S I L V E R $12.00, G O L D $600.00 r a t i o 50 to 1
jeniffer007
Posts: 48
can it reach these prices tomorrow?. current high for silver is $11.55, gold $587.20, ratio 50.84 to 1.
note: prices will be change when ever it breaks a new high.
note: prices will be change when ever it breaks a new high.
0
Comments
I guess it could. Gold is coming out of oversold territory from a chart prospective. This makes the likelyhood of a higher gold price more likely than not. I tend to think silver moves up easier when gold is moving higher. In the end, the large investors control price movements on the short term basis. Im hanging on to my silver and gold for the long haul so daily swings like the ones we are witnessing, although nice, dont really mean anything.
Prices are flying out in space. Makes me glad I made the right moves last year.
I read that silver could hit $15 before the ETF is released. And then it could drop once pressure is off. Or the ETF could build obscene upward pressure.
But $15 before the ETF is the key.
--Severian the Lame
<< <i>Holy crap.
I read that silver could hit $15 before the ETF is released. And then it could drop once pressure is off. Or the ETF could build obscene upward pressure.
But $15 before the ETF is the key. >>
At 15.00, I thinkl silver is still cheap. As crazy as that might sound, I think silver deserves a 50-60 an oz price. If gold gets to 1000 an ounce we will have no problem seeing 50.00 silver. Im still buying more even at these prices, if I can free up some mhulla.
2003 silver low $4.37 up 164% from today high $11.55
2004 silver low $5.49 up 110%
2005 silver low $6.39 up 81%
2006 silver low $8.83 up 31%
<< <i>2003 silver low $4.37 up 164% from today high $11.55
2004 silver low $5.49 up 110%
2005 silver low $6.39 up 81%
2006 silver low $8.83 up 31% >>
1980 silver high: $48.70.
Today's high: $11.55.
Down 76%.
Russ, NCNE
<< <i>
<< <i>2003 silver low $4.37 up 164% from today high $11.55
2004 silver low $5.49 up 110%
2005 silver low $6.39 up 81%
2006 silver low $8.83 up 31% >>
1980 silver high: $48.70.
Today's high: $11.55.
Down 76%.
Russ, NCNE >>
heh,
I'd give you the world, just because...
Speak to me of loved ones, favorite places and things, loves lost and gained, tears shed for joy and sorrow, of when I see the sparkle in your eye ...
and the blackness when the dream dies, of lovers, fools, adventurers and kings while I sip my wine and contemplate the Chi.
<< <i>
<< <i>2003 silver low $4.37 up 164% from today high $11.55
2004 silver low $5.49 up 110%
2005 silver low $6.39 up 81%
2006 silver low $8.83 up 31% >>
1980 silver high: $48.70.
Today's high: $11.55.
Down 76%.
Russ, NCNE >>
$48 sounds good to me !!!
What's that in 2006 dollars??
Over $50??? I'll sell everything at $50.
I may be dreaming, but so what.
<< <i>
<< <i>
<< <i>2003 silver low $4.37 up 164% from today high $11.55
2004 silver low $5.49 up 110%
2005 silver low $6.39 up 81%
2006 silver low $8.83 up 31% >>
1980 silver high: $48.70.
Today's high: $11.55.
Down 76%.
Russ, NCNE >>
$48 sounds good to me !!!
What's that in 2006 dollars??
Over $50??? I'll sell everything at $50.
I may be dreaming, but so what. >>
Would you really?
Non-collectors think silver is precious, so I wouldn't have a problem with Silver being in the $20-30 (USD) range soon.
I would have to say... my "selling point" is about ~30x what I paid for things... the point where I say "I like it, but if you're willing to give me that much, you can have it!"
PS I bought some peace dollars recently (for the silver hoard); anyways, it's crazy to think (vs. the price I paid) that my yield for 1 month is 30%! Me thinks it's time to take up another hobby till the craziness passes...
~g
I'd give you the world, just because...
Speak to me of loved ones, favorite places and things, loves lost and gained, tears shed for joy and sorrow, of when I see the sparkle in your eye ...
and the blackness when the dream dies, of lovers, fools, adventurers and kings while I sip my wine and contemplate the Chi.
<< <i>
<< <i>
<< <i>2003 silver low $4.37 up 164% from today high $11.55
2004 silver low $5.49 up 110%
2005 silver low $6.39 up 81%
2006 silver low $8.83 up 31% >>
1980 silver high: $48.70.
Today's high: $11.55.
Down 76%.
Russ, NCNE >>
$48 sounds good to me !!!
What's that in 2006 dollars?? >>
Roughly $125
Inflation Calculator
Weiss,
Why do you feel $15/oz is a critical price point relative to ETF intro? (not disagreeing, just curious as to your thinking)
Thanks,
Don
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
<< <i>Do people think the gold:silver ratio has any meaning? >>
Hmmmm, I like to think about things in a "relative value" sort of way... if gold is ~$550 USD, shouldn't Ag be ~$48'ish?
I'd give you the world, just because...
Speak to me of loved ones, favorite places and things, loves lost and gained, tears shed for joy and sorrow, of when I see the sparkle in your eye ...
and the blackness when the dream dies, of lovers, fools, adventurers and kings while I sip my wine and contemplate the Chi.
