Replies to post #18944 on ***Precious Metals Investors Club***

[milo3]

White Cobra, agree with all that you posted and hope silver&gold stay in a 'modest' price range long enough for those contributing to this board to reach - or get close to - at least a security net number of ounces.
And those fortunate enough who have the means to acquire larger amounts of precious metal for future sizable investments they have my best wishes...and envy : ))
At this time it seems there are several *very* well-healed entities with their own agendas that contribute to silver pricing manipulation/gyrations and was curious if anyone wanted to guess what's going on in lieu of the very recent strength of silver.

[Toofuzzy]

Hi White Cobra

I guess you make money going into thrift shops and garage sales and hope to buy it cheap and then sell it on E-bay. I have a neighbor who has signs up "We buy gold and silver" While both of you are knowledeble enough to know what you are buying and can make it on the spread, even you can make a little more by holding when silver is down in price (below $33) and selling when it is higher (above $35). I don't have that knowledge.

You don't need a special IRA to own SLV, PSLV, SLW, GLD, RGLD

When I buy a security I sell a little at a time as it goes up and buy a little at a time as it moves down. I am ALWAYS buying lower than I am selling. Check out www.aim-users.com and the link back to an investorshub board.

Good luck
Toofuzzy