Can you beleve it?!

Can you beleve silver is at 34.64?! I can't, I bought 2 ases when spot was at 30 dollars, paid 34 for it. In a month it's gone up like 7 dollars!

 

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Silver goes up; silver goes down. Definitely exciting though. I miss the days of $5.00 / oz. silver and $6.00 junk Peace dollars. It was easier to amass a large collection then!

 

$34.64 - $30.00 = $4.64. That is not $7.00

 

No, like a month, mabye a month and a half it was at like 27

 

It was even higher a few months before that. The only rule silver follows is that it will rise high when I plan on buying some and plummet when there's no big shows near me.

 

Hahaha, ain't it the truth?

 

People are getting worried. The watch the news and you'll see that things aren't that great in the world. They want something more stable than a piece of paper with no real value. Increased demand leads to smaller supply, leading to higher prices. I think that if things in the middle east would calm down a little it would probably go down. Just a theory of mine ( which I seem to be filled of)

 

like omg! lol. I watched silver go from $26 an oz to $49? a year and a half ago.

 

Quite literaly, I am going to a show this weekend Maybe I'll just buy copper

 

Plenty of articles that coinflation links to have it going to 150 in a yr. I'm guessing it goes up to 40 or so then heads back down.

 

Silver is denominated in dollars. When the FED uses quantitative easing the price has to go up as the increase in the money supply reduces the value of the dollar. I have not looked, but I would submit that most commodities denominated in dollars went up in price today.

J

 

Silver's been rising steadily for what the past week maybe a little bit longer now. Why? Because regardless of our governments supposed rules and regulations on insider trading,etc those in the know already were aware that the FED was going to introduce another round of QE thus silver and gold begin to spike daily. And as expected a week or so later we get an official announcement the dollar printing machine is being fired up yet again.

 

My only hope in life: tomorrow I'll wake up and silver wil be at 2,000 an ounce

 

I'm assuming you'd like silver to be at $2000/oz. because you'd make a huge profit on what you've already amassed? Another way to look at it though is whether those 2,000 federal reserve notes you'd be getting in return are going to be worth anything? At that point, wouldn't you just be better off holding onto your silver and trading it for food/water/weapons/etc? I say this because if silver is at $2000 an ounce I'd expect the US economy to be virtually non-existent. That's just my thought process though, and I am not an economist or a hoarder/prepper.

 

I wouldbuy other coins with it, btw, only have 4 ozs

 

And you don't think that the prices of the other coins won't go up either. And if silver is 2000 dollars a ounce, I'm pretty sure nobody will be buying any.

 

Inflation has killed the one cent coin. More and more will follow suit. Bye Bye Abe!

 

That's not right!

 

Right or not, it's the truth.

 

Gold touching $1,800 soon, and silver nearing the $37 level. We've been here before anyway, so I'll save my incredulity for beyond-$2,000 gold and beyond-$50 silver!