2011 GOLD high $1,500.00, SILVER high $24.00

Discussion in 'Bullion Investing' started by elaine 1970, Sep 3, 2010.

  1. AlexN2coins2004

    AlexN2coins2004 ASEsInMYClassifiedAD

    as of
    Updated:4/25/2011 12:11:42 AM CST

    Silver bid $49.26 ask $49.31:eek::eek:

    what is going on!
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  3. Collector1966

    Collector1966 Senior Member

    That looks like it was just a blip-- the price is back down to $48.47 now-- which is still quite high.
  4. Danr

    Danr Numismatist

    anyone think this upward movement will continue through the summer?
  5. fools_gold

    fools_gold Junior Member

    It's a little unfair to ask why Elaine was short sighted about the $24 silver, because now it's hindsight!!

    You have to remember, she had another thread years ago, I think it was $20 silver high? Anyways, that thread took like 1-2 years for silver to break $20!! So conservatively it makes sense that $24 or so would be a good number to pin as the next high.

    I think if she were to have started this thread with silver at $30 people would have asked if she were on drugs......look at silver now, it's far beyond $30.....
  6. AlexN2coins2004

    AlexN2coins2004 ASEsInMYClassifiedAD

  7. lucyray

    lucyray Ariel -n- Tango

    Elaine's upward prediction is posted on pg 33, dated 11-04-10. I believe this was a topic you were hot about before, regarding why would someone predict a lower # than we were already seeing.

    Sorry, it took longer to find than I thought.

  8. Ladies First

    Ladies First Since 2007

    I remember reading a long and researched explanation on these boards as to why gold will never stay above $1000... As the number of predictions nears the number of possible outcomes, someone is invariably going to be called a genius... but are they?! It's almost like commending a lottery winner on how intelligently s/he picked his/er numbers!
  9. 1970 Silver Art

    1970 Silver Art Silver Art Bar Collector

    I do not have my own blog on silver art bars, however, I do have a thread on Cointalk that has pictures of silver art bars. Here is the link to it:


    I sold all of the silver art bars in the first 7 pages of that thread (except for the Coca-Cola, Lookout Mountain, and "Keep me and never go broke" silver art bars) in 2010 and earlier this year and they are no longer in my silver art bar collection. I also sold a lot of silver art bars that were not on that thread during the silver run-up and used the profit to buy the rare 1-oz '70's silver art bars that were on my silver art bar wish list. The last 3 pages of that thread will give you an idea of what '70's silver art bars that I like to collect. The silver run-up has allowed me to upgrade my silver art bar collection to include more rare silver art bars.
  10. AlexN2coins2004

    AlexN2coins2004 ASEsInMYClassifiedAD

    $48.50 silver and gold is $1530.10 :eek:
  11. fools_gold

    fools_gold Junior Member

    I know.....craaazzzy.......
  12. WingedLiberty

    WingedLiberty Well-Known Member

    the big silver correction lasted only 2.5 days ... amazing strength
  13. AlexN2coins2004

    AlexN2coins2004 ASEsInMYClassifiedAD

    it's up $2.34 from this morning when I saw it at $45.16!
  14. AlexN2coins2004

    AlexN2coins2004 ASEsInMYClassifiedAD

    we didn't have a full correction by any standard of the word...this is all cause of Bernanke
  15. Morgan1878

    Morgan1878 For A Few Dollars More..

    Good observation. The airways and Internet are replete with "one hit wonders" who at some point in their careers made a highly publicized call that was correct. These commenters manage to build a career based on what most would consider a fluke.

    I have a very rigid rule regarding creditability in investment opinions, be it PM's or bonds. First, the individual must have a longterm record (5-10+ years) of successfully managing significant amounts of money. Second, this person must have a significant amount of their own money (skin in the game) in the investment strategy.

    For me, this filter eliminates a lot of noise in the market.
  16. Ladies First

    Ladies First Since 2007

    At least a statistician would!
  17. fools_gold

    fools_gold Junior Member

    question, I have a gold coin AGE that instead of showing the year like 2010, it shows roman numerals? Kinda strange...

    Is that ok?
  18. fools_gold

    fools_gold Junior Member

    Ok nevermind, I found my answer on Wiki.....I love wiki!!!

  19. InfleXion

    InfleXion Wealth Preserver

    I hope this isn't too far off topic, but I feel the need to plug my favorite website - www.searchlores.org - talk about teaching a man how to fish. The knowledge therein will show you how to find anything on the internet.
  20. fools_gold

    fools_gold Junior Member

    What exactly is this site? I went here and it looks like it was built in 1990 with MS Frontpage.....I closed it real quick because I wasn't sure what it's all about?
  21. InfleXion

    InfleXion Wealth Preserver

    It is the best free resource in the world that I am aware of. It is a maze of information for seekers. It doesn't teach you facts, it teaches you skills. Welcome to the rabbit hole.
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