And down it goes.... (silver)

everything drops

stock market drops more than gold and silver. oil also drop. dollar and housing were also down. very bad for american.

 

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What goes up (quickly) will go down. The spike in prices was die to hype and fear and speculation. Most of the people on this forum were saying that all along, but a vocal minority were harping that silver was on the way to $30 or $50 or whatever.

Silver below $10 (maybe WELL below) is more realistic.

 

I'm glad I held off on doing anything yet, it hits six and I'm buying ASEs

 

And the same applies also with gold. Just compare this sites' price of gold coins with only a $10 difference in spot.

3/21/06
http://www.lakestatecoin.com/PCGS-NGC Certified Gold.htm

Today
http://americanrarecoinstore.com/CertifiedUSGoldForSale.htm

Note: Its the same company with a different site.

 

hmm, can you explain your logic? All seems well in my neck of the woods.

 

start to climb again

now it started to rebound and it is time to buy again.

 

I hope it'll keep declining till the Buffalo Gold comes out

 

Do you just make this stuff up based on the direction of the wind in the morning when you wake up? It's still at $9.75 per ( a change of a few cents per oz this morning) and you are acting like the market will certainly rise to $20 per in a matter of weeks based on today's movement. It seems to me that you have a fundament misunderstanding of the market's minute-to-minute changes.

 

I doubt we will see any dramatic change from now till about November. Thats just my opinion, and the wind is blowing slightly from the Northeast today. The winds should stay in this northeasterly pattern till about Sunday, so I'll Let you know Monday if I have changed Opinions!

bandito

 

and up it goes......

and up it goes........ nothing but up it goes..........see silver move up again to $12.00 per ounce.

 

A local dealer was asking $650 each for 1987 1 ounce AGE coins last week.
Today his price is $600 each based on yesterday's closing.
Wait till he sees today's jump. Back up I'll bet.