...and down she goes!

The markets for both Gold and Silver seem way over sold, but I suspect that may be the result of a stock "short squeeze". If stocks take a breather, you may see money flow back into commodities...until stocks start their next leg up.

 

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Wow, I had not checked today...

I thought I got a deal at 30, did not buy at 25, may buy if it goes to 20...



Or NOT!!!!

 

Silver's finished. Just wait until they stop QE.

 

"the low for today is 20.215 according to Forex or 20.23 according to Kitco." -teapot

 

Worst case scenario? No offense, but being a relative noob to collecting and short on funds, I would love for silver to drop that low so I could buy more of it. Of course it wouldn't be fun to sell it then...

 

Would be freaking awesome if silver went down to 5 bucks.. It's just fun to have a lot of it.. and then I could!

 

You do remember what site you're on, don't you?

 

$5 silver by the end of 2014

 

Scyther, calm down and quit with the suggestive language. I don't care what your age is, you need to stop.

 

are these the same ones that said 100 by 01/01/13

 

That would be awesome. I've always wanted a 1,000 ounce bar.

 

The outlook for our economy is better, but let's not forget that the fundamentals haven't really changed. We're still nearly 17 Trillion in debt and the best solution the Government has come up with is to print our way out...

 

Whoah, all my posts are gone and stuff! You didn't have to delete it bro! I made some good points! Namely this-if you have a large amount of gold or silver, and want higher prices, and have staked your livelihood on PM prices coz metals r money, then you are doomed!

Sell!!!!!!!!

 

21.64, good time to buy bullion and Morgan's

 

Great time to buy.

 

Maybe you did, but until you follow the rules of the forum, nothing good is going to happen. If you think the mods are going to continue editing your posts, you are wrong, as once should be enough. If you want to continue to be heard, change your language. I wouldn't have answered publicly except you made it somewhat personal. Jim,

 

I'll probably be stalking Ebay today to see what I can get close to melt/spot.

 

Great time to buy...where? Last time silver took a big tip, everyone online was OUT. O U T OUT.

 

Interest, depreciation, fixed overhead and a multitude of other expenses are incurred whether a mine is operating or not. As long as production from a mine covers variable inputs and produces revenue to make a contribution to pay some or all of the above costs it will continue to operate. Although $17 may theoretically be the cost to extract a troy ounce once the sunk costs are adjusted out the contribution point may be well below this amount.

 

There is always metal to be had, you can get 1 oz rounds at Provident Metals for 1.49 over spot in any quantity.

Tulving, Apmex, and others also have silver in stock.