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Silver Cracks $47

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hockingzig's Avatar
United States
1450 Posts
 Posted 04/22/2011  10:42 am Show Profile   Bookmark this topic Add hockingzig to your friends list Get a Link to this Message Number of Subscribers
10:30 eastern time spot is $47.31. Happy Easter everyone!
New Member
DeathByDimes's Avatar
United States
21 Posts
 Posted 04/22/2011  11:02 am  Show Profile   Bookmark this reply Add DeathByDimes to your friends list Get a Link to this Reply
Kitco seems to be down - try

http://www. (059) Not Allowed - Auto-Removed com/english/gold_price_in_dollars.aspx

or


http://www.indiatbd.com/
Valued Member
ayejay1974's Avatar
United States
314 Posts
 Posted 04/22/2011  12:57 pm  Show Profile   Bookmark this reply Add ayejay1974 to your friends list Get a Link to this Reply
Where are you getting this? The NYSE is closed for the weekend, and I'm still seeing bid and ask prices on all the dealer's sites in the 46.70 area.
Valued Member
United States
368 Posts
 Posted 04/22/2011  1:49 pm  Show Profile   Bookmark this reply Add LowLife to your friends list Get a Link to this Reply
agreed....I'm seeing $46.86 Ask on APMEX.com

I expect silver to see $48.00 on Monday....happy hunting this weekend! ;)
Pillar of the Community
United States
648 Posts
 Posted 04/22/2011  2:08 pm  Show Profile   Bookmark this reply Add tripncoins to your friends list Get a Link to this Reply
I heart silver.
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muddler's Avatar
United States
7191 Posts
 Posted 04/22/2011  2:28 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
A local shop only offered me $20 for a .999 fine one ounce round today, I won't be back.
Valued Member
ayejay1974's Avatar
United States
314 Posts
 Posted 04/22/2011  2:30 pm  Show Profile   Bookmark this reply Add ayejay1974 to your friends list Get a Link to this Reply
Good lord Muddler. Did you at least mumble off a few choice words to the crook behind the counter? or at least laugh hysterically at him?
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mitchhailey's Avatar
United States
1150 Posts
 Posted 04/22/2011  2:50 pm  Show Profile   Bookmark this reply Add mitchhailey to your friends list Get a Link to this Reply
I was in my dealer's shop yesterday and he told me about a kid who came in to sell some 90%. It seems the kid had gone to a shop a few miles away and was quoted $1 for each silver half! Obviously we all know better, however it makes me sick to think of these people preying on the un-informed.

I'm always telling different people what a silver dime or quarter is worth and most of the time they seemed surprised. Knowledge is power.
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 04/22/2011  2:53 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
I started at buying silver at 27 an oz in LATE JAN, and now it sets close to 47 an oz in late April, really. Man, I was a about a year or to late on starting to hoard silver. Really blows my mind to think it did nothing from 1981 until early 2011, say an increase of like 25 an oz. And like another wise member pointed out, many had to wait 30 years, just to break even, lol. Now it goes up 20 bucks an oz in three months! To many new factors in play now, to repeat 1980 history IMO, lets hope I am right, as I don't wanna wait 30 years for it to hit the 40's again, and have a chance to break even....
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junior e's Avatar
United States
931 Posts
 Posted 04/22/2011  3:05 pm  Show Profile   Bookmark this reply Add junior e to your friends list Get a Link to this Reply
I don't see any way the dollar situation is going to improve. They are probably going to pull a 2 for 1 split knowing these financial Wiz Kids we have running the show for us. I believe a new currency, possibly the Amero, is going to replace our new counterfeit greenback. Sad times are on the horizon. Good times ahead for we metalheads.
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muddler's Avatar
United States
7191 Posts
 Posted 04/22/2011  3:16 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
Ayejay1974, It was what I had thought my luck would be in my rural area of the country. I will have to sell on line or to a large company like Provident Metals to get any thing near the true value for my silver. A 200 mile drive to a major metro market would not be cost effective either.
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BH1964's Avatar
United States
10982 Posts
 Posted 04/22/2011  3:18 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
They are probably going to pull a 2 for 1 split knowing these financial Wiz Kids we have running the show for us.


That's what The Fed and the U.S. Treasury are busy doing now. Cut the value of the dollar in half and we won't have such a huge national debt!

When you're paying $5/gallon for gasoline this summer - everybody will figure this out - or at least most people!
ANA #R3154474
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hockingzig's Avatar
United States
1450 Posts
 Posted 04/22/2011  4:52 pm  Show Profile   Bookmark this reply Add hockingzig to your friends list Get a Link to this Reply
Just for the record,that $47 quote was on usagold.com live gold prices.
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 04/23/2011  12:02 am  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
Ayejay1974 here you go, I found this link, and forgive me and remove if not post-able, but it is 24 hour live to the minute updates, and it shows silver listed at $47.78....

http://www.silvermarketnewsonline.com/
Edited by Silverhawk74
04/23/2011 12:03 am
Valued Member
ayejay1974's Avatar
United States
314 Posts
 Posted 04/23/2011  02:27 am  Show Profile   Bookmark this reply Add ayejay1974 to your friends list Get a Link to this Reply
Thanks Hawk. I usually go by Kitco, and they're showing flatline.
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Ed_B's Avatar
United States
4008 Posts
 Posted 04/23/2011  02:47 am  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
A local shop only offered me $20 for a .999 fine one ounce round today, I won't be back. - Muddler

Obviously we all know better, however it makes me sick to think of these people preying on the un-informed. - MitchHailey

Yes, that is pretty disgusting. I would be tempted to lay a silver dime on the counter and say, "Sir, I would like to buy one of those pre-1964 Washingtons in the case there". When the crook says that it costs more to buy that, I reply with, "Yes, but that is the same deal you just offered me."

Don't worry about the scamers out there. They pull their tricks a few times and then, thanks to the Internet, EVERYONE out there will know to avoid them. They deserve much worse, of course, but it is a start.
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