| Author |
 Topic  |
|
|
hector6man
Penny Pincher Member
USA
129 Posts |
 Posted - 04/18/2009 : 16:50:49
|
If you could control the price of Silver, how much would it be worth in your opinion and why?
Remember that we have a 12 going to 18 trillion dollar debt as a nation! I will start by saying Silver, in my opinion, should be at $135 an ounce. Due to the debt of the nation and because we are in a Recession.
|
"Ninety-nine percent of the failures come from people who have the habit of making excuses." -George Washington
|
|
|
Neckro
1000+ Penny Miser Member
Saudi Arabia
2080 Posts |
Posted - 04/18/2009 : 16:53:43
|
| I say free, Since silver is a natural resource produced by the planet. It should be shared with all its inhabitants. |
Trolling is an art. |
 |
|
|
Tourney64
1000+ Penny Miser Member
USA
1035 Posts |
Posted - 04/18/2009 : 18:45:14
|
| Silver is an industrial metal, and used in jewelry. The recession will hurt the price. Also I read that 60% of the silver supply comes as a by-product of copper production. I would expect the price of copper and silver to go opposite directions. Silver should be no less than $50/oz, given the supply issues I've read about, and could easily top $100 if the economy recovers. |
|
|
|
Silver Surfer
Penny Pincher Member
USA
148 Posts |
Posted - 04/18/2009 : 19:20:48
|
quote:
Originally posted by Neckro
I say free, Since silver is a natural resource produced by the planet. It should be shared with all its inhabitants.
Sounds great if all of the planet's inhabitants also share the costs necessary to mine the silver. |
"Of all tyrannies, a tyranny exercised for the good of it's victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busy-bodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end, for they do so with the approval of their own conscience." - C.S. Lewis |
|
|
|
misteroman
Administrator
USA
2565 Posts |
Posted - 04/19/2009 : 00:50:15
|
| and actually worked to achieve the reward of owning it |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
|
|
| |
Topic |
|
How much should Silver be...?
Forum Locked
