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Replies: 16 / Views: 1,906 |
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Valued Member
United States
79 Posts |
Silver topped $12 0z today!!!!Let's sit back and enjoy the ride.
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Pillar of the Community
United States
4589 Posts |
if you fall trends with gold and silver in relationship to the market it looks good for gold and silver but that usually means that our american economy is really hurting and it is a chain reaction it will start affecting the european market and so on on on I mean where I am at a gallon of milk is over $5.00 a gallon and gas keeps jumping
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Pillar of the Community
United States
1327 Posts |
also Gold is only 5.30 away from 600.00, wish I had some money to go and buy a roll of ASE. since who knows were silver will stop or Gold for that mater.
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Pillar of the Community
Belgium
2078 Posts |
On a german coinforum they are complaining about delivery delays Two internet vendors allready replied that they took temp help and still are backlogged on old orders and really even have no time to read the new queries Also that their american source for silver eagles takes a lot longer to ship so that delays are now around three or four weeks They do not suggest there is any shortage anywhere Only not enough hands to handle shipping and accounting Everybody and his uncle in germany seems to want physical gold and silver ASAP 
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Bedrock of the Community
United States
14454 Posts |
I was getting ready to come here and make a thread about the price jump today and saw someone had already beat me to it, it is 12.07 at 2:20 EST which is very exciting. I have about 300 ounces here I am sitting on and another 200 in a pool account at kitco (that I bought when silver was around 7.00 a ounce) so this new jump has got me excited and cant wait to see where it tops out at. I cant beleive I was thinking about selling when it hit the 10.00 mark earlier last month, Thank all of you who talked me out of it, we may have a good Christmas this year after all 
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Pillar of the Community
Belgium
2078 Posts |
Please note that some experts expect a short but painfull fall in silver just to shake out the faint of heart  Of course I will be buying if that should happen 
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Pillar of the Community
United States
1541 Posts |
quote: Originally posted by ageka
Please note that some experts expect a short but painfull fall in silver just to shake out the faint of heart  Of course I will be buying if that should happen 
I wonder how painfull and how short it would be?
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Valued Member
Canada
309 Posts |
quote: Originally posted by shatsi
quote: Originally posted by ageka
Please note that some experts expect a short but painfull fall in silver just to shake out the faint of heart  Of course I will be buying if that should happen 
I wonder how painfull and how short it would be?
I guess that will be when everybody else who thinks it will go down will try to get rid of it ( while loosing in the process),so the big guys who started it can buy it back,while making a nice coin in the process  .As for short,unless the economy gets better,i don't think it will ever go really low again.Painfull ?...maybe for who bought it today and will try to unload it at the first sign of "trouble".
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Pillar of the Community
Belgium
2078 Posts |
I have seen a believable target of 10.70 And that could be reached in three to five days to give those that panick the time to sell 
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Bedrock of the Community
United States
14454 Posts |
if it drops to that price again I will buy more. Dont think I am going to buy anymore (unless at a good deal) for awhile. I just bought 3 rolls of eagles from the pawn shop for 10 dollars a ounce, he was asking 12.00 a peice or 200.00 a roll so I bought the last 3 rolls he had left
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Pillar of the Community
Belgium
2078 Posts |
quote: Originally posted by Bryan1315
if it drops to that price again I will buy more. Dont think I am going to buy anymore (unless at a good deal) for awhile. I just bought 3 rolls of eagles from the pawn shop for 10 dollars a ounce, he was asking 12.00 a peice or 200.00 a roll so I bought the last 3 rolls he had left
The best I could do today is 240 euro per roll that is of course the transport to europe included and the 7 % tax and the margin the vendor needs to survive Belgium only favors goldbugs All the gold you want at 1.5% over melt cash and carry
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Pillar Of The Community
3147 Posts |
The biggest "cry babies" at this time are, and will be, the stock brokers who would much rather we all put our money in to worthless pieces of paper. Any time I read any negative reports on gold and silver now I must assume who is behind the report. One final thought is that the gas prices are nothing more than gouging and greed. When all the companies are making billion dollar profits don't tell me of a shorage and its a sad fact our Congress don't have the guts to do a darn thing about it!!! Probably because they all have stock in the gas and oil industry! No matter what happens silver and gold are the greatest physical assets one can hold!
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Valued Member
Canada
309 Posts |
quote: Originally posted by crystalk64
The biggest "cry babies" at this time are, and will be, the stock brokers who would much rather we all put our money in to worthless pieces of paper. Any time I read any negative reports on gold and silver now I must assume who is behind the report. One final thought is that the gas prices are nothing more than gouging and greed. When all the companies are making billion dollar profits don't tell me of a shorage and its a sad fact our Congress don't have the guts to do a darn thing about it!!! Probably because they all have stock in the gas and oil industry! No matter what happens silver and gold are the greatest physical assets one can hold!
Well said on all acoounts..i couldn't agree more...but then again,who am I ? 
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Pillar of the Community
United States
4589 Posts |
i do have to agrre with crystalk64, of course most of everthing atleast in the american way of life is driven by the big hype machine. I do believe we should deversify. but I am just an average hardworking american who cant even afford to have a broker who will just loose my money anyway how ever with silver at least I can afford to buy something like a silver coin something tangable that could atleats in the worst of times can be used to make several thing useful. but that little piece of paper on ly burns for a second ortwo
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Pillar of the Community
United States
756 Posts |
Let it drop, so I can buy more for less.
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Pillar Of The Community
3147 Posts |
Strayed again!
Edited by crystalk64 04/08/2006 12:19 pm
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Replies: 16 / Views: 1,906 |