$40.00!!!!!!
Posted: Fri Apr 08, 2011 12:23 amI just watched spot hit $40.00!!!
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Posted: Fri Apr 08, 2011 12:23 amRe: $40.00!!!!!!
Posted: Fri Apr 08, 2011 12:31 amwooohooo!! let's see if it gets knocked down when the US market opens in the morning
Re: $40.00!!!!!!
Posted: Fri Apr 08, 2011 12:34 am
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Posted: Fri Apr 08, 2011 1:26 amSilver to the moon! 
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Posted: Fri Apr 08, 2011 1:33 amHoly smokes! What a ride!!
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Posted: Fri Apr 08, 2011 1:51 amIf JPMorgan is asleep tomorrow we could see $41 
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Posted: Fri Apr 08, 2011 1:54 amthings are getting scary
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Posted: Fri Apr 08, 2011 6:30 am$40.32!!!!!!!!!
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Posted: Fri Apr 08, 2011 7:25 amgeewhzz wrote:things are getting scary
Not yet... At this point we're still dealing with basic inflation and price correction of an undervalued in-demand commodity. Scary will be $100+, which would indicate that the world economy would be widely acknowledged to be out of control, with no return short of total collapse and re-build. As country notes in the main thread on this, at some point soon it could go exponential. At that point there will be no silver sellers, and price will go exponential literally overnight. Rates of increase will change from the previous 1% per month and the now 1% per week, to 1% per hour, to 1% per minute. At some point in the middle of this the economy will have collapsed.
(I'm not cheering this on at that point, because that means TSHTF.)Re: $40.00!!!!!!
Posted: Fri Apr 08, 2011 7:46 amI wonder how many people were thinking - "When it hits $40, I'm selling it all.!! " And just the reverse a lot of people are going to see Silver at $40 and think - "I'd better buy now..!! "If silver closes over $40 today, it might be an interesting weekend to watch on TheBay.
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Posted: Fri Apr 08, 2011 7:57 amJust in time for my 5oz hockey pucks to arrive. Cant wait to see them tonight.
Re: $40.00!!!!!!
Posted: Fri Apr 08, 2011 8:36 amTN-DAVE, you're right, some will buy, some will sell. I will continue to buy, lets see if i can still find Peace/Morgans at 32 a pop.
Re: $40.00!!!!!!
Posted: Fri Apr 08, 2011 8:51 ammr18 wrote:TN-DAVE, you're right, some will buy, some will sell. I will continue to buy, lets see if i can still find Peace/Morgans at 32 a pop.
I would love to still be buying right now but I've had car, stove and mower repairs in the past 3 weeks or so. I also bought a nice little stash of silver from a family member that I'm having to save up some $$ for. But I've almost got all this paid for and I'll be back in the game and still buying in a few weeks.
Re: $40.00!!!!!!
Posted: Fri Apr 08, 2011 9:00 amtn-dave wrote:I wonder how many people were thinking - "When it hits $40, I'm selling it all.!! " And just the reverse a lot of people are going to see Silver at $40 and think - "I'd better buy now..!! "If silver closes over $40 today, it might be an interesting weekend to watch on TheBay.
What does it mean when you are both of these people!?
Re: $40.00!!!!!!
Posted: Fri Apr 08, 2011 7:44 pmI am both. I will be forced to buy in smaller quantities. I will forever BOLO for foreign coins, Engelhardt, JM and Pamp in a distress sale.