Welcome $38 silver per oz!!!

[BuffaloBoy]

Silver hit $38.03! What's next to come this week? $40? $45? ... ... ...

What prices do you plan to sell your silver at?

how much do you expect silver to be by June 2011?

 

[db23]

Sell? I'm collecting as much as I can to prepare for the inevitable crash of the US dollar.

 

[StevoCBR]

I'm not selling till the market corrects from all the decades of manipulation. $100oz is what my Ag is worth.

 

[fistfulladirt]

I might sell at $300. For worthless paper. Wheelbarrows full!

 

[clovis97]

I am guessing that silver will continue to grow, then fall back, and then spike again within the next two years...or at least that is what I'm saying today.

$100 silver within 2 years is not out of the question, but we could see high $20's again before that.

 

[Generic_Lad]

I'm not selling to paper money unless I really have some need. Rather, I might trade up to some more gold if silver keeps climbing. I don't think that we are even beginning to see the effects that the Fed printing money has had. Instead, most of that money is still sitting in banks because banks don't want to loan any money right now. When they finally start to loan it out... we will see how bad of a mess we are in then.

Something tells me that because of this, $38 an ounce is a bargain if you hold on to it for a few months. I remember some people saying I was crazy for buying silver at $17 an ounce because they had seen silver at $8 an ounce many years ago and that silver wasn't going to go up

 

[obsessedwithsilver]

I may sell some at $40, but I will keep some as well.

OWS

 

[mlayers]

I am thinking on selling $50 wourth of 40%er's to help with a unexpected bill. But other wise I am going to keep my 90% and the rest of the 40% untill something else come up. I am going to check around to see what kind of price I can get for the 40's then decide on who to sell to. Dose anyone know of someone that pays a decent price......Matt

 

[timbobwey]

sell if you have to, in this hobby we get it for cheap any how. I'm not going out and buying silver these days. But I'll wait till I'm in a real mess before I sell

 

[prospectordamon]

not exciting, it will crash very very soon, following the same pattern it did in the late 70's i think it was, someone post an analytical chart from then, rose to an all-time high then CRASHED to around 8/oz for over a decade! you will see this happen again very soon

 

[EpicDeuce]

I am thinking on selling $50 wourth of 40%er's to help with a unexpected bill. But other wise I am going to keep my 90% and the rest of the 40% untill something else come up. I am going to check around to see what kind of price I can get for the 40's then decide on who to sell to. Dose anyone know of someone that pays a decent price......Matt

Sold a few 40% for 5.30 the other day. Not bad, but not great either... .30 below spot value per coin....

 

[clovis97]

not exciting, it will crash very very soon, following the same pattern it did in the late 70's i think it was, someone post an analytical chart from then, rose to an all-time high then CRASHED to around 8/oz for over a decade! you will see this happen again very soon

If history repeats itself, and that happens, I'll be buying as much silver as I can afford every week.

 

[Reverend B*IKE*]

I am thinking on selling $50 wourth of 40%er's to help with a unexpected bill. But other wise I am going to keep my 90% and the rest of the 40% untill something else come up. I am going to check around to see what kind of price I can get for the 40's then decide on who to sell to. Dose anyone know of someone that pays a decent price......Matt

Sold a few 40% for 5.30 the other day. Not bad, but not great either... .30 below spot value per coin....

I am like you EpicDeuce I am selling a bit of my 40% and exchanging it for 90% and buying those below spot ASE. What I would like to know, what are you guys doing about all your Cash in the Banks? Savings, IRAs, MM, Stocks, Mutual Funds, 401K, etc. IF your really think the US paper money is going to turn into Confederate cash?

 

[FreedomUIC]

not exciting, it will crash very very soon, following the same pattern it did in the late 70's i think it was, someone post an analytical chart from then, rose to an all-time high then CRASHED to around 8/oz for over a decade! you will see this happen again very soon

Not the same scenario.

 

[quiksilver]

Depends on why you collect silver

1. if you have faith in the goverment and collect for the free money then sell as you get it
2. if you have no faith in our govermental policies selling is probably foolish
3. if you like gambling variations of selling highs and or buying dips is possible

 

[Generic_Lad]

not exciting, it will crash very very soon, following the same pattern it did in the late 70's i think it was, someone post an analytical chart from then, rose to an all-time high then CRASHED to around 8/oz for over a decade! you will see this happen again very soon

The difference is inflation and demand. More things require silver at the moment than did in the 70s/80s and we are going to see higher levels of inflation than we probably ever have seen. Just look at the graph that I posted a few posts back about the monetary base, the fact is that the fed has more than doubled the monetary base in a period of about 3 years. That is going to have a -huge- impact on prices as soon as that money leaves the banks.

I think that there is unprecedented demand for silver (and gold) at the moment. This isn't the hunt brothers cornering the market anymore, this is a combination of a lack of supply, large demand, and soon to be unprecedented inflation in the US means that we won't see silver at $8 and ounce until things get so bad that we have to revalue our currency.

 

[BuffaloBoy]

$38.57 and rising!!

 

[prospectordamon]

not exciting, it will crash very very soon, following the same pattern it did in the late 70's i think it was, someone post an analytical chart from then, rose to an all-time high then CRASHED to around 8/oz for over a decade! you will see this happen again very soon

The difference is inflation and demand. More things require silver at the moment than did in the 70s/80s and we are going to see higher levels of inflation than we probably ever have seen. Just look at the graph that I posted a few posts back about the monetary base, the fact is that the fed has more than doubled the monetary base in a period of about 3 years. That is going to have a -huge- impact on prices as soon as that money leaves the banks.

I think that there is unprecedented demand for silver (and gold) at the moment. This isn't the hunt brothers cornering the market anymore, this is a combination of a lack of supply, large demand, and soon to be unprecedented inflation in the US means that we won't see silver at $8 and ounce until things get so bad that we have to revalue our currency.

quote is inflation


well said! keyword in this entire

 

[yonico]

$39.05/oz was today's high