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Thread: Good time to buy silver and gold?

  1. #11

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    Quote Originally Posted by Zippyjuan View Post
    What are your goals and how long do you intend to hold it? Do you expect it to be worth more in the future? If you are looking for something short term- don't. It can't be predicted short term. If you think it will go up in the future, yes, it is probably a good time to buy. Is it the "best" time to buy (meaning is it at the bottom and only going up from here)? Nobody can say. Can't tell a bottom until it is already passed. It could go higher in the future- it could go lower. The reason time is important is that more time will give you a better chance of riding out any declines which may occur.
    I'm looking to have it around for many years, like part of a retirement portfolio, or in case of a national emergency and I need to get out of the country ASAP. Hopefully, I will have no need for either of these reasons and will instead (God willing) pass it on to my grandchildren.
    +
    'These things I command you, that you love one another.' - Jesus Christ



  • #12

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    Quote Originally Posted by Steven Douglas View Post
    My prediction, which is good for a makeshift doormat if you print it out: breakout and prolonged rise around mid-March, followed by a massive correction and an entirely new floor, below which it will never again descend.
    Interesting. I guess time will tell.
    +
    'These things I command you, that you love one another.' - Jesus Christ

  • #13

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    I think right now is a fantastic time to buy.

    Both Gold and Silver dipped last friday and are at decent prices right now. December is going to be a rocky month, should be good for PMs.

    In the long term it's a great time to buy regardless.
    Proud member of the Silver Liberation Army

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