Silvers Down, Dows up, HELP

There were 4-6 weeks delivery times BEFORE today's drop (and you will pay a hefty premium on top of spot price). This makes a lot of sense, right? A product is in tight supply. Little or no product available for immediate delivery...and the price goes DOWN? What happened? The market has been manipulated by the selling of 'paper' silver into the market. Physical silver is cheap, but you can't get any - kinda like bread and toilet paper in the old Soviet Union. If you bought silver recently, you bought in an up market, and will have to wait for the price to rise after their engineered 'correction'. If you are holding the real thing, don't let them shake it out of you. If you bought paper - well, you're still better off than the guys in the old Soviet Union (you can use it for SOMETHING).

If you want to trade then you must go through significant training. It is profession not a hobby.

If you are along term investor, research and "index" your buys.

Buy it low and on the way up.

You need to research and become knowledgable in markets. Then you won't need to post here. You will be studying Kitco all day long. That is where you belong.

Silver eagles are in shortage right now so if you bought any then you did all you could.
Don't look at silver each day otherwise you'll go crazy and do something stupid. Silver may reach as low as $15 but no one will have them to sell to you so stop worrying about "wasting" money.

Silver usually goes down in the summer and up in the fall so give it some time.

You dont buy metals for appreciation. You buy them as a hedge. Anyone who buys Silver or Gold as an investment is crazy unless they are buying them at some kind of historic low, with money they can literally throw away.

If you bought silver or gold, think of it as rice or beans in case the economy collapses. Are you going to freak out if the price of corn drops when you have 200 lbs of it in the pantry?

... silver going down is a GOOD thing. Go buy more for less!

;)

Thanks, guys. We have invested in a wide range of investments; putting more in international stocks with EuroPac, but I just bought a monster box of silver and am choking a little because I bought it just before the peak. I convinced my husband it was a good idea and he has a hard time with short-term thinking. So he stressed me out even though I tell him we are in for the long haul. Of course I sure wish I were smarter and had waited. I could have saved $1400! I did watch the Rich Dad video. That is what convinced me, along with what I have heard here and read with Peter Schiff, that silver was a good deal to get. So, you win some and you lose some. It is a hedge and safety net but also part of our future. It sure is a roller coaster ride.

Healthnut4freedom

"Trust in the Lord with all thine heart; and lean not unto thine own understanding. In all thy ways acknowledge Him, and He shall direct thy paths." Proverbs 3:5,6

what do you think will happen to silver and gold. Some are from the theory that there will be less people able to afford gold and silver.

HEALTHNUT.......please go to www.investmentrarities.co...
please read ted butlers article today.. it will explain everything!

as for me and my home, we shall worship the LORD

Silver and Gold are not investments. They are a hedge against uncertainty. I wrote about this a few weeks ago. Of course these things won't go up in a straight line. This is a pullback. I wrote that I expected a pullback to around $845 for gold and $14 for silver. The dollar is rallying because the M1 is flat or slightly declining. The silver/gold is a long term buy and hold. This is something that you pass down to your kids and grandkids for very hard times if they come. If you buy and hold you may shortly make a LOT of profit--esp in silver. But don't think of it as an investment. Its true savings.

Invest in business-especially your OWN. Invest in CASH FLOW. It matters not what the money masters do if YOU have a reliable small business that people need and are frugal with good cash flow. Build up capital and wait until the housing market crashes fully and then BUY when everyone else wants to sell. This stuff is so easy once you understand it. I don't want to brag, but, when gold and silver were plague in investment circle I was buying. Got silver under $6 then. THINK, do NOT follow the crowd. Certainly don't follow the MSM investment advice.

A quick easy primer on these subjects are the Rich Dad series of book. They have an online site as well. And NO, I'm not affiliated with them in any way. I read their stuff a very long time ago. Sorry or the long post, but we Ron Paul types must hang together or we will surely hang separately.

Gold and silver are down right now for several reasons. For some God unknown reason Wallstreet thinks that all of the country's financial problems are gone so they are all jumping back into the stockmarket and selling off their gold and silver stocks. This really is insane because nothing has changed with the economy except that it is getting worse and will continue to do so.

