If the price reversal isn't sustained, who will be disillusioned?

Discussion in 'General Precious Metals Discussion' started by SpacePete, Oct 12, 2014.

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  1. Icon

    Icon Member

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    If prices go up, what I have is worth more. If prices go down, I can buy more for my money. Is a win win situation.
     
    Icon, Oct 14, 2014
    #21
  2. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Using the same logic:
    If prices go up, you can buy less for your money. If prices go down, what you have is worth less. Lose-lose. :p
     
    wrcmad, Oct 14, 2014
    #22
  3. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    What if the price stagnates within a narrow range?
     
    SpacePete, Oct 14, 2014
    #23
  4. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Then CJ was right. :p
     
    wrcmad, Oct 14, 2014
    #24
  5. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    [​IMG]
     
    SpacePete, Oct 14, 2014
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  6. hawkeye

    hawkeye New Member Silver Stacker

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    Still in the black, thanks to the majority being bought approx 5 years ago but like others have said in here, there has been a big opportunity cost which disappoints me the most. I've learnt a few lessons, which are always valuable, if often costly.

    Haven't bought any silver for over 2 years now. Have gradually sold some at various points looking for other opportunities or just to get some spending money and don't have the large stack that I once did.

    What I still have is more insurance policy than anything else at this point though I do still keep one eye on the market to see if it perks up. A big washout might be interesting.
     
    hawkeye, Oct 14, 2014
    #26
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