never seen silver rise so fast $24.31

Discussion in 'Bullion Investing' started by GreatWalrus, Apr 25, 2013.

  1. coingeek12

    coingeek12 Well-Known Member

    I wish.
     
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  3. medoraman

    medoraman Supporter! Supporter

    Not if you had a salary of let's say $3000 a year.

    Everything is relative, and silver and gold is not much more expensive, if at all, than it was in the 50's. An ounce of gold is, and has been, around a week's pay for a middle class worker. That is the appeal, it should keep up with inflation. The downside? It should keep up with inflation.
     
  4. Revi

    Revi Mildly numismatic

    We have been holding at around $24 for the past 3 or 4 days now. I still don't know what that means, but it's nice to have it stay at this price for a little while.
     
  5. Slider

    Slider Member

    I'm beginning to think that $24-$25 silver is the new normal. Once physical inventory catches up and the "fire sale" buying levels off, there doesn't appear to be much of a catalyst for sharp swings on the immediate horizon.
     
  6. sodude

    sodude Well-Known Member

    Wow, silver's falling. I've never seen silver fall this fast. Not in the past few days anyways.
     
  7. yakpoo

    yakpoo Member

  8. Taxidermist

    Taxidermist Collector of US/IL/RU/DE

    Never seen silver so between $23.00 and $24.50 :dead-horse:
     
  9. hemi1500

    hemi1500 Member

    A silver quarter today CAN buy a gallon of gas at $3.69
     
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