Silver Breaks The $14 Mark

I've been watching the pricing on and off for that past month or two and it hasn't fluctuated more than a dollar, I think. I've also been watching some ebay auctions as well as looking at flea markets for junk silver but haven't purchased any yet. According to what amac44 says, this sounds like the worst time to try and buy and I should wait until after the holidays. At flea markets there is no chance (in my brief experience, yet) to purchase it under spot value. I tried to pick up a bunch of War Nickels but the guy wanted $1 each. I said no thanks as that's about $.25 more than they're each worth. I probably should have tried to haggle with him more but I doubt I could get him down to $.65-$.70 a piece. Any tips from you silver investors/experts on how I can find cheaper prices?

The last time I bought silver rounds or eagles spot was around 10 or 11 dollars. I don't plan on buying or selling anytime soon.

"I said this last year for Oct-Dec silver always makes a move up.the folk who big amount gold&silver in the porfillio sell when it run up and by January 2008 it will be back at $10-12.00 mark. but I hope I am wrong this year"

Yes, but the dollar was not so far deep in the toilet last year or the year before. Nor was there a credit crunch, mortgage collapse, or housing bust.

Not that I think we ill see $20.00 silver this year (though we might next year) I think this year's gains are far from over.

I'm holding out. I think once the world realizes what a financial genius Ben Bernanke really is commoditie prices will collapse and the stock market will go to 45,000 perhaps even by the end of this year. Just my humble opinion of course.

How about them Dolfins? Go 'fins go!

I don't think I'm going to buy anymore for now. I have a Franklin Mint set of proof medals that I'm thinking of selling, I wonder if I could get bullion for them?

Actually, I think silver has risen a couple of bucks in the last month or two, hasn't it?

I remember reading somewhere that China has a large cache of silver and that due to tax laws there it's not worth selling on the open market till around $14 an ounce so supposedly there is hesitation to drive prices higher as they would release more supply than demand into the market.

Not sure how true it was but it sounded reasonable

Nope the rocks are sitting in the transit case along with a whole pile of other stuff waiting for me to get home. If Silver gets to $15 I may have my wife open a few packages and cash in some silver. Don't feel bad I cashed in a roll of Gold Eagles just before I left I took it back to the same store I bought them from with the original Price Sticker of $5720 still on it the guy almost had tears in his eyes as he wrote me a check for $14760.....Still Gold has gone up since then and he will not loose on the deal.

Nope not $9000 profit but a 2008 Camry with no car note.