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<p>[QUOTE="Cloudsweeper99, post: 143325, member: 3011"]If you're asking me to predict the price of gold in September, I can't. Ten years from now I expect it to be a lot higher than today. If you have limited money to spend on collecting, I would suggest sticking to that budget and not "go under" to buy more than you can afford. There is no sound reason to believe coin prices will rise dramatically over the next two months.</p><p><br /></p><p>Regarding silver, I've read that the US Geological Survey has indicated that the world-wide supply of unmined silver is declining faster than any other metal, and that most of the silver that is economical to mine may be gone in 40 years; but I haven't seen the report myself first hand. There are very few primary silver mines left. Most silver is a byproduct of other mining operations. I agree with your friend that over the next few decades, the price of silver will rise, perhaps dramatically. I don't know if it will "skyrocket" which implies a huge rise over a very short time period.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 143325, member: 3011"]If you're asking me to predict the price of gold in September, I can't. Ten years from now I expect it to be a lot higher than today. If you have limited money to spend on collecting, I would suggest sticking to that budget and not "go under" to buy more than you can afford. There is no sound reason to believe coin prices will rise dramatically over the next two months. Regarding silver, I've read that the US Geological Survey has indicated that the world-wide supply of unmined silver is declining faster than any other metal, and that most of the silver that is economical to mine may be gone in 40 years; but I haven't seen the report myself first hand. There are very few primary silver mines left. Most silver is a byproduct of other mining operations. I agree with your friend that over the next few decades, the price of silver will rise, perhaps dramatically. I don't know if it will "skyrocket" which implies a huge rise over a very short time period.[/QUOTE]
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