Silver Tops 30.00 An Oz. At 5:00 Closing.

I'd love it to go down a lot- just for buying purposes ;)

Thanks maudry. Anyone else willing to share politics-free insight into silver?

I cant imagine much more of a demand for silver today in 2010 at 30$ a ounce as it was in 2008 at 4$ a ounce.
Only that its all over the internet " buy silver before it reaches 250 dollars a ounce " " invest today "

China and india " developing " why would china and india's demands make silver nearly rise buy 8x times it value in 2 years.What is china and india doing with it ?

Besides china is in the top 5 suppliers of world silver with huge mines of silver of its own

.Im sure people that lived in 1980 cashing in there silver coins were glad they did when just afew years later it went from 50$ to $4 a ounce

The fact is it will go down , it always does. Over inflated bubbles pop.
For a coin collector its a horrible time to buy silver coins on pure speculation.
When silver gets back down to under 10$ a ounce and the hoarders,get rid of the silver they stashed and take there losses.
Then it will become " a collectors buying enviroment "

Reason why it inflated?
Stock market crash
housing crash
people are scared to invest in alot of things in fear they will lose.

But how ever feel having silver/gold in there portfolios is a win/win being they read and are told silver/gold
out perform most things in the " long term"
Is long term is 10-20 maybe 30 years
when minus a few bubbles silver has not performed well in the last 30 years,

i think its just a run up and dump. The big banks got away with it in 2008 even gave them selves multi million dollar bonuses and ontop of it got free money from the govt to recovery

They invested in silver futures and silver mines and there pushing silver into people portfolio'

Well, if a group of people told you that a certain element is useless, and you have great trust in that group, wouldn't you tend to believe them? This forum is a bit loaded with politics itself, is it not? And our opinions sway you, don't they? We might not hold official positions in society but people still listen to us.

Silver really sells itself, I find. There are many uses for it that we haven't even begun to understand. Once people cue into the fact that their wealth isn't tangible they will panic looking for other investments to hold their value.

The way I look at money is this: a person has limits, and when they want something, they ennumerate it. And the more money you have the less work you have to do to get the things that you want, so in reality, the more money you have, the weaker you are because you're not a doer, just a master with slaves. When people become free of this bondage - this way of thinking - lots of jobs will become available because we'll stop letting our money work for us. Our dreams and visions won't be restricted by how much money we Don't have.

[end rant-ish]

If people wake up to this, silver may push even higher towards $60. Until then, though, that $50 barrier will be tough to surpass because there will be so many sellers at that point. There'll be so many rallies, but I doubt it'll get past $51-2 before it plummets again.

aliens, thats why

aliens came to the earth thousands of years ago dropped off slaves ( humans )

The slaves built landing pads (pyramids) in eygpt , south america,china,india all over the world.

Then the slaves were instructed to build civilizations. BUT instead of hunting ,surviving doing things worth while .They dug in the ground for gold and silver
Why did they mine it ? gold and silver was usless back then , You didnt make tools from it , you could not eat it so why did primative people need these metals?
anwser, they mined it and gathered it for the " gods " that returned to the pyramids ( landing pads ), the gold and silver was carried to the top and loaded inside the alien ships.

Gold and silver is great conductor. But back thousands of years ago before people even knew what electric was or how it conducted they had a huge hard-on for the stuff.And wrote stories of gods vistingthem from the sky and how they would comeback from time to time.

Why does this effect silver and gold today . When the ancient civilizations were instructed to mine gold and silver it became imbeeded in our heads that it was valuable stuff.As the civilizations died off after the aliens left . A few people survived and know " the truth " the aliens will be back and we better have gold and silver for them . If they are not already here transporting it as we speak.

Btw this is what I read on a ufo sight awhile back
It was to explain why people thousands of years ago built big pyramids and why they all mined gold and silver metals that had no use for humans other then were pretty to look at back then.

When you think about it , why did people ?that long ago seem to have a obsession with gold and silver.
So much they made god statues out of it and decorated themselves with it. we have never found anything made from gold and silver thousands of years ago that was for survival , just trinkets and jewlery yet people slaved underground digging for the stuff.

Coppertop....

Down to $27.50 within days, then back up to $29.25 for a few, where it will generally roll back and forth for a bit. Forecast for January 10th is $31.25 / ounce. These are my estimates.

They mined it b/c it's shiny!! I see it at $33.30 by year end.