I agree that we have seen some inflation. I am asserting that we will see gas type inflation in other areas (thus the toilet paper comment). As for metals, as you know we have a fundamental disagreement. I believe that greater demand will bring more supply to market and cause a sharp decline after this run up. Will silver go higher- yes, do I want to guess when the sharp decline will happen - NO.
silver rebounded after traded a low of $7.42. the silver rebounded to a high of $7.78 and settled around $7.70 per ounce. which i think is the average price for silver as of now.
future price of silver in somewhere else. right now the silver is going up. $8.05 an ounce. 2005 american eagle will be selling over $10.00 a piece.
gold and silver hit a new high it seems that the gold will go up to over $500.00 an ounce. so i predict silver will pass over $8.50 an ounce. at first, i thought the silver will hit $10.00 when gold reach $500.00. it might not happen. last year silver high is around $8.35. so far, gold is very much better than silver. but then, the silver coin is better than gold.
silver moving again silver reached as high as $8.20+. but gold will certainly break the $500.00 barrier soon. hopefully it will continue the uptrend. but i wish the u.s. mint will not increase its prices for 2006 products.
gold near $500.00 gold is traded tonight at asia bid 495.50 ask 496.00. silver bid 8.17 ask 8.19. stock market were higher. oil stable at high price. it seems everything is good. even coin market. happy thanksgiving day to all.
silver a recent record high silver now trading at $8.23 per ounce. recent high. it might be hard to reach $9.00 or $10.00. but gold is near $500.00.
silver and gold continue uptrend. silver trading at $8.26 tonight. almost reach last year high of $8.29. gold hit high at $498.90 an ounce.
silver shine silver break the eight years high of $8.29. silver traded as high $8.39 today at new york before backing down to $8.37 an ounce. gold hit $499.70 and platinum at $1,005.00 per ounce.
Only the coin collecters that already have a lot of silver would be... collectors that are trying to ACQUIRE silver coins would most definitely NOT be happy, lol.
gold passed $500.00 silver hit a high of $8.39 and closed at $8.29 in london. it tied last year closing high at $8.29 on april 2, 2004. gold on the other hand break the $500.00 barrier. it seem that this up trend will continue. i would like to see gold @$525.00 and silver @$9.00 an ounce soon.
gold & silver retreated gold down from 500.50 to 492.00 (-1.7%) silver down form 8.40 to 8.22 (-2.15%)
silver and gold $80.00 is too much. i am happy with $20.00 an ounce. so that i can sell all my modern commemoratives dated 1982 to 1994. but i think $10.00 to $12.00 is fine. it seems even at $9.00 to $10.00 is very hard to break it. but all depend on gold. how much gold can go?. now gold break the $500.00 an ounce barrier once. hopefully, it will continue to go up to $600.00. so silver will go up to between $10.00 & $12.00. p.s. if this happen. stock market might go down. and my investment for stocks is far greater than coins.