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Silver And Gold Today

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Valued Member

United States
67 Posts
 Posted 08/11/2008  1:47 pm Show Profile   Bookmark this topic Add puman to your friends list Get a Link to this Message Number of Subscribers
Is anyone else watching the spot price? It might be a good week to pick up some bullion.
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eaglefoot's Avatar
United States
6326 Posts
 Posted 08/11/2008  2:17 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
ahhhhhh........the roller coaster ride continues !....
Valued Member
Pennypusher's Avatar
United States
486 Posts
 Posted 08/11/2008  2:24 pm  Show Profile   Bookmark this reply Add Pennypusher to your friends list Get a Link to this Reply
Gas has been dropping as well therefore I'm still waiting. -PP
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ratio411's Avatar
United States
1208 Posts
 Posted 08/11/2008  3:00 pm  Show Profile   Bookmark this reply Add ratio411 to your friends list Get a Link to this Reply
It'll go lower before it goes back up.
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KurtS's Avatar
United States
5318 Posts
 Posted 08/11/2008  3:13 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
I watch those every day...they have been bouncing around, but today is a bit of a bump...it puts silver down ~18% for this month so far--which is as bad as that sudden drop in March.
Edited by KurtS
08/11/2008 3:18 pm
Valued Member
ken8400's Avatar
United States
84 Posts
 Posted 08/11/2008  4:41 pm  Show Profile   Bookmark this reply Add ken8400 to your friends list Get a Link to this Reply
Should sold what ya had month ago. I wouldn't touch either for awhile. OPEC countries are dealing with double digit inflation. Oil will keep dropping , as will the metals. Feds need keep busy on getting the dollar up.
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photoeric21's Avatar
United States
206 Posts
 Posted 08/12/2008  1:22 pm  Show Profile   Bookmark this reply Add photoeric21 to your friends list Get a Link to this Reply
I'm hoping to buy again at $10/ounce

Is this wishfull thinking?
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KurtS's Avatar
United States
5318 Posts
 Posted 08/12/2008  1:48 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
It was close to $10 as recently as August '07:

Silver-And-Gold-Today
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BadThad's Avatar
United States
19935 Posts
 Posted 08/12/2008  1:52 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
I watch it everyday. It's getting close to time to go visit my local shop and load up on silver. It will bottom soon and then resurge to a new high IMO.
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coinguybrian's Avatar
United States
5375 Posts
 Posted 08/12/2008  2:21 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
I agree, thad. Soon, I'll do the same thing.
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shatsi's Avatar
United States
1541 Posts
 Posted 08/12/2008  3:27 pm  Show Profile   Bookmark this reply Add shatsi to your friends list Get a Link to this Reply
I'm glad I didn't re-order the gold buffalo the mint canceled on me. I think I'll hold off and buy on ebay later.
Rest in Peace
Parklane64's Avatar
United States
2668 Posts
 Posted 08/12/2008  3:42 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list Get a Link to this Reply
I've been buying 'junk' silver and it just keeps getting better and better. Sell it on ebay, those buyers are nuts.
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Australia
1040 Posts
 Posted 08/13/2008  12:25 am  Show Profile   Bookmark this reply Add latman100 to your friends list Get a Link to this Reply
Have to agree. You can buy a kilo of silver here for A$590 from a dealer and they sell on ebay for upwards of $660 to $700.
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eaglefoot's Avatar
United States
6326 Posts
 Posted 08/13/2008  09:37 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply

Quote:
I'm hoping to buy again at $10/ounce

Is this wishfull thinking?


I'm hoping to buy gold at this price too..........

How low will it go ?.....
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SeatedNut's Avatar
United States
2797 Posts
 Posted 08/13/2008  09:46 am  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply
I don't think we've seen the bottom yet on the current adjustment. Commodities overall are adjusting after record profits were taken. Those with significant holdings may want to continue to hold as most buyers mirror what's seen here ... let's see if it will go lower ... and it will. Watch the price of oil. If that makes a jump up, the PM's usually following right behind.

I'm going to the Missouri Numismatics show in St Charles this weekend and I'm hoping it will drop even further by Friday.
Rest in Peace
coinguybrian's Avatar
United States
5375 Posts
 Posted 08/13/2008  09:51 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Really, latman? I should try this.
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