Letme be the first to say

favored papa · Mar 4, 2011

welcome to the world of $35.00 per oz. Just before 8 am Mountain time. now do we hear $40.00?

AGCoinHunter · Mar 4, 2011

Soon enough. Rabid demand from Asia is driving this thing. They now realize the dollars they own are not worth the paper and ink used to print them. Ben, crank up the presses and see if we can dupe some more people before this thing really explodes.....

packerbacker · Mar 4, 2011

That silver chart shot straight up like something unusual happened to spike it so quickly but I don't see anything in the news that is significantly out of the usual. Hmmmmmmmmmmm

See?

AGCoinHunter · Mar 4, 2011

packerbacker said:
That silver chart shot straight up like something unusual happened to spike it so quickly but I don't see anything in the news that is significantly out of the usual. Hmmmmmmmmmmm
See?

Yeah the dollar took a crapper in the early going. Flight to safty underway.

Also, Libyan oil wells reported on fire and oil is jumping. Over $103 now.

packerbacker · Mar 4, 2011

Didn't see anything about the fire. That must be it. $35.33 right now and still climbing.

mr_larry · Mar 4, 2011

The dollar has been getting hammered every single day for the past couple of weeks. THe other part of the equation is that there is no silver at the COMEX. Traders need to make delivery on futures contracts and there is a physical shortage of the metal. The spot market is driving the price upwards. December silver is cheaper than April silver!

AGCoinHunter · Mar 4, 2011

The dollar is underway to the lowest historical levels on the index which was around 72 during the 2008 crash. Right now we stand around 76 and dropping every day. Oil continues to push up destroying billions of US GDP.

Also read that India is now using Euro's to pay Iran for oil payments. This doesnt bode well for the dollar.

StevoCBR · Mar 4, 2011

$40 easy by the end of march and think $50 more likely. :headbang:

mr_larry · Mar 4, 2011

CNBC just had the CEO of Silver Wheaton on the air. He said he would even think about hedging against a decline in the price of silver until it hits $50 an ounce. I have never heard more bullish words spoken from a guy who runs a company that makes 90% of its profits off of silver!

999digger · Mar 4, 2011

I think it will soon hit 40. Do you guys think right now is a good time to buy silver?

fistfulladirt · Mar 4, 2011

999digger said:
I think it will soon hit 40. Do you guys think right now is a good time to buy silver?

Dont know what ya got till it's gone.

fistfulladirt · Mar 4, 2011

999digger said:
I think it will soon hit 40. Do you guys think right now is a good time to buy silver?

Just months ago at $20 they said don't buy. Again at $25. And at $30. And at.......

999digger · Mar 4, 2011

fistfulladirt said:
999digger said:

I think it will soon hit 40. Do you guys think right now is a good time to buy silver?

Click to expand...

Just months ago at $20 they said don't buy. Again at $25. And at $30. And at.......

So your saying I should buy now. That's a good song.

mr_larry · Mar 4, 2011

Buy high and sell higher. The trend is your friend!

Fredness · Mar 4, 2011

999digger said:
...That's a good song.

...and you've got a Cinderella Avatar - anyone else catch the irony?

[Swallows a handful or gravel, chases it with lighter fluid and belts out his best 'Keifer' voice]: "Don't Know What You Got, 'Til It's Gone...." - man I miss the Eighties...
Saw them in a bar in El Paso, TX with Warrant and another throwback "hair metal" [Edit: DOKKEN!, how could I forget?] band in '02(?).

[/derail]

JD-GA · Mar 4, 2011

I tried to order a client 5 rolls of eagles today. 2 of my sources said "we are out." The other source said $5 over spot and we can do 2 rolls only. This tell you anything?

999digger · Mar 5, 2011

Fredness said:
999digger said:

...That's a good song.

Click to expand...

...and you've got a Cinderella Avatar - anyone else catch the irony?

[Swallows a handful or gravel, chases it with lighter fluid and belts out his best 'Keifer' voice]: "Don't Know What You Got, 'Til It's Gone...." - man I miss the Eighties...
Saw them in a bar in El Paso, TX with Warrant and another throwback "hair metal" [Edit: DOKKEN!, how could I forget?] band in '02(?).

[/derail]

I noticed your profile says that you are from Antarctica. Very cool.

CHAINCHOMP · Mar 9, 2011

welcome to the world of $36!!!!!!! :hello2:

huskie fan · Mar 9, 2011

JP Morgan is getting killed with their silver contracts! They are trying to get out and losing millions. Silver will be at $90 shortly! This is not enough silver out there.

CHAINCHOMP · Mar 11, 2011

huskie fan said:
JP Morgan is getting killed with their silver contracts! They are trying to get out and losing millions. Silver will be at $90 shortly! This is not enough silver out there.

im not very pro in the fields of silver markets, so just curious, do u know what they are expecting silver prices to be at next year, and so on? you seem like a knowledgeable person, so thats why im asking you...thanks in advance.