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 Replies: 33 / Views: 2,599 |
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Bedrock of the Community
United States
14454 Posts |
silver and gold took a nose dive today, will it go back up well I dont know. But this is the lowest in awhile I have seen it. Right now its $10.33 a ounce for silver and 584.80 for gold Edited by Bryan1315
06/13/2006 10:16 am
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Valued Member
United States
95 Posts |
I'm lovin' it! When will the mint readjust their gold eagle prices again >< ...
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Bedrock of the Community
 United States
14454 Posts |
I am so glad I dumped some of my silver when it reached over 14.00 a ounce (reluctantly at the time)because it seems it may be awhile before we ever see that price again
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Member
United States
3242 Posts |
I love seeing the mint with mud on their face!!!!!!!
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Pillar of the Community
United States
2365 Posts |
quote:
Originally posted by Mooseknuckle
I'm lovin' it! When will the mint readjust their gold eagle prices again >< ...
When the current inventory is such that they need to unload or until the inventory is gone and the prices are reflective of the current market. |
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Pillar of the Community
United States
1327 Posts |
I don't think the mint is worried I think even though the prices drop they will still sell out of the gold proof coins all sizes. SO they will just make more money off of the ones who buy them.
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Valued Member
United States
383 Posts |
The tail waggin the dog. Speculators will jump in thinking the price will make it a low mintage item. Problem is too many speculators will make it a high mintage item ruining the secondary market. I'm glad I'm broke so I don't have to think about these things.
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Pillar of the Community
United States
4868 Posts |
I just checked again and silver is at $9.94/oz now!
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Bedrock of the Community
United States
14454 Posts |
dropped another $0.10 now
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Valued Member
United States
458 Posts |
WOW, what the heck is going on? Gold is taking another BIG bath today--WOW  |
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Valued Member
United States
260 Posts |
Current Metal Standings: (As Of June 13 2006 15:08 NY Time)
Gold: 564.30
Silver: 9.84
Platnium: 1111.00
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Pillar of the Community
United States
986 Posts |
This is good news for potential bullion buyers, and bad news for people who clung on to silver when it reached $15 an ounce, hoping that it would continue to rise. The same thing goes for gold.
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Valued Member
United States
79 Posts |
This may just be the last opportunity to buy precious metals at a bargain price.If the Fed doesnot raise interest rates to match inflation,people will not sit on dollars losing money.Don't be one of Bernake's sheep.The true inflation rate is being hidden.If we have a global recession, everyone loses.
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Pillar of the Community
United States
1541 Posts |
quote:
Originally posted by dgoose50
This may just be the last opportunity to buy precious metals at a bargain price.If the Fed doesnot raise interest rates to match inflation,people will not sit on dollars losing money.Don't be one of Bernake's sheep.The true inflation rate is being hidden.If we have a global recession, everyone loses.
I don't understand, can you please elaborate on this? |
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Valued Member
United States
260 Posts |
Current Metal Standings: (As Of June 13 2006 16:05 NY Time)
Gold: 562.10
Silver: 9.59
Platnium: 1111.00
These Silver Prices Are Dropping Fast! We may see FIVE DOLLAR silver by the end of the week.
Edited by coolg35748
06/13/2006 4:12 pm
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Pillar of the Community
United States
986 Posts |
Five dollar silver might just be pushing it a little.
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Replies: 33 / Views: 2,599 |
Posted 06/13/2006 10:20 am