I agree with Dr Paul and firmly believe that the dollar will collapse and it will happen soon because the actions by the Fed is accelerating it. Oil is up and with a country that has the majority of its goods shipped by truck, EVERYTHING will go up. People are losing their homes, jobs and buying ability. It's just a matter of time and I personally am going to buy more silver because silver is a precious metal that is being used for technology and industry and silver is becoming rarer and rarer.

I feel secure holding silver and I won't feel bad for one second when the idiotic investers jumping into an already overinflated stock market lose their money when the doodoo hits the fan. I will feel sorry though for the millions of Americans that have their IRA's in stocks because most don't have any clue as to what is going on in the market. They will be the victims not the banks, mortgage companies and large corporations because the Fed is bailing them out instead of the Americans that really need the help.

i got slammed when I posted a thread that my husband said to invest in diamonds..he said the price of gold and silver would come down shortly..Diamonds (especially colored ones) never decrease in value.

And yes...I saw Blood Diamonds...and they're tripping over diamonds on the ground in Africa...but guess what? You're not in Africa...So hunt estate sales or reputable jewelers who purchase from estates...

This is not an attempt to slap anyone down...Just to let all know that the BEST plan is to diversify...

There are tons of things out there you can invest in if you want to make a profit...just think Rare...

A 1916-D silver dime may cost you a chunk right now...but guess what? it's a rare coin and the price never goes down, it will only increase in value...

In 2000 I invested in an authentic autograph collection..the apex being an original Bruce Lee autograph...the others included other deceased names like Jim Henson etc....Things like that will only go up as there are only so many in the world and Bruce Lee isn't signing anymore.

So gold and silver are not the only ways to invest money....use your imagination!

So I know how you feel. I think gold and silver are long term investments. But it is nice when they go up in the short term. Some experts think the metals will go up http://www.monex.com/gvi?...

DIVERSIFY DIVERSIFY DIVERSIFY!!!
Don't put all your money in gold and silver maybe 10-20%.
Why not put some of your money in foriegn government bonds. There's a european bond etf that yields 5.5%. Your not in stocks your not in america if I find the name I'll try to post it here.
No one should put all their money in gold or silver. That's idiotic. Try some foriegn utilities, bonds, agricultural commodities, and a little gold and silver.
DIVERSIFICATION IS THE ONLY FREE LUNCH.

I fully expect silver to test the $30 dollar mark, then retreat again before proceeding to much higher ground. Like gold, all commodities are inflation sensitive and believe me we are in for some kind of inflation in the very near future.

As I have said before however, if you are looking to gold or silver in terms of a Fiat return then you are looking at both in a way that will disappoint since your Fiat Currency is being debased, more and more. So, if you are looking for $1500 dollar an once gold then remember that those 1500 dollars are increasingly worthless and their purchasing power is substantially decreased.

this is what you call a shakeout. Alot of people were buying close to the top and the big metal guys sell for there profits. Now the price starts to go down and the small guy says I am loosing $ now so I am going to sell. Then the big guy starts to buy again and the whoe cycle starts again. If anyone gets a chance get the book that was put out by Ted Warren its around $75 or join a Ted Warren group. I believe it is called How to make the stock market make $ for you. It is the only book he ever put out so it wont be too hard to find. This book was put out many years ago and all copies were bought up and destroyed. Several years later a guy came along and bought the rights for this book. It is so well written that a 4th grader can get it. Most of his followers call themselves Investolators. And it is all done by watching the charts

"One thing is to understand what is going on and why. In May of 2006 the US Government ordered the price of gold down. It fell from $730 to the $550+ area. They have done so again. Same drill."

". . . the price of gold has been going up for 8 years, with few people on board for the majority of the ride. This year will be no exception. And the good news is the move is accelerating because The Gold Cartel doesn’t have enough available central bank gold to keep the pressure on to overpower growing physical market demand."

"A clue to this lack of gold was the negative gold lease rates in which The Gold Cartel was paying people to borrow gold and sell it. It is there for all to see. Could anyone fail to see what occurred here? Is putting 2 and 2 together that difficult?"

