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Title: 22 Year High Today: Ag
Source:
Kitco.com
URL Source: http://www.kitco.com/charts/livesilver.html
Published: Mar 21, 2006
Author: buckeroo
Post Date: 2006-03-21 21:48:34 by buckeroo
Keywords: Today:, Year, High
Views: 12706
Comments: 53
Poster Comment:
Good news for some of us. For the rest of you fine people, its going up so buy all you can.
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#1. To: buckeroo (#0)
I didn't see a disclaimer there saying that your post did not constitute financial advice, so if I buy a pile and it goes down, then I can sue you. Sell, sell, sell! Nobody wants to be long on anything at a 22-year high--take the money and run!
Did you sell your house? Is its price not higher than it was 22 years ago?
C'mon, Mark, don't give me that. Silver is MUCH more volatile than real estate. RE goes down, sure, sometimes dramatically (Flint, MI), but typically it's on a fairly steady upward jag. Silver goes way the fuck up, then way the fuck down. I wouldn't be surprised if we had $4.00/oz silver within 2 years. And I *hate* real estate, BTW. Too illiquid.
I wouldn't be surprised if it was 40 dollars and ounce within two years. It's not that silver, gold, or anything else will actually be gaining any value over this time, but that the dollar will be crashing in value.
Ummm, yyyyyyeah.... Actually the dollar was lower in '92 and '95 than its recent lows in 2004. And since late '04, it's been going up, not down. But thanks for playing. Link: http://www.futuresource.com/charts/charts.jsp?s=DX&o=&a=M&z=800x550&d=medium&b=bar&st=
Hey, if you want to hold on to green paper printed by the most hated nation on Earth, then more power to you. But I'm not taking that gamble.
There are no replies to Comment # 17. End Trace Mode for Comment # 17.
Top • Page Up • Full Thread • Page Down • Bottom/LatestFor the rest of you fine people, its going up so buy all you can.
#9. To: Indrid Cold (#1)
Sell, sell, sell! Nobody wants to be long on anything at a 22-year high--take the money and run!
#12. To: markm0722 (#9)
Did you sell your house? Is its price not higher than it was 22 years ago?
#13. To: Indrid Cold (#12)
I wouldn't be surprised if we had $4.00/oz silver within 2 years.
#14. To: RickyJ (#13)
It's not that silver, gold, or anything else will actually be gaining any value over this time, but that the dollar will be crashing in value.
#17. To: Indrid Cold (#14)
Replies to Comment # 17.