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<p>[QUOTE="piesquared, post: 1649891, member: 44885"]My personal opinion is that anything under $30 an ounce is a buy.</p><p><br /></p><p>Many dealers, coin and bullion, are selling silver for about $2.20 over spot,</p><p>and paying $3.00 under spot.</p><p><br /></p><p>So for an investment of say $32.20 per ounce, it could potentially be sold for the same if spot price reaches $35.20.</p><p><br /></p><p>As the economy gets better, silver goes down, as it gets worse, silver goes up....</p><p>fundamental as history has taught us.</p><p><br /></p><p>I feel that silver will continue to go up, and a norm price of $35.00/ounce is not out of the question.</p><p><br /></p><p>I would seriously doubt if it ever hits that $8.00 per ounce as it was in 1999.</p><p><br /></p><p>Even if it does, it will always be worth something, and as far as I am concerned, if I can buy it for $30 or less, it a great investment. Of course, you should always check the current spot price.</p><p><br /></p><p>One bit of bad news for the markets, could drive it up over $50 again.</p><p><br /></p><p>Good luck.[/QUOTE]</p><p><br /></p>
[QUOTE="piesquared, post: 1649891, member: 44885"]My personal opinion is that anything under $30 an ounce is a buy. Many dealers, coin and bullion, are selling silver for about $2.20 over spot, and paying $3.00 under spot. So for an investment of say $32.20 per ounce, it could potentially be sold for the same if spot price reaches $35.20. As the economy gets better, silver goes down, as it gets worse, silver goes up.... fundamental as history has taught us. I feel that silver will continue to go up, and a norm price of $35.00/ounce is not out of the question. I would seriously doubt if it ever hits that $8.00 per ounce as it was in 1999. Even if it does, it will always be worth something, and as far as I am concerned, if I can buy it for $30 or less, it a great investment. Of course, you should always check the current spot price. One bit of bad news for the markets, could drive it up over $50 again. Good luck.[/QUOTE]
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