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Silver at $26.72
07-10-2012, 09:55 PM #1
bohica Member
Posts:1,607 Threads:197 Joined:Feb 2011
Pre '64 coins now cost less than 20x face value.

Anyone who hasen't any, should really think of this as a buying opportunity.

1oz rounds are also a bargain, Maple Leafs and Eagles the most well known and trusted in North America.


I'm in my seventh decade on Earth. I know things.
07-10-2012, 10:20 PM #2
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,580 Threads:1,443 Joined:Feb 2011
Haven't seen a silver coin in years, but I do keep hearing rumors of an extreme spike on the way, some sources have talked 500 an ounce before years end.

wonder.gif
07-10-2012, 11:29 PM #3
bohica Member
Posts:1,607 Threads:197 Joined:Feb 2011
it was almost 50 last spring, (13 months ago), and with the way they're printing money, I don't think 100 is out of reach.
500 ?, I hope not.

I'm in my seventh decade on Earth. I know things.
07-10-2012, 11:39 PM #4
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,580 Threads:1,443 Joined:Feb 2011
They were laying out a repeat of fiat worth going downhill like it did in Germany in the late 20's when hyperinflation kicked in. Right now, it seems we have a bad case of stagflation, and there's no easy solution to that. If one sector of the economy is stimulated another goes downhill under these circumstances.
Roughest economic time I've ever seen, and this ride is far from over. And then there is a derivatives bubble that's about to pop which will take whats left of the markets down with it.

wonder.gif
07-11-2012, 03:49 PM #5
Shadow Mrs. Buckwheat
Posts:12,775 Threads:1,181 Joined:Feb 2011
Silver and gold are so manipulated it makes LIBORgate look good. For every 1 ounce of actual physical there's 99 ounces of paper traded. So to squash the price they simply dump their paper. They'd never dump their physical. But deluded investors think those pieces of paper they buy are worth something. lol. If everyone bought physical and shunned the SLV silver would be a helluva lot higher than $500/ounce
07-11-2012, 03:53 PM #6
Octo Mother Superior
Posts:43,362 Threads:1,482 Joined:Feb 2011
I think investing in some trees rather than the paper they make out of them would be a better idea. 13.gif
07-11-2012, 03:59 PM #7
Shadow Mrs. Buckwheat
Posts:12,775 Threads:1,181 Joined:Feb 2011
iagree.gif when I got married we gave away tree seedlings, fir pine and spruce, instead of the useless embossed matches and shït you usually see. cheers.gif
07-11-2012, 04:04 PM #8
Octo Mother Superior
Posts:43,362 Threads:1,482 Joined:Feb 2011
Great idea! hi5.gif

I also wish I had a bag of these old coins stashed:

When the (Finnish) markka was introduced (1860), coins were minted in copper (1, 5 and 10 penniä), silver (25 and 50 penniä, 1 and 2 markkaa) and gold (10 and 20 markkaa).

http://en.wikipedia.org/wiki/Markka

gaah.gif
07-11-2012, 04:12 PM #9
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,580 Threads:1,443 Joined:Feb 2011
Never seen a single PM coin since moving here. Lots of worthless aluminum though.

wonder.gif
07-11-2012, 04:20 PM #10
Shadow Mrs. Buckwheat
Posts:12,775 Threads:1,181 Joined:Feb 2011
I find the odd silver dime at work, the boss doesn't care if I pick them out and buy at face value rofl.gif
07-11-2012, 04:29 PM #11
Octo Mother Superior
Posts:43,362 Threads:1,482 Joined:Feb 2011
cool deal! hi5.gifbeercheer.gif
07-12-2012, 01:53 PM #12
bohica Member
Posts:1,607 Threads:197 Joined:Feb 2011
http://www.coinflation.com/silver_coin_values.html

Pretty much of an up-to-the-minute pricing chart.

If TSHTF, dimes and quarters will be more flexible than 1oz rounds.

Below is one of the most realisticly priced PM dealers.


http://www.tulving.com/goldbull.html

I'm in my seventh decade on Earth. I know things.
07-12-2012, 02:09 PM #13
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,580 Threads:1,443 Joined:Feb 2011
My dad has a ton of those saved up, he should be sitting pretty if TSHTF, and that's just a matter of time. By all indications, China's going back to the gold std. That will render debt based currencies like the Dollar and Euro obsolete overnight.
If there is one common denominator in fiat currencies, it's that they always have failed. The US is waging war to keep the petrol dollar afloat, this is going to be a big backfire.

wonder.gif



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