Silver

[Gobbler's Knob]

Bought some a Christmas time for around 27 bucks an ounce. Today is was around 40. How high will it go? Might still be value considering a benchmark for pricing is for it to trade around 1/16th the price of gold which is currently at 1400 an ounce, which would value silver at around 84 dollars.

[Chris46139]

I've got a herringbone necklace I'll sell you, only has 3 kinks in it

[Gobbler's Knob]

Originally Posted by Chris46139

I've got a herringbone necklace I'll sell you, only has 3 kinks in it

Brag post about bling. Sad.

[be47320]

hey gob, only going to offer this once so choose wisely


was walking throough china town the other day and this old wise man said he liked the cut of my gin and i seemed like a good fella so he handed me a pouch full of beans. I know what you're thinking..beans, who gives a shit? But these arent your ordinary beans, they have magic powers and are over 20,000 years old. Apparently they will make your wildest dreams come true but fuk it, i like canadians so i will trade you for the silver, deal?

[Gobbler's Knob]

Originally Posted by be47320

hey gob, only going to offer this once so choose wisely


was walking throough china town the other day and this old wise man said he liked the cut of my gin and i seemed like a good fella so he handed me a pouch full of beans. I know what you're thinking..beans, who gives a shit? But these arent your ordinary beans, they have magic powers and are over 20,000 years old. Apparently they will make your wildest dreams come true but fuk it, i like canadians so i will trade you for the silver, deal?

Better run this one by the wife first. Bought a 7500 dollar vacuum while she was at work last week so she is keeping a close eye on me.

[justdonating]

The uncertainty of the economy has driven precious metals up considerably over the past couple of years. Lots of people parking cash in gold & silver. At some point there will be a correction. Someone who bought high will get left holding the bag....

[Chris46139]

Originally Posted by be47320

hey gob, only going to offer this once so choose wisely


was walking throough china town the other day and this old wise man said he liked the cut of my gin and i seemed like a good fella so he handed me a pouch full of beans. I know what you're thinking..beans, who gives a shit? But these arent your ordinary beans, they have magic powers and are over 20,000 years old. Apparently they will make your wildest dreams come true but fuk it, i like canadians so i will trade you for the silver, deal?

*gib

[be47320]

f u

[Gobbler's Knob]

Originally Posted by justdonating

The uncertainty of the economy has driven precious metals up considerably over the past couple of years. Lots of people parking cash in gold & silver. At some point there will be a correction. Someone who bought high will get left holding the bag....

My buddy runs a coin shop and someone came in and bought 24 grand worth of silver this morning at 40 an ounce.

[justdonating]

Originally Posted by Gobbler's Knob

My buddy runs a coin shop and someone came in and bought 24 grand worth of silver this morning at 40 an ounce.

Take a look at how much gold per ounce has increased in the past 5 years....a low of $563 to today's close at almost $1500.....

Gold Price History

Silver has done well too....going from $7 to $40...

Silver Price Chart - Silver Prices Per Ounce - Silver Spot Price Charts

People still parking cash in precious metals

[Loser From Toronto]

A friend of mine was telling me to "Look into purchasing physical silver" over the weekend. I have no clue how to go about doing this. Oddly enuff I seen an article on Yahoo the next day about silver being the investment of the decade.

[THE Sports PROFIT]

Gob, with volatility of EU markets still very much in play it forces small and big investors to jump in on "safe" perceived instruments amidst the rockiness and metals are certainly those that get hammered , ......silver continues to rise my guy says, so would hold on to it if u can.

[Quiksilver]

I'd say it depends on what your outlook for the future is with the economy. If you're like me and think the economy isn't going to improve much then I'd say go for it. my Dad does some investing with precious metals and he seems to think the prices are only gonna go up for the next 3 years or so.

[Gobbler's Knob]

Think if it dips to 35 may purchase some more.

[Gobbler's Knob]

Originally Posted by Loser From Toronto

A friend of mine was telling me to "Look into purchasing physical silver" over the weekend. I have no clue how to go about doing this. Oddly enuff I seen an article on Yahoo the next day about silver being the investment of the decade.

Physical Silver? I assume that means purchasing actual silver and not stocks or futures. In any case, if anyone is interested let me know and I can line up a purchase .Unlike many dealers in the GTA which make you put money up front then they order it and it may take up to a couple of weeks after that, my friend's store is always holding more than enough. Gold too for that matter.