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Pillar of the Community
United States
1247 Posts |
IMO we may get a 70's flashback with Bernanke--The inflation/recession, inflation/recession two-step dance. Bernanke apparently doesn't like the prospects of deflation. And supposedly said he'll throw money out of a helicopter to prevent another Great Depression. Sounds like the white knight is talking backwards to me. If he throws money out of a helicopter to prevent a depression the bond markets would collapse and we'd have a depression. What else can Benny do other than accelerator/brakes accelerator/brakes all the time trying to convince those buying Treasury bonds that we're working on it, like, really really hard, for real this time, --so keep on buying. Just like in the 70's. If it happens that way there might be a lot of windows to buy and sell at a good profit; it might be the opportunity of lifetime. At least until Benny screws it all up. As someone in the late 70's said about the fed--- it's not like AJ Foyte is the driver.
"One pill makes you larger And one pill makes you small And the ones that mother gives you Don't do anything at all Go ask Alice When she's ten feet tall"
White Rabbit--Jefferson Airplane
Edited by longnine009 03/16/2006 06:06 am
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Valued Member
United States
458 Posts |
quote: Originally posted by CiScO
I have a ton of silver, but guess what I'm doing? CiScO
I'm holding on to my silver for the moment--I believe it will go even higher--Just like I'm holding on to my gold-- 
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Pillar Of The Community
3147 Posts |
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Pillar of the Community
United States
1247 Posts |
Thanks Crystalk. It's got to be the most discriptive song for our so-called economy, and the phony 5th (wave) that fuels the delusions.
"...When men on the chessboard Get up and tell you where to go And you've just had some kind of mushroom And your mind is moving low Go ask Alice I think she'll know..."
White Rabbit--Jefferson Airplane
Ode to our inspiring coinage: "Dead kings, many things I can't define." Incense and Peppermint--Strawberry Alarm Clock
Edited by longnine009 03/16/2006 5:40 pm
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Pillar Of The Community
3147 Posts |
Hey Longnine, Strawberry Alarm Clock was the first group I ever saw live! I can remember standing next to the stage in Indy waiting patiently for the song "Incense and Peppermint" and walking away after it was over! I believe the event was called the WIFE (radio station) Fun Festival and there was a lot going on! Had to keep moving to take it all in but wasn't going anywhere until they played that hit! Sadly NO COINS at this event!
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Valued Member
United States
79 Posts |
Silver is underpriced when compared with gold and platinum. If gold and silver were to return to their historic ratio of 16 to one ,you might make an argument for $35 oz silver ; or is gold overpriced? My crystal ball is hazy.
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Pillar of the Community
United States
1247 Posts |
I think the excitment right now with silver might have a lot to do with anticipation of silver ETF's--(Exchange Traded Funds).
Crystalk I saw something in the paper last year about Steppenwolf playing in some bar down here. And there's the Stone's with the most ticket sales last year. I also heard they played at the Superbowl half time this year. 'Tis truly strange times we live in.
Ode the Alan Greenspan:
"Remember what the dormouse said Feed your head, Feed your head Feed your head" White Rabbit--Jefferson Airplane
Edited by longnine009 03/17/2006 6:05 pm
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Pillar Of The Community
3147 Posts |
Look for the ailver to gold ratio to change and the move is under way. Many experts are saying silver will end in 2006 in the $15 to $20 range. Again, time will tell but in the mean time I wouldn't sell any silver! But, I am BUYING Eagles every week!
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Bedrock of the Community
 United States
14454 Posts |
one more question on this subject, where do you go to sell silver when you are ready to sell? I have never checked into selling any at all I have only bought and was just wondering where a person would go to sell the silver they have aquired. Thanks again in advance for any replies
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Rest in Peace
United States
2684 Posts |
Bryan, when you see something in your crystal ball, would you advise the rest of us? Guessing what the values of precious metals will be tomorrow, next month, or next year is like predicting what the weather will be like on 23 November 2365. If I HAD to guess, I'd say it will continue to go up for two more years as investors continue to be discouraged by bonds and the stock market, despite their recent gains. Alternatively, when the stock market crashes again in the near future, silver and gold might follow it.
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Bedrock of the Community
 United States
14454 Posts |
I wish I had a crystal ball with this information but mine has a crack in it that shows this information and I havent been able to get it to work right since it happened. I would like to know where people take their bullion to sell when they are ready though because I have never sold any and would like to know a good place to take it when I am ready. do you take it to pawn shops? coin dealers? or where?
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Valued Member
Australia
99 Posts |
not that my 2 cents is worth a lot, I wouldnt be selling precious metals at the moment. With Iran wanting to set up a new oil market in Euros rather than US dollars and the amount of US dollars held by China it might be a good time to keep hoarding as much silver as you can
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Pillar of the Community
United States
1327 Posts |
to answer you on where to sell, I know most of the coin dealer around me buy silver, they ussaly buy just a little under spot. but it also depend on what and how much you are selling. most the time if you can buy gold or silver at the coin shop they will buy it to. also round and bar do not have as high of a return as American Silver eagle. SO what I did a few month back was traded all my bars or round for ASE. But when you do go to sell look around at the coin shopin your area to find out what tehy are buying at most will tell you over the phone.
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Pillar Of The Community
3147 Posts |
When silver and gold makes an upward trend I would trust a coin shop for an honest opinion and sell. Also don't forget about the potential ebay holds when it comes to buying and selling. One other place to check into would be jewelry stores but make sure you shop around for the best prices on any given day. Remember you are the CEO of your silver! Good luck!
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Bedrock of the Community
 United States
14454 Posts |
Edited by Bryan1315 03/18/2006 1:04 pm
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