Page 1 of 1
$30.00 a troy ounce
Posted:
Mon Dec 06, 2010 11:37 am
by Rodebaugh
Yep, just kissed it. $30 spot!
Re: $30.00 a troy ounce
Posted:
Mon Dec 06, 2010 11:45 am
by blackrabbit
Hurray!
This crazy market never fails to surprise me. I am glad I got most of mine for under 20 an ounce. I might have to sell a couple things. I figured we'd have a huge correction by now the wise silver bulls have proven correct. What say you oh wise seers, where to next
Re: $30.00 a troy ounce
Posted:
Mon Dec 06, 2010 12:09 pm
by slickeast
Well well well...where is it headed now
Re: $30.00 a troy ounce
Posted:
Mon Dec 06, 2010 12:16 pm
by Sheikh_yer_Bu'Tay
This is very exciting and scary at the same time. Exciting 'cause my long term investment is finally paying off!
Scary because the reason I made such an investment may be coming true.
Re: $30.00 a troy ounce
Posted:
Mon Dec 06, 2010 12:26 pm
by Pennysaved
Looks like around $29.75 now; maybe a little profit taking at $30?
Re: $30.00 a troy ounce
Posted:
Mon Dec 06, 2010 12:37 pm
by Devil Soundwave
Dang, and I just pulled the trigger on £440 worth of half gold sovereigns too. Shoulda got more silver.
Ah well, guess it's good to have a bit of each.
Re: $30.00 a troy ounce
Posted:
Mon Dec 06, 2010 1:40 pm
by Rodebaugh
Just picked up some Proof US 90% at $17.85 x face to celebrate the occasion from feeBay.
Re: $30.00 a troy ounce
Posted:
Mon Dec 06, 2010 1:57 pm
by Treetop
Rodebaugh wrote:Just picked up some Proof US 90% at $17.85 x face to celebrate the occasion from feeBay.
I found 4 rolls of 2004 proof halves for 17.5 when silver spiked to over 29 as well..... I love those things....
Re: $30.00 a troy ounce
Posted:
Mon Dec 06, 2010 3:19 pm
by beauanderos
Rodebaugh wrote:Just picked up some Proof US 90% at $17.85 x face to celebrate the occasion from feeBay.
Oh yeah? We're supposed to take your word? Show us some proof!
Re: $30.00 a troy ounce
Posted:
Mon Dec 06, 2010 3:49 pm
by Beau
.
Sheikh_yer_Bu'Tay wrote:This is very exciting and scary at the same time. Exciting 'cause my long term investment is finally paying off!
Scary because the reason I made such an investment may be coming true.
I think you are right if so your silver will be priceless.
.
Re: $30.00 a troy ounce
Posted:
Mon Dec 06, 2010 4:11 pm
by HPMBTT
I'm amazed that is has reached $30.00 per ounce. I got most of mine while it was still in the teens, so I'm a bit lucky. But that hasn't stopped me from buying, as I did get those ASE's recently at 23 and 27, per that cool offer advertised here (along with some local buying, plus ASE proofs and Jekyll/Peace offer). I'm now really debating whether or not, going forward, I want to take a large percentage (ie 40-60%) of any leftover takehome pay (after paying bills of course) and continue to sink it into silver (or other PMs), as I think that the economic situation is only going to get worse before it gets better. Perhaps I should leave less FRNs in the bank.
In other words: Even though PM's (and especially silver) are volatile and that the $30.00 price is high and it won't let me get/obtain many ounces, I am thinking that PMs may still be a better store of value, regardless of price. In theory, the FRN could crash or lose substantial value in a very short period of time.
Re: $30.00 a troy ounce
Posted:
Mon Dec 06, 2010 4:25 pm
by slvrbck
I must admit, this investment strategy thing is getting quite complex. . . i guess thats how its supposed to be.
Re: $30.00 a troy ounce
Posted:
Mon Dec 06, 2010 5:47 pm
by Rodebaugh
beauanderos wrote:Rodebaugh wrote:Just picked up some Proof US 90% at $17.85 x face to celebrate the occasion from feeBay.
