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Looks like all PM's are taking off today...i wonder where they will land?

Too early to tell where it will land, i'll have to check the spot prices later today.

Overall Silver is still on an upward trend, should've bought more when it was cheaper.

Seems like it's frequently at it's highest at the open, before The Boyz bring it down. But incremental gains are fine by me, we don't have to pop to the upside all at once. Go Silver!

I was able to pick up 4 oz. yesterday. 2 coins and 2 bars for 28.40 each!!!!!

More unemployment reported this morning (9.8%) = more government spending = weaker dollar = $30+ SILVER REAL SOON.

GOLD $1408 - SILVER $29.27; BOTH CLIMBING HIGHER...

Country wrote:More unemployment reported this morning (9.8%) = more government spending = weaker dollar = $30+ SILVER REAL SOON.

GOLD $1408 - SILVER $29.27; BOTH CLIMBING HIGHER...

Agreed!

I just don't think it will hold at these prices. I think it will drop to the low 20's just as fast as it jumped up.

slickeast wrote:Looks like all PM's are taking off today...i wonder where they will land?

Hopefully in my stash! Can't wait to break $30 then its off to the races... I think its still a great time to buy. Its funny to think back to $10 and $15 silver... Many wouldn't think of buying at $20±. You'd be ahead of the game though if you did.

I wasn't informed enuf to buy silver cheaper.
i say cheaper, because even tho my silver buys are averaging 20x,
i think it's going way higher.
in case my family ever has to cash it in without me,
i'm putting notes in with it,what it is, what i paid what the ten dollars
that i spent on halves would have bought at the time,
ie. a movie ticket or 5 loaves of bread etc.

I like that idea oneguy. . . especially for those guys who bury the stuff or hide it in their walls.

By the way silver is consistently selling for over 30$ on feebay this evening!!!

slickeast wrote:I just don't think it will hold at these prices. I think it will drop to the low 20's just as fast as it jumped up.

15-20 would be awsome. These high prices are painful. I'm still buying though.

It's a compulsion. I feel like there in no choice, except for copper hoarding.

I remember about six mths ago a guy at work told me not to worry, gold would soon be back down aroud 600$. I didnt believe him then and I really dont think we will ever see 15$ silver ever again.

slvrbck wrote:I remember about six mths ago a guy at work told me not to worry, gold would soon be back down aroud 600$. I didnt believe him then and I really dont think we will ever see 15$ silver ever again.

Whenever I hear this opinion from people they always refrence the PM run up of 1979-1980.

I used to think Silver would make 30 by end of year and then collapse back to the teens, I think the range will be higher, but I'm giving up on predicting the range.

I have to admit - this has been one nice uptrend for SILVER. I haven't seen anything like this in 30 years. It seems as if PMs have been smartly consolidating near each high point, letting the overbought excess abate, and then GOLD and SILVER seem to be making another move up. It's a nice secular bull pattern. It's sort of like getting used to 10X face, then 15X face, and now 20X face. Will we get used to 30X face or 50X face in the next year, just as we got used to 10X and 15X face? It's going to be interesting. The exponential rise has yet to be....

Thogey wrote:

slickeast wrote:I just don't think it will hold at these prices. I think it will drop to the low 20's just as fast as it jumped up.

15-20 would be awsome. These high prices are painful. I'm still buying though.

It's a compulsion. I feel like there in no choice, except for copper hoarding.

$15 silver and I think I'll start selling some properties and stockpiling for sure