Continue uprend for silver ($60.00) & gold ($1,023.00)?.

continue uptrend

silver rose again to $7.88 from a low of $7.61 last few days.

 

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still a looooooooooooooooooooooooooooooong way to $60 at this rate

 

I think that silver has just about run out of steam and will head back down to ~$7/oz. I will continue my buying when it does, which should be soon...IMO.

 

uptrend for silver

silver $60.00. no way jose. $10.00 it is possible. breaking $10.00 it take a while. my guess is that the silver should go around $12.00 for some silver to re-open it. or else silver is still way under value.

 

This thread is worse than the other with the hysterircal title.

 

continue uptrend for gold and silver

if gold really reaches $1000.00 an ounce. i think silver should be around $25.00 to $30.00.

 

I remember when, and it was only a few years ago, coin show dealers had cups of good mercury dimes for a quarter or so each. Arrggh, should have bought more. :headbang: :headbang: Seriously, I'm waiting for the inevitable dip in the market before gold and silver continue their steady move toward 1000+and 50+, respectively. Then I'll buy up whatever I can afford, hehe.

 

rock the ball

silver hit over $9.80 and waiting new york to open it at a record high. p.s. welcome $10.00 baby.

 

gold and silver ready to hit new high again.

what do thingk the silver will be?. $15.00 or $20.00

 

statistic

based on london daily closing: from 2004 to date.

silver up 78.7% high 9.82 low 5.495

gold up 52.8% high 572.15 low 375.00

platinum up 45.0% high 1,079.00 low 744.00

pallanium up 72.7% high 297.00 low 172.00

furthermore: let's start from 2002 and from 2003 to date:

from 2003 to date: silver up 124.7% low 4.37
gold up 78.9% low 319.90

from 2002 to date: silver up 131.9% low 4.235
gold up 106.0% low 277.75

note: gold target price $600.00 to $800.00 within two years.
silver should be around $11.00 to $16.00 i think.

 

1,023.00 for gold and 60.00 for silver

if gold really hit $1,023.00 as predicted by some analyst. i think silver can not go up to $60.00. the highest i expect is only $20.00 at most. since silver is only following gold up and down for the meantime. unless silver go up by itself. such as shortage on silver. then $40.00 should be no problem.

 

Gold & silver up again

Gold day high at $587.20. silver high at $11.70. ratio is 50.19 to 1.

note: prices will be change whenever it breaks a new high.

 

silver boom

do you buy silver and make a profit on it?. prices based on london closing.

2003 silver low $4.37 up 164% from today high $11.55
2004 silver low $5.49 up 110%
2005 silver low $6.39 up 81%
2006 silver low $8.83 up 31%

 

gold will correct somewhat harshly when it hits $600, silver on the otherhand has a lot more room to grow.....$20 is not so "out there". Coins from the mint are going to be EXPENSIVE next year.....or they will just make less making the coins more expensive in the long run to collect.

 

latest high of major metals

based on london daily closing:
silver 12.75
gold 597.75
platinum 1,095.00
palladium 357.00

based on new york recent high:
silver 13.01
gold 608.40
paltinum 1,111.00
palladium 364.00

based on london 4/12/06 high for base metals: per pound
copper 2.7639
nickel 7.8960
aluminum 1.1639
zinc 1.3739
lead 0.5292

note: our jeffferson nickels bullion value are worth $.04461 a piece. and our pennies are worlth $0.00776.
an increase of 12.1% will put our nickels to equal its face value. and 28.9% increase will likewise
put our pennies to equal its face value. that's means in the future, the mint will change its metal
content to produce coins. nickels will become steel plated with cupro-nickel. and pennies will
become a pure aluminum coin. well, that seem common to other countries.

ps. our wheat pennies are worth over face value. it is worth $0.01831 a piece. all these figures not even include cost for fabrication,
mark up, packaging, delivery, and other related cost. furthermore, gold & silver are predicted to go up even higher and higher for
the coming years. coins related to bullion value will increase accordingly. these are common dates on modern commemorative
coins, american eagle silver bullion uncirculated coins, common dates on silver quarter statehood coins, old and antique common
dates silver coins, all scraped silver coins and silver jewelries, and the future u.s. mint silver coins products.

 

12.90 for silver

at $12.90 silver. what will be the cost of these items.

$9,475.00 for 1,000 face u.s. silver coins dated 1964 and before.
$14.50 for 1983 olympic proof silver dollar with out box & coa.
$17.50 for common date 5 pcs statehood silver proof quarter with case only. no box & coa.
$140.00 a roll at least for common date statehood silver proof quarter.
$15.40 a piece for new 2006 american eagle uncirculated silver dollar.

if silver continue going up. then these items will be adjusted accordingly.

 

great info thanx

 

Why??...when silver value would only be about $91?......there shouldn't be a almost $50 mark up???

Speedy

 

statehood silver quarter proof

speedy, you are not a dealer. 12.90/ounce x .180845 (silver content in a quarter) x 10% deaker bid price x 10% dealer ask price divided by .75 = maximum price ask for a collector.

the result: dealer bid 103.00 dealer ask 113.00
maximum collector ask 150.00

so you can get it between 125.00 to 150.00 per roll.

and why? this is a collector's item not american eagle bullion or any other bullion coin. the formula applied also to modern common commems silver proof or unc. dollars. there is a little premium on dealer side. but still there is a big premium fall on collector side. unlike am. eagle. you just add few dollars to it.

 

WOW...in abotu 10 min the price went up $10!!!!!!...that is really neat!

I'm not a dealer...your right but I know enough about dealers and pricing to know that no dealer is going to price his rolls at $40-$50 over the real price and get it.
Most of the time dealers mark up the item 10% and maybe a few dollars more so I can see $113 at a dealers for a roll of Silver quarters (Proofs)....I remember buying a roll of BU Silver quarters and selling them for the same price $40! (I might have sold them for $45)

Alittle premium is alright....but a dealer that knows pricing and knows the hobby isn't going to mark up an item like this to $150---If there is a dealer doing it I bet he isn't making many sales.

Again....I'm not trying to be rude but your figures don't work out to what a collector or dealer pays in the real world.

Speedy