Well That Was Fun Wasn't It ?

"This rollercoaster ride is nothing new."

It will go back up again. It will come back down again.

I'd love to see $11 silver so non-key date coins will be reasonable again.

This is SOOOOO temporary. I thank the markets for raising the margin rates, which in turn will allow me to buy more!! The death of the dollar is near.

The window may be small, and if you hold out for 30 an oz, you may find it back up to 45 an oz before you know what happened....

Been watching ebay for a bit, and there was several nice different Indian nation coins ending .9999% in nice capsules, and 39 start bid, five bucks shipping, and only like 1 out of 10 had a bid....

No doubt, people are waiting right now for price adjustments from dealers, and to see just how far it will fall....

I dont know what the bottom is, but when we reach it Id like to buy some more Silver Eagles, I didnt think Id be able to afford some bling-bling just for bling-bling's sake.

Of course like all of us, I do wish I had sold a few rolls of junk to buy a nicer coin or two. I was greedy, darn I wish I could blame somebody.

Wonder how many folks went "all out" buying silver......and might be a little "nervy" right now....

It took 30 years to get to $50, maybe it goes back up next week, maybe not. We had a couple big outfits selling silver short, so they want the price down. I seriosly don't think they have themselves out of the short situation yet and believe they want it alot cheaper which would make it better for them to get out from under the short. The one thing I am sure of is that I'm too darn old to get into a 30 year long haul. A good aproach is not to get too greedy, allow your buyer to make a buck or two, don't try to wring every last penny out of it. Greedy can get you hurt real bad, too many people wait too long to get into the game and pay too much in trying to make a killing. You might make a buck or two but don't forget the IRS. Your supposed to keep records of all your transactions and pay taxes on your gains. Its you thats respnsible for turning it in, not your buyer. Next year as I understand it, transactions will be entered by your buyer into a computer system. Any bets on it totallying out your sales for the year as well as your buyers buys along with required proper ID. If Uncle Sam thinks money is being made in the PM market then he's going to get his share. Doesn't matter where or who you sell it to, the IRS will have you on an account. And that friend at work or play that does't have the proper ID ,so you sold some for him to help him out----you guessed it, your account has his total added to yours. Makes me kinda glad that I'm getting too old to play this game!

After the?