Skip to main content

"It's Probably Time to Buy Silver", Revisited.


About two weeks ago (July 30th), I posted the blog post which can be seen at the link below:

http://odracirys.blogspot.com/2013/07/its-probably-time-to-buy-silver.html

I said that it was probably the perfect time to buy silver.  It seems to be coming off its lows, and there's a lot of upside potential.  Also, I believe that the stock market will crash soon (probably this year, maybe next year).

On July 30th, the price of silver was $19.75.

Today (August 15th, 2013), the price stands at $22.06.

That's more than an 11% gain in two weeks.

In other words, if you'd invested $1,000 in silver then, you'd have gained more than $100 by now.

Here's the good news.  I foresee silver going up into the 30s by late this year or early next year.  And I think that in a few years, silver will be up past $40, $50, you name it.  The thing is, when there is inflation (as there will be), then the prices of most commodities make higher highs, including silver.  But I believe that silver is special because people recognize it as a way to invest money.

Anyway, that's all for now.  Don't sue me if you buy and the price goes down.  I'm almost sure that it won't happen (substantially, though in the short term, it could go down a little bit).  I believe that the trend for the rest of this year will be up.

But don't invest just based on this.  Do your own research.

Comments

Popular posts from this blog

The Islamic State has beheaded at least 21 Christians in Libya.

Whenever a Muslim brings up the Crusades, I have to laugh to myself.  Christians have done horrible things, including in later crusades against Constantinople and the Cathars in particular.  However, get this.  The Islamic State militants said, "Safety for you crusaders is something you can only wish for" right before butchering Egyptian Christians. It seems that many Muslims haven't taken a single history class.  If they had, they would have known that Christians existed in Egypt for 400 years before Islam.  (Heck, they were even around to murder Hypatia, perhaps the last major ancient female philosopher.)  It was the Muslims who were the "Crusaders"...yet almost nobody will admit to this.  Muslims instigated a merciless war against Christian Egyptians until they were overcome and under Islamic domination.  They did this to people across the world, from Spain to India...massacring any who resisted.  They tried to destroy the Byzaintine Em...
Sokal-style hoaxes work for religious postmodernists, but (post) modernism is the real hoax Modernism in art and architecture, and postmodernism in philosophy are, like religion, insults to human intelligence.  Unfortunately, many people fall for their hollow propaganda. The "Sokal Affair" was a hoax whereby a man called Alan Sokal submitted a postmodern-sounding article to a postmodern journal.  It turns out that the English you hear isn't just unintelligible to you, but it's unintelligible to the people at the journal as well.  But if it's unintelligible, it must be profound, right?  The journal quickly accepted it, not knowing that it was all fake B.S.  They then got embarrassed when they were told that it was pompous-sounding drivel. Religion has done the same thing.  When people can't understand something, they generally think it's much more profound than if they can understand it.  If a priest speaks Latin, wears some weird costume, and sp...

In Defense of...Cecil Rhodes?!

You all know Cecil Rhodes, right?  He was a British Imperialist (living from 1853-1902) who founded the De Beers diamond mining and trading company.  Just this morning, I came upon a post comparing him to Adolf Hitler, and claiming that Cecil Rhodes killed at least 60 million Africans.  It has been shared 99 times.  Here is the post: https://plus.google.com/+TonyJefferson/posts/CZ6HW3AxDo6 Unlike many, I decided to do some research on it.  That is my nature.  I don't accept things without evidence given, and even when no evidence is provided, I search for evidence.  If after looking, no evidence is forthcoming, then I discount the claim unless compelling evidence does surface.  After my research on this topic (taking up about an hour of my day and 28 open tabs on my browser...but still an enjoyable time because this is what I like to do), I found that my initial skepticism was well justified and that this comparison is incorrect.  Adolph H...