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Ardent Listener
Administrator
USA
4841 Posts |
 Posted - 11/21/2008 : 17:24:45
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Gold is back over $800 again and silver closed over $9.60.
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Think positive. |
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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 11/21/2008 : 19:54:16
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| Were getting back up there...these next few weeks are going to be interested with the comex contracts all expiring |
Copper Penny Investing
www.portlandmint.com |
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fb101
Administrator
USA
2856 Posts |
Posted - 11/21/2008 : 21:27:03
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| I was thinking we're getting a base in metals. I expect things to sink slowly from here, end then.... up, up and away as the paper price starts to find the trading price. |
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oober
1000+ Penny Miser Member
USA
1304 Posts |
Posted - 11/21/2008 : 23:17:19
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| I need to stay down for about 2 more mo... Sorry guys... I don't want to pay too much right now!!! |
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Computer Jones
1000+ Penny Miser Member
USA
1112 Posts |
Posted - 11/22/2008 : 01:09:02
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Silver is worth at least $15/oz FRN's right now today, probably more like $18-$20/oz.
Just wait a couple moths and it will hit $50/oz and sky rocket from there!
There is not enough Ag above ground to satisfy the current world wide demand.
Stay in for the log haul!!!!
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There's profit if you melt things!!
8{> |
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n/a
deleted
13 Posts |
Posted - 11/22/2008 : 10:00:15
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| I noticed the 11:00am mystery selloff didn't occur on friday as usual! I wonder if that's over with? |
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JerrySpringer
Penny Hoarding Member
669 Posts |
Posted - 11/22/2008 : 10:44:38
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| Just placed an order on ebay for an ASE for the wife. You all can find the auction easily. The seller has a BIN @ 17.49, free shipping, and I have a 10% coupon. Here is the thing. We went on our day off together to the coin shop and they want $21 per an ASE now. Figure time and gas money and all that, it serves us better to just buy stuff online (fingers-crossed) and keep searching banks for the silver. Something inside me says that silver prices are going to do something radical soon. Which way I do not know, but this market is not very re-assuring. Maybe the veteran collectors and metal laypeople here can decipher what is happening. |
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rodzm
Penny Pincher Member
USA
143 Posts |
Posted - 11/22/2008 : 10:55:09
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| Ive been frantically buying gold and silver at every chance I get, Ive even sold some of my vintage toys as well. I got burned in the stock market to the tune of $12K so my investment plan is PM's and bonds. |
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JerrySpringer
Penny Hoarding Member
669 Posts |
Posted - 11/23/2008 : 17:42:08
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| Ebay seller has increased the BIN auction price from $17.49 to $17.79. I think they are testing the waters to see how high they can take it. What do you all think? |
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Nickelless
Administrator
USA
5580 Posts |
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JerrySpringer
Penny Hoarding Member
669 Posts |
Posted - 11/24/2008 : 22:53:50
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| Ebay seller has increased the BIN auction price from $17.79 to $17.99. If silver breaks out to $11 or more this week, I shudder to think what my local coin shop will charge on ASEs. |
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Computer Jones
1000+ Penny Miser Member
USA
1112 Posts |
Posted - 11/25/2008 : 00:05:26
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David Morgan is right on.
Ted Butler and Ira are too.
Stay in for the long haul and wait for historical (Biblical?) ratios of PM's to come back into line then reposition as you see fit! |
There's profit if you melt things!!
8{> |
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Gold over $800 silver up too
Forum Locked
Have you been reading David Morgan's columns?:
