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Bullion Investing Discuss gold, silver, platinum and other metals sometimes formed into coins and sold as investments.

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Old 09-07-2009, 12:33 PM   #1 (permalink)
jasmine
 
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Next step silver - over $20.00

silver to go up over $20.00 an ounce. can that be? for me. it will. since gold predicted to be around $1,300.00 to $1,500.00 per ounce. i think it will certainly pass $20.00. approve or against. give your opinion.

history of silver: (london)
2004 --- $6.8150
2005 --- $8.8300
2006 - $12.9000
2007 - $14.7600
2008 - $10.7900
2009 - $15.9500 (as of sept 4)

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Old 09-07-2009, 01:15 PM   #2 (permalink)
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Sure hope so. It may take some time though to shake out.
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Old 09-07-2009, 04:41 PM   #3 (permalink)
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Quote:
Originally Posted by elaine 1970 View Post
silver to go up over $20.00 an ounce. can that be? for me. it will. since gold predicted to be around $1,300.00 to $1,500.00 per ounce. i think it will certainly pass $20.00. approve or against. give your opinion.

history of silver: (london)
2004 --- $6.8150
2005 --- $8.8300
2006 - $12.9000
2007 - $14.7600
2008 - $10.7900
2009 - $15.9500 (as of sept 4)
Oh yes, it will hit $20 an ounce again. Just exactly when though? I don't believe this month it will, but anytime afterwards is very possible.
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Old 09-07-2009, 08:10 PM   #4 (permalink)
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currently silver bid $16.32 ask $16.36. while gold bid $995.60 ask $996.60.
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Old 09-07-2009, 08:18 PM   #5 (permalink)
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we saw 20$ per once last summer maybe by winter
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Old 09-07-2009, 08:20 PM   #6 (permalink)
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it will be near or soon. as long as gold break the $1,000.00 mark.
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Old 09-07-2009, 11:54 PM   #7 (permalink)
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i think $17.00 is the price within this week.
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Old 09-08-2009, 12:47 AM   #8 (permalink)
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When you look at some of the old Gold/Silver ratios from the past it seems like it takes way too much silver now to equal an oz. of gold.
Don't know why that is but silver has some catching up to do.
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Old 09-08-2009, 06:11 AM   #9 (permalink)
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silver high so far is $16.87 per ounce.
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Old 09-08-2009, 10:32 AM   #10 (permalink)
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if gold close this year at $1,300.00 and next year at $1,650.00. then i predict silver should be around $24.00 for this year and $33.00 for next year.
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Old 09-08-2009, 11:12 AM   #11 (permalink)
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I hope we have a nice dip, so I can buy some more. My silver stack is not high enough.

Why the gain for PMs now?
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Old 09-08-2009, 11:31 AM   #12 (permalink)
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me too. i wish it will go down. but right now, the situation might not be the same with the previous one. let's just hope it will go down and we can buy it again.
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Old 09-08-2009, 11:51 AM   #13 (permalink)
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Then you have to ask yourself, if you didn't buy the silver you wanted the last time it dipped, what makes you think you will the next time? Buying when prices are falling hard isn't always easy to do.
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Old 09-08-2009, 12:00 PM   #14 (permalink)
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Right now I am a steady, but slow buyer - with a small stack of silver.

Perhaps if I had a lot more silver, I would weigh the options whether I should buy more, or wait. But that is not the case.

For me, I just hurts when the prices rise fast. I will still buy, but I will just be able to buy less.

I am not buying for the short-term.
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Old 09-08-2009, 12:00 PM   #15 (permalink)
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well. i stock a lot of silver and gold. no need to buy during 2009. gold mostly unc AGE fractional dated 2006w to 2008w. and am buffalo fractional proof and unc dated 2008. i don't have any gold dated before 2006. while silver were all collected and bought during 1970's to 1994. since then. i never buy silver coins. from 2005 to present time. i bought a lot of us.mint non silver products. like proof set, rolls and so forth.
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