jewelerdave
Hero Member
- Aug 29, 2007
- 848
- 96
- Detector(s) used
-
I just follow my nose!...where the silver and gold goes!
Minelab 5000, Goldmaster, and a few others
XRF spectrometer, Common sense.
- Primary Interest:
- Prospecting
Just wondering if anyone would still hunt if silver came crashing back down to $4 an ounce.
This would make a 90%er worth about a $1.50 and a %40er worth about 60 cents.
$3.40 silver would make a %40er worth Fifty cents. At least there is that protection right?
If the powers that be decide to make everything fine again after they take so much....what would this do to commodity prices.
Think about this, In the last couple months silver has fallen about $6-$7 per ounce.
Sitting at about $11 today....in a couple months what would you do if the price of silver slipped yet another $6-$7 per ounce?...because everything will be fine right?
What if the democrats win and bring back a powerful 1990s type economy? $1 a gallon gas, $5 silver...and maybe $15 to $20 per hour minimum wage.
Would people still hunt or would the old coins stack up in warehouses.
Reason being, Things always get better. This is nothing compared to the depression or WWII
would you sell your hord...or dare I say it...deposit it!
This would make a 90%er worth about a $1.50 and a %40er worth about 60 cents.
$3.40 silver would make a %40er worth Fifty cents. At least there is that protection right?
If the powers that be decide to make everything fine again after they take so much....what would this do to commodity prices.
Think about this, In the last couple months silver has fallen about $6-$7 per ounce.
Sitting at about $11 today....in a couple months what would you do if the price of silver slipped yet another $6-$7 per ounce?...because everything will be fine right?
What if the democrats win and bring back a powerful 1990s type economy? $1 a gallon gas, $5 silver...and maybe $15 to $20 per hour minimum wage.
Would people still hunt or would the old coins stack up in warehouses.
Reason being, Things always get better. This is nothing compared to the depression or WWII
would you sell your hord...or dare I say it...deposit it!
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