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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?


To: CuriousGeorge who wrote (235)12/10/1997 4:35:00 PM
From: Tommaso  Read Replies (1) | Respond to of 8010
 
Anyone who is doing well with silver futures should resist the temptation to pyramid. You can get completely wiped out on a minor pullback.

Just hold your winning position.

As for me, I am going the slower route of full-paid shares of PAASF. Someone on this thread, I think it was, provided an estimate that the stock could go up $5 or more for every dollar silver goes up.

If I were so fortunate as to have made "a fortune" I hope I would take my profits and put them into an unleveraged position in PAASF. But when you get excited it's hard to do sensible things, and I probably wouldn't follow my own advice.



To: CuriousGeorge who wrote (235)12/10/1997 7:13:00 PM
From: scotty  Read Replies (2) | Respond to of 8010
 
It's alive,it's alive,hope silver goes straight up due to panic buying.Knowing when to sell will be the difficult part.I might sell when this thread comes alive. Regards



To: CuriousGeorge who wrote (235)12/15/1997 9:14:00 AM
From: scotty  Read Replies (1) | Respond to of 8010
 
CuriousGeorge,just received 20 MS63 morgans,paid $450 for the lot.Coins are in excellent shape with good eye appeal.I can remember when junk Morgans went for $25,now nice coins are reasonably priced.