Remember when people were paying $50.00 plus for a ounce of silver.

Discussion in 'Bullion Investing' started by bkozak33, Feb 17, 2013.

  1. urbanchemist

    urbanchemist US/WORLD CURRENCY JUNKIE


    i never payed $50 an oz. i bought all my silver at $8-9 an oz :D
     
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  3. Zlotych

    Zlotych Member


    "It's funny because it's true." I'll never get that either, my friend.
     
  4. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    I remember when I was paying 25c/gal for 103 octane Sunoco. I'd much rather see the gas take a nosedive.

    Chris
     
  5. Troodon

    Troodon Coin Collector

    Not as funny as when they were paying $5.
     
  6. -jeffB

    -jeffB Greshams LEO Supporter

    Even if it meant going back to the salary you were getting back then? :devil:
     
  7. Copper Head

    Copper Head Active Member

    This brought back memories of 'gas wars'. Not sure how many here remember those, but dealers across the street from each other would start lowering their price in a war to get the most business.
     
  8. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Forget the salary! I was making a grand a week playing pool.

    Chris
     
  9. Numismania

    Numismania You hockey puck!!

    If it's not alot more, we need to chat privately...;)
     
  10. medoraman

    medoraman Supporter! Supporter

    Remember when all of those geeks were paying hundreds or thousands for old pennies?

    That was freaking hilarious.

    What was that about not throwing stones? :)
     
  11. coingeek12

    coingeek12 Collect all the nickels!

    at things that shine.
     
  12. petro89

    petro89 Member


    Me too! I remember selling junk at 32 times face and then Bin Laden getting killed a few days later. My funds went towards my new car :)

    I started saving that junk silver when you could buy it under 10 times face...I remember buying silver dimes for 75 cents to a buck! And the first bars I ever bought were $12-14/oz. I have never paid more than $32 an oz. Probably a bit of luck involved, but I think I did pretty well :)
     
  13. green18

    green18 Sweet on Commemorative Coins Supporter

    Let ye who is without sin cast the first stone? Yeah, I never paid $50 for an ounce of silver but I have paid more for a 'way less than an ounce' piece of copper........:devil:
     
  14. newcoinguy

    newcoinguy Member

    I didnt even know the 2013 silver eagles have been for sale at the mint yet?
     
  15. jello

    jello Not Expert★NormL®

    I know I got a E-mail from US Mint for the Proof
    but not the UNC-W yet.
    I think March or May the UNC W is issued??
    :devil:but I am not 100% sure what Day or time the US mint issues any thing @ times all I get is your order is on Back order :yes:
     
  16. yakpoo

    yakpoo Member

    Yep!! :thumb:

    I recall starting a thread called "This is Why No $50 Silver" to warn folks that the run-up was unsustainable...and I got CRUCIFIED!!!:3three:
     
  17. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    Not at all. Once Gold drops SIGNIFICANTLY, and retreats to the $1000 level, you will see Silver rise up. It is like the Stock Market--cyclical, and Silver and Gold have inverse relationships.
     
  18. jjack

    jjack Captain Obvious

    So far what we have seen is Silver and Gold charts moving are close together what makes you say they have inverse relationship? Only factor that would make it other wise is Silver is industrial usage which can bring it down if there is severe recession (reducing industrial and leading to sell off inventories).
     
  19. medoraman

    medoraman Supporter! Supporter

    I agree. Lots have been made of silver as an industrial metal, but very rarely have i senn them demonstrate an inverse relationship. Gold and platinum maybe, but not gold and silver.
     
  20. goldcollector

    goldcollector Member

    ROFLMAO. Yeah just a matter of time like in 1500 years. Last seen 7 years ago silver for "life" lol
     
  21. FryDaddyJr

    FryDaddyJr Junior Member

    no one here owns enough of it to make any real money, example 100,000 dollars worth. Just goobers with a few hundred ounces
     
    midas1 likes this.
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