Is Silver next?

[blain]

It's not so much that gold is rising.
It's more like the dollar, against which we gauge the price of gold, is dropping in value.

 

[dieselrealtor]

It's not so much that gold is rising.
It's more like the dollar, against which we gauge the price of gold, is dropping in value.
View attachment 346416

^^This^^

 

[snorko]

Gold pretty much blew through $2,400 and silver is holding on to $29+.

 

[teddy12b]

It's not so much that gold is rising.
It's more like the dollar, against which we gauge the price of gold, is dropping in value.

100% AGREE! Gold/Silver/USD/Chicken Eggs or whatever you're trying to barter is all about the purchasing power it holds. Nothing is ever worth more than what another person is willing to spend.

 

[spencer rifle]

Headed downward...

 

[flyingsquirrel]

Question here. I have some junk silver and was wondering if cleaning it hurts the value? If it doesn't, what is the easiest way to clean it. Maybe even a few silver dollars. Thanks

 

[snorko]

Question here. I have some junk silver and was wondering if cleaning it hurts the value? If it doesn't, what is the easiest way to clean it. Maybe even a few silver dollars. Thanks

There is n reason to clean it. As straight bullion it does not matter. If any have numismatic value cleaning will damage the value.

 

[Super Bee]

Bitcoin down 10K today.

 

[Super Bee]

Gold pretty much blew through $2,400 and silver is holding on to $29+.

View attachment 346422

I always heard if silver went above $30 the economy was toast.

 

[Magyars]

I always heard if silver went above $30 the economy was toast.

What about gold? I'm not sure what to think.

 

[blain]

I always heard if silver went above $30 the economy was toast.

2011 and 2012 weren't that bad.

 

[Expat]

I found a pair of 5 oz pieces of silver in the basement yesterday. Had the son and daughter's name and birthdate on them. Although the daughter's dob was wrong by 1 year (must have been the FiL that had them made). I gave the daughter hers when they picked up the grandkids last night. Wonder how long before her and the SiL sell it.

 

[DoggyDaddy]

I had to hurry and check Kitco this morning. I had a dream last night that silver had jumped to $71/oz..

 

[d.kaufman]

Silver down $1.48 & gold down $55.95 currently

 

[snorko]

Over a 5% drop for Ag. Correction? Profit taking? We'll see how the week runs out.

 

[Airtevron1]

Question here. I have some junk silver and was wondering if cleaning it hurts the value? If it doesn't, what is the easiest way to clean it. Maybe even a few silver dollars. Thanks

DONT CLEAN IT, it will certainly lower its collector value. Some pay more for a nice patina or toning.

 

[Airtevron1]

Anybody get bit by the Silverbug after downturn?

 

[DoggyDaddy]

Anybody get bit by the Silverbug after downturn?

Still been to high for me to start buying again. Maybe if it dips below 25...