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Welcome Part II

FreedomUIC

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All Treasure Hunting
Silver just broke $38.00 at 10:45 this morning.

Have to pick my jaw off the floor.
 
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I just wish I started building my "stash" a few years ago.
 
jarhoops said:
I just wish I started building my "stash" a few years ago.
Yea, at $4/Oz, LOL. Luckily, I got in at the $10-12 range.
 
jarhoops said:
I just wish I started building my "stash" a few years ago.

well then learn the lesson and hoard copper pennies
 
quiksilver said:
jarhoops said:
I just wish I started building my "stash" a few years ago.

well then learn the lesson and hoard copper pennies

Yep.
 
I haven't tracked copper much. Is there data indicating that it's value is on the rise?
 
I think a correction is due on the silver market, but even if we have an adjustment on price, I think silver will hit $50 easily.

I met a guy today that said he thinks silver could hit $100 an ounce before the year is over.
 
Silver has more than doubled in less than a year.......part of it is increased demand (China, India), but i think the majority of the move is due to speculation by both big banks and individuals. When silver falls out of favor (just like oil did) we will see a large drop in price, my guess back to $15-$20/oz. My plan is to sell at $45, then buy back at $22 or so. By the way...i am a Commercial Credit Analyst, so i am somewhat knowledgeable in the business/investing arena. I'm no Warren Buffet, but i'm not GW Bush either......lol.
 
I don't think I could ever part with any of my coinage. Except for the 40%, which I trade off anyway.
Sure wish I'd saved the hundreds of pounds of copper I've scrapped over the years.
How about a tv show "Scrappers". Hey copper over $4 pound, buying old machines and electronics, blah blah, could be very lucrative.
 
I taking off to Fl tomorrow but when I get back I am planning on unloading my 40%er's. About copper I have over a hundred pounds of it. I scrap on the side and I use my scrap money to buy coins. Free scrap turns out to be free coins......Matt
 

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