Pretend You're Buying Gold
Posted: Sun Sep 19, 2010 1:15 pmAlot of you may be incredulous at how fast silver has risen in the last month, and suspect that a pullback is in order. You may feel you'll have another chance to "buy the dips" again, and have decided to stubbornly stockpile cash as you await the return of "sensibly-priced" silver. Others have decided that this is the time to take profits, and are offering their silver for sale at prices not seen in two years. There's a bunch of fresh listings on ebay that support this scenario. Alrightee now...
what do I think? All of you who are waiting for a pullback, or who are selling now... are gonna regret it later!
Silver is just beginning to take off, and will continue to gather momentum as it does. The ten, twenty, thirty cent jumps you are witnessing now will become seventy cents, one dollar, two dollars a DAY by next year. I would really be VERY surprised if silver is not between $60 and $80 an ounce a year from now. So, how does one turn off the old mindset and peel another bill or two out of the wallet to purchase silver now, at these ever-increasing prices? I do it as if I was buying gold. Someday, sure... maybe it's a decade away, but silver will be priced as gold is now (particularly if the scarcity of above-ground silver is true). With that being the case... doesn't it make sense to stockpile as much as you can now? Back up the truck? It certainly makes it easier for me to bid fifteen to thirty percent higher than I did two weeks ago, for ebay items I want. Just remember, if you don't want to bid "fair value" someone else will. We've all known for years that silver was underpriced... it you fail to act on that knowledge now you'll be kicking yourself in the arse for years to follow 
what do I think? All of you who are waiting for a pullback, or who are selling now... are gonna regret it later!
Silver is just beginning to take off, and will continue to gather momentum as it does. The ten, twenty, thirty cent jumps you are witnessing now will become seventy cents, one dollar, two dollars a DAY by next year. I would really be VERY surprised if silver is not between $60 and $80 an ounce a year from now. So, how does one turn off the old mindset and peel another bill or two out of the wallet to purchase silver now, at these ever-increasing prices? I do it as if I was buying gold. Someday, sure... maybe it's a decade away, but silver will be priced as gold is now (particularly if the scarcity of above-ground silver is true). With that being the case... doesn't it make sense to stockpile as much as you can now? Back up the truck? It certainly makes it easier for me to bid fifteen to thirty percent higher than I did two weeks ago, for ebay items I want. Just remember, if you don't want to bid "fair value" someone else will. We've all known for years that silver was underpriced... it you fail to act on that knowledge now you'll be kicking yourself in the arse for years to follow 
I fear that I'm not being greedy enough! 
