[silentknight]

Yawn

YES - the time to buy was when it was CHEAP. People who say “NOW IS THE TIME TO BUY” - normally that means it is time to sell.

Quote “During that period the stock market has fallen on average 20% annually. The concentrated central bank selling of gold since 1988 has been staggering, but there were many willing buyers and during that period gold rose from $260 to $1,550 and silver from $3.50 to $50.00. “

Yay for those who bought when gold and silver were low. NOW is not the time to buy. Even if it goes up a little bit - we are at historical highs. Since WHEN do people suggest buying at historical highs?

Most people missed the train :)

Time to sell.

[Atlas Sneezed]

NOW is not the time to buy. Even if it goes up a little bit - we are at historical highs.

---

I disagree, in that anyone with savings might be wise to put them into precious metals, some each month, and not worry about highs and lows.

And regarding silver, it is about 1/3 off the recent peak. That is a great buy indicator. In the past 10-year bull market, silver had about 2 corrections of more than 10%. And this current correct (NOW!) is about tied for 2nd as a great buying opportunity in 10 years.

Your choices are:
1. Wait until metal goes way back down to where ti was a few years ago, (which is a pipe dream, so you will never buy).
2. Don’t bother buying.
3. Buy now with all you got.
4. Buy some now, and reserve funds for periodic buys in the 6-12 months ahead.

I suggest #4.

[Iron Munro]

Since WHEN do people suggest buying at historical highs?

Only when they're in a position to make a gain of some sort.