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The Water Cooler
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Investing In Silver
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<blockquote data-quote="djcorrell" data-source="post: 2846860" data-attributes="member: 12752"><p>If I can help anyone here, let me know. If someone wants short term, play the option spreads. If you want long term capital protection, don't let this bother you. I would rather continually buy in an up trending market, than a down one. Because if you ever need cash, you get more. Also, silver is still great, gold has outperformed it lately. Look at the gold silver ratio. So it is still a buy. Diversity is key. Look for a short term dip, profit taking by the big boys. It is still WAY better than going to a casino or playing the lottery. What is funny is the lack of interest when it is making new lows, yet all the excitement when it moves up in a way that is expected and we all hope/plan for. Funny thing today, there was so much action that Kitco.com shut down for a bit. That should tell you something.</p></blockquote><p></p>
[QUOTE="djcorrell, post: 2846860, member: 12752"] If I can help anyone here, let me know. If someone wants short term, play the option spreads. If you want long term capital protection, don't let this bother you. I would rather continually buy in an up trending market, than a down one. Because if you ever need cash, you get more. Also, silver is still great, gold has outperformed it lately. Look at the gold silver ratio. So it is still a buy. Diversity is key. Look for a short term dip, profit taking by the big boys. It is still WAY better than going to a casino or playing the lottery. What is funny is the lack of interest when it is making new lows, yet all the excitement when it moves up in a way that is expected and we all hope/plan for. Funny thing today, there was so much action that Kitco.com shut down for a bit. That should tell you something. [/QUOTE]
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