anyone notice the prices of metals today?

No problem Laura, gxseries also makes a very good point about historical production versus amounts that could be mined. If values continue to rise - I will bet mining will ramp up which could result in lowering value. Diamond and the crude oil market tend to do the same thing. The potential is much higher than actual as the market is somewhat controlled. There is no shortage of unmined Diamonds or Crude but yet we pay $4k for a good 1 caret diamond and over $113 per barrel of crude. What does it mean - nothing more than make sure you do your homework and understand the different variables.

 

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HOBO ,Quit making me laugh so hard. Thanks I needed that. rzage

 

Exactly why I personally prefer silver over gold. Thanks for posting the article.

 

I also believe that Silver is and will be a better investment than Gold for some time to come! Although we can't go back in time and invest in Silver at a low and then sell when it hit it's highs in late 2007 and early 2008, the scenario may happen again with just a higher buy in price. Below is the link to the Thread started by General_Godlike and if you scroll down to near the bottom of page 1, you will see my posting about investing in Silver versus Gold.

http://www.cointalk.org/showthread.php?t=35046


Frank

 

Thanks Frank for posting that thread. Great info on it.

Craig

 

too bad it aint oil!