Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Royal Estate Auctions - $1 Coin AuctionsCoin, Banknote and Medal Collectors's Online Mall Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Specializing in Modern Numismatics 300,000 items to help build your collection! Vancouvers #1 Coin and Paper Money Dealer Join Thousands of Coin, Bullion, & Money Collectors








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Silver Is Tanking Today...

To participate in the forum you must log in or register.
Author Previous TopicReplies: 48 / Views: 4,148Next Topic
Page: of 4
Pillar of the Community
livingdinasaur's Avatar
United States
1571 Posts
 Posted 08/19/2007  6:02 pm  Show Profile   Bookmark this reply Add livingdinasaur to your friends list Get a Link to this Reply
Greyhav, I must agree with you mostly. Having worked in the mining industry, off, and on fior several years, (since 1940), I agree that silver and gold are a "by-product" of the copper mining. In Arizona, and other areas, the low-grade mining of copper does produce both gold, and silver. ASARCO mentioned, several years ago that they got over $52,000. in silver from the.004% copper mining. They did NOT mention how much gold was recovered!. Nor did they say how much "moly" was recovered, but I know from personal observation that they shipped box-car loads in 55-gal drums, ( about 950 lbs each) about 10-15 cars a month. I don't recall how many drums to a box-car. This was in '45-'46, when copper was $0.019/ lb. Millwrights got $3.95/hour.
Dick
Pillar of the Community
Bonedigger's Avatar
United States
1267 Posts
 Posted 08/19/2007  6:23 pm  Show Profile   Bookmark this reply Add Bonedigger to your friends list Get a Link to this Reply
I bought a bunch (for me) back when silver was in the $6-$7 range and still have it. Personally, I'm holding until it gets in the $30 range, LOL

Ben
Edited by Bonedigger
08/19/2007 6:25 pm
Bedrock of the Community
BadThad's Avatar
United States
19997 Posts
 Posted 08/21/2007  1:24 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
I almost bought a bunch of silver today, but I think it's going to continue to slide down. A lot of big investors are unloading it to cover margins related to the sub-prime lending issue. I'm looking for $10/oz, then I'm going in big.
Lincoln Cent Lover!
VERDI-CARE™ INVENTOR
https://verdi.care/
  Previous TopicReplies: 48 / Views: 4,148Next Topic
Page: of 4

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.18 seconds to rattle this change. Forums