Silver heading for $20.00 an ounce.

Discussion in 'Bullion Investing' started by elaine 1970, Feb 19, 2008.

  1. jef69la

    jef69la New Member


    I don't think we will see $50.00 for awhile if at all! I'm thinking $25.00- $30.00 maybe within 18 mos.
     
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  3. elaine 1970

    elaine 1970 material girl

    gold and silver

    ratio for gold and silver is 49.526. based on their high. it break the 50 to 1.
     
  4. Philly Dog

    Philly Dog Coin Collector

    IMO Silver is going up due to a poor stock market. :eek:
    for the last 4 years I have been buying as much silver as I could afford

    Got over 200 40% silver Ikes last spring for around 4.00 each including Proofs, the silver alone now is worth over 1200.00. Picked up 50 Morgans EF, AU and UNC a few weeks ago at 11.00 each.

    Maybe its time to sell :confused:
     
  5. Aslanmia

    Aslanmia Active Member

    With all the silver coins that are being melted down and sold, you'd think that would start driving up the book value on these coins.

    I guess that will happen after the smoke clears, once this crazy precious metal cycle cools down...

    "What do you mean I have the only 1964 Kennedy half left?!"
     
  6. SmokeMonkey

    SmokeMonkey i brake for peace dollars

    most of my silver wouldnt get much of a premium but i wouldnt dare melt them. i love my silver coins. i love the clinking sounds they make.

    since i was only born in 74 i still have a hard time believing these were used as actual money.
     
  7. elaine 1970

    elaine 1970 material girl

    another record high

    another record high registered: since dec.31,2007

    palladium $574.00 up 57.7% (record high)
    silver $19.84 up 34.4% (recent high)
    gold $968.10 up 16.1% (record high)
    platinum $2,215.00 up 44.8% (record broke last week)
     
  8. elaine 1970

    elaine 1970 material girl

    ratio now for gold vs silver is 48.87 to 1

    silver hit a recent high of $19.82 per ounce. the ratio for gold against silver is 48.8 to 1...
     
  9. elaine 1970

    elaine 1970 material girl

    silver reached $20.00

    silver climbed to $20.00 an ounce in dubai. united arab emirates. and gold traded $978.20 per ounce.
     
  10. elaine 1970

    elaine 1970 material girl

    silver break $20.00

    silver - high for the day is $20.66 gold 990.40 per ounce
     
  11. Philly Dog

    Philly Dog Coin Collector


    You should have got some of the 2007 ASE for 21.95 too late now:eek:

    at 20.23 now
     
  12. elaine 1970

    elaine 1970 material girl

    am eagle silver

    i got enough am eagle silver bullion coins. total 3,667 pc. i don't have 2006w and 2007w unc am eagle. i cancelled 198 pc 2006w before and now i cancelled again 198 pc 2007w. i did ordered many gold coins last year and this year. enough is enough. i am buying house and i need money and some cash for down payment now.
     
  13. jaceravone

    jaceravone Member

    Went into my local coin shop wanting to buy one Morgan this past Saturday, but didn't have a whole lot of money. So I started to dig through my collection and found two 1oz silver rounds. The local coin shop gave me $17.17 for each one. I didn't think that was a bad price. What does everyone think? I ended up with a 1878cc and 1883cc..... not for $17.17 of course, but it every dollar counts!!! My first Carson City dollars! :) The coin shop is like Walmart to me.... you go in with one thing in mind and you end up coming out spending a lot more money than you planned! LOL
     
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