silver closing in on $27 an ounce today

I have about 4,000 pennies at home. I was going to bring them to the bank years ago just to get my $40 bucks and get it over with since I don't like having all this loose change around. They are all rolled up too....took a long time!!

Isn't copper going up now? Maybe I should hold....

 

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man i remember unloading a bunch about 6-7 months ago at $20/oz thinking i was making good money. gotta see what i have left

 

I bought 15oz last night at $26.70/oz and look what happened today! I'm happy

 

Others may not like what I'm about to say but I'm hoping for a several dollar dip so I can purchase more before the run up to $30 w/o premium.

 

I don't mind a dip, I say let's do it! I'm not going to sell on the dip, I'd buy....the price will eventually go up anyways.....

 

I would like there to be a dip as well so I can purchase another 20 or so ounces. I was thinking about investing 500 or so in silver maybe 2 weeks ago when it was around 22 an ounce now I regret not pushing myself to go out to the local jewelry store and purchasing it. Oh well I am still going to invest 300 dollars in some silver in the near future...

 

now silver is $27.92.

 

I wouldn't say this rise in PM prices is moving slowly. This is the craziest it's been since I've been since I've been monitoring!

 

I might be buying some silver on Tuesday.....I have a strange feeling that this frenzy is not done, and that Wed. silver will continue to shoot up. Either way I too could use a good dip for at least a couple of days to acquire some more.

 

Silver just reached $28.02 for the high

 

hello $28

Still hoping for the dip

 

You're right. I remember when silver would take forever to break out of $16...then when it would hit $17 it would quickly drop back to $16...I was really beginning to rethink the whole silver thing just because it wasn't moving, even with all the bad things occuring in our economy.

Now it's almost ready to DOUBLE.....once it hits $30 it only needs $2 more dollars....

silver and gold, it kinda feels a little insane right now. Kinda scary to be honest with you because I do want to purchase more but I just don't know what to think about these prices right now.....

 

There is a serious problem with the value of our currency call me crazy I am going to be converting all my paper money into Copper pennies, silver and other precious metals sell if you want but now is the time to buy before the real hyperinflation hits.


This I quote from http://www.damego.com/gold-price-above-1400-per-ounce

Call me paranoid but Huston we have a major problem. Gold and silver are not suppose to rise this quick in a couple of weeks watch as the price continues to rise.

The issue is not that Gold and Silver are more valuable, it true problem is that our currency is worth less.

 

gold $1,414.20
palladium 718.00
silver 28.02

 

No need to worry. It's just inflation finally taking a toll on the market. IMO silver and gold should've been this high a couple years ago.

As of November 8, 2010 9:42 PST and 12:42 EST, silver is now trading at $28.09.

Come on baby!

 

I have sold a few rolls of quarters on eBay as the prices has risen. One every week or so, nothing when the prices have fallen. BUT I learned that the one of the bullion dealers that advertise on this site hasn't got any Washingtons available. So that makes me think perhaps I should hang onto all mine for awhile yet ?

Besides I just went 13-0 in a NFL contest here in Vegas this week. Maybe that will pay well enough I won't need to ? lol

 

gold $1,415.80
palladium 722.00
silver 28.22

 

So Gold to Silver ratio is about 50 now.
If it was to be a 30 ratio we'd have silver at $46 today...think we can get there?

 

Here's an idea.
Metals are going up because of inflation...sure.
But could a country or country's be stocking up to switch back to a metal based currency?

 

I think it will settle in the 60 range. Mines should be going all out right now with this jump. After all they showed a profit at 7. This has to be a big boon.