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Gold $1,020.00, Silver $21.00 can it be?.
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<p>[QUOTE="modernman, post: 346620, member: 11789"]FWIW, I've been visiting the local coin/precious metals shop the past few weeks with my son just to get a feel of the market. Interestingly, (and totally subjective) it appears that the more well-heeled people (at least appearance-wise) are buying gold and 100-oz silver bars. The more common folk are taking in their old jewelry and cashing out.</p><p> </p><p>In a span of 15 minutes a week or 2 ago I saw 3 different people buy 100-oz silver bars. One couple bought 3 100-oz bars and the other 2 couples bought 100-oz each. Some other people came in and bought some 2008 ASE bullion. Silver was at about $19.85 at the time.</p><p> </p><p>I asked the dealer if he was doing more buying or selling. He said it was pretty much even, but people were showing more interest in silver. This was in socal.[/QUOTE]</p><p><br /></p>
[QUOTE="modernman, post: 346620, member: 11789"]FWIW, I've been visiting the local coin/precious metals shop the past few weeks with my son just to get a feel of the market. Interestingly, (and totally subjective) it appears that the more well-heeled people (at least appearance-wise) are buying gold and 100-oz silver bars. The more common folk are taking in their old jewelry and cashing out. In a span of 15 minutes a week or 2 ago I saw 3 different people buy 100-oz silver bars. One couple bought 3 100-oz bars and the other 2 couples bought 100-oz each. Some other people came in and bought some 2008 ASE bullion. Silver was at about $19.85 at the time. I asked the dealer if he was doing more buying or selling. He said it was pretty much even, but people were showing more interest in silver. This was in socal.[/QUOTE]
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Gold $1,020.00, Silver $21.00 can it be?.
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