Jump in Silver PRICE
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  1. #1
    us
    Feb 2012
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    Coin roll hunting

    Jump in Silver PRICE

    What is happening in the price of silver in the past 2-weeks that is causing such a rise. As of 1pm NY, @ $15.93/oz today 7/17/19.
    Let it climb, bring it on, about time.

  2. #2
    Charter Member
    us
    Dec 2008
    St. Augustine, FL
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    Wake me when it cracks $20/oz.

  3. #3
    Charter Member
    us
    Travis Mitchell

    Feb 2016
    Elizabethtown, IN
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    Basically this. https://goldprice.org/news/gold-price-recap-july-8-12

    The feds are looking to cut interest rates not necessarily due to a weak dollar as I understand it but more to do with global economic factors. So we have a mix of strong dollar value and slightly better gold/silver value (silver is still way low in my view 90/1 ratio today)
    I'm with Diver I don't expect much to happen soon well see if it cracks $20/oz.
    basque-man and A2coins like this.

  4. #4
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    Tommy

    Dec 2015
    Ann Arbor
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    That would be good I do think down the road 10 years or so it will be way higher due to technology uses. and stability of it compared to the Dollar

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  5. #5
    us
    Dec 2009
    AR
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    Quote Originally Posted by Dozer D View Post
    What is happening in the price of silver in the past 2-weeks that is causing such a rise. As of 1pm NY, @ $15.93/oz today 7/17/19.
    Let it climb, bring it on, about time.
    IMO, unless you are needing/wanting to sell, a jump in price is a bad thing. I wish it would drop back into the single digits for a few years.
    Toecutter, LooseChange and A2coins like this.

  6. #6
    us
    Ed

    Jul 2018
    Eastern Connecticut
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    if this current price rise is like the ones in the recent past, it'll last for only a short time and prices will drop once again. I'd like to see $4 silver for awhile so that I could buy a load at a bottom end price. When it becomes time for me to sell then I want to see it at $50 per ounce.
    A2coins and weighit like this.

  7. #7
    us
    Jun 2013
    El Dorado County
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    16 going to 50!!!.... Well one can hope anyways.
    Quote Originally Posted by GoldDoozah View Post
    The fact that homo sapiens teach genetically engineered canines tricks, on the third planet of this particular star in the Milky Way, is extremely unlikely.

  8. #8

    Sep 2012
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    This is the cheapest that silver has been in nearly 3 decades - if you are buying it with gold that is.

    As eman says, the ratio is 90:1. You haven't been able to get 90oz of silver for each oz of gold anytime this century (since around 1992 it seems). The ratio came close in 2016, but did not go over 90.
    RustyGold and A2coins like this.

  9. #9
    Charter Member
    us
    Oct 2014
    Massachusetts
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    I remember when the price of silver skyrocketed, boy I made a lot of money! Love to see it one more time in my life!
    A2coins likes this.

  10. #10
    us
    Feb 2008
    Great Lakes State
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    Nothing to see here. All markets rigged, all the time.

  11. #11
    Charter Member
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    Tommy

    Dec 2015
    Ann Arbor
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    If it went to 4 dollars I would buy a ton of it too. Gotta wait and see what this crazy world does then see what happens

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  12. #12
    us
    Jul 2019
    Deltona Fl
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    Quote Originally Posted by Dozer D View Post
    What is happening in the price of silver in the past 2-weeks that is causing such a rise. As of 1pm NY, @ $15.93/oz today 7/17/19.
    Let it climb, bring it on, about time.
    Well, today it's $16.40. I believed all the BS when it was in the $30+ range and bought 2000 ozs. My average price per oz is now $24 so I have a long way to go to break even. The gold I bought averaged $1320 so now I'm ahead of the game. Wished I bought gold instead of silver.... Silver should do go for awhile and will lead gold.
    mytimetoshine likes this.
    Looking for a hunting buddy in or around Deltona Fl.

  13. #13
    us
    Jun 2013
    El Dorado County
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    Quote Originally Posted by Billieg View Post
    Well, today it's $16.40. I believed all the BS when it was in the $30+ range and bought 2000 ozs. My average price per oz is now $24 so I have a long way to go to break even. The gold I bought averaged $1320 so now I'm ahead of the game. Wished I bought gold instead of silver.... Silver should do go for awhile and will lead gold.
    We must have bought at the same time lol
    Billieg likes this.
    Quote Originally Posted by GoldDoozah View Post
    The fact that homo sapiens teach genetically engineered canines tricks, on the third planet of this particular star in the Milky Way, is extremely unlikely.

  14. #14
    Charter Member
    us
    Mar 2013
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    Some of my silver is the $50.00 stuff. I've been patient for over 30 years - and I AM still patient. I've the time OR my kids do
    Billieg likes this.
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  15. #15
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    Wood Butcher

    Apr 2013
    Indian River Co., Fl
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    I had friend tell me three weeks ago silver was ready to go. He was trying to tell me what he was seeing but
    if you don't have it to invest you don't have it.
    Billieg likes this.

 

 
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