It feels like at least 50, out of those 43 posts, are about Silver price
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>Hmmmm, I like to think about things in a "relative value" sort of way... if gold is ~$550 USD, shouldn't Ag be ~$48'ish? >>
Nope, in a free market, it "should be" what it is.
And 50 to 1 has been a lot more realistic ratio for the past 75 years
<< <i>
<< <i>Do people think the gold:silver ratio has any meaning? >>
Hmmmm, I like to think about things in a "relative value" sort of way... if gold is ~$550 USD, shouldn't Ag be ~$48'ish? >>
I do too (like to think in terms of "relative value"), but it seems clear to me that few who actually drive the price of these metals do. I don't think many large buyers or sellers of silver or gold make those decisions based on the Au/Ag ratio. In the last 30 years or so the ratio has varied from 20:1 to 100:1. Ignoring the Hunt Bros attempt to corner the ag market, the ratio has still varied widely between 1:30 and 1:100. To me, that is a convincing arguement against the ratio having a strong influence on pricing of either metal.
Don
<< <i>silver is $11.55, gold $587.20, ratio 50.84 to 1. >>
Jennifer - do you own any metals, or are you just really good at division?
My posts viewed
since 8/1/6
I'm not a fan of the ratio thing. Check out this chart, looks like the bottom of a 500 year bear market for silver. Onward and Upward from here.
http://bigpicture.typepad.com/comments/2006/01/500_year_chart_.html
<< <i>can it reach these prices tomorrow?. current high for silver is $11.55, gold $587.20, ratio 50.84 to 1.
note: prices will be change when ever it breaks a new high. >>
new high prices breed auctions like this.
link
what a shame
Is this 1979 all over again?
<< <i>Is this 1979 all over again? >>
If so, I'm not making the same mistake twice - I vow never to purchase another Donna Summer album again.
POTD = 09/03/2003
I could become a very short term bull. While the Au/Ag ratio was bound to decrease there
it was not so apparent that silver could blow by all these stops on its way to its current price.
While I've long figured that $12 was the upside limit on this move it is possible it will go all the
way to the old resistance level of $14.
The market is in chaos now due to extraneous factor so there is huge risk. Short term players
could get blown out of the water pretty suddenly. Caution is well advised at this level but long
term holders can continue to nibble with little fear. It might even be a good idea to make a few
sales or trades for numismatic material if we do go to $14.
<< <i>silver $11.62 high and gold $587.20 high. ration 50.53 to 1 baby. >>
You're not really female, right?
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
p.s. by the way, in asia. silver and gold continue to break the new york closing prices.
<< <i>i don't understand that you guys were so mad about reporting silver and gold prices. these metal were boom once every thirty years and some of us just want to enjoy this moment where it is also related to our collection which is mainly silver. you have all your spaces for antique for so many years. why we can use it these few days?.
p.s. by the way, in asia. silver and gold continue to break the new york closing prices. >>
I don't think anyone was really mad - but you have to admit that 5 or 6 topic lines regarding this on the front page was excessive.
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
We don't complain when the millionth thread is started about "post a picture of a nice coin"
or "what do think this will grade" or even another dang "VAM" thread.
Get off your high horse.
hi, i'm tom.
i do not doctor coins like some who post in here.
<< <i>i don't understand that you guys were so mad about reporting silver and gold prices. these metal were boom once every thirty years and some of us just want to enjoy this moment where it is also related to our collection which is mainly silver. you have all your spaces for antique for so many years. why we can use it these few days?.
p.s. by the way, in asia. silver and gold continue to break the new york closing prices. >>
Well, jeniffer, part of the issue is you keep starting new threads with the same topic (silver prices) but no discussion. That's not really the idea here. Why not just update one thread with new information instead of starting separate threads so frequently?
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
<< <i>well, i'm leaving this forum. hastalavista baby. see you silver at $20.00. >>
Thanks for stopping by
I wish you a long and happy life updating message boards around the world with the price of silver
My posts viewed
since 8/1/6
<< <i>well, i'm leaving this forum. hastalavista baby. see you silver at $20.00. >>
You comin back tomorrow eh...
<< <i>
<< <i>well, i'm leaving this forum. hastalavista baby. see you silver at $20.00. >>
Thanks for stopping by
I wish you a long and happy life updating message boards with the price of silver >>
Ouch. personally I liked the silverbug updates...
Today - 2200 or so
loss - 56%
Yes, you can play this game with any market when you start selecting your own time periods.
If the super rich used this sort of logic in buying their investments....they would not rich.
roadrunner
<< <i>i don't understand that you guys were so mad about reporting silver and gold prices. these metal were boom once every thirty years and some of us just want to enjoy this moment where it is also related to our collection which is mainly silver. you have all your spaces for antique for so many years. why we can use it these few days >>
try limiting it to one thread a day which can be updated, and also try and not edit your replys every few minutes.
i enjoy reading on the subject, I do not however enjoy tripping over the other 5+ threads you startup daily on the subject.
nough said
thank you
please drive thru
Go BIG or GO HOME. ©Bill