silver spot

aidensgrandpa

What is the feeling of the board? Do you all feel that the current market for silver still has some legs going forward. I have some eagles to sell and would like to get 40 dollars a pop. Anytime soon? Thanks

keets

i would never have believed it could get to where it's at so now i expect it to keep going, slowly, till it settles somewhere. with summer around the corner things could get interesting.

beckes

I am going to start cashing out tomorrow. Wait until it drops 12-15 per oz, and buy again. I weathered the storm from last week. Today was short covering. I hope it continues over the next few days as I unload.

Cheers!

llafoe

You should be able to sell the ASEs for $40 each now.

coinsarefun

What does a roll of 1951 Franklins go for?
Is there a premium?
They are all BU, I had one graded and it came back MS64

MsMorrisine

This is question for the precious metals forum


I'm still in the headed higher camp just because of the continued world demand being thrown about. Although I would like to see some reliable supply and demand figures before I call it any more than a guess.

ricko

It will continue upwards... no way to predict the peak....$50 is possible, but will take a while. Cheers, RickO

questor54

With all of the fiat currency floating around, I think we have just seen the beginning of the rise in PMs versus the dollar. I hope I am wrong.

ttown

<< <i>I am going to start cashing out tomorrow. Wait until it drops 12-15 per oz, and buy again. I weathered the storm from last week. Today was short covering. I hope it continues over the next few days as I unload.

Cheers! >>




Oh how many times have we heard that one. Silver will no doubt correct but don't expect it to drop that much and when it does don't expect to be able to buy it anywhere near paper prices the premiums always are steep on those falls.
If you must sell 1/3 and wait for the drop, don't sell the farm, this market just starting to roll.

CoinMaster1229

Silver seems unstopable, I think $40 is not to far away.

PerryHall

When the government begins to live within their income and stop all this deficit spending, I'll start selling off my PM's.

CaptHenway

THAR' SHE BLOWS!!!!!!!

ricko

Yep... just topped $39/oz...... $50 perhaps by summer..... Cheers, RickO

scottgardener

Hmm... What happens first--an end to deficit spending or the time when Earth is no longer inhabitable because of the sun's expansion over the next five hundred million years as its core converts hydrogen to helium?

tcmitssr

40 plus by the end of the summer is my opinion. I don't think 50 an ounce by the end of the year is out of the question, either.

greghansen

Sell 1/3 of what you would like to sell, then hope that your first sale was your worst sale.

quattrocoins

<< <i>40 plus by the end of the summer is my opinion. I don't think 50 an ounce by the end of the year is out of the question, either. >>



Could be over $40 by the end of the week!

IMO, it'll be over $50 by year's end.

The two silver related stocks I own (CDE & SLW) have been on a tear today!

CaptMorgan

It will hit $50 before you know it, and go higher still before any major correction.

hammered54

<< <i>What does a roll of 1951 Franklins go for?
Is there a premium?
They are all BU, I had one graded and it came back MS64 >>



L&C is selling one for $400.00..... now if it was an S roll it'd be $690.00. (just got there latest catalog )

questor54

<< <i>It will hit $50 before you know it, and go higher still before any major correction. >>



I agree. Inflation adjusted, silver is nowhere near it's record high - and the government's inflation statistics are bogus anyway. (This is not a recommendation to buy or sell)

fiveNdime

<< <i>Sell 1/3 of what you would like to sell, then hope that your first sale was your worst sale. >>


i did that @ $29.

im thinking ~$55 will be the next round

CaptMorgan

I will not part with any of mine, and not a lot of it either until it hits $75, which it will do.