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 Silver $12.87/oz How low can you go?
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kavajava
Penny Collector Member



USA
487 Posts

Posted - 09/08/2008 :  14:19:17  Show Profile Send kavajava a Private Message  Reply with Quote
quote:
Originally posted by Nickelless

Unbelievable. Any news on the dollar (manipulation) today that I haven't seen yet?


Yes--there has been a rift in the space-time continuum.
See these comments by Dan Norcini at jsmineset.com:

http://www.jsmineset.com/cwsimages/Miscfiles/6570_September0808Gold1230pmCDT.pdf
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scooter
Penny Pincher Member



154 Posts

Posted - 09/08/2008 :  17:44:39  Show Profile Send scooter a Private Message  Reply with Quote
omg 11.98. we are only 98 zinc lincoln pennies away from the tens now
.wow
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Nickelless
1000+ Penny Miser Member



USA
1343 Posts

Posted - 09/08/2008 :  20:25:49  Show Profile Send Nickelless a Private Message  Reply with Quote
Not that I have much cash (yet), but is APMEX required to report bullion purchases over a certain amount to the IRS?

Why hyperinflation is inevitable...and very soon:
http://www.shadowstats.com/article/292
http://www.ChrisMartenson.com
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Delawhere Jack
Penny Hoarding Member



USA
515 Posts

Posted - 09/08/2008 :  21:09:28  Show Profile Send Delawhere Jack a Private Message  Reply with Quote
First off, Nickelless, your new avatar is disturbing in many, many ways Hope it doesn't give me nightmares.

Secondly....well, that's really all I've got to say except that it appears the Asian PM's market has drank the coolaid too...

Good for us! I see ASE's in my hoard soon, premium be d@mned!

"Money is the barometer of a society's virtue. When you see that trading is done, not by consent, but by compulsion...when you see that in order to produce, you need to obtain permission from men who produce nothing...when you see your laws don't protect you against them, but protect them against you...when you see corruption being rewarded and honesty becoming a self-sacrifice...you may know that your society is doomed."

Ayn Rand, from Atlas Shrugged
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scooter
Penny Pincher Member



154 Posts

Posted - 09/09/2008 :  17:22:02  Show Profile Send scooter a Private Message  Reply with Quote
we were down to 11.24 today, 10 is closing in
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ironpoptart
Penny Sorter Member



China
41 Posts

Posted - 09/09/2008 :  17:35:05  Show Profile Send ironpoptart a Private Message  Reply with Quote
Add my voice to the "WTF" chorus! In my more conspiratorial moments I'd be inclined to believe this is one last manipulative move so the fat cats can hoard silver before the house of cards comes down.

I'm not gone, I'm just lurking.
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starwarsgeek171
Penny Hoarding Member



USA
602 Posts

Posted - 09/09/2008 :  17:57:59  Show Profile Send starwarsgeek171 a Private Message  Reply with Quote
Buy! Buy!! Buy!!!

I love this! Another huuuuuuuuuuuuuge buying opportunity!
Perhaps down to $9-10 before the winter really kicks-in.


starwarsgeek171
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Delawhere Jack
Penny Hoarding Member



USA
515 Posts

Posted - 09/09/2008 :  18:20:25  Show Profile Send Delawhere Jack a Private Message  Reply with Quote
quote:
Originally posted by starwarsgeek171

Buy! Buy!! Buy!!!

I love this! Another huuuuuuuuuuuuuge buying opportunity!
Perhaps down to $9-10 before the winter really kicks-in.





Amen! Just ordered 20 ASE's (APMEX). Hope they play well with Maples. Maybe I'll take them out of the tubes and mix them to see if they'll breed.

Oh, wait, they're both girls, darn!

And welcome back, I was just looking at the members list and saw that you haven't posted in a while. In fact, a lot of the hardcore haven't. Hope it's just a summer vacation thing.

"Money is the barometer of a society's virtue. When you see that trading is done, not by consent, but by compulsion...when you see that in order to produce, you need to obtain permission from men who produce nothing...when you see your laws don't protect you against them, but protect them against you...when you see corruption being rewarded and honesty becoming a self-sacrifice...you may know that your society is doomed."

Ayn Rand, from Atlas Shrugged
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Delawhere Jack
Penny Hoarding Member



USA
515 Posts

Posted - 09/09/2008 :  18:54:26  Show Profile Send Delawhere Jack a Private Message  Reply with Quote
I order 20 ASE's and silver promptly drops 14¢


"Money is the barometer of a society's virtue. When you see that trading is done, not by consent, but by compulsion...when you see that in order to produce, you need to obtain permission from men who produce nothing...when you see your laws don't protect you against them, but protect them against you...when you see corruption being rewarded and honesty becoming a self-sacrifice...you may know that your society is doomed."

