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Thread: Get your fiat ready for...$15 silver!

  1. #11

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    We live in interesting times.

    COMEX gold holdings are at an extremely low point. There could be a failure to deliver this year. If so, that might cause gold to shoot up $100 or more until they can acquire some more registered gold to keep the paper gold game going.

    Silver will most likely follow gold wherever it leads.

    But I will try some more silver if it goes under $20 per ounce.
    Legal Disclaimer: I am not a doctor, nor do I play one on TV.

    "It's tough to make predictions, especially about the future." -- Yogi Berra
    A variant of this has also been attributed to physicist Niels Bohr, and others.

    "Tis against some menís principle to pay interest, and seems against othersí interest to pay the principal." -- Benjamin Franklin

    The School of Hard Knocks is where you get the lesson after you fail the test.

    Book title: "The Best Way to Rob a Bank Is to Own One"

  2. #12
    Join Date
    Oct 2013
    Posts
    407

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    Quote Originally Posted by WhatsUpDoc1958 View Post
    We live in interesting times.

    COMEX gold holdings are at an extremely low point. There could be a failure to deliver this year. If so, that might cause gold to shoot up $100 or more until they can acquire some more registered gold to keep the paper gold game going.

    Silver will most likely follow gold wherever it leads.

    But I will try some more silver if it goes under $20 per ounce.
    I'm sure you'll have that chance fairly soon, but I'd wait until $15.00 if you have the patient's (get it?..he's a Dr. ?? )

  3. #13

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    With the proliferation of paper silver, anything is possible if enough bank employees get on the internet and talk it down. I doubt that they can hold it there long, though.

  4. #14

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    Quote Originally Posted by BuyLowSellHigh View Post
    except the doomers have been right for the last year
    You mean the last two and a half years...

    Been stacking cash since then. And of course, paying down my mortgage - 6K left. Started at 280K +-

    PS: If Gold breaks 1K, watch out below. And I still have some Gold and Silver, just for insurance.
    Last edited by Atlas Shrugged; 01-11-2014 at 10:21 AM.

  5. #15

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    Quote Originally Posted by Atlas Shrugged View Post
    You mean the last two and a half years...

    Been stacking cash since then. And of course, paying down my mortgage - 6K left. Started at 280K +-

    PS: If Gold breaks 1K, watch out below. And I still have some Gold and Silver, just for insurance.
    When did you sell?

  6. #16

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    Quote Originally Posted by Lakeside View Post
    I'm sure you'll have that chance fairly soon, but I'd wait until $15.00 if you have the patient's (get it?..he's a Dr. ?? )
    Have the patient's what?

  7. #17

    Cool

    Quote Originally Posted by BuyLowSellHigh View Post
    Time to back up the truck if that happens. Will follow up at year's end to bust it if $15 doesn't happen
    i believe in living One day at a time. we are at $20.17 today.
    x3

  8. #18

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    Quote Originally Posted by Lakeside View Post
    I'm sure you'll have that chance fairly soon, but I'd wait until $15.00 if you have the patient's (get it?..he's a Dr. ?? )
    See the disclaimer.

    Legal Disclaimer: I am not a doctor, nor do I play one on TV.
    Legal Disclaimer: I am not a doctor, nor do I play one on TV.

    "It's tough to make predictions, especially about the future." -- Yogi Berra
    A variant of this has also been attributed to physicist Niels Bohr, and others.

    "Tis against some menís principle to pay interest, and seems against othersí interest to pay the principal." -- Benjamin Franklin

    The School of Hard Knocks is where you get the lesson after you fail the test.

    Book title: "The Best Way to Rob a Bank Is to Own One"

  9. #19
    Join Date
    Jul 2013
    Posts
    815

    Default

    $15.00 Silver? entirely possible, whether it's probable to reach $15 is yet unknown...... fact is--- silver has done horribly over the last few yrs.... if you don't --and most do not -- have a low dca-- you're screwed for at least the next 18 mths.........

  10. #20

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    Quote Originally Posted by WILDPIG View Post
    $15.00 Silver? entirely possible, whether it's probable to reach $15 is yet unknown...... fact is--- silver has done horribly over the last few yrs.... if you don't --and most do not -- have a low dca-- you're screwed for at least the next 18 mths.........
    I believe that there are many more than you expect that have stacks with dust on them in the back of the safe that were acquired around the $5 pos and $500 pog levels. they are just not proactive forum posters. jmho

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