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Is anyone buying silver at $44.56
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<p>[QUOTE="yakpoo, post: 1164519, member: 18157"]That's just it...so would every baby-boomer granny out there with a chest full of banged up sterling that hasn't seen the light of day in 20 years. Each year tens of millions ASEs are sold...and that's just US bullion. </p><p> </p><p>Mines that were shutdown as unproductive 20-30 years ago (when silver was $4/Oz) are opening backup. All this while industrial demand is declining. Silver alternatives (such as copper) are being used due to high silver prices and a slow worldwide economy doesn't help.</p><p> </p><p>We're swimming is silver, but the price keeps rising like a space shuttle liftoff. Something ain't right...I declare Shananigans!! (South Park reference <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />).</p><p> </p><p><b>"Oh! ...but the dollar is dropping!"</b> Yeah, right...I'll believe we have $50 silver when I see $16 gas.</p><p> </p><p><b>"...but silver's been undervalued for years!"</b> Maybe so...that's why it went to $18.</p><p> </p><p><b>"Naked Shorts! Naked Shorts!"</b> Come on...the Big Boys don't care about delivery; they just want to make a profit. The underlaying commodity is just a means to keep score.[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 1164519, member: 18157"]That's just it...so would every baby-boomer granny out there with a chest full of banged up sterling that hasn't seen the light of day in 20 years. Each year tens of millions ASEs are sold...and that's just US bullion. Mines that were shutdown as unproductive 20-30 years ago (when silver was $4/Oz) are opening backup. All this while industrial demand is declining. Silver alternatives (such as copper) are being used due to high silver prices and a slow worldwide economy doesn't help. We're swimming is silver, but the price keeps rising like a space shuttle liftoff. Something ain't right...I declare Shananigans!! (South Park reference :D). [B]"Oh! ...but the dollar is dropping!"[/B] Yeah, right...I'll believe we have $50 silver when I see $16 gas. [B]"...but silver's been undervalued for years!"[/B] Maybe so...that's why it went to $18. [B]"Naked Shorts! Naked Shorts!"[/B] Come on...the Big Boys don't care about delivery; they just want to make a profit. The underlaying commodity is just a means to keep score.[/QUOTE]
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Is anyone buying silver at $44.56
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