Up 1/2 a dollar just today. It's a long ways from when I reccomended buying all you could at $6.90 or so back in Aug 0f 2005 and nobody wanted to listen. Alas... http://forums.collectors.com/messageview.cfm?catid=26&threadid=426802 Take Care Ben
Gold is up $19.30 as of this moment! 904.80 +19.30 +2.18% Also Silver is up another 50 cents (see it ain't 50 pennies). 16.36 +0.51 +3.23% Make that 51 cents.
i listened Ben i bought all i could, every last ounce i possibly could lol it is good to see silver climb, although on Gold, i really want to see that fall a couple hundred for reflection on buying prices. I just dont see that happenening for several months or more
Chuckle, Personally, I think Gold is about as high as it's going to get. Don't think it'll ever see $1100 an ounce. Silver on-the-other-hand... Ben
I should have bought more, but I would get antsy and sell every time silver went up a buck or two. I just sold a couple silver quarter rolls right before silver went from $14 to $16. I need to learn patience. Ok, now who wants to sell me some, at say........$6 an ounce???
you guys dont know what you are talking about silver is $12.50 and you can get gold for under $800 if you look hard on flea bay
I like both silver and gold. A few years ago, some of my analysis of silver as a commodity inspired a return to my childhood interest in collecting coins. Both metals were asleep for a very long time, and were probably grossly undervalued as a result. Even after several years of rising prices, I expect them to resume their traditional role as inflation hedges and continue higher in an irregular manner. I would go as far as to suggest that ten years from now, no Morgan silver dollar will sell for less than $20 regardless of condition. Gold might be close to its "correct" price based on fundamentals, but I think silver still has some significant appreciation left in it.
Careful, Bone. Before too long our typical CT whiners will flock to this thread and chastise you for forcing them to read it.
i wish i could go back to the time when i could buy silver washingtons for $1.25 and buy a bunch of them.
I wish I could go back to the time when I could buy circulated morgan and peace dollars for $1.25 and buy a bunch of them.
Bought 40 ounces of silver when they are 6 dollars ish few years back and that is without prenium as the demand for them were very low. Now coupled with the silver bullion value + prenium, that's not a bad buy! Just as you are wondering, they are the Moscow 1980 Olympic silver coin set and the Soviet 1988,9 4x 5ounce silver medal set.
Bone, If I had been here back then I would have listened - maybe. I bought most of mine when it was under $6.00. Later I did something real silly. When gold got around $600 I dumped some of my silver that I paid $5-6 for at $13 or so and bought two ounces of gold. Still got a decent supply of silver (by my budget) and a few more ounces of gold. NOW - when is it going to stop? My local dealer will sell me one ounce rounds at 50 cents over spot. If I get a few extra bucks "burning a hole in my pocket" I may consider buying a bit more. Gold is out of my reach at this point.