Ayn Rand, from Atlas Shrugged
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ScottyTX
Penny Pincher Member



USA
128 Posts

Posted - 09/09/2008 :  19:16:26  Show Profile Send ScottyTX a Private Message  Reply with Quote
looks like silver is gonna keep dropping on in to the week, I'm waiting it out until next monday, cause I have no choice. I'm very thankful I've had my hands tied behind my back with no money to invest. silver is goona be in the 10's in the morning, yipee
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kavajava
Penny Collector Member



USA
487 Posts

Posted - 09/10/2008 :  11:40:55  Show Profile Send kavajava a Private Message  Reply with Quote
quote:
Originally posted by Delawhere Jack

I order 20 ASE's and silver promptly drops 14¢

I have the same problem usually--just buy more to make up for it!

WARNING: I did buy just before noon, almost at the low so far today -- maybe prices will hold up today...
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penny4mythoughts
Penny Sorter Member



USA
60 Posts

Posted - 09/10/2008 :  12:41:56  Show Profile Send penny4mythoughts a Private Message  Reply with Quote
I just officially emptied my bank account. If everything goes to plan and Silver rises again from the proverbial price ashes I am getting a new apt or condo.... If it keeps going lowe, well, then I guess I will be using my rounds as a roof.

Los Angeles is the place I call home...
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Nickelless
1000+ Penny Miser Member



USA
1343 Posts

Posted - 09/10/2008 :  17:47:18  Show Profile Send Nickelless a Private Message  Reply with Quote
I've bought $25 face in Ag dimes the past two days for just under $14/ounce melt. I'm hoping to squeeze out another $200 in FRNs for about four more rolls.

Why hyperinflation is inevitable...and very soon:
http://www.shadowstats.com/article/292
http://www.ChrisMartenson.com
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legacypac
Administrator



Canada
1653 Posts

Posted - 09/10/2008 :  18:03:03  Show Profile Send legacypac a Private Message  Reply with Quote
quote:
Originally posted by Delawhere Jack
[br
Amen! Just ordered 20 ASE's (APMEX). Hope they play well with Maples. Maybe I'll take them out of the tubes and mix them to see if they'll breed.

Oh, wait, they're both girls, darn!



Ohhh lesbion silver? What will they think of next? Better to try that with some nice handsome King George V's silver dollars, or maybe turn some Prospectors loose in the box with the Liberties.

Sorry - have to something to distract from the fact that I keep buying silver and it drops in price before it even gets home.

Edited by - legacypac on 09/10/2008 18:04:54
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scooter
Penny Pincher Member



154 Posts

Posted - 09/10/2008 :  18:09:18  Show Profile Send scooter a Private Message  Reply with Quote
We are officially in the tens now. unbelievable. can you imagine dropping under 10? this is crazy
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Nickelless
1000+ Penny Miser Member



USA
1343 Posts

Posted - 09/10/2008 :  18:13:57  Show Profile Send Nickelless a Private Message  Reply with Quote
quote:
Originally posted by scooter

We are officially in the tens now. unbelievable. can you imagine dropping under 10? this is crazy

I can't wait to see the fireworks when the feds finally crack down on the manipulation of the silver market--that's when our stashes are going to shoot through the roof price-wise. Someone had mentioned Ted Butler's latest columns in another thread. I think they are worth reposting:

http://www.investmentrarities.com/tb-archives.html

Why hyperinflation is inevitable...and very soon:
http://www.shadowstats.com/article/292
http://www.ChrisMartenson.com
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daviscfad
Penny Pincher Member



192 Posts

Posted - 09/10/2008 :  18:45:08  Show Profile Send daviscfad a Private Message  Reply with Quote
well i decided to break down and buy some silver at 13.49 per ounce
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Delawhere Jack
Penny Hoarding Member



USA
515 Posts

Posted - 09/10/2008 :  19:19:10  Show Profile Send Delawhere Jack a Private Message  Reply with Quote
quote:
Originally posted by daviscfad

well i decided to break down and buy some silver at 13.49 per ounce



$13.49 WHERE, WHERE,????? I'll take all they've got!!!

"Money is the barometer of a society's virtue. When you see that trading is done, not by consent, but by compulsion...when you see that in order to produce, you need to obtain permission from men who produce nothing...when you see your laws don't protect you against them, but protect them against you...when you see corruption being rewarded and honesty becoming a self-sacrifice...you may know that your society is doomed."

Ayn Rand, from Atlas Shrugged
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JerrySpringer
Penny Collector Member



385 Posts

Posted - 09/10/2008 :  19:29:32  Show Profile Send JerrySpringer a Private Message  Reply with Quote
Game over man. The spot price on silver is just not making sense. Nobody is gonna sell @ $11/ounce. How do we get people to speculate in copper more?
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