tracy5900

can you explain it in more detail?.

tracy5900

silver $8.55 sorry for those who keep selling it. gold at $504.90. (london)

julzboi661

okay guys, silver broke 8.55 today, that junk is going to go through the roof. Believe you me, silver will be at 80.00 an ounce in 2012, or maybe before. Buy all you can in the mean time.

happycobra

Shoot, why wait? I’ll sell you 2lbs of the stuff today for $80/oz.

julzboi661

hah, thanks for the offer, but i have probably 10-100oz bars with my uncle. i'm going to make a killing because i payed $7000 total for the bars at 6.50 silver price

Indianhead1990

its up 25 cents. I think the reason is that gold is starting to get too expensive for some people, so they are turning to silver, like me

lawdogct

I shudder to think of the inflation that would be involved to get silver to $80 oz in the next 6 years.

2006 US Mint collector sets are definitely going to be more expensive next year if the trend continues. I don't even want to consider what the new 24K gold coin will cost

So....good for you bullion investors....bad for us coin collectors.

julzboi661

let me say first and foremost that i am in coins for the longrun. let me also say that bullion is a DEFINATE plus in silver country. it would do us all good to get a 100 oz bar.

TOLS196024

Allow me to throw in my two cents. I place silver and coins in two different catagories. While most of my silver holdings are in "junk" silver coins, these are completely seperate from my coin collection. No matter what price silver jumps to, my coin collection doesn't get sold for melt. That being said, at only $8.50, I think that silver still has a LOT of Bull left in it!

tracy5900

silver and gold will able to hold at high price in asia. silver traded at $8.55 and gold at $505.00. while platinum at $1,002.00. silver might hit $9.00 for the first time after so many years. at $9.00 per ounce. american silver eagle b.u. bulk rate will be selling at $11.50 for the common one and single piece retail price as much as $13.50 maximum. common date high mintage 5 pc statehood silver quarters (without sleeves & c.o.a) minimum selling price should be $17.15 instead of $14.95 a set. while that of modern commemorative common date silver dollar should be worth $14.00 instead of dumping at $10.00 a piece.

tracy5900

silver hit $8.60 an ounce while gold climbed to $505.60. both passed a new recent high.

julzboi661

recent? thats the highest its ever been in my life time.

The_Cave_Troll

you must be awefully young then. I am relatively youthful (in coin collecting terms, anyway) and silver has been 4 times as high as it is now in my lifetime (early-to-mid-eighties).

__________________
"From time to time the Tree of Liberty must be refreshed with the blood of Patriots and of Tyrants."
-Thomas Jefferson

tracy5900

silver closed this week at its best. bid $8.55 ask $8.58 an ounce. and reached high at $8.60. hopefully it will continue to break $10.00. those low- price modern commemoratives, american eagle bu dollars as well as silver proof such as statehood quarters will be adjusted to a higher price accordingly. do not sell it at old prices.

julzboi661

i'm telling you guys.. 80.00 an ounce in 2012..