Quote:
Originally Posted by bnorth
Wouldn't buying at a 6 year high be about the worst time to buy? Isn't silver like cards, buy low sell high?
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It depends on if one thinks it will climb even higher or not.
When I posted that yesterday, silver was twenty one dollars and some change. As I'm typing this message, it's twenty three dollars and some change. If you bought yesterday, you already made money. if you sold yesterday, you lost money.
But the bigger picture, at least for me, is that the GSR continues to get smaller and smaller. I'm going to hold off on silver right now and start focusing on gold...at least for a little while.
I believe the stock market is about to take a blood bath that will continue to last into most of next year (maybe longer). And I think you'll see it start to happen by the end of this month, maybe early next month. Here are today's markets just so we can have a point or reference.
Dow 26,840.40
Nasdaq 10,680.36
S&P 3257.30
07-22-2020, 07:35 AM
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