Quote:
Originally Posted by calimedeiros
what do you guys think about silver and gold prices I was listening to a radio show that's on every Saturday and they keep saying how silver prices are gonna hit 100-150 per ounce and how the stock market and economy and how we keep printing money blah nlah and it's the best investment you can make
what do you all think about this
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"They're" probably the ones who loaded up when it was over $50 just a few years ago...gotta find some "new" suckers to fall for it now
If you are tempted, do NOT buy 100 oz bars...might be desirable at these levels, but if it does fluctuate wildly (like both gold and silver have in recent years), they won't be at higher price points....BTDT.
I did quite well with my gold/silver "hedges" some (4-5) years back, and sold 'em for a land purchase a couple of years later. Wouldn't touch them now as an "investment", but it never hurts to have just a bit (always)...buyer beware imo.