Realcent.org

by **Spikeanator6982** » Mon Jun 25, 2012 11:32 am

http://www.thestreet.com/story/11595790 ... ilver.html

by **Sterling Silver** » Mon Jun 25, 2012 12:15 pm

I don't look to these people for investment advice. The fundamentals for physical metals, especially Silver, speak for themselves.

by **Spikeanator6982** » Mon Jun 25, 2012 12:33 pm

I was more posting it because I thought it was funny, then for advise

by **shinnosuke** » Mon Jun 25, 2012 1:08 pm

Yes, the price of gold and silver is off its highs when calculated in paper money which has an excellent record of always betraying those who depend on it.

by **SilverEye** » Mon Jun 25, 2012 5:01 pm

Let it plummet! Aren't we all still buying?

by **SilverDragon72** » Mon Jun 25, 2012 10:40 pm

I want to levels to plummet for a while! More buying for US!!!

Stack em' while you can

Long term value and protection is the name of the game!

by **GTOJohn** » Tue Jun 26, 2012 4:15 am

it's not a 'drop in spot price' -
it is just a sale on metals !

by **neilgin1** » Tue Jun 26, 2012 5:16 am

Spikeanator6982 wrote:http://www.thestreet.com/story/11595790/1/dont-walk-run-away-from-gold-silver.html

that is a funny article...thanks for posting it. what i'm about i beg ya dont take personally coz its not meant for and about you bro.

first off anything from the street dot com, i blow off its that Jim Cramer infotainment screaming and shilling, funny how CNBC went from 350k viewership to 99k.........sad in a way how regular folks chow on that mystery meat they serve up in their mess hall.

i mean, you have non G8 central banks ramping up gold purchases, and this chuckleheads spew what splurge ahh, it's as old as history.

But it gave me a laugh, that said, if we have another 2008-09 downdraft could board silver trade down to 9, like it did then...sure. But unless you are trading the board or ETF's whats the worry?

by **mongo** » Sun Jul 08, 2012 9:33 pm

Would the gentleman who wrote that article care to explain why alot of the central banks are buying gold as fast as they can get their hands on it ? The old saying follow the money really speaks loud and clear on this subject.

by **deacon** » Sun Jul 08, 2012 11:11 pm

I like Jim Cramer. He made me interested in the economy and such. Yes, he is more entertainment than anything. One shouldn't take free advice without salt. Information is valuable.

Anyway, articles like this are fine by me. Let them sell their metal. From weak to strong hands.

by **OtusLotus** » Mon Jul 09, 2012 6:12 am

What I don't get from the article was the sentence, "People buy homeowners insurance for the same reason: It's the big loss that destroys years' of wealth building"

Seems like this guy is taking a snapshot of the world and blaming gold, silver, and other metals for the problems. lol

by **Mossy** » Tue Jul 10, 2012 12:43 pm

The Martingale system ignores the house percentage, so the "average trend", is negative. This equates to an average drop in metals. Sort of.

That's not the case with PM's, if we consider a long enough time frame.

Metals are a bad bet for the sort of impatient day trader types that read The Street, and I'll be happy to rescue any of them that wants to unload any physical they were foolish enough to purchase. Of course, it will be at a rate slightly below spot, considering how unwise that initial purchase was.

by **exbingoaddict** » Thu Jul 12, 2012 12:56 am

It's been awhile since I posted the pic of the falling knife on metal prices. That call has made me look smart (or that I stayed at a Holiday Inn Express). The short term isn't really giving any reason to be bullsih on gold or silver. Not that I'm a seller right now, I'm just not a buyer either.

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