Gold and silver

[glovesetc]

Had a strong showing the last few days - lost about 7% off their highs . Things go better with K-Y Jelly or so they say !!!!! God bless

[zengrifter]

How soon before we see $2000? Is there still alot of money to be made? zg

[glovesetc]

I doubt we will see $2,000.00 in the near future cause if gold hits above $1,000.00 I would hate to see what the dollar is worth !!! God bless ! Could you imagine what the dollar would be worth at $2,000.00 ?????

[glovesetc]

I would rather buy a 1000 ounces of silver at say $15,000.00 and look at the upside from there . Your loss if it went to zero would only be $15,000.00 and it will never zero out . I like the odds on that and i am looking to buy silver with any pullback in the market at all !

[zengrifter]

Originally Posted by glovesetc

I would rather buy a 1000 ounces of silver at say $15,000.00 and look at the upside from there . Your loss if it went to zero would only be $15,000.00 and it will never zero out . I like the odds on that and i am looking to buy silver with any pullback in the market at all !

Silver, thats the ticket! Silver Stocks! zg

[glovesetc]

I prefer the metal as a gedge in case the currency tanks - which I doubt - but a one ounce silver ingot might buy you a great dinner or trade it for goods as the case may be !!!!!!! Even better might be a $1,000.00 worth of pre 1964 and before dimes . Bags of coins are traded on the exchange evryday or try your favorite coin dealer .

[zengrifter]

Originally Posted by glovesetc

I prefer the metal as a gedge in case the currency tanks - which I doubt - but a one ounce silver ingot might buy you a great dinner or trade it for goods as the case may be !!!!!!! Even better might be a $1,000.00 worth of pre 1964 and before dimes . Bags of coins are traded on the exchange evryday or try your favorite coin dealer .

I want more leverage! Silver stocks, futures, options... what else? zg

[glovesetc]

go in the futures market abnd forget taking possession of the metal . You can also do puts and calls although 95% end up worthless but when they hit it is like the motherlode . The market is not for the faint of heart . It is still the biggest casino in the world . You might want to look at Chineese silver stocks as well as I believe the Chineese and the Euro are the leaders in trends .

[ihate17]

Originally Posted by zengrifter

I want more leverage! Silver stocks, futures, options... what else? zg

Unless you have invested in bullion stocks or futures with a company that is located in a nation where everything did not tank, what makes you think that company will still be there for you to collect? Gold goes to $2,000 but no one is there to pay you in real gold, euros, dollars or anything!

If you really believe that all is ending then you should also firmly believe that futures and stocks will be worthless. Instead you should be buying and holding the actual metal.

ihate17

[bj bob]

Originally Posted by zengrifter

Silver, thats the ticket! Silver Stocks! zg

Hi Ho, Silver!!!!.........Lone Ranger