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Silver $19 ~ New Month = New highs!

gsa1fangsa1fan Posts: 5,566 ✭✭✭
in Precious Metals
December 1stimage



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Avid collector of GSA's.

Comments

  • RedHerringRedHerring Posts: 2,077 ✭

    Ringing in the holiday season!

    Cha-ching! image
  • moonshinemoonshine Posts: 1,039 ✭✭
    is there a problem with the first thread on this subject?

    *sigh*

  • secondrepublicsecondrepublic Posts: 2,619 ✭✭✭
    finally... silver has been lagging big time compared with gold.
    "Men who had never shown any ability to make or increase fortunes for themselves abounded in brilliant plans for creating and increasing wealth for the country at large." Fiat Money Inflation in France, Andrew Dickson White (1912)
  • 1jester1jester Posts: 8,637 ✭✭✭
    Silver is still dirt-cheap. Just bought another couple hundred ounces. Trying to catch up with Otis, but I know I'll never get close to that high-rollin' pimp daddy.

    imageimageimage
    .....GOD
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    "Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you." -Luke 11:9

    "Hear, O Israel: The LORD our God is one LORD: And thou shalt love the LORD thy God with all thine heart, and with all thy soul, and with all thy might." -Deut. 6:4-5

    "For the LORD is our judge, the LORD is our lawgiver, the LORD is our king; He will save us." -Isaiah 33:22
  • Coll3ctorColl3ctor Posts: 3,334 ✭✭✭


    << <i>is there a problem with the first thread on this subject?

    *sigh* >>





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  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    full circle image

    Liberty: Parent of Science & Industry

  • johnny9434johnny9434 Posts: 28,294 ✭✭✭✭✭
    if we only had a crystal ball.
  • OverdateOverdate Posts: 7,007 ✭✭✭✭✭
    Since December 2009:

    The value of the dollar has declined by 7.3% (*official* figure, which is probably conservative).

    M2 money supply has increased by 24%.

    Mining costs have increased, implying lower future mine supply.

    Demand for physical silver has increased by a significant amount.

    Overall, silver at $19 appears to be a better value now than it was in 2009.

    My Adolph A. Weinman signature :)

  • derrybderryb Posts: 36,779 ✭✭✭✭✭


    << <i>if we only had a crystal ball. >>


    I've got one.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

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