Replies to post #17155 on ***Precious Metals Investors Club***

[White Cobra]

Yes - Gold Going This Weekend

I also plan on selling my small amount of 10K, 14K, and 18K gold this weekend on E-Bay.

I think the Obama campaign will do whatever they wish to bash to PMs down even further. So, One4theroad, I am in total agreement with you on the reality the prices could drop though I am hoping they do not drop to the $20s and $1400s.

[Stinky_pinky]

I'll stick to my original prediction of $28.50 for silver...Back to work, digging for my gold. Be well all! Keep stacking these dips! S_P

[Pro-Life]

I disagree to a certains extent, if I may:

Be careful with any large bullion purchases folks, now is not the time.....

When I first began this bullion buying of mine, the price was under $12/oz. and I had my doubts about my timing but as I reflect back, all the attacks were relatively short lived and and look where we stand today... I have strips of sealed mylar Canadian silver maple leafs that cost me $135 now worth $400+

I am buying right NOW... the price is not dropping here at all lately. Should the price drop to $25-28, I would be like a kid in a candy store!!!

Enjoy a blessed and safe Easter weekend!

[SilverSurfer]

It's wise to remember that circa 1980, many people who feared fiat money inflation felt that as 'real money' silver was still cheap between $20 and $50 an ounce. They were buying heartily, only to discover that it could get a whole lot cheaper. It traded well under $5 a decade later. Most anything can happen to precious metals prices as they are heavily influenced by powerful emotions.
http://seekingalpha.com/article/455991-finding-a-true-value-for-gold-and-silver-part-i