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SILVER $32.68

pitbosspitboss Posts: 8,643 ✭✭✭
in U.S. Coin Forum
We may hit $33.00 today to close out the week. What do you think?

Comments

  • OchoRealesOchoReales Posts: 1,500 ✭
    Maybe yes, maybe no.
    Lurker since '02. Got the seven year itch!

    Gary
  • OPAOPA Posts: 17,142 ✭✭✭✭✭


    << <i>We may hit $33.00 today to close out the week. What do you think? >>



    unlikely, but it should remain above $32 ... btw, there is a PM forumimage
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • pitbosspitboss Posts: 8,643 ✭✭✭


    << <i>Maybe yes, maybe no. >>




    Another fence rider beside myself!
  • bstat1020bstat1020 Posts: 2,157 ✭✭
    I am in the no crowd for not making it above $33 today. My WAG is that it will stay above $32 today and then pull back below $30 next week.
    Madelyn's Birth Year Registry Set, Sophia's Birth Year Registry Set, My 10 Best Coins
  • vannvann Posts: 318
    Gold/silver Option expiration is next Wednesday. PPT and the shorts will come out in full effect to try and drive it out of the money before then.
  • johnny9434johnny9434 Posts: 29,262 ✭✭✭✭✭
    i quit quesstimating a long time ago. for that time being it is where it is
  • ProofCollectionProofCollection Posts: 7,005 ✭✭✭✭✭
    This is a discussion for the PM forum.

    http://ProofCollection.Net

  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Nice rise ..... not topped out yet. Cheers, RickO
  • ChrisRxChrisRx Posts: 5,619 ✭✭✭✭
    Over priced.
    image
  • PerryHallPerryHall Posts: 46,867 ✭✭✭✭✭


    << <i>Over priced. >>



    What do you think silver should be priced at?

    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

  • rcmlgm89rcmlgm89 Posts: 546
    From one of my investment newsletters:

    If silver can close above its "old" $30.91 of just New Year's Eve, we are likely in for another leg up.
    My next bullish target is $49. I had expected a bigger correction first, but in this world you take what
    you get and work with it as best you can.

    For what it is worth . . .
    martin25
    imageimageimage
    [IMG]">1898 Proof Set
  • ChrisRxChrisRx Posts: 5,619 ✭✭✭✭


    << <i>

    << <i>Over priced. >>



    What do you think silver should be priced at? >>



    Just my opinion it is overpriced. I would not load up on it until the "precious metals craze" is over.

    > $20 and I am not a buyer. I will wait until it comes back down to $15. And what if it does not come back down to $15 you say? I don't care I would rather invest in something else.
    image
  • PerryHallPerryHall Posts: 46,867 ✭✭✭✭✭
    Closed the week at $32.66.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

  • BochimanBochiman Posts: 25,556 ✭✭✭✭✭
    Time to sell some 40% halves (a roll of BU 1968 halves that I got unopened...but with a wrapper that was all but rags and falling apart).
    I hate to do it, since some are really nice w/ great luster, but I think their melt value is better than I could sell them for numismatically.

    Maybe sell some 1946-S BU dimes as well....sucks when they are worth more, basically, selling as bullion than numismatically.

    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

  • shasta7shasta7 Posts: 121
    My opinion is that silver is NOT over priced... & yes it will go up & down BUT....

    We all need to remember that when the hunt bros tried to corner the market in 79-80... the ratio
    of silver to gold was about 15 to 1. What is it today... somewhere close to 43 to 1...

    Everyone needs to watch closely what happens when silver hits $35 per oz... this I believe will be
    the price range when PANIC Buying will come into play... simply meaning the company's that use silver
    industrially will want to stock up... the run up we have seen is nothing compared what this will be.
    So all in all silver still is a bargain at today's price... hang on as the ride up really hasn't begun yet!!

    Just my 2 cents...

    shasta7
    Those who are collecting SILVER... will be wealthy shortly!!
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭
    I'm glad I decided to invest in those cheap Territorial Quarters Proof Sets last year.

    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • OPAOPA Posts: 17,142 ✭✭✭✭✭


    << <i>I'm glad I decided to invest in those cheap Territorial Quarters Proof Sets last year. >>



    I believe that was the year before...Last year was the beginning of the National Park Quarters.image

    And hockey pucks...
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • avenue7avenue7 Posts: 54
    Silver has had a nice run this year
  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭
    <Just my opinion it is overpriced. I would not load up on it until the "precious metals craze" is over>

    Maybe. just maybe it hasn't even started. MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • pitbosspitboss Posts: 8,643 ✭✭✭

    I have a feeling your second comment has some merit.
  • BigRickBigRick Posts: 1,334
    What I know is that some fools bought a bunch of March 50 & 55 calls from me today. image
    My Sets
  • kurtdogkurtdog Posts: 1,456


    << <i>Time to sell some 40% halves (a roll of BU 1968 halves that I got unopened...but with a wrapper that was all but rags and falling apart). I hate to do it, since some are really nice w/ great luster, but I think their melt value is better than I could sell them for numismatically.

    Maybe sell some 1946-S BU dimes as well....sucks when they are worth more, basically, selling as bullion than numismatically. >>

    I hear ya.
  • ambro51ambro51 Posts: 13,949 ✭✭✭✭✭
    If this keeps up in a year a worn Walker half dollar will be rarer than a 4 dollar gold piece.
  • pitbosspitboss Posts: 8,643 ✭✭✭

    How can this pace possibly keep up?
  • slipgateslipgate Posts: 2,301 ✭✭
    Precious metal prices are directly proportional to world economic conditions. Which are getting better, but still in the dumps. If the middle-east breaks out into civil war, I'd bet on silver going up more. If the economy gets back to the "good old days", silver will plumet back down. How far is a mystery. My guess is $15 or less.
    My Registry Sets! PCGS Registry
  • RebelRonRebelRon Posts: 544 ✭✭


    << <i>My opinion is that silver is NOT over priced... & yes it will go up & down BUT....

    We all need to remember that when the hunt bros tried to corner the market in 79-80... the ratio
    of silver to gold was about 15 to 1. What is it today... somewhere close to 43 to 1...

    Everyone needs to watch closely what happens when silver hits $35 per oz... this I believe will be
    the price range when PANIC Buying will come into play... simply meaning the company's that use silver
    industrially will want to stock up... the run up we have seen is nothing compared what this will be.
    So all in all silver still is a bargain at today's price... hang on as the ride up really hasn't begun yet!!

    Just my 2 cents...

    shasta7 >>

    image Bring on the FUN!!!!!
  • pitbosspitboss Posts: 8,643 ✭✭✭
    Just buy and sell on your journey up.
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭


    << <i>How can this pace possibly keep up? >>



    You mean before it becomes like Argentina?

    Coin's for sale/trade.


    Tom Pilitowski
    US Rare Coin Investments
    800-624-1870

  • pitbosspitboss Posts: 8,643 ✭✭✭

    Maybe I better stop the selling part but keep on buying.

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