"How pitifully sad: This blatant market intervention is nothing more than an April Fool’s Day Joke On The American People."

http://www.lemetropolecaf...

________________

Good luck to us all,

Lisa C.

www.women4ronpaul.com

Buy Low, Sell High

Yep just hang on to the metal for emergencies.
They will be Gold then.

Davy C Rockett

http://www.thelibertypost...
http://screamfreedom.blog...
http://liberty-central.bl...

Precious Metals are not meant to be day traded, they are a Long Term investment, 2-3 year minimum. Yes even I bought some at the high, and its a little nerve racking, but the fundamentals haven't changed. Give it 6 months to a year see where we are at then. Keep your head up. My advice is don't watch it for a few weeks. This is typical move for metals. Especially silver. It will be back before you know it and higher.

That's the nature of the beast.

Be right and sit tight.

________________

Good luck to us all,

Lisa C.

www.women4ronpaul.com

I've had the ETF GLD for several years. It has a history of wild fluctuations. You have to have a stomach for it. The overall trend has been up. Since I don't see anyone fixing the problems plaguing the dollar, I can only imagine this is just another temporary thing. Try not to think about it.

Freedom is not FREE!!
That. By that time the dollar will have tanked.

Nothing moves in one straight line up or down. Every market has waves. Please calm your nerves and realize why exactly you are doing what you are doing and don't get too far into any single investment that your nerves get frazzled. Calm heads usually operate the best.

My liberty-minded home base of thought:

www.ponderthis.net

Everybody just hang on. If the down drafts are making you airsick, take a dramimine, but in any case keep your seatbelt on and you'll pop out at the other end in one piece.

Think of this as a sale, and when the sale is over you'll have gotten a deal.

My wife had an account heavily invested in tech stocks. When the bubble burst, she freaked and stopped contributing. I tried to get her to see that each dollar was buying MORE than when the price was high.

Metals should not be considered an investment to get huge gains. Rather, it is holding on to the value of your money. If you can buy low and sell high that's a bonus.

Think about this-when a US dollar was .71 oz. of silver, gasoline was 25 cents per gallon. Today, that same silver dollar will still buy (at least) four gallons of gas.

For at least two thousand years the purchasing power of silver and gold has been consistent.

What do you mean 'the Dow is up - Help'???

I am absolutely loving this current situation. You should too, that is unless you want the dollar and economy to come crashing down sooner than later. In my sincere estimation we are still near the end of our inflationary economic lifespan, however, if we can hang on and squeeze out a few more good months to prepare then I'm happier for it. My gold and silver are resting safely in my physical possession, and their unchanging value is my peace of mind that they are there. I have no intention of moving any of it. I bought it to hold for the point when the dollar came crashing down, or possibly sell some at a point when the value skyrockets up so high that I could easily secure more items of real value like land/shelter. Other than that the "market price" from day to day means essentially nothing to me. If it does for you then you bought for the wrong reasons in my opinion; and if you need the paper money from the gold/silver now then you were not ready to buy it in the first place.

You gotta be cool on Wall Street when your index is low.

Remember, the world's financial elite is trying to keep the inevitable from happening. They are powerful enough to make things move around a bit, but they cannot create wealth where none exists. The iron laws of economics will prevail. But this is not a get rich quick scheme. So keep your shirt on. The dollar is doomed. Not tomorrow. Probably not next week. Maybe not next month. Six months is pushing it. Within a year it is likely that the dollar will be in critical condition. Within two years, it will be a new world and people who had their life savings in dollars are going to be crying a river.

You can expect a new surge in commodity prices, hold your silver and gold.

My IRA had been going so bad, that I move a whole bunch of it into silver ETFs (and Gold). Then to avoid pathetic declining bank interest, I moved a whole bunch of my non-retirement savings to silver ETF (and Gold).

I'm getting creamed.

My whole net worth has plummttted down to near nothing, and it looks like everything that I've been told about economic fundamentals forcing metals to go higher has been just an absolute myth or a lie.

Silver has now crashed by 33%.
This is worse for me than the 1929 Stock crash ever was.

It may take a whole decade or more now for me to ever recover my money now, if I'm not first forced to lose the money in order to access cash just to survive.