$30.00 a troy ounce

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$30.00 a troy ounce

Postby Rodebaugh » Mon Dec 06, 2010 11:37 am

Yep, just kissed it. $30 spot! :o

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Re: $30.00 a troy ounce

Postby blackrabbit » Mon Dec 06, 2010 11:45 am

Hurray! :D 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 :?:
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered....The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
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Re: $30.00 a troy ounce

Postby slickeast » Mon Dec 06, 2010 12:09 pm

Well well well...where is it headed now
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Re: $30.00 a troy ounce

Postby Sheikh_yer_Bu'Tay » Mon Dec 06, 2010 12:16 pm

This is very exciting and scary at the same time. Exciting 'cause my long term investment is finally paying off! :D Scary because the reason I made such an investment may be coming true. :shock:
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Re: $30.00 a troy ounce

Postby Pennysaved » Mon Dec 06, 2010 12:26 pm

Looks like around $29.75 now; maybe a little profit taking at $30?
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Re: $30.00 a troy ounce

Postby Devil Soundwave » Mon Dec 06, 2010 12:37 pm

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.
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Re: $30.00 a troy ounce

Postby Rodebaugh » Mon Dec 06, 2010 1:40 pm

Just picked up some Proof US 90% at $17.85 x face to celebrate the occasion from feeBay.
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Re: $30.00 a troy ounce

Postby Treetop » Mon Dec 06, 2010 1:57 pm

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.... :D
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Re: $30.00 a troy ounce

Postby beauanderos » Mon Dec 06, 2010 3:19 pm

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! :mrgreen:
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Re: $30.00 a troy ounce

Postby Beau » Mon Dec 06, 2010 3:49 pm

.
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! :D Scary because the reason I made such an investment may be coming true. :shock:



I think you are right if so your silver will be priceless.


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my old feedback

viewtopic.php?f=32&t=446

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Re: $30.00 a troy ounce

Postby HPMBTT » Mon Dec 06, 2010 4:11 pm

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.
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Re: $30.00 a troy ounce

Postby slvrbck » Mon Dec 06, 2010 4:25 pm

I must admit, this investment strategy thing is getting quite complex. . . i guess thats how its supposed to be.
Soooo... Is it just me or is a chart of US debt looking dangerously parabolic?
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Re: $30.00 a troy ounce

Postby Rodebaugh » Mon Dec 06, 2010 5:47 pm

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! :mrgreen:


You want proof?.........you can't handle the proof! :lol:


http://cgi.ebay.com/ws/eBayISAPI.dll?Vi ... K:MEWNX:IT
http://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 ;)
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Re: $30.00 a troy ounce

Postby ScottyTX » Mon Dec 06, 2010 6:09 pm

Rodebaugh wrote:
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! :mrgreen:


You want proof?.........you can't handle the proof! :lol:


http://cgi.ebay.com/ws/eBayISAPI.dll?Vi ... K:MEWNX:IT
http://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 ;)



Ro-De, Ro-De ohh I'm getting carried away, I almost starting sniping you the other day, better watch out :)
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Re: $30.00 a troy ounce

Postby Rodebaugh » Mon Dec 06, 2010 10:37 pm

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.
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Re: $30.00 a troy ounce

Postby Rodebaugh » Mon Dec 06, 2010 10:51 pm

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
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Re: $30.00 a troy ounce

Postby Roadrunner » Mon Dec 06, 2010 11:07 pm

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!
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Re: $30.00 a troy ounce

Postby ScottyTX » Mon Dec 06, 2010 11:15 pm

Rodebaugh wrote: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


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.
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Re: $30.00 a troy ounce

Postby Rodebaugh » Mon Dec 06, 2010 11:18 pm

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.
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Re: $30.00 a troy ounce

Postby Market Harmony » Mon Dec 06, 2010 11:59 pm

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? ;)
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Re: $30.00 a troy ounce

Postby Rosco » Tue Dec 07, 2010 2:08 am

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 :mrgreen:
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Re: $30.00 a troy ounce

Postby TXBullion » Tue Dec 07, 2010 9:47 am

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)
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