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 Replies: 16 / Views: 2,948 |
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Pillar of the Community
United States
655 Posts |
Anybody have a guess on this? Any special reasons to feel that way?
Of course, I love my silver coins and silver, in general, so I always think it's a good time to invest. And, historically, it does inch up, year to year. Right now, it's in a pretty good up mode but don't know if it'll last.
Actually, everything's been going up lately- gold, silver, oil, and stocks. Even heard copper and palladium were good investments. But, mainly, silver. Any opinions.
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Pillar of the Community
7234 Posts |
I saw a commercial today on TV with a guy peddling silver and he said it's going up to $200 an ounce by January - and I believe him! I also believe Big Time Wrestling is real!  |
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Pillar of the Community
 United States
655 Posts |
Well, the men are real, anyway.
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Valued Member
United States
142 Posts |
up, uP, UP! Dont listen to me. Thats just my opinion without getting into politics.
Wwf is real! Owen hart RIP!
Edited by Liquidsilver7
10/14/2017 3:35 pm
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New Member
United States
14 Posts |
I look at it like this; if the price of silver is low, I can add more to my collection for less money. If the price of silver is high, than the silver I own is worth more. So I try to see it as win-win.
Silver Ham
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Pillar of the Community
United States
2637 Posts |
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Price of silver up or down? Yes! Perhaps both! |
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Bedrock of the Community
United States
20753 Posts |
Be careful. I've heard a bunch of Alchemist are working on how to change Lead into Gold and Silver.   |
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Pillar of the Community
United States
1261 Posts |
Silver has been stuck in its current range for a while. It will go up or down a couple bucks but it hasn't pierced that range. Right now it's on the higher end of the range. It could a few bucks per ounce higher but if it does then something in the economy triggered it. I believe if nothing triggers it then it will likely go down from its current price and continue to stay in the aforementioned range.
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Bedrock of the Community
United States
17884 Posts |
Silver is going to go UP, and it is going to go down. The problem is no one knows when it is going to do either one or for how long.
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Pillar of the Community
Norway
1358 Posts |
Don't know about what makes you think silver's good right now. It was going down and I get it cheaper than a few months earlier. Might also be that the US dollar is slipping away against some European currencies. Maybe exactly that is what's driving up the prices in US dollar of all those metals?
Silver is always good to have, it might just take a bit more time to get your investment back if you use it to invest now, but it will never be valueless.
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Pillar of the Community
7234 Posts |
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I've heard a bunch of Alchemist are working on how to change Lead into Gold and Silver. I heard that Jethrow actually ciphered how to turn Gold into Lead until Jed erased it all from his blackboard!  Edited by Mark1959
10/14/2017 8:09 pm
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Pillar of the Community
United States
655 Posts |
Ha, ha. Good stuff. I try to laugh when I'm losing, too, lol.
I was real impressed that I bought a 10-oz silver bar just weeks ago and the buyback price is only about $2 short already. Wish my rare coins could do that. With all the commission charges, it's hard to turn a profit on coins in anything less than 5 years.
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Pillar of the Community
7234 Posts |
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I was real impressed that I bought a 10-oz silver bar just weeks ago and the buyback price is only about $2 short already. Wish my rare coins could do that. With all the commission charges, it's hard to turn a profit on coins in anything less than 5 years. Yes, but waiting that 5 year period only exists for high priced rare coins. I bought 10 oz silver bars years ago for $120 and sold them only because I needed the money for $160, big deal. The only way you make money in metals is when you are dealing with Millions of dollars buying and selling. First of all, when you purchase metals you have to have the price of it per ounce to go up enough to cover the cost of what you paid over spot, then that is just breaking even. Then when you get to the point of making money, then you have to pay all the selling fees. I don't see making money enough to live off of happening anytime soon for the common person. |
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Bedrock of the Community
United States
17884 Posts |
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I've heard a bunch of Alchemist are working on how to change Lead into Gold and Silver. They can actually turn lead into gold now, just isn't economically feasible. All it takes is a few hundred million dollars worth of particle accelerator, tens of thousands of dollars worth of electricy, some raw materials to accelerate and you can bombard a cents worth of lead for awhile and turn it into 1.5 cents worth of Lead and gold (plus a few other metals). Then of course you have the cost of separating the gold out, and some of the gold created will be radioactive, but you CAN do it. Link to the article. https://www.scientificamerican.com/...d-into-gold/Edited by Conder101
10/15/2017 1:13 pm
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Pillar of the Community
United States
655 Posts |
Mark Quote:
First of all, when you purchase metals you have to have the price of it per ounce to go up enough to cover the cost of what you paid over spot, then that is just breaking even. Then when you get to the point of making money, then you have to pay all the selling fees. I don't see making money enough to live off of happening anytime soon for the common person. Of course. Not really to make a living at, so much as where to put money that's being saved, such as retirement funds, or, even more temporary savings, like a vacation fund or college fund. Making $400 in 5 years isn't a big deal but it's better than losing $400 which is all too common on rare coins (at least for me). Then, too, if one puts in $10,000, the return would be much more significant. Maybe, I'm just trying to talk myself into it, lol. I wish they could strike some nicer designs or even sculptures in silver without adding much to the price. This way I'd enjoy my bullion a lot more. |
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Pillar of the Community
United States
655 Posts |
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Replies: 16 / Views: 2,948 |
Posted 10/14/2017 2:21 pm
