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Replies: 25 / Views: 2,119 |
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Valued Member
United States
79 Posts |
Silver is underpriced when compared with gold and platinum. If gold and silver were to return to their historic ratio of 16 to one ,you might make an argument for $35 oz silver ; or is gold overpriced? My crystal ball is hazy.
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Pillar of the Community
United States
1247 Posts |
I think the excitment right now with silver might have a lot to do with anticipation of silver ETF's--(Exchange Traded Funds).
Crystalk I saw something in the paper last year about Steppenwolf playing in some bar down here. And there's the Stone's with the most ticket sales last year. I also heard they played at the Superbowl half time this year. 'Tis truly strange times we live in.
Ode the Alan Greenspan:
"Remember what the dormouse said Feed your head, Feed your head Feed your head" White Rabbit--Jefferson Airplane
Edited by longnine009 03/17/2006 6:05 pm
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Pillar Of The Community
3147 Posts |
Look for the ailver to gold ratio to change and the move is under way. Many experts are saying silver will end in 2006 in the $15 to $20 range. Again, time will tell but in the mean time I wouldn't sell any silver! But, I am BUYING Eagles every week!
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Bedrock of the Community
 United States
14454 Posts |
one more question on this subject, where do you go to sell silver when you are ready to sell? I have never checked into selling any at all I have only bought and was just wondering where a person would go to sell the silver they have aquired. Thanks again in advance for any replies
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Rest in Peace
United States
2684 Posts |
Bryan, when you see something in your crystal ball, would you advise the rest of us? Guessing what the values of precious metals will be tomorrow, next month, or next year is like predicting what the weather will be like on 23 November 2365. If I HAD to guess, I'd say it will continue to go up for two more years as investors continue to be discouraged by bonds and the stock market, despite their recent gains. Alternatively, when the stock market crashes again in the near future, silver and gold might follow it.
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Bedrock of the Community
 United States
14454 Posts |
I wish I had a crystal ball with this information but mine has a crack in it that shows this information and I havent been able to get it to work right since it happened. I would like to know where people take their bullion to sell when they are ready though because I have never sold any and would like to know a good place to take it when I am ready. do you take it to pawn shops? coin dealers? or where?
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Valued Member
Australia
99 Posts |
not that my 2 cents is worth a lot, I wouldnt be selling precious metals at the moment. With Iran wanting to set up a new oil market in Euros rather than US dollars and the amount of US dollars held by China it might be a good time to keep hoarding as much silver as you can
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Pillar of the Community
United States
1327 Posts |
to answer you on where to sell, I know most of the coin dealer around me buy silver, they ussaly buy just a little under spot. but it also depend on what and how much you are selling. most the time if you can buy gold or silver at the coin shop they will buy it to. also round and bar do not have as high of a return as American Silver eagle. SO what I did a few month back was traded all my bars or round for ASE. But when you do go to sell look around at the coin shopin your area to find out what tehy are buying at most will tell you over the phone.
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Pillar Of The Community
3147 Posts |
When silver and gold makes an upward trend I would trust a coin shop for an honest opinion and sell. Also don't forget about the potential ebay holds when it comes to buying and selling. One other place to check into would be jewelry stores but make sure you shop around for the best prices on any given day. Remember you are the CEO of your silver! Good luck!
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Bedrock of the Community
 United States
14454 Posts |
Edited by Bryan1315 03/18/2006 1:04 pm
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Replies: 25 / Views: 2,119 |