Silver Prices

Where in the world wide web did you read that?

This is true, Very True Silver will hit $30 and even more, There are articles and Analysts of Silver And Gold, talking about the possibility of a new big jump for Silver, Gold could reach $1000 plus or even $2000 but I wouldn't buy gold now its way to risky at this critical time. By the way I my self is a silver investor, now going into my 6th year of investing in silver only, Silver is still very cheep for its price. I will not go on from here but I will post a link to a number of articles and Analysts of Silver Metal.

The number one Silver Analysts THEODORE TED BUTLER
http://www.butlerresearch.com/archive_free.html

TED BUTLER'S ARCHIVES
http://www.investmentrarities.com/01-07-08.html

http://www.investmentrarities.com/

I amazed at silver prices also. Thats reason I why I stoped searching nickels, dimes, quarters, pennys for coins. I am doing half dollar boxs intill I get burn out to pull all the silver coins I can get at face value.

I hope can use my 1965 thru 1969 40% silver coins and 64 halfs to use trader material to get full rolls of 1932 thru 1964 quarters, Mercury dimes, rolls of walker halfs, frankins halfs to save to build sets later. Becides paying those super high prices on junk silver rolls at 16 bucks or more ounce if silver keeps going up.

The main problem I see if silver prices go up . Large companys will melting down what is lefht on junk silver coins like Mercury dimes, pre 64 quarters, walker half, frankins or Barber coins. There will not be any lefht for collectors to build sets like me.

They claim in 1979 or 1980 collectors lost millions of pre 1964 coins to companys melting them. They claim if prices stayed up the intire production of all old silver coins would have been melted. In those days they were melting bu rolls of quarters like 1936s, 1932d, 1932s no problem if they worth more dead than alive. They claim very few pre 1964 coins escaped the great melts of those days.

If prices go up and up there will no old coins to collect or build sets out them anymore becides that worthless 1965 thru 2007 clad junk. There are already dealers out there selling there stock on pre 64 coins to refining companys in 2007. Its sad but true.

Chevrolet454ss

I don't see why coins should be melted as they are part of history. Although recent silver were made into the millions and billions, they are still part of history. Even a junk 1905 quarter has seen its days, but should be kept out of the melting pot. I guess one reason why junk silver coins are melted because some investors like to have a bar with silver only and don't have to sort the coins by weight and percentage of silver.

How easy we forget. Silver was sky rocketing not long ago, then crashed. Same with Gold. May not happen again but what goes up, comes down. I predict Silver, Gold, Platinum will all crash downward soon.

Silver is a commodity. As with any commodity, its value reflects some balance between anticipated supply and demand. Silver has many industrial uses, as well as being a key metal in the jewelry business. As more and more people in China and India become increasingly prosperous in their burgeoning free-market economies, there should be definite upward pressure on the price of commodities such as silver (and gold, and platinum).

However, the history of speculating in precious metals has been one replete with many, many examples of people who lost their proverbial shorts. As they say...the easiest way to make a million speculating in the markets is to start with two million and just keep trading until you have one million left! LOL

The other possible source of pressure on precious metals is the currently weak dollar. If the dollar weakens further, you can expect commodity prices (ranging from coffee beans to pork bellies, from gold to oil) to respond by moving upward. The current surge in gold prices, however, seems more speculative in nature, and not directly linked to increased demand, decreased supply, or weaker dollar. It is likely a bubble. You might make a fortune, or lose one, dabbling in these markets.

Best wishes.

nothing indicates the dollar will go up at all for a long time. The Fed is already talking about dropping rates AGAIN. This market is going to be rough for a long time IMO.

IMO, Helicopter Ben would have to drop the stuff from bales in a B-52 in order for silver to rise to $80 by the end of the year.

But $80 over the next ten years sounds feasible to me.

I'm not convinced either, that debasement can go on forever. The United States is suppose to be a world power. It's going to get tougher and tougher to project that image when we act like Peron's Argentina.