Yep, got $1200 ready to buy at the bottom. Let the good times roll!!No drama you ready huge sell off today lol I'm still waiting for the 20 I ordered last week might need to order 20 more today with these prices 36
Wudda ya think the turning point will be as it continues to slip. will it be an event? Mb the Feds failed new attempt at another jump start? A default in Europe or what? Bump, bump, bump....I'm interested to knowMark my words, silver will finish above 65 dollars per oz by the end of this year. gold will finish between 2,000-2,500. Don't sell your gold or silver.
Even I am surprised by the amount it has dropped this week, I cannot believe silver is sitting at 32$ The simple way to explain my reasoning is the ETF's. There are all these people today who own gold and silver ETF's and not actual physical. That is all fine and dandy until people begin pulling their bullion out to physically have it, because there isn't enough. Let's say today everyone in the U.S.A bought 1 oz of silver, it would collapse the silver market because there isn't enough physical silver to carry that out, which would cause a huge price hike. 300 million oz of silver left to be mined, 300 million people, you get the point. At the beginning of the year I said silver would hit 80$ per oz, about 4 months ago I reduced my prediction to 65$ an oz. People need to remember this is what silver did back in april/may, when the margins were being manipulated, it went from 50 to 32. I do not see a perpetual slide of precious metals, there is no way they can stay down, the economy and market is WAY to fucked up. m1, m2, m3, mzm are bigger than ever, the FED is not going to stop printing. Lets give it 2 weeks and see where prices are again.Wudda ya think the turning point will be as it continues to slip. will it be an event? Mb the Feds failed new attempt at another jump start? A default in Europe or what? Bump, bump, bump....I'm interested to know
Since Maples, Harmonics and Silver Eagles are all legal tender they are not taxed since you cannot tax currency and bullion is not legal tender. Regular Bullion is taxed at the collectibles rate, currently(28%) almost 2 times higher than the maximum capital gains tax(15% ).I Still have a few month's before I can purchace a roll or 2 depend's on the price,,,I buy eagle's cause I'm American,,,But was wondering about other ,,,Them $5 dollar value .999 coin's in Canada,,,Is that still a good investment or hedge as an American?
I hear that,,,A couple good dive's and you could be set!,,,But I think it's pretty well secure for now LOL,,,,I don't know how to post or see what i seen,,,but I'm pretty nieve,,,Now lol....It's there!200 tons you say? I'm totally there. With my scuba gear. Haha.