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 Replies: 48 / Views: 7,152 |
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Pillar of the Community
United States
593 Posts |
$25 - probably before year end, but there are a lot of variables in play (sequester, North Korea, Cyprus, etc.).
I have several silver coins missing from my collection, so I am actively buying now that silver is camping below $30 again. I think the floor is north of $20, so I'm a buyer in the $25-$30 range and on-hold at $30+.
Edited by larsdog
03/29/2013 11:08 pm
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Bedrock of the Community
13014 Posts |
Quote:
I noticed EdB posting. He used to regularly post in this section and I don't see any posts recently. Does anyone know if he's ok?
I email with him from time to time, got one from him today actually so as far as I know hes doing fine thankfully |
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Valued Member
United States
200 Posts |
$25 seems possible given the current trend in silver prices. $40 seems much more farfetched than $25.
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Pillar of the Community
United States
593 Posts |
$40 is inevitable. It's been there twice before in my lifetime. It will get there again. BUT, will it dip below $25 first? I think the smart bet is on option two!
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Pillar of the Community
United States
2168 Posts |
Thanks Basebal21. I just thought it was odd that he hasn't been on the boards lately. If you talk again, give him my best!
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Pillar of the Community
United States
3789 Posts |
For sure, lower prices than 25 will come first. What the eyeballs should be on is what happens when it hits the yearly low... should it break that, chances are very high prices slide even lower.
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Pillar of the Community
United States
593 Posts |
Wow! That was quick! Silver just DOVE through $25 to $24.35 before rebounding to $24.61. The next question is how long until $40 again? 30 years like last time?
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Bedrock of the Community
13014 Posts |
Lol that certainly did answer that question rather quick. If it is 30 years just think of how ready everyone will be to cash in the next time
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Valued Member
 United States
344 Posts |
Down another $2.15 to $23.70 as I type this...Ouch!
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Pillar of the Community
United States
543 Posts |
Will this dramatic decline in silver affect some of the U.S Mint products such as the Silver Proof Set due out in a matter of weeks?
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Pillar of the Community
United States
613 Posts |
$23.59. Well, I guess we know which was the winner!
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Bedrock of the Community
13014 Posts |
[quoteWill this dramatic decline in silver affect some of the U.S Mint products such as the Silver Proof Set due out in a matter of weeks?][/quote]
Yes it should actually.
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Pillar of the Community
United States
593 Posts |
Silver seemed to go horizontal at $24, so the next question is:
"Which will silver hit first: $20 or $30?"
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Valued Member
United States
280 Posts |
I wish I knew. Make an effort to buy as much silver as I can while I have the opportunity and hope it increases, or wait and hope it goes lower (or at least stays the same)? Hard choice....
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Bedrock of the Community
13014 Posts |
Theres really no good answer to your question jl without a crystal ball. The best you can do is go off what you know and what we know is the price has been working down for a long time now.
A compromise between the two would just be dont buy anymore than you would be comfortable holding if silver returns to its 06 price.
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Replies: 48 / Views: 7,152 |
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Posted 03/29/2013 11:56 pm
