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 Replies: 18 / Views: 4,020 |
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Valued Member
United States
374 Posts |
Is silver going back up again? In the past thirty days, its price has increased by two dollars, and it has me a little worried.
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Pillar of the Community
United States
6478 Posts |
We will not know until the future.
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Rest in Peace
United States
18456 Posts |
If I was able to predict that ,I would be a rich man.  |
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Pillar of the Community
United States
4333 Posts |
It has gone up. If you are that concerned, I will make a purchase.
Then, you'll know a smackdown's coming!
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Pillar of the Community
United States
932 Posts |
As you read this, it is the future of when I wrote this. Mind blow.
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Pillar of the Community
United States
1654 Posts |
No one knows. If anyone claims they know, treat them with suspicion.
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Pillar of the Community
United States
1812 Posts |
I have been holding my sisters late husbands Silver for the last few years in hopes the spot prices raise...
When speaking with her 2 days ago, she asked me if I could sell them for her at current spot price...
There is 10 @ 8 oz .999 Silver Rounds from the Washington Mint and 17 Silver Dollars, should be a total of 92.75 ounces...
If there is any interest, I will list them on CCF with photos...
My sister lives in Mass. & I live in New York...
I will check this thread for comments of interest and list requirements for safe sale, just not sure what catagory to list them in...
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Valued Member
Canada
312 Posts |
I'm wondering this too.....there's a 10 ounce bar I want to pull the trigger on and have been waiting for the normal big weekly dip thats been happening since at least this spring....about 2.5 weeks now and it's still going up.....hmmmmmm
Edited by Whitetail Junkie
10/17/2015 9:33 pm
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Pillar of the Community
United States
931 Posts |
The last time the ratio of silver to gold was at 74, Silver went up 420% in a big hurry. The average historical ratio is 16. For a LOT OF REASONS, I'm hoping it achieves its average again soon. Why is she in such a hurry to sell? Strong hands wait, weak hands sell. Most paper holders are weak hands. If she's holding physical she should think about trying a little patience, unless she's desperate. The silver dollars shouldn't be sold until someone checks them out. It's entirely possible that one of those silver dollars is worth more than 93 ounces. Are they silver dollars, as in Morgans or Peace dollars, or are the Silver Eagles? A Silver Eagle has the same Lady Liberty as on a Walking Liberty half dollar. If the dates are between 1878 and 1935 don't sell them until someone checks them out for You. Lots of people here would help value them without ripping her off. A gold and silver buyer would rip You off. That's why we're all here. To help each other. Edited by junior e
10/17/2015 11:32 pm
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Valued Member
Canada
312 Posts |
Great post Junior e.......I sense the good side of the force within you :)
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Pillar of the Community
United States
2661 Posts |
Just part of the ebb and flow of commodities trading. Nothing to see here, just move along...................Move along
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Pillar of the Community
United States
1812 Posts |
***junior e*** knows nothing about me or my Sister's current situation... Let's just say I have been in Numismatics for well over 40+ years & when I started advertising I was purchasing Gold & Silver Coins over 15 years ago, I was approached by a Detective requesting I remove my advertising or be subject to arrest due to NOT having a Precious Metals License on Display... Prior to receiving my Coin Business License that allowed me to purchase Gold & Silver, I had to pay for the luxury of being Fingerprinted at the Sheriff's Office & pass a Federal Background Check... When my Sister lost her husband, and I reviewed his holdings, the Morgan VAM experts here helped me ID some 45 Morgans (many in 63+ and about 7 cc's) that was certified by ANACS and I sold all 45 for $5,000 (knowing retail was well over said price, but was not willing to sell separately)... As for Quote:
"weak hands sell" --- Don't insult me... I made the first offer to my Brother (who purchased the 45 Morgans) and should he not be able to purchase the remaining silver in one lot, I will list it here.. |
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Pillar of the Community
United States
931 Posts |
I'm not insulting You, but if You sell when the price is low, You are a weak hand. Otherwise, You would wait. I have collected for 53 years. Do what You want. I could care less. Throw her money away.
If it was my Sister's silver, I would give ger $1500, the current market value, and then put her silver in my safe. If it goes up even 10 cents that another $930 in her pocket.. I would sell it when silver is higher, and I would surprise her with the extra money that was gained by waiting.
Silver has gone up $2 recently, so if You can't afford to spot her, at least You didn't sell in the basement. Good luck. I wish You well. Jesus Tap Dancin' Christ. I was trying to help.
Edited by junior e
10/20/2015 5:24 pm
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Valued Member
 United States
374 Posts |
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Valued Member
United States
374 Posts |
Wait; by looking at a 20 yrs price chart; my logic would suggest that silver is on the wane and a $1.00 dollar scare is nothing. In 2011, silver topped out at $47.25! And may I remind you that it was the height of that dern recession! So logic would suggest that since it was on a very steady $5.00 mark for about 13 years, we will see that day once again in maybe three years; maybe less.
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Pillar of the Community
United States
931 Posts |
Anything is possible with the crooks at the Comex, JP Morgan Chase, SpDR Gold "Trust". The whole thing is a shell game. We're still in a recession, and if they hadn't printed trillions of fake dollars out of thin air, the Dow would still be under 10,000, and if they computed unemployment in real life, " I don't get an Unemployment check anymore, so I no longet count as Unemployed. I don't have a job, and I don't get an Unemployment check. Now I'm on Welfare, and my family eats with food stamps and the food kitchen that the church so graciously provides. If You don't think that We're still in a recession, Your head is buried in the sand, and You believe everything that Obama says.
And when is the last time You heard Obama give a speech? Reagan used to talk to us every Saturday morning. Oblamma is doing just enough to earn his check, and he's already making plans to move into the mansion in Chicago that He didn't pay for. This country is halfway down the tubes, and there's no cap at the bottom.
Edited by junior e
10/20/2015 10:09 pm
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Replies: 18 / Views: 4,020 |
Posted 10/17/2015 8:20 pm
