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$10 silver

coin22lovercoin22lover Posts: 3,540 ✭✭✭
in Precious Metals
Will this continue until silver is below $10?

Comments

  • gecko109gecko109 Posts: 8,231 ✭


    << <i>Will this continue until silver is below $10? >>




    One can only hope! What a nice xmas present that would be!
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    OMG that would be awesome. I'd back the truck up.
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  • ajbaumanajbauman Posts: 1,174 ✭✭✭
    Even if silver goes down to $10 (which I hope for), the premiums will probably go up.
    Buying £2 Britannias
  • carew4mecarew4me Posts: 3,470 ✭✭✭✭
    Ca you imagine $12 SAEs?
    $110 Engelhard 10ozers??


    Major FRN conversion.....ACTIVATE!

    Loves me some shiny!
  • PerryHallPerryHall Posts: 46,122 ✭✭✭✭✭
    Don't hold your collective breaths you guys. It ain't going to happen.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • DarinDarin Posts: 7,043 ✭✭✭✭✭
    I've got enough, a lot of my silver eagles were bought at $7.50 so I would hate to see the price go down that much. I remember I even ordered my Dad two rolls at $150 each, I don't think he follows the price of silver much so he would probably be suprised what they're worth now if I told him.
  • jmski52jmski52 Posts: 22,839 ✭✭✭✭✭
    Will this continue until silver is below $10?

    I do think it is more likely that the price will go in the other direction.image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • AgBloxAgBlox Posts: 744 ✭✭
    I would welcome $10 silver with open arms. I have a chunk of cash set back for just that occasion. I imagine we'll see $25 silver be $10 silver.
  • guitarwesguitarwes Posts: 9,266 ✭✭✭


    If silver dropped to $10/oz, you'd still pay ~ $18-$20 for a SAE, if you could find them. The premiums would skyrocket something fierce.

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  • ttownttown Posts: 4,472 ✭✭✭


    << <i>If silver dropped to $10/oz, you'd still pay ~ $18-$20 for a SAE, if you could find them. The premiums would skyrocket something fierce. >>




    I'd have to agree the you'd pay at least $5 over spot price. Under $10 silver is now only for paper silver. When it fell below $9 last time you'd couldn't get physical silver for less than the high $12 range and I think it may get to be a bigger spread as the scam is uncovered by everyone.
  • 19Lyds19Lyds Posts: 26,490 ✭✭✭✭


    << <i>Ca you imagine $12 SAEs?
    $110 Engelhard 10ozers??


    Major FRN conversion.....ACTIVATE! >>



    Actually, I can remember $9 SAE's as well as $37 Morgans but that was a different time.

    As stated earlier, there are simply some profits being taken as the current state of the economy simply does not dictate $10 silver.
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  • Coll3ctorColl3ctor Posts: 3,334 ✭✭✭


    << <i>Will this continue until silver is below $10? >>




    image
  • AgBloxAgBlox Posts: 744 ✭✭
    I remember buying ASE's for $5 not 5-6 years ago....
  • Coll3ctorColl3ctor Posts: 3,334 ✭✭✭
    I remember they were $8.00 each at my local coin shop in 1986. What was silver back then ? $4.00 an ounce ?
  • AgBloxAgBlox Posts: 744 ✭✭
    I was buying them from Littleton Coin company in 2003-04 for $5 and a few other sources.
  • Coll3ctorColl3ctor Posts: 3,334 ✭✭✭


    << <i>I was buying them from Littleton Coin company in 2003-04 for $5 and a few other sources. >>





    image


    Promotion with limited numbers ?
  • secondrepublicsecondrepublic Posts: 2,619 ✭✭✭
    $10 silver... that would be great. But there would be shortages of physical metal at that price like there were a year ago (at a slightly higher price level).
    "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)
  • GoldsmidGoldsmid Posts: 34
    If silver hit $10, where would gold be?....650 at 65 to 1?
    That would really be sweet.
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