Anyone buying silver?

[mosesbotbol]

Although not silver, the Credit Suisse gold ingots are really cool. An one ounce ingot on a gold chain is player.

[themoneycollector]

IMO, I think silver and gold are timebombs and now is the time to sell instead of buy. You could still make money buy & sell in the short run, but the market has pushed up prices way too high. The only people who are going to make some serious money are those who invested 3-5+ years ago. I will be selling my silver collection soon. Due to it's practical purpose, I think silver is better than gold to hold onto longer term.

Originally Posted by mosesbotbol

Although not silver, the Credit Suisse gold ingots are really cool. An one ounce ingot on a gold chain is player.

Haha, I remember the rappers wearing them in the 80's.

[mosesbotbol]

Originally Posted by themoneycollector

IMO, I think silver and gold are timebombs and now is the time to sell instead of buy.

I did too (3 years ago) and made a decent profit at that time. If only I held on... A warn out phrase in investing, but I am happy with what did make. I was told (1.5 years) $1400 would be the breaking point by a financial expert I know. I would be scared making a big move on gold, silver seems safer to me. How about the copper market?