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Bullion Prices On The Move Again

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Author Previous TopicReplies: 15 / Views: 2,453Next Topic  
Valued Member
SilverTurtle's Avatar
United States
371 Posts
 Posted 06/07/2010  2:55 pm Show Profile   Bookmark this topic Add SilverTurtle to your friends list Get a Link to this Message Number of Subscribers
Silver is at $18.20, while Gold is at $1241.50 for the moment. Let's see how high they get today.
Valued Member
needgames4lyfe's Avatar
United States
323 Posts
 Posted 06/07/2010  3:19 pm  Show Profile   Bookmark this reply Add needgames4lyfe to your friends list Get a Link to this Reply
exciting! I hope silver is going to go up more
Pillar of the Community
afcop13's Avatar
United States
1409 Posts
 Posted 06/07/2010  3:23 pm  Show Profile   Bookmark this reply Add afcop13 to your friends list Get a Link to this Reply
I still say both are undervalued and the Dow/NASDAQ/S&P are way inflated.

Markets are being manipulated - but the manipulators can't hang on forever in the age of information. The DOW should drop another several hundred, should doesn't mean it will, but it should. The EU situation is far worse than being purported, and so is the US Economy.
Valued Member
needgames4lyfe's Avatar
United States
323 Posts
 Posted 06/07/2010  5:32 pm  Show Profile   Bookmark this reply Add needgames4lyfe to your friends list Get a Link to this Reply
So buy buy buy silver and gold?
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Namachieli's Avatar
United States
2120 Posts
 Posted 06/07/2010  6:01 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
no, just watch the graphs and laugh at the crazies that try to squeak a few dollars out of the peaks.
Valued Member
Angielczyk's Avatar
Israel
423 Posts
 Posted 06/08/2010  06:19 am  Show Profile   Bookmark this reply Add Angielczyk to your friends list Get a Link to this Reply
Look what the experts are saying

http://www.kitco.com/ind/Bock/jun072010.html
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afcop13's Avatar
United States
1409 Posts
 Posted 06/08/2010  08:08 am  Show Profile   Bookmark this reply Add afcop13 to your friends list Get a Link to this Reply
While I'm optimistic about precious metals - I'm not quite as optimistic as those guys in the Kitco article.
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nod2003's Avatar
United States
3294 Posts
 Posted 06/08/2010  08:52 am  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
Yeah, might just be a little bit of conflict of interest in kitco writing a completely neutral article about precious metal future values.
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macmercury's Avatar
United States
5825 Posts
 Posted 06/08/2010  12:50 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Well I'd say we all would be millionaire if not close enough, that's if you own gold bullion. At least my mortgage would be paid off.
Edited by macmercury
06/08/2010 12:51 pm
Valued Member
United States
254 Posts
 Posted 06/09/2010  08:21 am  Show Profile   Bookmark this reply Add rkp to your friends list Get a Link to this Reply
Silver seems to be stuck between $17 and $19 lately. It just can't break into the 20's whereas gold is making new all time highs.
Valued Member
SilverTurtle's Avatar
United States
371 Posts
 Posted 06/09/2010  09:01 am  Show Profile   Bookmark this reply Add SilverTurtle to your friends list Get a Link to this Reply
Hopefully, we will see Silver break the ice soon.
Valued Member
stacksilver79's Avatar
United States
60 Posts
 Posted 06/09/2010  7:08 pm  Show Profile   Bookmark this reply Add stacksilver79 to your friends list Get a Link to this Reply
^^ uh, hopefully not, some of us need to stack more buddy! :-P

I want to see around $10 silver actually...
Edited by stacksilver79
06/09/2010 7:11 pm
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nod2003's Avatar
United States
3294 Posts
 Posted 06/10/2010  09:00 am  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
I wouldnt mind $8 silver myself, if only for a month or so :)
Valued Member
SilverTurtle's Avatar
United States
371 Posts
 Posted 06/10/2010  11:06 am  Show Profile   Bookmark this reply Add SilverTurtle to your friends list Get a Link to this Reply
Yes, perhaps lower a bit... trying to fill a roll of Silver Dollars.
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Libertad's Avatar
Canada
3692 Posts
 Posted 06/10/2010  12:34 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
I don't think the price would go down dramatically without a similar rise before the crash. It can't go under $10, IMO.
Pillar of the Community
United States
511 Posts
 Posted 06/12/2010  08:45 am  Show Profile   Bookmark this reply Add 3stooges to your friends list Get a Link to this Reply
We might see the typical summer dip in the metals, but it won't be substantial. As nations around the world crank up the printing presses and create more fiat "money", gold and silver will only become more popular and valuable.
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