Silver Strapped To A Rocket Today

Discussion in 'Bullion Investing' started by bsowa1029, Mar 13, 2023.

  1. Tall Paul

    Tall Paul Supporter! Supporter

    Years ago there was a commercial in which the economist Eliot Janeway was asked:
    "Mr. Janeway, is the market going to go up or down and he replied yes, but not right away."
     
    -jeffB and Heavymetal like this.
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Mr. Flute

    Mr. Flute Well-Known Member

    $24.89 (silver) and $2,021.06 (gold) at this very moment.

    Nice.
     
    Last edited: Apr 4, 2023
    longshot and Heavymetal like this.
  4. AdamL

    AdamL Well-Known Member

    It certainly is interesting to watch. Gold is nearing its record high again. Silver just broke $25
     
  5. -jeffB

    -jeffB Greshams LEO Supporter

    Sell now! My next big selling opportunity is the Raleigh Money Expo June 16-18, so that should mark the next big dip. :rolleyes:
     
  6. Mr. Flute

    Mr. Flute Well-Known Member

    I just sold a bunch of world silver in the last week. Nice.
     
  7. Heavymetal

    Heavymetal Well-Known Member

    The big drop in the Dollar Index shows up quickly in PM increases. When the Fed backs off the interest raises, maybe later this year, expect another jump as margin buyers of futures contracts come back aboard. Supply/demand may not control these markets, until they do. Looks like $2500 gold this year, $3000 in a couple more.
     
  8. KevinM

    KevinM Well-Known Member

  9. rte

    rte Well-Known Member

    That's good and all, but the $3k in today's dollars that was going into metals doesn't go as far today.
    No deals to be had that I've seen locally.
    Like holding a hot potato
     
  10. KevinM

    KevinM Well-Known Member

    Yeah I bought what was going to be my small stash last year.
     
  11. slackaction1

    slackaction1 Supporter! Supporter

    Yes, selling time the ASE that I purchased in 2016,17,18,19 about 110 looking at GOLD now, I liked the ASE at first, but the design never changed so I am bored with them and sold them to a good friend I thought was cheap30.00 to 31.00 a piece so he could make a little too.
     
  12. Mr. Flute

    Mr. Flute Well-Known Member

    Silver at $25.88/toz right now. Interesting.

    Gold at $2,042.
     
  13. slackaction1

    slackaction1 Supporter! Supporter

    Sellers loving it
     
    Mr. Flute likes this.
  14. slackaction1

    slackaction1 Supporter! Supporter

    It's crazy was trying to buy 6 run of the mill quarters to finish out a tube. I bid 30.00 thats 5.00 dollars apiece. spot was 4.53. I didn't get them they went for 50.00 for 6 quarters over 8 dollars a piece no way.
     
    Cheech9712 likes this.
  15. Mr. Flute

    Mr. Flute Well-Known Member

    [unlike]
     
  16. rte

    rte Well-Known Member

    I'm just curious, what would you sell some quarters for in today's market?
    I picked up 6 Roosevelt dimes for $15 shipped, but then also paid up for an older JM 10 ounce round at $400.
     
  17. slackaction1

    slackaction1 Supporter! Supporter

    Just like everyone else.... as I much as I can get... what they are going for 220.00 a roll.... the dimes wasn't bad a deal don't know much about bars or anything for that matter.
     
  18. -jeffB

    -jeffB Greshams LEO Supporter

    In light of the last few days, "strapped to a rocket" isn't quite the happy phrase it used to be...

    [​IMG]
     
  19. pmbug

    pmbug Taking steps on my thousand mile journey

    Fed rate announcement today. If they pause rate hikes, gold and silver could jump.
     
  20. Joel Turner

    Joel Turner Active Member Supporter

    Indicators are Fed will raise again unfortunately
     
  21. Collecting Nut

    Collecting Nut Borderline Hoarder

    I’m to out of it to do anything.
     
Draft saved Draft deleted

Share This Page