# Enough with the gold for the time being, jump back over to silver.

**URL:** <https://forum.nachi.org/t/enough-with-the-gold-for-the-time-being-jump-back-over-to-silver/61471>\
**Category:** Misc. Discussion\
**Created:** [August 3, 2011, 6:16am UTC](https://forum.nachi.org/t/enough-with-the-gold-for-the-time-being-jump-back-over-to-silver/61471 "2011-08-03T06:16:01Z")\
**Posts on this page:** 20\
**Page:** 1

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**Author:** ![gromicko](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/gromicko/32/58172_2.png) [@gromicko](https://forum.nachi.org/u/gromicko)\
**Post date:** [August 3, 2011, 6:16am UTC](https://forum.nachi.org/t/enough-with-the-gold-for-the-time-being-jump-back-over-to-silver/61471/1 "2011-08-03T06:16:01Z")

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Another silver wave coming soon.

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**Author:** ![dbowers](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/dbowers/32/59651_2.png) [@dbowers](https://forum.nachi.org/u/dbowers)\
**Post date:** [August 4, 2011, 4:56am UTC](https://forum.nachi.org/t/enough-with-the-gold-for-the-time-being-jump-back-over-to-silver/61471/2 "2011-08-04T04:56:16Z")

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Where do you Buy from?

Do you hold OR they?

Are you biuying bullion, coins OR ???

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**Author:** ![gromicko](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/gromicko/32/58172_2.png) [@gromicko](https://forum.nachi.org/u/gromicko)\
**Post date:** [August 4, 2011, 5:12am UTC](https://forum.nachi.org/t/enough-with-the-gold-for-the-time-being-jump-back-over-to-silver/61471/3 "2011-08-04T05:12:19Z")

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> [@](#):
>
> Where do you Buy from?

Coin show. Coin shop. Pawn shop. Craigslist. Anywhere.

> [@](#):
>
> Do you hold OR they?

C’mon. :roll:

> [@](#):
>
> Are you biuying bullion, coins OR ???

Bullion coins (buying for not much over spot). Nothing numismatic for me.

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**Author:** ![jmerritt1](https://avatars.discourse-cdn.com/v4/letter/j/e99b99/32.png) [@jmerritt1](https://forum.nachi.org/u/jmerritt1)\
**Post date:** [August 7, 2011, 1:44am UTC](https://forum.nachi.org/t/enough-with-the-gold-for-the-time-being-jump-back-over-to-silver/61471/4 "2011-08-07T01:44:06Z")

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And what is you prediction for silver, Oh great one!

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**Author:** ![gromicko](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/gromicko/32/58172_2.png) [@gromicko](https://forum.nachi.org/u/gromicko)\
**Post date:** [August 7, 2011, 4:42am UTC](https://forum.nachi.org/t/enough-with-the-gold-for-the-time-being-jump-back-over-to-silver/61471/5 "2011-08-07T04:42:11Z")

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$50 by Christmas, $145 by end of next year. It’s been flat for a while now, look for it to start climbing again next week as the dollar begins to drop like a stone beginning this coming Monday morning!

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**Author:** ![mlarson](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/mlarson/32/89225_2.png) [@mlarson](https://forum.nachi.org/u/mlarson)\
**Post date:** [August 7, 2011, 5:09pm UTC](https://forum.nachi.org/t/enough-with-the-gold-for-the-time-being-jump-back-over-to-silver/61471/6 "2011-08-07T17:09:48Z")

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Nick, if you bought silver when you recommended it recently, you lost your shorts. :roll:

$42 down to $38

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**Author:** ![rhensel](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/rhensel/32/283_2.png) [@rhensel](https://forum.nachi.org/u/rhensel)\
**Post date:** [August 7, 2011, 6:29pm UTC](https://forum.nachi.org/t/enough-with-the-gold-for-the-time-being-jump-back-over-to-silver/61471/7 "2011-08-07T18:29:59Z")

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> [@mlarson](#):
>
> Nick, if you bought silver when you recommended it recently, you lost your shorts. :roll:
> 
> $42 down to $38

I know…personally! But Nick is a smart guy and its a temporary loss ( I hope)! I did not plan on buying the silver and selling it the next day. But I bought and am down but do believe its going to go up. I don’t regret buying it, look pretty in my lock box.

