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 Replies: 21 / Views: 2,961 |
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Pillar of the Community
United States
2120 Posts |
  Wonder if it will close above 21.
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Bedrock of the Community
United States
10982 Posts |
I'd bet it does close above $21. The USD is collapsing this week and that is helping the PM markets.
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Pillar of the Community
United States
625 Posts |
QE2 is underway. US Fiat is beginning its steep tumble.
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Valued Member
United States
462 Posts |
So I guess that $140.00 that I paid for a 10 ounce bar a few months ago was a good investment!
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Pillar of the Community
 United States
2120 Posts |
haha yea, 21.13 now. Just keeps climbing. Gold is creeping up to 1,300/oz also.
Edited by Namachieli
09/22/2010 4:15 pm
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Pillar of the Community
United States
3294 Posts |
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Valued Member
United States
52 Posts |
Looks like we are heading up, anyone care to share their "sell" target, if they have one?
I'm looking for $23.50 and $26 to sell about 100 oz at each level, if we ever get there.
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Pillar of the Community
United States
2120 Posts |
i dont have lots to sell unfortunately. Just odds and ends. :(
Not taking the risk of buying right now. Though, its probably not much of a risk.
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Valued Member
United States
364 Posts |
Holding. Designed to be an insurance policy against fiat collapse, and I can't use it for that if its in someone else's vault.
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Pillar of the Community
United States
5606 Posts |
Ian, Great call on spot prices, Today silver at 1 pm was $21.94 per ounce, gold was down a little to 1303.00 per ounce, then back up to 1310.00 per ounce.
I wonder the same thing about where this is all going, and the impact this will have to us all......We should have a contest about who can/will guess the top out of the 2 metals...
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Valued Member
United States
254 Posts |
Melt vale of 90% silver is at 16X face, has anyone tried to sell? I'm curious what people are receiving. Typically the discounts were face -1 in my experience. Is this still the case?
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Pillar of the Community
 United States
5953 Posts |
I buy and sell in equal volume.
The stuff I buy put in ziplocks with the purchase price per oz I am selling stuff at the moment that I paid around $10 per ounce for. I tend to hold until its doubled then sell 50%. Will silver make $40 per ounce so I can sell my last purchase I doubt it, but then when I bought at 7 or 8 dollars and ounce I did not really believe it would reach 14/15 dollars an ounce in such a relatively short time.
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Bedrock of the Community
United States
10045 Posts |
Hmm...wow, I haven't followed silver for a while. I sorta expected this rally to collapse--not yet.  |
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Valued Member
United States
71 Posts |
trying to decide my path as well ...
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Valued Member
United States
462 Posts |
There is too much industrial demand for a total collapse. Price fluctuations, absolutely. $20 to $30 over the next 12-18 months. Try to buy low and sell high. I am loving my $10-$14 an ounce purchases!
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Valued Member
United States
462 Posts |
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Replies: 21 / Views: 2,961 |
Posted 09/22/2010 3:27 pm
