Silver is now above $20/oz

[qh4dotcom]

As of 9/13/10 11am

[Bruno]

snap! I long for the days not too long ago of under $11/oz.

[not.your.average.joe]

Gold/Silver ratio is under 62 also, so it has been showing strength lately..

[sugarsweet]

Hold on for the long ride! I might sell some if i get $10 for every silver quarter though :-)

[psi2941]

theres going to be a pull back, then buy

[AmericasLastHope]

theres going to be a pull back, then buy

When?

[hillbilly123069]

Thats because the dollar is about to tank. Sorry!

[sugarsweet]

When?

my advice to you if you want silver, just buy it. its silly to try and time the market. i bought most of my silver between10 and 12. did it make a difference? did it matter that i didnt buy at the absolute bottom? obviously not.

[AmericasLastHope]

my advice to you if you want silver, just buy it. its silly to try and time the market. i bought most of my silver between10 and 12. did it make a difference? did it matter that i didnt buy at the absolute bottom? obviously not.

I've been buying silver since it was 7 an oz. I'm just curious to see what is in psi2941's crystal ball.

[Uriel999]

I wonder how long it will stay at 20 plus?????

[WaltM]

I wonder how long it will stay at 20 plus?????

I'm not wondering, so I sold.

[sugarsweet]

I'm not wondering, so I sold.

unless you are a full time trader i predict you will regret that in a very short time....

[ctiger2]

unless you are a full time trader i predict you will regret that in a very short time....

He's prob talking paper silver. Good riddance to that junk.

[psi2941]

unless you are a full time trader i predict you will regret that in a very short time....

no, his not dumb, his going to buy again soon.

[forsmant]

Has to reach 23 before I can get my initial investment back. It was 21 back in March of 08.

[Original_Intent]

broke 20.40 this morning.

[SevenEyedJeff]

Has to reach 23 before I can get my initial investment back. It was 21 back in March of 08.

So you bought at the March of 08 high and didn't buy more when it went down? :(

[Bruno]

So you bought at the March of 08 high and didn't buy more when it went down? :(

+1

sorry to hear it

[Wolverine302]

Wow, silver breaking out

[psi2941]

its soo funny, u guys jump out screeming OMG silver jumped 20 cents! While the like a stock NEM jumped 3 dollars a share. shows how most of you are just clueless around here.

[Bruno]

its soo funny, u guys jump out screeming OMG silver jumped 20 cents! While the like a stock NEM jumped 3 dollars a share. shows how most of you are just clueless around here.

Then start a thread titled "OMG!, NEM up $3/share!" :p

[Mahkato]

its soo funny, u guys jump out screeming OMG silver jumped 20 cents! While the like a stock NEM jumped 3 dollars a share. shows how most of you are just clueless around here.

The price of PMs in fiat money represents the world's faith in fiat money more than the commodity value of the PMs. So when PMs go up, people around here see that as the Invisible Hand finally getting its job done. When PMs go down, it's the govt messing with things again to keep up the charade a few more months.

[Dr.3D]

its soo funny, u guys jump out screeming OMG silver jumped 20 cents! While the like a stock NEM jumped 3 dollars a share. shows how most of you are just clueless around here.

Well, if NEM started out at $20 a share and went up $3, that would be big news.

[Wolverine302]

Ooooo, just 30 cent rise... :rolleyes:
http://silverprice.org/charts/history/silver_30_day_o_usd.png

[Seraphim]

http://www.kitcosilver.com/

Right around 20.5 in USD and just over 21 in CAD.

I stick with my 25 CAD silver by Christmas. I think the USD will weaken to right around par with the CAD anyway. :)

[WaltM]

unless you are a full time trader i predict you will regret that in a very short time....

I can take it.

I didn't sell all of it.

I'll sell again at $24 (net)

I don't consider myself a full time trader, but I do check every day.

[WaltM]

He's prob talking paper silver. Good riddance to that junk.

nope.

Bullion & Eagles, last week I net over $20.50 after all fees.

Most of that was bought @ under $14.00 total

[newyearsrevolution08]

My thought on pm's in general is, don't sell it unless you have to and don't focus too much on the short term gain especially when everything is currently fluctuating based on "paper" in theory. It raising this or that simply means something else is moving around based on market fluctuation done by politicians and other big wigs playing a big ol game of monopoly crossed with risk.

Keep your gold and silver as long as possible unless you feel it makes sense to cash in. I personally wouldn't sell anything under 100 ounces of silver if it simply moved $10 to $20 in a month or years time. For me making $10 profit off of a few bars right now makes zero sense when I can hold it until it is actually needed OR pass it on to my son/daughter to allow them the ability to have a failsafe "just in case" the shit hits the fan/.

[forsmant]

So you bought at the March of 08 high and didn't buy more when it went down? :(

Some of us only have a certain amount of money to spend.

[rckt24]

its soo funny, u guys jump out screeming OMG silver jumped 20 cents! While the like a stock NEM jumped 3 dollars a share. shows how most of you are just clueless around here.

you can make a lot more money in some good junior silver mining companies.

[cubical]

you can make a lot more money in some good junior silver mining companies.

and lose a lot more

[sugarsweet]

its soo funny, u guys jump out screeming OMG silver jumped 20 cents! While the like a stock NEM jumped 3 dollars a share. shows how most of you are just clueless around here.

the only clueless one here is you because what does it prove if one (or more) stocks go up more than bullion? this thread is not about stock picking. and i can give you a long list of stocks, including mining stocks, that went down to ZERO.

[Trigonx]

Almost to $21. $20.94 at 3:49AM EST

[YumYum]

What's a good silver polish to invest in?

[WaltM]

What's a good silver polish to invest in?

baking soda.

http://www.youtube.com/results?search_query=silver+polish+baking+soda

helps with some aluminum foil.

[pacelli]

Glad I bought that $100 bag of 90% silver quarters back when they were $14/oz. This USD inflation is nuts.