Oh yeah? We're supposed to take your word? Show us some proof!
You want proof?.........you can't handle the proof!
http://cgi.ebay.com/ws/eBayISAPI.dll?Vi ... K:MEWNX:IThttp://cgi.ebay.com/ws/eBayISAPI.dll?Vi ... K:MEWNX:IT$20.25 x 2 = $40.50 + $4.95 shipping = $45.45 – $0.82 eBay bucks = $44.63 / $2.50 silver face =
$17.85 face ;)
Re: $30.00 a troy ounce
Posted:
Mon Dec 06, 2010 6:09 pm
by ScottyTX
Ro-De, Ro-De ohh I'm getting carried away, I almost starting sniping you the other day, better watch out
Re: $30.00 a troy ounce
Posted:
Mon Dec 06, 2010 10:37 pm
by Rodebaugh
ScottyTX wrote:Ro-De, Ro-De ohh I'm getting carried away, I almost starting sniping you the other day, better watch out
Scotty thanks for not pulling the trigger on poor ol' me. I only plan on buying 76 more sets total. After that I am out of the game.
BTW.....my buds in d-school called me rodie......heck even my close profs called me that. Brings back very fond mems.
Re: $30.00 a troy ounce
Posted:
Mon Dec 06, 2010 10:51 pm
by Rodebaugh
Wait a second scott..........you haven't purchased anything from the Bay since OCT! Time to dust off that eBay account brother and get some coin.
http://feedback.ebay.com/ws/eBayISAPI.d ... llFeedback
Re: $30.00 a troy ounce
Posted:
Mon Dec 06, 2010 11:07 pm
by Roadrunner
Sorry to rehijack the thread back to the original topic, but I am amazed how the "crazy silver prophets" predicting $30 by Christmas were right!
$30.20 right now and still plugging higher! Cheers!
Re: $30.00 a troy ounce
Posted:
Mon Dec 06, 2010 11:15 pm
by ScottyTX
I'm too busy screwing ov..... I mean giving people their money's worth on Craigslist
JK I do most of my buying these days from individuals and most of the time its very easy to beat the competition's prices, dang crooks I tell you. I try my hardest to stay away from FeeBay. Those proof rolls sure do look pretty though.
Re: $30.00 a troy ounce
Posted:
Mon Dec 06, 2010 11:18 pm
by Rodebaugh
Roadrunner wrote:Sorry to rehijack the thread back to the original topic, but I am amazed how the "crazy silver prophets" predicting $30 by Christmas were right!
$30.20 right now and still plugging higher! Cheers!
No....by all means thats what the thread was started for.
Yes, it is nuts we are setting at $30 and change and still climbing. I would love to see a 6-7 week sideways trade before it runs on up to $35.
I guess thats the next question. Where do we go from here? I speculate higher to $35.00. If those paper shorts start turning too sour it could happen pretty fast.
Re: $30.00 a troy ounce
Posted:
Mon Dec 06, 2010 11:59 pm
by Market Harmony
Rodebaugh wrote:Roadrunner wrote:Sorry to rehijack the thread back to the original topic, but I am amazed how the "crazy silver prophets" predicting $30 by Christmas were right!
$30.20 right now and still plugging higher! Cheers!
No....by all means thats what the thread was started for.
Yes, it is nuts we are setting at $30 and change and still climbing. I would love to see a 6-7 week sideways trade before it runs on up to $35.
I guess thats the next question. Where do we go from here? I speculate higher to $35.00. If those paper shorts start turning too sour it could happen pretty fast.
only $35?
Re: $30.00 a troy ounce
Posted:
Tue Dec 07, 2010 2:08 am
by Rosco
going for a few OZ on Thursday pm Friday Am when some FRNs come in hope for small drop to say $29.25 by then
Re: $30.00 a troy ounce
Posted:
Tue Dec 07, 2010 9:47 am
by TXBullion
Rodebaugh you are a genious with the proof sets. It really put me to ease buying silver at 20 face (since It was shiny proof silver)