Ridge Runner Posted September 25, 2014 Report Share Posted September 25, 2014 Watching the market live and it said gold was up 7 dollars and silver was down .21 cents. The trouble is gold started to drop and it's now 1219.00 with silver 17.59. Gold lost three dollars while I was looking at it.I'm just passing the good for some and bad news for others.Chuck Anders Quote Link to comment Share on other sites More sharing options...
Grubstake1 Posted September 25, 2014 Report Share Posted September 25, 2014 Before its over, gold will tank below $1000.00 and silver around $12.00 Grubstake Quote Link to comment Share on other sites More sharing options...
Ridge Runner Posted September 25, 2014 Author Report Share Posted September 25, 2014 Grubstake 1 I have a friend that has 7 bars of silver at a 100 ounce each and as long he can hold on to them he's ok. I told him I'd got it in less amount so not to draw attention to ones self when selling. You could very well be right on the price of gold and silver will slide down the hill at the same time. Now if the price of detectors would follow the metal market but not on the up side.HaHaChuck Anders Quote Link to comment Share on other sites More sharing options...
LuckyLundy Posted September 25, 2014 Report Share Posted September 25, 2014 Chuck,Your right 2 1/2 ounces of gold once would purchase you a new Minelab! Now I learned from my Father, who got caught holding out for a better price with several hundred ounces of silver for over 20 years to make his profit...my pigs go to market! Unless you like looking at your poke, send it to market!LuckyLundy Quote Link to comment Share on other sites More sharing options...
clay Posted September 25, 2014 Report Share Posted September 25, 2014 Selling low and buying high is an American tradition. I doubt anybody's silver or gold weighs less than it did a week ago so losses are all in the mind until you sell.Lower prices indicate it's buying time not crying time. Unless of course you actually believe the dollar will buy more groceries tomorrow than today and all nations will live in harmony from this point forward.Whirled peas. Quote Link to comment Share on other sites More sharing options...
frank c Posted September 25, 2014 Report Share Posted September 25, 2014 I do not agree that gold will dip to or below 1000. Quote Link to comment Share on other sites More sharing options...
azblackbird Posted September 25, 2014 Report Share Posted September 25, 2014 Selling low and buying high is an American tradition. I doubt anybody's silver or gold weighs less than it did a week ago so losses are all in the mind until you sell.Lower prices indicate it's buying time not crying time. Bingo! Many people panic and sell at the lowest price. That's what the big boys want you to do. There's an old saying I abide by… "be fearful when others are greedy, and be greedy when others are fearful"Me thinks if gold were to go below $1000 there would be some fearful individuals out there. Quote Link to comment Share on other sites More sharing options...
Ridge Runner Posted September 25, 2014 Author Report Share Posted September 25, 2014 For what it's worth the stock market took a hit of 260 points on the down side.Chuck Anders Quote Link to comment Share on other sites More sharing options...
moonlight Posted September 26, 2014 Report Share Posted September 26, 2014 been in this market 41 years keep your silver sell your gold im with gary on price Quote Link to comment Share on other sites More sharing options...
Roo Posted September 27, 2014 Report Share Posted September 27, 2014 Just curious. Why keep or buy silver!? Quote Link to comment Share on other sites More sharing options...
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