Silver is Now 15.96 Dollas an Ounce

It's just too bad you aren't right.......as in South Pole.

Chris

 

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Bingo. I'm gonna pawn the cavalier if gold breaks $1000.

 

Quit rubbing it in!

 

15.85. Looks like that falling knife hasn't stuck in the ground yet.

 

Thanks for the update. I had no idea where to find out the price of silver.

 

Mehbe homie need dis in his favits list: http://www.merriam-webster.com/

 

Actually once silver hits the $10.00 mark a 30% drop is only $3.00.

 

I'm sorry, but only ignorant people talk & write that way.

 

Both ignorant and knowledgeable people can put on a dialect for effect. I find it a bit annoying, but I've had to learn to put up with all sorts of annoying things on the Internet. I'd rather talk about the subject at hand than focus on that particular sort of bait.

 

You know guys, this is not about how we talk, get real this is about the thread about silver, who give's a darn about whether there is a "R" or not, this is Coin Talk, not Speak Talk

Kim

 

...and yet most of this thread has focused on dropped R's and poor grammar, which means it's certainly a distraction.

 

You do realize that there is a price point at which silver mines will shut down and your LCS will not longer have any silver to sell. Some of you silver bears are completely delusional.

 

Soitanly! It doesn't matter if your financial advisor talks like a street thug. If he says "Buy!" you should obey.

Just try to avoid buying when the cops are around.

Chris

 

real thugs wouldn't even talk like that on this forum. they would try to blend in and catch you slipping.

anyway I'm glad GAS is cheaper !

 

There is a catch. Ebay (often times cheaper) and other online markets will still have plenty of silver. Most with free shipping, bringing your silver right to your door. Saving you time and money on gas.

 

Metals seem to bring out delusional concepts for both bears and bulls. The one thing this drop does seem to confirm is that there is much less industrial demand than people have been talking about. Where are the biomedical companies, solar panel makers, etc. that the Silver Institute points at to indicate the demand? They should be buying like crazy !
Sorry, way over estimated as indicated by the drop when much of the hysteria about the future of the USD has been exposed as just that ~ hysteria. But things cycle, and now we wait to see what the world as a whole think of precious metals, and this is suppose to be the best season of the year for people wanting to buy. Now we will have to wait until we see what inflation ACTUALLY does for pm, before we see a gain or a long term stagnant to dropping price support.

 

Very few percentage of silver is mined from silver-exclusive mines. Most is found "by accident" when trying to find copper, nickel etc. read up on that. Even if silver mine closed down (not likely) there would still be a whole lot mined. If more is mined the price gets cheaper, it's as simple as that homie

 

Indeed. "By accident" might be a little misleading, but yes, it's not usually the primary metal being mined, it's usually considered a byproduct. However, silver doesn't just "appear" as nuggets in these mining operations. It must be chemically extracted from the ore and refined and there are expenses associated with those processes.

When the price of silver drops too low, copper mines, especially those with lower silver yields, will skip those processes and just dump the ore after the copper has been extracted.

 

Solar panel manufacturers have discovered ways to create panels without Silver.

 

Silver won't ever hit $5, cuz. I won't let it