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**br`lorance** · 09-24-2011, 02:02 AM

For all of you who plan to buy, who do you think will be willing to take a 25% haircut right now?

I don't understand the question?

If you mean "what if silver goes down another 25%" My reply is, at this level price is irrelevant, when I first became aware of the compelling reasons to buy gold and silver several years ago, I bought in around 14 bucks or so, it would go to like 18-20ish and I'd hold off waiting for a pull back. But I realize that it doesn't matter if I buy silver at 30 today, and it goes to 25 tommorow because a year from now, or 5 years from now it will be significantly higher and a 5 dollar difference at 100 dollar silver is negligable.

Not to mention that I wouldn't sell my silver at 50 or 75, probably not even 150 (depending on various economic factors), as is often said here, any day you can trade worthless paper for physical gold and silver is a good day. People MUST become their own central banks and back a portion of their net worth with PM's or else you are totally at the mercy of helicopter Ben.

09-24-2011, 02:02 AM	#16
br`lorance Join Date Nov 2005 Posts 442 Senior Member	For all of you who plan to buy, who do you think will be willing to take a 25% haircut right now? I don't understand the question? If you mean "what if silver goes down another 25%" My reply is, at this level price is irrelevant, when I first became aware of the compelling reasons to buy gold and silver several years ago, I bought in around 14 bucks or so, it would go to like 18-20ish and I'd hold off waiting for a pull back. But I realize that it doesn't matter if I buy silver at 30 today, and it goes to 25 tommorow because a year from now, or 5 years from now it will be significantly higher and a 5 dollar difference at 100 dollar silver is negligable. Not to mention that I wouldn't sell my silver at 50 or 75, probably not even 150 (depending on various economic factors), as is often said here, any day you can trade worthless paper for physical gold and silver is a good day. People MUST become their own central banks and back a portion of their net worth with PM's or else you are totally at the mercy of helicopter Ben.
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