Silver Values - Topic: Are You a Silver Bear or a Silver Bull These Days? Discuss!

isabellabrown on Are You a Silver Bear or a Silver Bull These Days? Discuss!

Tue, 30 Mar 2010 03:50:11 -0400

If the person is planning to purchase and want to invest for long term there this is advisible to purchase gold or silver. I think there will be a big hike in near future. Though the price of candy seems to be same in terms of dollor.

admin on Are You a Silver Bear or a Silver Bull These Days? Discuss!

Wed, 09 Apr 2008 15:14:56 -0400

Many people think that silver is really a better "standard of value" then a dollar. In other words, maybe we should not look at how much silver our dollars can buy, but how many dollars an ounce of silver can buy.

I will try to come up with some other examples, but to be simple, a silver dime could buy two candy bars in the early 50's when they were 5 cents each. Now, if that same silver dime is worth about $1.20 because of the bullion content, it can still buy 2 candy bars.

So realistically, buying silver, gold, or other PMs does not seem to be as much about making a huge profit as it is about keeping the value of your money intact.

DavidM on Are You a Silver Bear or a Silver Bull These Days? Discuss!

Mon, 07 Apr 2008 10:49:27 -0400

Hi, I just stumbled on this forum. There are a couple of places to discuss preciuos metals online, but not that many. So I hope this turns out well.

Right now, with the dollar down, oil up, and recession on the horizon, I don't see any reason to be bearish. I would never tell anybody to invest everything they have in one market. However, setting aside some percentage of savings into a "real" saving vehicle like precious metals is something people should look at.

Right now, the value of a dollar is fluctuating wildly, so the value of gold or silver can actually be the baseline you can measure your savings with.

But I am not a financial professional, and everybody needs to do their own research. Any commodity investment is risky. It is up to the investor to do their own research!

admin on Are You a Silver Bear or a Silver Bull These Days? Discuss!

Sun, 06 Apr 2008 21:25:00 -0400

Well, the beginning of the Year brought a mad rally in the PM market, just like in many other commodities. Now we are experiencing a pullback which can be pretty agonizing, but silver and gold are finding support well above anything we dreamed of a year ago.

I am reading some PM newbies who bought silver at $20 or gold at $1k who are really worried about their investment. Of course, most of us have been playing this game a long time, and we have added to stacks when silver was $6 and gold was $600, so we can average the price over that long term move, and losing a little here and there is no reason to panic when looking at long term gains.

I am still bulllish, and even added to my stack a bit this week-end. However, I am not quite ready to plunge back in with both feet at these levels. I could either be very relieved next week or I could be kicking myself. Nobody has a crystal ball.

Please add your thoughts to the forum!