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To: blam

Is it too late to buy silver? Its at $43+/oz. now.


22 posted on 04/17/2011 8:16:52 PM PDT by CapnJack
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To: CapnJack
"Is it too late to buy silver? Its at $43+/oz. now.

I don't know.

I have a friend who is still buying. He started at around $8.50 and has bought it all the way up. He calls it averaging.

The average of the silver he has bought is well below $43.00.

23 posted on 04/17/2011 11:36:20 PM PDT by blam
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To: CapnJack

24 posted on 04/17/2011 11:39:00 PM PDT by blam
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To: CapnJack
For what it's worth, I would get out of 'FRNs' (Federal Reserve Notes) and into something real, whether gold, silver, food, land, ammo or even lumber...whatever. Own something real, because the value of your paper is inevitably going to go down, significantly and soon.

Forget about making $ on silver. Think of it as preserving wealth. And buy physical -- anything that's paper or digital goes poof if anything severe happens. And there's way more paper silver being traded in world markets than physical silver in existence.

25 posted on 04/18/2011 12:16:13 AM PDT by servantoftheservant
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