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Replies: 42 / Views: 1,687 |
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Pillar of the Community
United States
5849 Posts |
Looks like silver may be taking the lead in overnight trading, jumping up to $99 while gold is still at $4960.
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Bedrock of the Community
Australia
21786 Posts |
I only wish that the price crash comes soon. In the mean time, high silver prices have completely stuffed up my collecting of nice World silver coins at reasonable prices.  Over a period of about 40 years, I have built a nice collection of better condition World silver coins. but over the last 2 years or so, that part of my collection has stagnated, dominated by their currently high ASW value, compared to their honest numismatic value.
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Valued Member
Italy
284 Posts |
I vote silver today at $100! I'll probably sell at that point for a quick flip. It will be curious to see if once it reaches $100 it will crash hard or maintain steady. I suppose many might be waiting for that signal. What an interesting time we are witnessing!
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Moderator
 United States
188105 Posts |
Gold is near $5k, you say? Silver saying, "Hold my beer..." 
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Moderator
 United States
54280 Posts |
The nice thing about a silver coin is that it will ALWAYS be worth the amount of silver it contains.
Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here)
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Pillar of the Community
 United States
8743 Posts |
Quote:Gold is near $5k, you say? Silver saying, "Hold my beer..."   I'm going with silver. 
-makecents-
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Pillar of the Community
United States
5849 Posts |
Looks like silver won the race after all (according to APMEX, at least): 
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Pillar of the Community
United States
3323 Posts |
Quote: I vote silver today at $100! I'll probably sell at that point for a quick flip. How easy/hard is selling your silver in Italy? Difficult to sell 90/92.5 here in the States right now...
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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Valued Member
Italy
284 Posts |
Quote: How easy/hard is selling your silver in Italy? Selling physical at spot is impossible and even close to spot is extremely hard. Some weeks ago I sold some bullion and got close to 30% below spot. It's murder! In my previous comment I was talking about financial derivatives. ..and my order just closed, bought Monday and sold few minutes ago. Gonna eat an extra large pizza tonight for free  Well since I sold it will probably open at $150 on Monday! You are welcome 
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Pillar of the Community
United States
5849 Posts |
Better late than never, it looks like gold just hit $5000!
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Moderator
 United States
188105 Posts |
Silver for the win!  Kitco showing gold high at $4988.10, so not calling that one yet. 
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Bedrock of the Community
United States
36724 Posts |
Hasn't broken $5k yet, Kitco shows $4989.10 for the high today so far.
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Moderator
 United States
188105 Posts |
Yup. Meanwhile, that Gold-Silver ratio... 
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Bedrock of the Community
United States
36724 Posts |
GSR down in the 49:1 range now. Soon it will be time to swap silver for gold.
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Moderator
 United States
188105 Posts |
Quote: Soon it will be time to swap silver for gold. I will have to keep my silver, since it is still part of my collection. 
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Replies: 42 / Views: 1,687 |