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**Author:** ![dedwards](https://avatars.discourse-cdn.com/v4/letter/d/e95f7d/32.png) [@dedwards](https://forum.nachi.org/u/dedwards)\
**Post date:** [August 7, 2011, 9:52pm UTC](https://forum.nachi.org/t/enough-with-the-gold-for-the-time-being-jump-back-over-to-silver/61471/8 "2011-08-07T21:52:58Z")

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Think “long term”. You haven’t lost anything as long as you are holding on to your precious metals. Take a look at the long term trends; has been steadily rising for years. The only time you lose is if you sell when it is less than what you paid for it. So far we have done well sitting on it…like an egg.

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**Author:** ![mlarson](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/mlarson/32/89225_2.png) [@mlarson](https://forum.nachi.org/u/mlarson)\
**Post date:** [August 7, 2011, 10:30pm UTC](https://forum.nachi.org/t/enough-with-the-gold-for-the-time-being-jump-back-over-to-silver/61471/9 "2011-08-07T22:30:51Z")

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Gold popped tonight on the open Silver barely wiggled.

[kitco.com](http://kitco.com)

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**Author:** ![gromicko](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/gromicko/32/58172_2.png) [@gromicko](https://forum.nachi.org/u/gromicko)\
**Post date:** [August 8, 2011, 1:56am UTC](https://forum.nachi.org/t/enough-with-the-gold-for-the-time-being-jump-back-over-to-silver/61471/10 "2011-08-08T01:56:38Z")

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Keep sitting. Dollar going lower.

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**Author:** ![rhensel](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/rhensel/32/283_2.png) [@rhensel](https://forum.nachi.org/u/rhensel)\
**Post date:** [August 8, 2011, 2:03am UTC](https://forum.nachi.org/t/enough-with-the-gold-for-the-time-being-jump-back-over-to-silver/61471/11 "2011-08-08T02:03:40Z")

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I am not going anywhere

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**Author:** ![gromicko](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/gromicko/32/58172_2.png) [@gromicko](https://forum.nachi.org/u/gromicko)\
**Post date:** [August 8, 2011, 2:05am UTC](https://forum.nachi.org/t/enough-with-the-gold-for-the-time-being-jump-back-over-to-silver/61471/12 "2011-08-08T02:05:49Z")

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Silver has all the room to pop now. Gold probably has room, I just can’t be as certain as I am about silver.

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**Author:** ![gromicko](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/gromicko/32/58172_2.png) [@gromicko](https://forum.nachi.org/u/gromicko)\
**Post date:** [August 8, 2011, 2:14am UTC](https://forum.nachi.org/t/enough-with-the-gold-for-the-time-being-jump-back-over-to-silver/61471/13 "2011-08-08T02:14:16Z")

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> [@](#):
>
> Gold popped tonight on the open Silver barely wiggled.

Wrong. Silver went much more than gold did tonight.

Anyway, they’re both up.

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**Author:** ![mlarson](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/mlarson/32/89225_2.png) [@mlarson](https://forum.nachi.org/u/mlarson)\
**Post date:** [August 8, 2011, 2:29am UTC](https://forum.nachi.org/t/enough-with-the-gold-for-the-time-being-jump-back-over-to-silver/61471/14 "2011-08-08T02:29:50Z")

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> [@gromicko](#):
>
> Wrong. Silver went much more than gold did tonight.
> 
> Anyway, they’re both up.

Wrong

Not at the open which is all I said Nick:roll:

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**Author:** ![gromicko](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/gromicko/32/58172_2.png) [@gromicko](https://forum.nachi.org/u/gromicko)\
**Post date:** [August 8, 2011, 3:48am UTC](https://forum.nachi.org/t/enough-with-the-gold-for-the-time-being-jump-back-over-to-silver/61471/15 "2011-08-08T03:48:04Z")

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They’re both up. And the dollar nose dives starting tomorrow morning.

