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How Low Will It Go? Silver Down $4 Today.

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Pillar of the Community
murrellington's Avatar
United States
3276 Posts
 Posted 09/23/2011  2:29 pm  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
GTALLEN. Add or wait is the question but I think no one will really know. I'm thinking of buying now. not as much as I want but just some. If it drops more next week then I can buy more, but if it rises then I will feel good that I bought some. Just dip a little into it right now.
Valued Member
GTALLEN's Avatar
United States
315 Posts
 Posted 09/23/2011  2:45 pm  Show Profile   Bookmark this reply Add GTALLEN to your friends list Get a Link to this Reply
The local dealers only sell on last market closing. So if I wanted to buy from them before the market closes, I would have to pay yesterdays stale price. I think all the sell has finished for the day and I doubt there is going to be a last second dump at market close, but it could happen on a Friday. I might add a small amount, but I really am looking for under $30. I do not think I will get it.
Pillar of the Community
LTMets44's Avatar
United States
580 Posts
 Posted 09/23/2011  4:02 pm  Show Profile   Bookmark this reply Add LTMets44 to your friends list Get a Link to this Reply
Spot at $30 and some change. I think I will try to collect some ASE first thing tomorrow morning. =)
Pillar of the Community
murrellington's Avatar
United States
3276 Posts
 Posted 09/23/2011  4:10 pm  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
I'm going to search craigslist for some 90%
Valued Member
everything's Avatar
United States
493 Posts
 Posted 09/23/2011  5:24 pm  Show Profile   Bookmark this reply Add everything to your friends list Get a Link to this Reply
I talked to a dealer today who is into silver and he said it could hit $25 next week, you just never know so he said wait, but he also said he would back the truck up at that price. Also, both dealers I went to today were only buying and not selling. Still, compared to prices we've been dealing with all year.. It's nice to see a correction.
Valued Member
GTALLEN's Avatar
United States
315 Posts
 Posted 09/23/2011  5:29 pm  Show Profile   Bookmark this reply Add GTALLEN to your friends list Get a Link to this Reply
"Bears make money, bulls make money, pigs get slaughtered." I am trying to not let greed make my judgement go haywire.
Pillar of the Community
junior e's Avatar
United States
931 Posts
 Posted 09/23/2011  5:48 pm  Show Profile   Bookmark this reply Add junior e to your friends list Get a Link to this Reply
Hey Hawk. Tell us a story about ancient aliens or something to calm everybody down.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 09/24/2011  04:06 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
Personally I would love to see $20's again in the silver market but I can't say for sure that would happen.

Below 31 in less than two days.
Valued Member
Danester's Avatar
United States
213 Posts
 Posted 09/24/2011  06:49 am  Show Profile   Bookmark this reply Add Danester to your friends list Get a Link to this Reply
I sold all my Silver coinage (including all my foreign coins) in April this year. At the time I wasn't sure it was the right thing to do. I made shipping free on ebay and averaged spot-price everyday.

Looks like I made the right move, only because I needed cash then...... now I'm a buyer if Silver goes down into the $20's. Zig when others Zag..... that seems to works in almost all arenas.
Edited by Danester
09/24/2011 3:39 pm
Pillar of the Community
littlemoney's Avatar
Canada
902 Posts
 Posted 09/24/2011  2:07 pm  Show Profile   Bookmark this reply Add littlemoney to your friends list Get a Link to this Reply
What doe's it all mean ? Are done then ?
Valued Member
Danester's Avatar
United States
213 Posts
 Posted 09/24/2011  4:04 pm  Show Profile   Bookmark this reply Add Danester to your friends list Get a Link to this Reply
Given all the current financial facts - Gold and Silver should be going up. What-up with all this? Seems like some in the know have advance information on something.

It happen just before the World Trade Center attacks on 911. http://911research.wtc7.net/sept11/stockputs.html

What scenario would cause Gold and Silver to crash? A significant loss of world population would be one. A major break-through of Nanotech of some sort to replace Gold and Silver as an industrial component would be another. Can you think of others.
Edited by Danester
09/24/2011 4:21 pm
Pillar of the Community
Silverhawk74's Avatar
United States
3670 Posts
 Posted 09/24/2011  4:25 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
"Hey Hawk. Tell us a story about ancient aliens or something to calm everybody down."

I am all tapped out of good stories and about to go to work, but I did watch Brad Metzlers decoded last night, about those stones in Georgia, supposedly created by a wealthy fellow who wished to remain unknown....

The stones basically speak of the world on being suited to support life for a half of a billion humans, so many thinks it is a warning of solar activities that will wipe out a good portion of the population, and unlike other 2012 kooks, he says Georgia is one of the safe zones where the stones are built. I live not far north, in an area which appears part of that safe zone, protected by the Cumberland gap to the north, the app mountains to the east, and yet more mountains to the south in Chattanooga and west into middle T.N.. A valley safe haven so to speak, or at least I hope anyway....

Also many rumors connects the stones to ted Turner and Rosa Christians, which I think is more based in fantasy then reality, esp the part that the Rosa is really a secret cult wanting to wipe out the other 6 and one half billion or so humans, lol....

Anyhow, I thought is one of the more interesting episodes in that series....
Edited by Silverhawk74
09/24/2011 4:26 pm
Pillar of the Community
junior e's Avatar
United States
931 Posts
 Posted 09/24/2011  6:13 pm  Show Profile   Bookmark this reply Add junior e to your friends list Get a Link to this Reply
There. I forgot all about stuff and I've shaken it off. Thanks Hawk!
Pillar of the Community
United States
2168 Posts
 Posted 09/24/2011  7:35 pm  Show Profile   Bookmark this reply Add angel2004 to your friends list Get a Link to this Reply
Well I did buy some junk halves as well as a 5oz National Park coin. While my local coin shop still had some junk silver not much I don't think. Eagles were low as well I read many online companies were sold out. So while we can wait and see if silver decreases, there may not be much available at the low prices. Today spot used was just under $31/oz
Valued Member
BuffaloBonehead's Avatar
United States
333 Posts
 Posted 09/24/2011  7:42 pm  Show Profile   Bookmark this reply Add BuffaloBonehead to your friends list Get a Link to this Reply
I tried buying locally today and the guy wanted $36 for an ounce. I know everybody talks about decoupling paper and physical, but not yet will I pay $6 an ounce over spot.
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