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 Replies: 39 / Views: 3,778 |
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Pillar of the Community
United States
2168 Posts |
Yes I know. I have to get a scale. I have done some half roll searching and have found 5 90 percent and 14 90 percents which is silver at face! An I mention this is that at times looking at a open roll and a coin looking silver only to see it's coated and not. I don't think quarters have as many decorations on them or coatings but that is what I feared. Well my NP proofs are still in the cases. I did get a few 2010 since they wwre cheaper than 2011
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Valued Member
United States
197 Posts |
Silver broke major support at around $30. I don't expect it to bottom out until it falls beneath $24, maybe $23. My guess is that it will end the year between 27 and 28.
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Pillar of the Community
 United States
4008 Posts |
Quote:
Well my NP proofs are still in the cases. I did get a few 2010 since they wwre cheaper than 2011 Yes, those are gorgeous... and HUGE! I still find it funny that a silver coin this size is a "quarter". Shouldn't it be a $5 silver piece or some such? It's MUCH bigger than an ASE. Oh, well. No use trying to apply sense to this situation, I suppose. :-/ |
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Pillar of the Community
United States
2168 Posts |
I actually have a few of the 5 oz 'quarters' but I purchased some of the 5 actual quarter silver proof sets as well when the 39.99 mint price was at par with what junk 90 percent was going for in the spring (just the day before the mint took them off due to silver being high. Figured instead of paying high for junk I would get something with numismatic value as well
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Valued Member
United States
230 Posts |
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Pillar of the Community
United States
1554 Posts |
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Pillar of the Community
United States
4008 Posts |
Quote:
...I purchased some of the 5 actual quarter silver proof sets... Oh, OK, I understand now. The proof sets look nice but are just not my thing. More power to anyone who does, though. If we all liked the same things, we would not have much variety and things would probably cost more.  |
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Pillar of the Community
United States
3670 Posts |
Right now all nine of the 27-28 votes are looking good, but much could change in the last day or so of market activity.... I gotta say, the first 6 months I got into Pm's, I did not have a clue on how to guess that line and made some ridiculous predictions. This is classic, as I recall I had silver to be around 68 dollars an oz. by years end in one poll way back in early spring or so, rof  . If these jack wagons running the government don't clean up their acts fast and see the error in their ways, we may just see that come to fruition by the end of 2012.... But last 6 months I have had my finger on the pulse some what, thanks to getting a better understanding of the markets history, via all you guys that have put in the trial and error over the last 30 to 40 years, thanks by the way much appreciated by me, and that is dead SERIOUS, something I rarely am, lol... |
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Pillar of the Community
United States
667 Posts |
How about $28.26 give or take 50 cents.  |
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Pillar of the Community
United States
4008 Posts |
Lol, MK! Something tells me that the fix is in as we draw closer to the end of PM trading in 2011. Quote:
This is classic, as I recall I had silver to be around 68 dollars an oz. by years end in one poll way back in early spring or so, rof That's right, Hawk, I remember that as well. The term "irrational exuberance" occurred to me at the time but, as we all know, anything and everything can happen in the PM marketplace, so you could have been right. OK, so not that time but perhaps in 2012? We'll see. |
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Pillar of the Community
United States
1554 Posts |
Boy, I was way off, I thought Silver would make a better years end showing. I think I figured around $31.34...Oh well, Tomorrow's (next year) another day!
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Bedrock of the Community
Canada
10743 Posts |
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Tomorrow's (next year) another day!  |
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Pillar of the Community
United States
667 Posts |
Lets see, $28.26 less .48 cents = $27.78. That must make me an expert.  Ok so I really was off by 4 or 5 dollars. However I am still waiting for that $24 dollar silver, now who was that guy? Did I say I ordered more MAPLES.  |
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Valued Member
United States
197 Posts |
I guessed 27-28. Do I win a prize? Seriously, this is a good time to be dollar-cost-averaging in, and that is exactly what I intend to do. Long-term, silver's prospects are quite bright, but I expect volatility and lower prices in the short term.
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Pillar of the Community
United States
4008 Posts |
Quote:That must make me an expert. It must, MK. If not, I will vote for you as CCF's silver pricing expert.  Actually, quite a few of us voted for the $26-28 range in the closing silver price for 2011. I checked out a few web sites and all showed silver closing out 2011 at just under $28 an oz. Good job for all who came close to this price. Quote:
I guessed 27-28. Do I win a prize? Only the fame that those who joined with you in this price range can collect.  Quote:
Seriously, this is a good time to be dollar-cost-averaging in, and that is exactly what I intend to do. Long-term, silver's prospects are quite bright, but I expect volatility and lower prices in the short term. Indeed so. I agree completely with this and am doing the same. The recent couple of weeks are a prime example of why one should never invest short-term money in PMs or borrow money to buy PMs. They can bite us in the short term for sure. If we can ride out times such as these, the longer term is likely to be very bright for PM owners. |
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Posted 12/22/2011 8:54 pm
