Thursday, December 30, 2010

Quick Silver Update

If you haven't bought any gold or silver lately, have a feeling a dip is coming.

Both silver/gold dealers I use were reporting that people were selling more than they were buying today. As I was speaking to one of them, a gal walked in and plunked two 100 oz. bars on the counter and walked out with 6100 bucks. Said she had paid 1200 bucks for them in 1987.

Once the shakeout occurs at this level, maybe a few weeks, expect prices to continue to rise. I am going to wait for some more dips. Just a thought.

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