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 Replies: 44 / Views: 6,058 |
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Valued Member
United States
366 Posts |
If it drops, we can all stock up. It is keeps rising, just keep roll searching!
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Valued Member
 United States
106 Posts |
It's up it's down, roller coaster made of silver.
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Valued Member
United States
101 Posts |
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Valued Member
United States
55 Posts |
I try not to get caught up in watching the ticker, but it's hard!
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Pillar of the Community
United States
757 Posts |
"
Physical metal won't drop to nothing and pull an Enron on you.
People thinking that real estate values could never go down is why the country's in a mess right now.
Of course gold and silver will go down eventually.
The billion-dollar question is "when"."
precisely my point.
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Pillar of the Community
Canada
3692 Posts |
People eventually cash out and flood the market with cheap stuff, so don't expect these prices to go in one direction for an extended period of time. If silver ever hit $30 you can expect lots of people to be selling, and when they do buyers will be buying under melt.
Junk on the other hand, if the price of silver plummets you're stuck with a lot of junk. Get the best grade possible, forget about weight. Some silver is desired over other silver simply because of its history - so when people say silver is silver, there's truth to that but also they forget that the craft is important too. What they mean is, it's a precious metal and anyone can value it and turn it into usable money since silver will always have a price attached to it.
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Valued Member
United States
426 Posts |
Right on Libertad! That is why I try to strike a good balance between numismatic value & intrinsic value.
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Pillar of the Community
United States
6326 Posts |
Yet in the whole part of Northeast Kansas N.O.B.O.D.Y. will pay ANYTHING extra for my Proof '06 Buffalo ! It's only worth "spot price" on any given day right now........  Difference between "old" coins and "modern" coins too......  |
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Valued Member
United States
99 Posts |
What an interesting lively subject. I unlike many of you am no expert. My vote is for a leveling at 22 by years end. In the longer haul I like the outlook for silver. Regardless of my novice opinion, its still a roller coaster ride I plan to stay on. My raw junk silver and my quality coins are both staying strapped in for a few more turns around the park!
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Valued Member
United States
106 Posts |
Since I just took up collecting this year, I find that I entered the fray at a very interesting time. I have always been a passive collector. Collecting coins as they popped up here and there. It has been fun so far and I am surely hooked. 2010 is proving to be very quirky.
Speculating on metal prices is dicey at best. There seems to be too much to learn about the subject and too many variables to consider.
I do like silver long term. It's hard not to look at bumps along the way. Gold seems rather high at this point and I certainly can't justify paying anything over melt value. I think gold's continual rise hurts numismatic value. But then again I am new to all this.
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Pillar of the Community
United States
2424 Posts |
silver is volatile. plain and simple.
unlike gold, you will see the price of silver rise and fall more dollar-wise, than gold. doing research on the web has helped me understand the market trends a lot better. people tend to look at ONLY how a metal has performed in THAT year..
we see with silver and gold, that you need to go back YEARS. 5-10-30 even to see how the market has reacted. someone said it best, '2010 is quirky'. I AGREE. with the economy, the fed, housing prices, gold, the USD(US dollar), etc. doing what they have been doing, its hard to stay focused and poised for the long term.
with that being said, investment involves risk, even the risk of loss.
the fun thing about silver and gold for us numismatists, is that its not all about investing. we are double dipping in a sense, but I think it makes for more interesting discussion and added knowledge on 2 different levels or trade.
one piece of advice is that when looking at how metals(silver, copper, gold) perform, look at how the year ends and starts and what factors go into that, ie, S&P 500 companies coming out with their quarterly projections, jobless rate numbers, gov. spending, different industry demand, consumer demand, mining companies. etc.
those are the ones I have been watching. I am no trader or wall street guru, and I am sure there are more factors I did not mention. so good luck and have fun and preserve this wonderful hobby
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Valued Member
United States
106 Posts |
About a month and a half to go and it is sitting at $25. Round and round she goes and where it stops no one knows.
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Bedrock of the Community
Australia
21788 Posts |
To me, Silver has not gone up that much; the USD has gone down. The AUD price for silver has been more stable.
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Valued Member
United States
106 Posts |
12/10/2010 and the price is 28$. I should have added more top-end and less low-end to my poll.
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Replies: 44 / Views: 6,058 |
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Posted 10/27/2010 09:02 am
