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

Post a Comment

Popular posts from this blog

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...
3 comments
Read more

The Dark Side of the Women's March

The recent Women's March, which took place in Washington and numerous other cities one day after the inauguration of President Trump, may go down as the largest protest in American history. Millions showed up to these events to advocate for women's issues and to protest against Donald Trump. While very few would find fault in a women's march in and of itself, upon inspecting this women's march further, some disturbing information comes to light. The Women's March was thankfully quite peaceful, unlike Inauguration Day when the group Antifa (the "anti-fascists"), although stymied by the police, were ironically able to carry out their own mini "Kristallnacht" (or rather, "Kristalltag"), smashing windows and setting fires in broad daylight. The Women's March appears to have been non-violent and there were apparently no arrests. However, problems start to manifest themselves when we look at the people who set up and spoke at th...
1 comment
Read more

The Sixth Great Mass Extinction and Human Survival

Recently, there have been numerous articles about a study showing that we are in the midst of the Earth's sixth great mass extinction.  Below are some quotes, and then I will give my thoughts. "Miami (AFP) - The world is embarking on its sixth mass extinction with animals disappearing about 100 times faster than they used to, scientists warned Friday, and humans could be among the first victims." "Not since the age of the dinosaurs ended 66 million years ago has the planet been losing species at this rapid a rate, said a study led by experts at Stanford University, Princeton University and the University of California, Berkeley." "The study "shows without any significant doubt that we are now entering the sixth great mass extinction event," said co-author Paul Ehrlich, a Stanford University professor of biology." http://news.yahoo.com/sixth-mass-extinction-us-study-210749359.html This is sad, although it's not news.  I ...
1 comment
Read more