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**Author:** ![bsmith2](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/bsmith2/32/1329_2.png) [@bsmith2](https://forum.nachi.org/u/bsmith2)\
**Post date:** [August 8, 2011, 5:43am UTC](https://forum.nachi.org/t/enough-with-the-gold-for-the-time-being-jump-back-over-to-silver/61471/16 "2011-08-08T05:43:28Z")

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> [@gromicko](#):
>
> $50 by Christmas, $145 by end of next year. It’s been flat for a while now, look for it to start climbing again next week as the dollar begins to drop like a stone beginning this coming Monday morning!

was told by an insider it could hit $300.00

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**Author:** ![bsmith2](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/bsmith2/32/1329_2.png) [@bsmith2](https://forum.nachi.org/u/bsmith2)\
**Post date:** [August 8, 2011, 5:45am UTC](https://forum.nachi.org/t/enough-with-the-gold-for-the-time-being-jump-back-over-to-silver/61471/17 "2011-08-08T05:45:23Z")

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as of 10:44

gold up 46.40  
silver 1.84

source was kitco

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**Author:** ![belliott](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/belliott/32/57038_2.png) [@belliott](https://forum.nachi.org/u/belliott)\
**Post date:** [August 8, 2011, 12:33pm UTC](https://forum.nachi.org/t/enough-with-the-gold-for-the-time-being-jump-back-over-to-silver/61471/18 "2011-08-08T12:33:43Z")

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> **[Silver Thursday](https://en.wikipedia.org/wiki/Silver_Thursday)**
>
> Silver Thursday was an event that occurred in the United States in the silver commodity markets on Thursday, March 27, 1980, following the attempt by brothers Nelson Bunker Hunt, William Herbert and Lamar Hunt to corner the silver market. A subsequent steep fall in silver prices led to panic on commodity and futures exchanges.
> Nelson Bunker Hunt, Lamar Hunt, and William Herbert Hunt, the sons of Texas oil billionaire Haroldson Lafayette Hunt, Jr., had for some time been attempting to corner the ...

> **[Silver as an investment](https://en.wikipedia.org/wiki/Silver_as_an_investment)**
>
> Silver may be used as an investment like other precious metals. It has been regarded as a form of money and store of value for more than 4,000 years, although it has lost its role as a legal tender in all developed countries since the end of the silver standard. Some countries mint bullion and collector coins, however, such as the American Silver Eagle with nominal face values. In 2009, the main demand for silver was for industrial applications (40%), jewellery, bullion coins, and exchange-tr Mi...

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**Author:** ![gromicko](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/gromicko/32/58172_2.png) [@gromicko](https://forum.nachi.org/u/gromicko)\
**Post date:** [August 8, 2011, 2:36pm UTC](https://forum.nachi.org/t/enough-with-the-gold-for-the-time-being-jump-back-over-to-silver/61471/19 "2011-08-08T14:36:56Z")

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> [@](#):
>
> They’re both up. And the dollar nose dives starting tomorrow morning.

[http://www.forextv.com/forex-news-story/forex-dollar-falls-following-u-s-credit-downgrade](http://www.forextv.com/forex-news-story/forex-dollar-falls-following-u-s-credit-downgrade)

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**Author:** ![bsmith2](https://sea2.discourse-cdn.com/internachi/user_avatar/forum.nachi.org/bsmith2/32/1329_2.png) [@bsmith2](https://forum.nachi.org/u/bsmith2)\
**Post date:** [August 8, 2011, 8:37pm UTC](https://forum.nachi.org/t/enough-with-the-gold-for-the-time-being-jump-back-over-to-silver/61471/20 "2011-08-08T20:37:48Z")

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> [@gromicko](#):
>
> Another silver wave coming soon.

Brian,

I’ve been saying it for a while now.

It’s going to get even worse. Right now the American economy is in a panic, and the European markets are next.

While this is happening, GOLD is up $61 today. Coincidence?

The sleeper in all this is silver. Silver is traditionally valued much higher. Based on the past ratio to Gold, silver COULD have a nice pop coming up…when it finally catches up.

Its a comin…

[Next page](https://forum.nachi.org/t/enough-with-the-gold-for-the-time-being-jump-back-over-to-silver/61471.md?page=2)
