Silver surpasses 15.00 an ounce

What do you guys think? A .48 cent gain today, will it stay at 15.00 and over, or shoot back down?

 

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I think it will end strong this week followed by a small decline next. Just buy it and keep it, unfortunately I need paper right now so I have to sell a little of mine.

 

Wonder if it is due to the EU +.2% gain? Hope it stays up until I can afford more, then goes down that day and doubles the next.

 

Yeah, Germany and France's recessions ended today. Don't know what that will do to the US dollar, probably weaken it. Or maybe industrial demand will increase and silver will be needed? Who knows.

I'm not going to buy again unless it dips, I'd rather use my cash for gold. I just got 4 oz's yesterday (2 2009 maples and 2 2008 maples) for 17.00 a piece, I might flip these for 20$ a pop on ebay

 

I love when they report stuff like that, sounds so odd. Too bad they can't predict when they'll start. Bad bad bad.

Sounds like a groovy concept...maybe you can start a trade-in business.

$17 for 4 oz of gold ! Where'd you do that?

 

Whoops! Silver maples!

And Krispy, I know you love citing sources so here http://uk.biz.yahoo.com/13082009/323/germany-france-lead-march-recession.html

 

$18.00 per troy oz before years end. IMHO

 

How come?

 

Indias wedding season coming up and I think they have finally come to terms with the prices. Silver has to close the gap with gold as well as many "new" uses for silver as fungicide, antibacterial etc.

 

Very interesting, I guess I should buy some more silver my next paycheck (2 weeks! )

 

I'm happy. I bought 20 Philharmonic's yesterday.

 

Gold or silver??

Today I bought a 1/4 oz 1993 chinese panda for 242.60, I guess that's a good price

 

silver now $15.20 an ounce

 

Just like that? What magic was employed?

 

They had .2% growth in the second quarter

 

And that signals the end of a recession? Stay tuned folks....

 

Silver. I have yet to venture into gold. Too high. Maybe when it gets below $900 if it does.

 

It's my first gold, not counting the gram I bought for 34.00.

and green, the definition of a recession is 2 consecutive quarters of negative growth. When they have positive growth, the technical recession has ended.

HOWEVER, this does not mean they won't have negative growth next quarter, but they aren't in a recession by definition. They may be below the growth they had in 2008, but this is a start.

Read the article, I'm just passing on the info.

 

Gonna let you slide on that one Dani, as you hail from the city of my birth....

Just yankin' your chain old boy.....

 

Haha good too see another person from NE PA!

I'm a little grumpy for spending 242.60$ too, so bear with me!