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Aug 15, 2008, 12:04 AM
#1

Seeker of lost treasure's
Silver and Gold will reach a new high.
I see this as a rear opportunity for anyone that can afford to invest
in silver, or gold at this time.
I'm not saying the following as a political statement.
But, I think silver and gold will reach a new high after the presidential election.
Investors look for a future key event to drive the precious metals market up or down.
This is what I believe is going to do it.
This is a time for the average person to make as large of an investment as they can afford.
It's a short term investment, with very little chance of losing money on.
Whether you agree, or disagree with me. I would like to know your opinion on this.
Roadquest
Sometime's there's not a right way, or a wrong way.
Sometime's there's only one way.
Where there is no economy, people will create one.
No one rule fit's all
'' 17 Tons of Gold in New Mexico " Thread started in 2005.
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Aug 15, 2008 12:04 AM
# ADS
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Aug 15, 2008, 12:06 AM
#2
Re: Silver and Gold will reach a new high.
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Aug 15, 2008, 01:14 PM
#3

Silvaaaaa hunter!
Re: Silver and Gold will reach a new high.
I also believe that it will reach a new high relatively soon, but I can't say that the presidential election will cause it. PMs are extremely volatile and unpredictive at the moment...
I mean, who knows what caused this new recent low? So who is to say what will make it go up?
Just my thoughts.
~Dave
Nickels needed to complete the 1938 - 1961 book (3 total): 1939-D, 1943-D, 1950-D
Nickels needed to complete the 1962 - 1995 book: NONE! Book Complete!
Nickels needed to complete the 1996-2008+ book: NONE! Book Complete! (Through 2008)
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Aug 15, 2008, 01:16 PM
#4
Re: Silver and Gold will reach a new high.
With all the instability in the world, there are any number of events that could make gold and silver take off. I fear a confrontation with Iran is gonna happen at some point within 12 months. If that happens, oil and PMs will be much higher.
Even without the above taking place, inflation is here and gonna get worse with all the fed liquidity that is being created. Once all those dollars are created, there is no taking them back. M3 is not published anymore by the fed, but I imagine the number is pretty high.
Other countries are also creating tons of liquidity in their local currency. At some point those groups/institutions with lots of fiat are gonna want something real to put their money into, like buying up our real estate at low prices, gold and silver.
Jim