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Silver is back over $30

OverdateOverdate Posts: 7,007 ✭✭✭✭✭
in Precious Metals
At least for the moment. image

My Adolph A. Weinman signature :)

Comments

  • gsa1fangsa1fan Posts: 5,566 ✭✭✭

    GBGimage
    Avid collector of GSA's.
  • MeltdownMeltdown Posts: 8,789 ✭✭✭✭✭
    image
    image

    Click on this link to see my ebay listings.

  • PerryHallPerryHall Posts: 46,113 ✭✭✭✭✭
    Good news but let's see how long it lasts.

    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

  • CaptHenwayCaptHenway Posts: 32,119 ✭✭✭✭✭
    "Thar' she blows!!!!"
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,362 ✭✭✭✭✭
    It looks like a good time for me to lock in some SLV ETF profits. It wasn't pretty two weeks ago when silver was selling for about $26.50 an ounce. image
    NO END IN SIGHT LIB $2.50'S CAC ONLY
    https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    But I though she was cooked?

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • MilesWaitsMilesWaits Posts: 5,349 ✭✭✭✭✭


    << <i>"Thar' she blows!!!!" >>



    I know the metal has "really/truly" risen when the Captain spouts his meanacing moniker! Go Silver!!!!!!!


    Now riding the swell in PM's and surf.
  • PerryHallPerryHall Posts: 46,113 ✭✭✭✭✭


    << <i>"Thar' she blows!!!!" >>



    We've heard that before.image

    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

  • pitbosspitboss Posts: 8,643 ✭✭✭

    Still holding pretty firm.
  • JamesMurrayJamesMurray Posts: 4,036 ✭
    image
  • storm888storm888 Posts: 11,701 ✭✭✭


    << <i>It looks like a good time for me to lock in some SLV ETF profits. It wasn't pretty two weeks ago when silver was selling for about $26.50 an ounce. image >>



    ////////////////////////////////

    Maybe.

    But, if you already lived thru that, you might wanna
    wait a few days. That is especially true, if you are
    likely to be enticed back in if upward mo continues.






    Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
  • pitbosspitboss Posts: 8,643 ✭✭✭

    Which is what it is likely to do.
  • DoubleEagle59DoubleEagle59 Posts: 8,308 ✭✭✭✭✭
    I've got a buddy sitting on a pile of cash waiting for silver to drop to $18, then he says he'll buy.

    "Good luck", I tell him, "You'll never see $18 again".

    Personally, I think $30 may hold.

    When silver shot through the $20's in three months, the expected usual correction that should have followed would have taken silver down to the low twenties or high teens.

    That never happened. We just had a short-lived, mild correction.

    I'm starting to think we'll be lucky to see $25 again.
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • CaptHenwayCaptHenway Posts: 32,119 ✭✭✭✭✭
    His tough luck!
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • jmski52jmski52 Posts: 22,824 ✭✭✭✭✭
    I'm not inclined to sell a single ounce of silver at this juncture. My opinion is that I'd be nuts to do that.image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    I remember a thread not to long ago asking something like $25 or $35 next?
  • OverratedOverrated Posts: 454 ✭✭
    Hold silver sell gold! silver is going, going,going, gone.
  • pitbosspitboss Posts: 8,643 ✭✭✭

    I have a few on ebay now but my price is high enough that when I do sell one I really don't mind, I just buy some more at todays price.
  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,362 ✭✭✭✭✭


    << <i>

    << <i>It looks like a good time for me to lock in some SLV ETF profits. It wasn't pretty two weeks ago when silver was selling for about $26.50 an ounce. image >>



    ////////////////////////////////

    Maybe.

    But, if you already lived thru that, you might wanna
    wait a few days. That is especially true, if you are
    likely to be enticed back in if upward mo continues. >>



    Well, I took the profit just before the close. Maybe I'll miss a big move but I've seen too many plunges when silver gets above $31.
    NO END IN SIGHT LIB $2.50'S CAC ONLY
    https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
  • pitbosspitboss Posts: 8,643 ✭✭✭

    When you consider your fees to sell and then re-buy on such a short drop it is hardly worth the effort. I feel it is better to just sell a few things at a higher price than they are worth and re-buy at a sale that is going off at the wrong time.
  • CaptHenwayCaptHenway Posts: 32,119 ✭✭✭✭✭
    Seems to be holding.......
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • mikeygmikeyg Posts: 1,002 ✭






    before you guys get too excited,consider this.I have bought a bagful of sae s,canadian silver wolf coins,chinese panda silver and a few other foreign silver one ouncers.All in the 32-33 dollar range.so needless to say silver will hover below 30 dollars until after I sell them at a loss.
    Or is there a chance that silver will rise to 35 or 40 dollars??
  • SpoolySpooly Posts: 2,108 ✭✭✭
    mikeyg...... (evil grin) What did you have to buy and screw it up for the rest of us? I guess I should short the silver market now... (Big grin)
    Si vis pacem, para bellum

    In God We Trust.... all others pay in Gold and Silver!
  • mikeygmikeyg Posts: 1,002 ✭




    I have been wrong on occasion.When it hits 50.00 I am selling
    image
  • Wolf359Wolf359 Posts: 7,656 ✭✭✭


    << <i>I have been wrong on occasion.When it hits 50.00 I am selling
    image >>



    Then you'll miss the real run. Good luck though.
    Multi-channel listings of coins and inventory management

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  • pitbosspitboss Posts: 8,643 ✭✭✭

    Well, it's starting out the trading overseas down 4 cents.
  • DNADaveDNADave Posts: 7,271 ✭✭✭✭✭
    I'd like to sell my stash at just the right time and use the cash to help buy a little piece of land...50 to 100 Acres.

    Hopefully it will peak later in the year when I think I'll be ready. GO SILVER !

    worth about 5K right now.
    image
  • CaptHenwayCaptHenway Posts: 32,119 ✭✭✭✭✭


    << <i>Well, it's starting out the trading overseas down 4 cents. >>



    It's too early to tell anything....the Asian market is too busy watching Snooki on the Grammies show.........

    image
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • pitbosspitboss Posts: 8,643 ✭✭✭

    They watch all that garbage too.
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