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Spike In Pms

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Pillar of the Community
silvercoinrn's Avatar
United States
863 Posts
 Posted 04/11/2012  8:32 pm  Show Profile   Bookmark this reply Add silvercoinrn to your friends list Get a Link to this Reply
yea I think the upcoming election will raise prices in the fall. untill than I see prices dropping
Pillar of the Community
silvercoinrn's Avatar
United States
863 Posts
 Posted 04/12/2012  06:09 am  Show Profile   Bookmark this reply Add silvercoinrn to your friends list Get a Link to this Reply
a bunch of Feds are making speaches today. How do you think the PMS will react?
Pillar of the Community
Silverhawk74's Avatar
United States
3670 Posts
 Posted 04/12/2012  10:11 am  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
Just heard the WORST job numbers in three months hit the desks today, with more bad news to come, an not long after gold an silver start to spike again. Will be interesting to see if it is more erratic sideways movement, or a real beginning to a push up....
Edited by Silverhawk74
04/12/2012 10:52 am
Valued Member
wildspinx's Avatar
United States
196 Posts
 Posted 04/12/2012  10:25 am  Show Profile   Bookmark this reply Add wildspinx to your friends list Get a Link to this Reply
I was thinking the same thing hawk. Silver at least should see my opinion of $1.50 movement up or more.
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 04/12/2012  10:53 am  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
Silver is acting like it may wanna push over $32.50 again, lets see if it keeps this pace.....
Valued Member
silverdollar2011's Avatar
United States
385 Posts
 Posted 04/12/2012  2:56 pm  Show Profile   Bookmark this reply Add silverdollar2011 to your friends list Get a Link to this Reply
There's no better pair of words to describe the activity of silver prices as "cruise control" lol, I'm getting quite sick and tired of seeing prices being suppressed in the low 30s. Demand is high, prices aren't rising, why am I still here.
Copper is a way better investment to be honest, because silver is fairly new and most of the public don't know anything about it while copper has seen light in the media (ie. people stealing copper wires, price increases etc.).
It only take geniuses to "accumulate" profits from precious metals, I'd consider those who purchased large quantities back in the early 2000s to be those geniuses.

What are we doing? By purchasing silver, and putting all of our investments and cash into something that we call real money just simply helps push the price up. I'd say the cap has already been broken.

Now as to "using it for bartering", in tough times, most people would fail to recognize the value of physical silver, nor would they care about their prices, it's too expensive to use as wire for infrastructure.

I'm still attached to copper, it's not that volatile as silver and proves to be a great investment. Copper pennies of course :)
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silvercoinrn's Avatar
United States
863 Posts
 Posted 04/12/2012  3:48 pm  Show Profile   Bookmark this reply Add silvercoinrn to your friends list Get a Link to this Reply
silver will have its day. silver is needed in all of the "going green" type of technology. solar panels and lots of new batteries will have silver in them. once that starte to take off and more people have them in their homes silver will shoot up/
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Ed_B's Avatar
United States
4008 Posts
 Posted 04/12/2012  5:56 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
I'm getting quite sick and tired of seeing prices being suppressed in the low 30s.

Sellers often feel that way but buyers LOVE it. I would FAR rather be stacking at $35 than at $135!


Quote:
silver will have its day. silver is needed in all of the "going green" type of technology. solar panels and lots of new batteries will have silver in them.

Agreed. Silver is a must have item for high tech manufacturers and they have hundreds of billions, if not a few trillion, in their collective bank accounts. Silver quadrupling in price would not prevent them from using it to manufacture high tech toys, comm gear, and exotic weapons. All we really need to goose silver prices is a silver powered ray gun. The military would be ALL over it and the price would be irrelevant.
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