Bangkoktraveler Posted April 22, 2011 Author Report Share Posted April 22, 2011 Over $46.00 US an ounce. Link to comment Share on other sites More sharing options...
Ryder Posted April 24, 2011 Report Share Posted April 24, 2011 Glad I made my investment when I did. The way this is going it could hit $120 easily... Link to comment Share on other sites More sharing options...
RayRay Posted April 24, 2011 Report Share Posted April 24, 2011 Glad I made my investment when I did. The way this is going it could hit $120 easily... Maybe. Or it could just as easily drop back to $10. Link to comment Share on other sites More sharing options...
Bangkoktraveler Posted April 24, 2011 Author Report Share Posted April 24, 2011 During the American Silver war, silver got up to almost $3.00 an ounce. Bt 1881 it was over $1.00 an ounce. When the Great Depression happened, silver was worth about $.25 (a quarter). I suspect the price is rising because the dollar is worth less. But silver could end up becoming a demon like real estate in the USA has become if the value drops dramatically. Link to comment Share on other sites More sharing options...
LizardKing Posted April 25, 2011 Report Share Posted April 25, 2011 Seems a good time to go long and "short" silver. Too many sheep buying in right now... Link to comment Share on other sites More sharing options...
Bangkoktraveler Posted April 26, 2011 Author Report Share Posted April 26, 2011 I know of one place that buys and sells gold at a good price. They will even store your gold at a very low rate. I suspect they have no gold in storage but have generated a lot of paper. Link to comment Share on other sites More sharing options...
cavanami Posted April 26, 2011 Report Share Posted April 26, 2011 The "experts" are saying that as the US dollar continues to decline, precious metals will go up. Since the US credit rating was cut (last week?) by S&P, the dollar has weakened and precious metals have gone up. What gold over $1500? I bought silver coins just as a backup to have a hard currency if/when things really hit the shitter. So far my investment is up 50% in a few months, so smiling about that but no intentions to sell and reap the profit. I like gold, but just too darn expensive. $1500 and all you get is a little bit (1 oz.). Of course if/when it hits $2000, that will be another story! Link to comment Share on other sites More sharing options...
Bangkoktraveler Posted April 26, 2011 Author Report Share Posted April 26, 2011 Silver is now $47.15 US an ounce. In 17 days silver has went from $40.00 to $47.15 an ounce - over a 17% jump! In one year, silver has jumped 52.5% in value. Gold has only increased 6.2% in the last year. Gold is now $1508.00 Link to comment Share on other sites More sharing options...
Soi biker Posted April 27, 2011 Report Share Posted April 27, 2011 BangkokT I think your yearly percentages are a little low. I bought some 100 oz. bars of silver a year ago Feb. for $15 and change. And 6.25% for gold is more like a year to date figure. I was going to import 1 yr. gold chart but I'm incompetent. Soi biker Link to comment Share on other sites More sharing options...
Bangkoktraveler Posted April 27, 2011 Author Report Share Posted April 27, 2011 Yes, it is a year to date figure. 100 oz of silver? I bought a considerable amount of silver but in jewelry form. There is a far better markup in jewelery then in raw silver. But then if you don't have the market, it get sold for metal price. Link to comment Share on other sites More sharing options...
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