Up about as much the last two days as my after tax portfolio, (aka "fun money"). Silver has really been acting lately like a stock with a beta of about 2.2.
It's been hovering around $28.50 for sometime now, and it's really only up about a $1 since yesterday's price of $28.53.
I was down at the local B&M and there was no stampede for the ASE bullions they have, at $4.50 over spot.
It sounds just like the big rally in the 1980's. For us that remember that rally we sure made money when silver hit over forty and everyone one said to buy and a few weeks later it was in the twenty dollar range. Then it dropped to $4 or so for around twenty years. Think before you buy and buy smart. My personal investing is 20% in bullion, 30% in rare key date coins or condition rarity coins NGC or PCGS graded. No matter what you do, have fun with your collecting. Jim
Hmmm, I kinda wish I would have been alive for that. I do remember, though, silver toppling from about $40 to $27 in 3 or 4 days.
