What Happened To ‘Buy Silver’?

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Sir,

I listened to your “Buy Silver” — so, I went and bought a lot silver bullion and look what’s happened! $23.36 on 4/16/13!! I’ve taken a huge loss! I hope you took you own advice and lost your ass too!

W. Trask

Dear W. Trask,

You have not “lost” anything unless you panic and sell now. You demonstrate you don’t understand the reasons for holding real money. The criminal banksters have purposely driven down the price by selling paper gold and silver in order to drive people like you out of the market and prop up their corrupt fiat system. There will be many who would love to take it off your hands at that price. If you will be patient you will see great rewards. Go here to see what I mean.

Best wishes,
Bob

Personal Liberty

Bob Livingston

founder of Personal Liberty Digest™, is an ultra-conservative American author and editor of The Bob Livingston Letter™, in circulation since 1969. Bob has devoted much of his life to research and the quest for truth on a variety of subjects. Bob specializes in health issues such as nutritional supplements and alternatives to drugs, as well as issues of privacy (both personal and financial), asset protection and the preservation of freedom.

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  • MNIce

    Part of Warren Buffet’s strategy is to buy when everybody else is selling. (This applies to something which always has a market, but not necessarily to an individual stock.) There is always a market for silver – it has too many uses to become worthless. The only question is which way silver goes from here.

    Given that some establishment voices are hinting at the “d” word (deflation), it seems likely that soon we will see more inflationary action by the central banks, even though such has consistently failed to stimulate the economy. One valuable use of silver or other precious commodities is as a hedge against inflation. Somebody is gimmicking the market to drive down gold and silver prices, probably by manipulating paper such as futures contracts. It reminds me a bit of the Hunt brothers’ attempt to corner the silver market back in the 1970s. By scaring everybody else out, whoever is behind this hopes to buy large amounts of physical silver on the cheap.

  • CommonSense4America

    Been there, done that with the Hunt brothers. Lost my arse.

    • Mike Austin

      Cuz you sold when you panicked. you bad, not theirs.

  • http://www.facebook.com/ross.paulus Ross Paulus

    Many years ago, purchased silver stock through my work, at that time about $12.00 a share .
    Accumulated a bit until the Hunt Brothers tried to corner the silver market. I so;d out at $50.00 made a nice bundle.
    I have always been a silver fan, as my Dad worked in the Silver Valley of North Idaho for over 30 years
    This is good time to buy Hecla.

  • dan

    The problem with Bob’s advise (and he needs to take some responsibility
    if he said what the writer said without clarification) is the same as poor
    advise i gave 30 years ago the same way – he failed to show the buyer
    how to buy low and sell high or to buy all the time which results in averaging
    the cost of the silver – it is fundamentally bad to say buy all the silver you
    can now type of talk unless you are talking to people who know silver
    (or any other commodity) and how it works – bad advise bob if you

    so advised – bad – yes, if he waits it out, but remember waiting it out adds
    inflation so the gains that do come are not really gains as they appear – bad
    advise if so advised – dan

  • Peter Barney

    What fools bought into Silver? Gold is better investment! Better yet, Tungsten is more valuable!

    • Mike Austin

      Really. We can argue that in ~5 yrs. We will both be smiling.

  • JustMe

    I bought my silver back in 1992 – 94. The melt price was about $4/oz. I REALLY chaffed to pay almost $6/oz. That $2/oz charge seems small now.

    Just keep holding on to your real money.

  • gman

    you only lose if you sell it now during the bankers made price decline. When the dollar is worth .10 your silver will be worth much more. People told me silver was not a wise buy as it fluctuates so badly. That was when it was $7.00 oz..

  • crusader2010

    I bought silver a few years ago. When the price went down I melted a lot of the bullion and cast .58 cal bullets as charms as protection from werewolves, I’ve made 3 times the original cost. Hey! it’s about the market.

  • Bobby

    Gee W. don’t have to be rude about it. I didn’t read any comments, but if you haven’t been told, that was a rude way of putting it! At these prices ( it’s called a dip) may I suggest you buy with both hands and feet and lay low, your time will come. Stay coo.