Don't expect to pay the spot price!

While I agree that Silver is cheap right now, and IMO is a good time to buy, I generally don't buy into flashy advertisements such as this. Call me a fuddy duddy, but such as this is what started a commodities bubble in the first place. As for the statistics... it reminds me of a quote by a famous author. There are 3 types of lies; lies, d__n lies, and statistics.
 
Morning,

"ow, and IMO is a good time to buy, I generally don't buy into flashy advertisements such as this. Call me a fuddy duddy, but such as this is what started a commodities bubble in the first place. "


Hmmm, a couple of comments.


First up, it isn't an advertisement.

Second - what bubble?

Bubbles are characterised by a very clear manic phase at the end normally resulting in a precipitous fall. During the mania, every dinner table is full of the talk abut it and everyone has some, is buying more etc.

Did you notice that when gold hit $1900 or silver $50?

Nope, not a squeak - the vast bulk of the population didn't have a clue about the price even within 50% - not exactly a bubble by any historical standard.

Now, USA debt - now that's a bubble. Creation of USA dollars - a vertical northern line - now thats a bubble.


But even so, there are many that have no interest in it -------- yet. Wait until those two burst and you will see dinner tables alive with doom - way too late of course - just like bubble history.

Have a great day

Gazza.
 
You must log in or register to reply here.
Back
Top