Realcent.org

Base Metal & Precious Metals Forum

Skip to content

Silver $16.69?

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

Please Note: These articles are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.
Post a reply

Silver $16.69?

Postby rexmerdinus » Thu Oct 06, 2011 8:21 am

http://www.kitco.com/scripts/commentary ... 052011.pdf

Neil already mentioned silver going significantly further down. Admittedly, I've been up all night at work, and I never really learned much about market technical stuff. Comments? Thoughts?
My beer and homebrewing blog: http://alemongery.blogspot.com
My wine and winemaking blog: http://connoisseurscorner.blogspot.com
rexmerdinus
Penny Collector Member
 
Posts: 486
Joined: Tue Apr 20, 2010 3:00 pm
Top

Re: Silver $16.69?

Postby morris14ccm » Thu Oct 06, 2011 9:46 am

I don't think it will go that far, at least not anytime soon. Low $20s wouldn't surprise me though. We'll see October 13th, that's what I'm saving up for.
User avatar
morris14ccm
Penny Sorter Member
 
Posts: 99
Joined: Wed Sep 21, 2011 11:26 pm
Location: Connecticut
Top

Re: Silver $16.69?

Postby aristobolus » Thu Oct 06, 2011 4:35 pm

If the Euro goes down (in flames), and the U.S. Dollar goes significantly higher; then perhaps for a time this could occur. But long term fiat is fiat, only God can create something out of nothing; and make it last unto ages of ages.
User avatar
aristobolus
Penny Collector Member
 
Posts: 435
Joined: Thu Mar 04, 2010 10:00 am
Top

Re: Silver $16.69?

Postby Mossy » Thu Oct 06, 2011 5:01 pm

PMs went up back when Alaska PFD committee wanted to buy PM. PFDs will be issued today and tomorrow. Alaskans will be buying gold and silver. Hmmm. "Which way will PMs go for the next week?"
Mossy
1000+ Penny Miser Member
 
Posts: 1764
Joined: Mon Feb 14, 2011 6:45 pm
Top

Re: Silver $16.69?

Postby blackrabbit » Thu Oct 06, 2011 5:02 pm

If I thought it would get anywhere below 20 I'd sell all I had right now. It is nice to see a little upward movement with today ending at 32.
"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."
-Thomas Jefferson
User avatar
blackrabbit
Post Hoarder
 
Posts: 2360
Joined: Tue Aug 17, 2010 3:00 pm
Location: Colorado
Top

Re: Silver $16.69?

Postby fb101 » Thu Oct 06, 2011 9:09 pm

not likely we'll ever see silver under 20 again.
User avatar
fb101
Too Busy Posting to Hoard Anything Else
 
Posts: 4039
Joined: Mon May 05, 2008 3:00 pm
Location: Phila suburbs
Top

Re: Silver $16.69?

Postby Thogey » Thu Oct 06, 2011 9:31 pm

Too bad. I'd love to see silver drop below 20 for a few years.

I love cheap silver. It's easier to stack!
If I have the gift of prophesy, and know all mysteries and all knowledge, and if I have all faith, so as to move mountains but do not have love I am nothing. And if I give all my possessions to feed the poor, and if I surrender my body to be burned but do not have love it profits me nothing.
User avatar
Thogey
Too Busy Posting to Hoard Anything Else
 
Posts: 8505
Joined: Sun Dec 06, 2009 3:00 pm
Top

Re: Silver $16.69?

Postby Thogey » Fri Oct 07, 2011 10:18 pm

Adding to the stack again today
I can only hope we have another shot at 10-20 dollar silver. I fondling a new pile now, cheap, and it feels good.
If I have the gift of prophesy, and know all mysteries and all knowledge, and if I have all faith, so as to move mountains but do not have love I am nothing. And if I give all my possessions to feed the poor, and if I surrender my body to be burned but do not have love it profits me nothing.
User avatar
Thogey
Too Busy Posting to Hoard Anything Else
 
Posts: 8505
Joined: Sun Dec 06, 2009 3:00 pm
Top

Re: Silver $16.69?

Postby 0000PaleHorse0000 » Fri Oct 07, 2011 10:41 pm

I hope that silver gets to the 20's. I just bought 2 ASEs at $71.50 today. I would love to tell my wife that it's worth budgeting for silver ounces in the 20's. I'm already having a hard enough time as it is, but I keep telling her to think "Long Term".
"I looked, and there was a pale horse! Its rider's name was Death, and Hades followed him."
0000PaleHorse0000
 
Posts: 29
Joined: Wed Sep 07, 2011 7:02 am
Top
Post a reply

Return to Silver Bullion, Gold, & other Bullion Metals

Who is online

Users browsing this forum: No registered users and 61 guests

Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group