silver prices...

[monkeybird]

Without a doubt silver is a bargain today! If you have the money - you need to buy it before it starts to increase.

[Lowdown3]

Almost $50. a little over a week ago and last night around $35? Wow. Might be some deals again sub $30.

Hopefully some folks that have been holding for years but are lacking on food and other critical supplies were able to sell in the upper $40's and get them.

Their is not a week that goes past that we don't get someone calling or emailing trying to "trade" a couple gold coins for a PVS14 set. We can't trade on something that large but I understand where they are coming from. Who wouldn't want to trade something they purchased for $300. an ounce X 2 for a $3K night vision set!

It's a perfect example of what you hear guys like Protus say regarding it not mattering the $$$ value of the PM the person trading still has to WANT the PM's in trade. I've traded for silver and some gold (when it was priced reasonably) before, but it's greatly overpriced- FOR ME- right now. It might go to $2K an ounce gold and $100. oz. silver but -FOR ME- it's overpriced now.

[ComputerGuy]

I have bought some at the current 35-45 dollar range and am holding on to it and will continue to buy. I like shiny things

[rockriver]

i last bought at 28 /ounce.
told a buddy i wouldn't sell a couple of silver eagles when it was 46/ounce.
so it's clear my knowledge/timing is off....
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my main question is.... what will it be on 5-7 2012?

any prognosticators want to go out on a limb..
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i figure that gives time for the u.s. to
drop support of israel in favor of gaza.
have our dollar value drop further.
our crop failure/flood/famine/ situation to worsen.
increase our welfare roles.
continue the unemployment spiral.
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so here's my guess.
in may of 2012 it will take 60 fed reserve notes to buy one ounce of silver.

o.k. guys make your statement. go out on a limb...
we'll come back and look in 12 months!
rr