Dropping... - Coin Community Forum

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Author	Replies: 6 / Views: 964
jdheyne Pillar of the Community United States 772 Posts	Posted 05/18/2006 12:02 pm How long/far are the metals going to drop? Anybody worried it's going to drop below $10 again? Hopefully oil keeps going down with the metals. Time of posting, $12.67 Silver, $1299 Plat, $684 Gold Report this Post to the Staff

Bryan1315 Bedrock of the Community United States 14454 Posts	Posted 05/18/2006 12:10 pm I was wondering the same thing about a hour ago, it just keeps dropping but I have no idea when or if it will rebound, I was needing a little money and glad I dropped about 30 ounces when it was 14.75 an ounce for silver. I am thinking about buying up a little more if it drops to much more Edited by Bryan1315 05/18/2006 12:10 pm Report this Post to the Staff
Margaret Valued Member United States 194 Posts	Posted 05/18/2006 12:18 pm Works for me. I have a lot of buying to do yet! Margaret Report this Post to the Staff
jdheyne Pillar of the Community United States 772 Posts	Posted 05/18/2006 12:40 pm Same here. I moved about 200 ounces at a buck cheaper than you, Bryan, but still definately came out ahead. I think no matter what it drops to, it will definately bounce back up before too long. But if it drops $10 or lower, I will definately be buying again... if anyone is selling. Report this Post to the Staff
TLS5933 Pillar of the Community United States 1703 Posts	Posted 05/18/2006 2:07 pm I think metals will gradually keep dropping through the end of the month and rally around June 5th,6th. As far as oil prices, if an Arab breaks wind the prices instantly go up at the pump, but now that the price has dropped on a barrel of crude,no change at the pump....imagine that. Report this Post to the Staff
ageka Pillar of the Community Belgium 2078 Posts	Posted 05/18/2006 2:08 pm Most probable prognosis is for silver to touch 10.50 $ If it does I will be buying http://www.goldseiten.de/content/di...storyid=2643 Report this Post to the Staff
longnine009 Pillar of the Community United States 1247 Posts	Posted 05/18/2006 6:24 pm Gee, maybe now I can find an 1 oz. silver art bar that doesn't include $18 in shipping. Maybe the latest CPI figures will be good for metals? Apparently the figures show inflation. Duh? How'd that happen when there's nothing left in the index but baking soda and shoe laces. Guess the Ferengi Reserve better get rid of that stuff too and just leave hot air in the index. That should solve their inflation problem. Edited by longnine009 05/18/2006 6:34 pm Report this Post to the Staff
	Replies: 6 / Views: 964

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