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Gold And Silver

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Author Previous TopicReplies: 4 / Views: 1,035Next Topic  
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daviscfad's Avatar
United States
4541 Posts
 Posted 03/08/2009  11:44 pm Show Profile   Bookmark this topic Add daviscfad to your friends list Get a Link to this Message Number of Subscribers
I was looking at some purchase receipts on some things I had and gold has sure jumped in the last couple of years. I bought a 1996 1/10 ounce gold proof for 78 bucks 2 years ago. now I see they are selling for 150. I wish I had bought more I also remember before I knew a lot about coins a guy @ the swap shop in South Florida selling rolls of walkers for 60 bucks a roll. Things have really gone up since then. Do you guys think that junk silver is selling as high as it is b.c of the economy? I mean people are swallowing it up but a couple of years ago you could buy it all day long at cheaper prices
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Chump_Change's Avatar
United States
618 Posts
 Posted 03/09/2009  01:57 am  Show Profile   Bookmark this reply Add Chump_Change to your friends list Get a Link to this Reply
I think people are getting prepared for the worse. If it happens things are going ot get ugly
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Hollywood's Avatar
United States
1228 Posts
 Posted 03/09/2009  02:13 am  Show Profile   Bookmark this reply Add Hollywood to your friends list Get a Link to this Reply
Heres an interesting artical on Gold http://www.newsweek.com/id/188138 some people are predicting $2300 an .oz but I wouldnt put all my eggs in one basket though imho
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eaglefoot's Avatar
United States
6326 Posts
 Posted 03/09/2009  09:50 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
Hmmmmm.......wonder what my Proof Gold Buffalos and Proof Gold Eagles would bring if gold spot price hits that much ?.........and would I be tempted to sell em' ...............
Bedrock of the Community
United States
20753 Posts
 Posted 03/09/2009  6:45 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Here is an interesting thing about Gold prices. Way, way back in the late 60's and early 70's I decided to start purchasing Gold Charms for a young lady. One for each special occation. They were expensive at the time but I thought it was an investment. Gold at the time was $35/ounce. We married and when our son was born in the early 70's, the charm for that was way over $100 and only had one ounce of Gold in it.
One small thing to remember though is when you give something to a woman it is considered GONE.
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