join Date Oct 2005 Posts 488 Senior Member	Yes the wait may finally be over Share Share this post on Digg Del.icio.us Technorati Twitter
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08-24-2012, 01:52 AM	#14
SaamanthaSterlyng Join Date Oct 2005 Posts 362 Senior Member	i also started when silver was low and as it went to 18 bucks . then i sold it all at 46 bucks . Have you bought it back? Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

08-24-2012, 06:12 PM	#15
sitescools Join Date Oct 2005 Posts 615 Senior Member	Have you bought it back? nope but i only sold half . and still holding my gold that i got years ago at a low price Share Share this post on Digg Del.icio.us Technorati Twitter
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08-24-2012, 06:24 PM	#16
Thorwaywhobia Join Date Oct 2005 Posts 493 Senior Member	Silver Be UP. mos def. run that through the Ebonics-to-English translator - Silver is UP, most definitely. Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

08-24-2012, 06:27 PM	#17
Poothevokprot Join Date Oct 2005 Posts 601 Senior Member	Silver Be UP. mos def. run that through the Ebonics-to-English translator - Silver is UP, most definitely. Yo blood! Silver be da shizzle!!! Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

08-24-2012, 07:04 PM	#18
HonestSean Join Date Oct 2005 Posts 431 Senior Member	.... which the LBMA is REFUSING TO DELIVER OUTSIDE OF THE LBMA SYSTEM! Something about this quoted portion, Serpo, a Ponce-ism, and "....makes the rules" just tickles my funny bone. beefsteak Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

08-24-2012, 08:41 PM	#19
seodiary Join Date Oct 2005 Posts 488 Senior Member	Something about this quoted portion, Serpo, a Ponce-ism, and "....makes the rules" just tickles my funny bone. beefsteak the difference being is that Ponce had his silver and the rumour is the LMBA hasnt............. http://www.youtube.com/watch?v=hfci3Ovn6mc&feature=player_embedded Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote

08-24-2012, 08:57 PM	#20
NodePark Join Date Oct 2005 Posts 500 Senior Member	I assume you mean to buy silver, not "cash in" silver. IMHO, we have justed started a massive bull run the foundation for which is the huge consolidation that started in 2011. Sure there will be dips along the way. But the interim lows will climb higher inexorably. So you should buy if your investment horizon exceeds one year. Just get the silver now and enjoy the show - it's going to be one for the history books. Over the next 30 years: 1. The US dollar will be devalued 95% (20 times) 2. The dollar will lose reserve currency status 3. American standard of living will be reduced to third world backwater 4. Individuals with hard (international) assets (i.e. silver, gold, jewels, art works, arable land, resources) will survive and prosper. Don't be left out in the cold. Today's fire sale in silver will not last forever. The one refrain that repeats in my head over and over is "if only I had bought even more when I did" when thinking about silver. I starting buying silver at 7 and gold at 400 and I went in aggressively. Yet when silver was 12, 16 & 18 I bought as well and now wish I had bought even more. I promise that the day will come when you will lament no buying more silver at $30. Well said, I was only going to say, "buy high, buy low -- doesn't matter. just buy" thanks.... Share Share this post on Digg Del.icio.us Technorati Twitter
	Quote