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Silver’s run up is nuts. I sold all my physical silver back in 2015 when it was cheap, about 70 pounds worth mostly in the form of 100oz bars. Looks like bad timing however I put the money from it into GOOG so didn’t work out too bad. Wish I had kept one of those bars though.
Hah, how many times did I walk past silver in Costco at $30-odd per oz, sagely deciding it was a poor buy in my infinite wisdom. That said, I did buy some down around that price. Feeling good about them. I have a few 10 oz bars that are cool, also bought at a good time. I'm sure it will tank and my gloating will be for nought. Meh, it's all fun.
Metals getting slammed today, it was bound to happen eventually. I still think this year will be inflationary and war-driven (Iran, Cuba), so this might be a good buying opportunity for those still on the sidelines.
Metals investors are psychos. Silver will be back down to 40-50s in no time. Don't be the odd-lot idiot buying at the top tick, that's just embarrassing!
I started buying gold in the low 3ks so.... it needs to drop a lot more before im upside down. Regardless for me its a hedge on dollarydos going zimbabwae.
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