 Buying Precious Metals |
| TheGrim |
 01/22/08 7:57pm
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#1
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 Corporal  Group: {MOB} Regs Posts: 31 Joined: December 9th 2006 From: Omaha, Nebraska Member No.: 2379  |
Hi all, I've been watching the markets lately and have been purchasing silver myself.
My plan is to be a pirate..haha, no but seriously, what do you all think of acquiring PM's as a way to preserve on's purchasing power. Grim |
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| Rev |
01/24/08 7:50pm
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#2
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Private Group: {MOB} Regs Posts: 4 Joined: August 25th 2007 Member No.: 4249 |
That is exactly what I would stay away from right now "Fiat Currency".
Listen to what Ron Paul has to say about it… The best investment you can have right now is PM stocks in junior mining. Not so much gold but silver because the mass is already on to gold but not silver. The recent "dip" in the markets right now makes it a perfect opportunity to jump in and make a killing this year… Silver needs to rise to 40$ oz so buying at 16oz is a still a bargain and silver is particularly exciting today because gold has just broken out to new highs of its own. $900 gold is starting to get global investors really excited about the precious metals again so when their capital starts to chase silver in earnest, its tiny market assures its gains will be fast and furious like usual. What an exciting time to be long silver and silver stocks! Rev |
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Posts in this topic
TheGrim Buying Precious Metals 01/22/08 7:57pm
Rev Hi all, I've been watching the markets lately... 01/23/08 3:08am Cpt. Snot Rocket Personally, I would never touch PM's. The vola... 01/23/08 9:51am PFC Mustangman We always put our money in a mason jar and buried ... 01/23/08 12:28pm Kleerance I think it's a good hedge to the dollar. But p... 01/23/08 2:51pm
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