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Posted: 9/17/2009 4:14:41 AM EST
Ok guys, the price of Silver is at about $17.30 per ounce, and Gold is at about $1015. (Wow) How
much higher can it really go? I'm already on the Silver train, should I still keep buying, or should I
wait to see if the price comes back down a little?
Link Posted: 9/17/2009 4:20:45 AM EST
[Last Edit: 9/17/2009 4:28:21 AM EST by fundummy]
Hard to call ...

It may be better to get your hands on it ASAP.

If the price goes down, I don't think it will be by much.
This time next year, it's really gonna be high.

ETA: if you are going through your change, here's a handy link.
It calculates " spot " price of the metal content, of the particular coin.... Not collector value.

http://www.coinflation.com/
Link Posted: 9/17/2009 4:20:51 AM EST
The way to make money, I am told, is to buy low and sell high. Are the silver prices higher than historic prices?

SRM
Link Posted: 9/17/2009 4:22:09 AM EST

Originally Posted By SRM:
The way to make money, I am told, is to buy low and sell high. Are the silver prices higher than historic prices?

SRM

Yes, but keep in mind, that just a small fraction of federal simulous money has been spent. We are just now starting to monetize the debt. This is probably the time to buy.
Link Posted: 9/17/2009 4:24:16 AM EST
Hmmmmmmm, but these are uncharted territories we are in. I don't think Gold or Silver has ever been this high before. Has it?
Link Posted: 9/17/2009 4:46:29 AM EST
Originally Posted By Beerbellybo:
Hmmmmmmm, but these are uncharted territories we are in. I don't think Gold or Silver has ever been this high before. Has it?


Yeah, adjusted for inflation gold was much higher during the Carter administration.

Link Posted: 9/17/2009 4:49:16 AM EST
I didn't realize silver was still that low, I figured it would be much higher given where gold is.
Link Posted: 9/17/2009 4:52:52 AM EST
so where the hell does one buy silver?
Link Posted: 9/17/2009 4:55:14 AM EST
Originally Posted By kaizer27:
so where the hell does one buy silver?


I have bought some thru here....usually ships pretty fast...

https://www.apmex.com/Default.aspx
Link Posted: 9/17/2009 5:05:26 AM EST
Originally Posted By kaizer27:
so where the hell does one buy silver?


some of the funshows have coin / precious metal dealers... be sure to check prices before you go.
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