last time silver was over $10?

JJM

I can only find a 10 yr chart?, has it been over $10

100proof1957

dont believe so

cladking

No. It bottomed out in about '94 and has been struggling to put together a series
of small gains ever since. Everytime it would climb up a little it would be beaten back
hard by the shorts.

It shouldn't be assumed that this is THE move. Every indication seems to be this is
just a realignment based on a changed psychology and triggered by buying in pre-
paration for the ETF.

I'm still looking for silver to build a base in the $12 area.

Russ

<< <i>has it been over $10 >>



In 1980 it was WAY over $10.

Russ, NCNE

291fifth

1984.

Geoman

In the mid 1980's I bought several 10oz bars of silver at $10/oz. on the advice of my Dad's barber. After 20 years, I now can break even!

Don't ever trust a barber!!

topstuf

<< <i>bought several 10oz bars of silver at $10/oz. on the advice of my Dad's barber. >>



If you had chopped the barber down the middle, you would have 2 barber halves which might have been better than the silver.

groaaannnnn

BlindedByEgo

<< <i>In the mid 1980's I bought several 10oz bars of silver at $10/oz. on the advice of my Dad's barber. After 20 years, I now can break even!

Don't ever trust a barber!! >>



Looks like you got a haircut

nccoin

10.23 right now

Merc

Silver is amazing. I have been tracking it for years since I was a YN. I knew it had been at $50 in 1980 but that was 1 short fast run. I bought some silver rounds as a kid with the hope it would return to its record high. Over the years, it made a brief run to $9 in the late 80's and then sank to $2.50 for awhile.

What is the big push for silver this time? Is the US dollar just that weak?

GoYankees

<< <i>

<< <i>has it been over $10 >>



In 1980 it was WAY over $10.

Russ, NCNE >>



Ah yes, inflation during the Carter Admin.

I think gold was at $800/oz and silver at $43/oz.

Bochiman

Maybe it's time to sell a roll of recent SAEs on ebay

MrKelso

RedTiger

Not a chart, but a long term table with yearly average prices.

http://www.kitco.com/scripts/hist_charts/yearly_graphs.cgi link



1982 was the last full year where the average price of silver exceeded $10 per ounce. The only other time it happened was two years during the Hunt Brothers bubble years.

stockwiz

it's so hard to gauge what gold and silver may do because they have been controlled by the international banking interests for so long.. just think back to 1933, when the government told us we must turn in our gold for 20 dollars an ounce, and when we did, they rose the price to 40. The price is the freeist it's ever been in history, but still under heavy pressure from options paper trading, which in silver dwarfs actual physical supply and demand from a monetary standpoint. What happens when hundreds of millions of paper silver flood the options markets and dwarf the physical markets for years on end?

cladking

<< <i>


1982 was the last full year where the average price of silver exceeded $10 per ounce. The only other time it happened was two years during the Hunt Brothers bubble years. >>



I believe the chart is the yearly closes rather than the average.