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General Storage Auction Talk / Any of you guys sitting on silver? You selling or holding with the recent crash?
« on: May 06, 2011, 06:50:34 PM »
I sold off a good amount of scrap silver lately before prices started to fall.
With the sudden drop just curious if you guys are holding waiting for it to bounce back or for long term or selling now while prices are high?
Obviously prices now aren't near an all time high not even close but just seems wierd job numbers come out worse, inflation is bad, etc all things which shoudl make it go higher and it falls fast.
I was watching Kudlow the other week and a guy was warning people about buying and mentioned some crash back in the 80's or so. I'm too young to remember that but it got me thinking, I wound up selling about half of the silver I was holding
With the sudden drop just curious if you guys are holding waiting for it to bounce back or for long term or selling now while prices are high?
Obviously prices now aren't near an all time high not even close but just seems wierd job numbers come out worse, inflation is bad, etc all things which shoudl make it go higher and it falls fast.
I was watching Kudlow the other week and a guy was warning people about buying and mentioned some crash back in the 80's or so. I'm too young to remember that but it got me thinking, I wound up selling about half of the silver I was holding