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Buy now,or wait for Europe to crash?
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Thread: Buy now,or wait for Europe to crash?

  1. #1
    Join Date
    Jul 2011
    Posts
    45

    Default Buy now,or wait for Europe to crash?

    It looks like a foregone conclusion,the European monetary system is going down the toilet,not if,but when.

    When the inevitable happens,will this drag both PM's down,or just silver (based on reduced industrial demand)?

    So hold off on silver for now,or expect both to drop when all the Euros go to the US dollar after the crash?

    Opinions?.....crystal balls?....

  2. #2
    Join Date
    Oct 2011
    Location
    North Carolina
    Posts
    351

    Default

    Buy now, & i'll tell you why. It's difficult to predict what will happen inevitably with Europe's Future, but the possibility for other government issues to become mainstream in this economy are likely & may cause silver prices to jump. I would rather buy silver @ today's price & have it in my possession then wait and have an increase in price & not have any silver at all. Just my opinion. Thanks Diorwing!

  3. #3
    Join Date
    May 2011
    Posts
    895

    Default

    Good point, Coin. I'd like to add that if the price of silver does fall (big "if" here), can physical silver be bought at or around spot? Or will physical even be available in certain locations?
    Buy now and hold. In the not too distant future, you will not regret it.

  4. #4
    Join Date
    Mar 2008
    Location
    Alaska
    Posts
    491

    Default Silver will probably seperate from Spot

    Last time in 2008-9 the Spot price of Silver was around $10, but nobody was selling at that price. I think it was selling for around $14, and that was if you could find it. With the Margin Hikes happening with more frequency, the seperation of Market price from Physical price becomes more possible. As Jester Jay has said so often, If you don't Got It, Ya Don't Own It. See You At The Top.

  5. #5
    rodger Guest

    Default

    Silver would crash with europe. Usd would be strongggggg

  6. #6
    Join Date
    May 2011
    Posts
    895

    Default

    Quote Originally Posted by rodger View Post
    Silver would crash with europe. Usd would be strongggggg
    You make me giggle. Usd and the word strong do not belong together.

    Sort of like you and keyboards

  7. #7
    Join Date
    Sep 2008
    Posts
    1,073

    Default

    Quote Originally Posted by rodger View Post
    Silver would crash with europe. Usd would be strongggggg
    If you are new here, you may not know about this roger carracter. He is a lover of man but not in the friendly caring way that he may present himself. He has no silver. When referring to his large stash, he it talking about his large stash of gay porn. I don't even want to think about what he considers to be a master stash. Read his posts and note his arrogant taunting demeanor. He is here to taunt you. He is not here to help you. Please beware fellow silver bugs.

    HAS ANY OF YOU TRIED TO BUY PHYSICAL SILVER IN EUROPE? Seems her magesty has strong hands, as do those london banksters.

  8. #8
    Join Date
    Mar 2009
    Posts
    3,489

    Default

    Europe is not going to crash but they will be digging themselves out for a long time. Buy soon or get left behind.

    All forms of self defeating behaviors are unseen and unconscious, which is why their existence is denied.
    Vernon Howard

  9. #9
    ccjoe is offline Senior Member Site Admin
    Join Date
    May 2009
    Location
    Orlando
    Posts
    2,962

    Default

    Quote Originally Posted by wdwexe View Post
    If you are new here, you may not know about this roger carracter. He is a lover of man but not in the friendly caring way that he may present himself. He has no silver. When referring to his large stash, he it talking about his large stash of gay porn. I don't even want to think about what he considers to be a master stash. Read his posts and note his arrogant taunting demeanor. He is here to taunt you. He is not here to help you. Please beware fellow silver bugs.

    HAS ANY OF YOU TRIED TO BUY PHYSICAL SILVER IN EUROPE? Seems her magesty has strong hands, as do those london banksters.
    wd---Thanks for warning the newbies so they won't waste time trying to communicate with a mental person.

  10. #10
    Join Date
    Apr 2010
    Posts
    3,669

    Default

    Quote Originally Posted by ccjoe View Post
    wd---Thanks for warning the newbies so they won't waste time trying to communicate with a mental person.

    You mean a mentally retarded person?

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