As the title states where will you go once silver hits 150- 500 dollars an oz? What other markets will you go into once you sell all your silver?
Productive farmland and income producing assets such as real estate. Missing out on some nice interest having the $'s in silver instead of a bank account but think long-term this will be returned many times over. If silver's hitting $150+, should be able to pick up some heavily discounted positive cashflow properties. That's the plan anyway.
Just follow what the banksters do. My guess is they will sell lots of gold to the Gman at $7 000+ / oz, and buy Gman paper at 5 cents on the dollar, 20%+ interest. In any case case the value will be obvious, but scary as hell to buy, like silver and gold 10 years ago. Stocks will be a great buy, as well a RE, but they will be dogs for years before things pick up. vvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvv personally, I'll do the same as this guy vvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvv JMO
You're telling me! I think I could have picked anything apart from precious metals over the last 2 years and been way ahead. Sure... If you run a Church :lol:
With zero being the ultimate goal of every good silver stacker I'm waiting till silver hits 18 before selling. After that I'll be in the market for some other negative cash-flow, rapidly deprecating asset in order to ride the next big down wave. I feel kinda bad for the silver stackers who cashed out at $49 in 2011. They're really missing out now!
I'd be very worried if it was a true market but it is manipulated fractional trading. Again Gresham's law. I believe the metals' jump will be so fast you won't have time or access to buy under 60 if you haven't got yours in hand now.
That was mid 2011 if I'm not mistaken. After an 18 year bull market (1993-2011) that ended in a parabolic blowoff top in April 2011.
Yes, it'll be great. Just think of all that silver you can buy at rock bottom prices. Then, a mere 20-30 years to wait to get a profit. This is the opportunity of a lifetime!
Yes, if silver hits $150/oz then the market and economy is likely rooted in some way. Should be bargains to be had for those with the cash.
Once silver hits $500 I'll be going to an optometrist. Because I'll either be 60 years old or seeing double.
