Jake Posted February 5, 2011 Report Share Posted February 5, 2011 Never noticed that before. I only have a few ASEs, but mine are like that. New silver coins have a lovely white quality to them. It's easy to see if you look at the reeded edge. They also ring like a bell if you jangle them together. All US coins are like that! Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted February 5, 2011 Report Share Posted February 5, 2011 re. ag to 21-24$ my take fwiw, three key supports, $22ish being the second of them: http://www.greenenergyinvestors.com/index....st&p=195930 and i agree with the other comments - hold physical and if it does fall in fiat price to that area, treat it like a gift from the Gods! Link to comment Share on other sites More sharing options...
electroweak Posted February 5, 2011 Report Share Posted February 5, 2011 Just bought my first Silver coin, it's a 1oz Silver Eagle and looks absolutely beautiful. I do have a question though the picture on the front is of an eagle and the picture on the back is of a lady. What seems unusual is that they are upside down with respect to each other, the eagles had is opposite the lady's feet and the lady's head is opposite the eagles tail. Is this normal? When I bought my first buffalo I asked the same question on this forum. Every US coin I have is the same as yours: upside down, so to speak. Enjoy, and marvel at what a silver dollar can buy you. Link to comment Share on other sites More sharing options...
huntergatherer Posted February 5, 2011 Report Share Posted February 5, 2011 Silver Price Forecast $86.75 in 2011 Dec 02, 2010 - 06:38 AM There's that forecast again. I've seen something simliar to that before... Up 25 cents? http://www.marketoracle.co.uk/Article24714.html Link to comment Share on other sites More sharing options...
Jake Posted February 7, 2011 Report Share Posted February 7, 2011 GS ratio at 46.01! Link to comment Share on other sites More sharing options...
electroweak Posted February 7, 2011 Report Share Posted February 7, 2011 GS ratio at 46.01! At 42, I swap 5% more to gold. Link to comment Share on other sites More sharing options...
warpig Posted February 7, 2011 Report Share Posted February 7, 2011 It isn't a big deal if it does, but personally I don't think it'll happen. Silver was taken down by proxy of the 25% CME margin requirements, as this caused the SHK Asset Management hedge fund to liquidate $850,000,000.00 (10% of the US futures market!) of their gold positions, as they were already 70% underwater... The liquidation caused the number of contracts to plunge 81,000 contracts which is the single largest move ever. Daily transactions typically range between 3-5K contracts. These are not normal market conditions and so can largely be ignored IMO. I agree with you, it's a great opportunity to buy more. Thanks SHK AM! Larry E is pretty good IMO. He has been and is a long term gold/silver bull. I also can't see the big deal on gold and silver falling to 1250/21-24. I also see your point of view as last chance to buy. So I see this not as a chance to sell out but rather as a chance to accumulate more with regular buys. I woul love a drop down in both metals. The run on solver recently to 30 has been breathless and whilst enjoying the ride one must be wary of falls to 23- which is still bullish. I have just received some more 'junk' mercury dimes and walking liberty half dollars- the very availability of which at this point in time, I consider bearish. Usually one can't get theses two 'collectible' junk coins so someone is selling big.(and I am scooping them up while they are there). I asked my dealer for more yesterday and he has sold out of both coins now. So there are plenty of buyers whatever ghe price. People want to get that ball in the back of the net( because they sure ain't minting those two coins any more. If Larry is right I'll be loading up on modern bullion coins before the Chinese get every last oz. Btw didn't David Morgan recently suggest silver would fall to23/24 or there abouts? But he also said physical bullion is the only asset outside of the matrix. So 28 or 22, it's not so different when you consider the scheme of things. Ditto gold. I'd rather have this quandary than silver at 40 and gold at 1650. make hay while the sun shines, gather ye rose buds etc etc. Excuse errors, I'm on iPod with flip function broken whichakes typing a chore. Anyone know what is wrong with my iPod? Finally we received a flyer in our newspaper here today offering to buy old mobiles for4500 yen a piece. The recyling companies are coming to the fore? Link to comment Share on other sites More sharing options...
warpig Posted February 8, 2011 Report Share Posted February 8, 2011 Ta-daaaaaa $30+/t.oz Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 8, 2011 Report Share Posted February 8, 2011 Ta-daaaaaa $30+/t.oz Hoho. What happened to $17 silver? Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 8, 2011 Report Share Posted February 8, 2011 In case the shorts start sweating (over at the JPMorgue), here is my recommendation (contains ionised silver): Link to comment Share on other sites More sharing options...
Kilham Posted February 8, 2011 Report Share Posted February 8, 2011 Hoho. What happened to $17 silver? I was really looking forward to those little envelopes from Sarnia again.... Link to comment Share on other sites More sharing options...
lyb Posted February 8, 2011 Report Share Posted February 8, 2011 This Nivea product. What a waste! We definitely need higher prices. Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 8, 2011 Report Share Posted February 8, 2011 This Nivea product. What a waste! We definitely need higher prices. I use it. Call me Silverfinger. Obviously, there is so little silver in it that it is totally price inelastic and will be used no matter how high the price. Link to comment Share on other sites More sharing options...
InternationalRockSuperstar Posted February 8, 2011 Report Share Posted February 8, 2011 ... which would see silver back around 18 odd. 18 :lol: a brief update: :lol: :lol: Link to comment Share on other sites More sharing options...
Schaublin Posted February 8, 2011 Report Share Posted February 8, 2011 a brief update: :lol: :lol: I think RH said he was off to the hills to do some prospecting (or fossicking as he called it). Hope he has more luck looking for gold than predicting the price of silver Link to comment Share on other sites More sharing options...
Schaublin Posted February 8, 2011 Report Share Posted February 8, 2011 RH, if you are looking in on a read only connection out in the mountains - good luck with your prospecting! Link to comment Share on other sites More sharing options...
Icarus Posted February 9, 2011 Report Share Posted February 9, 2011 Ta-daaaaaa $30+/t.oz Silver at 20 gbp per ounce qill be a milestone. The pound stirling was originally a pound of silver. In those days a penny was a silver coin 1/240 of an pound in weight. At twenty gbp per ounce a modern pound is worth an old penny. Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted February 9, 2011 Report Share Posted February 9, 2011 Silver at 20 gbp per ounce qill be a milestone. The pound stirling was originally a pound of silver. In those days a penny was a silver coin 1/240 of an pound in weight. At twenty gbp per ounce a modern pound is worth an old penny. it would be fascinating to work out whether copper had kept its value compared to silver (in relation to the pound system) with regard to the milled coinage period leading up to 1920. afaics, the first milled copper halfpenny dates from 1672 (lets leave tin out for now!!) Link to comment Share on other sites More sharing options...
frizzers Posted February 9, 2011 Author Report Share Posted February 9, 2011 http://messages.finance.yahoo.com/Business...8&mid=54055 then read these from the bottom up. http://search.messages.yahoo.com/search?.m...&eYear=2011 Link to comment Share on other sites More sharing options...
huntergatherer Posted February 10, 2011 Report Share Posted February 10, 2011 Gold / Silver Price Ratio Near Multi-Decade Lows February 10, 2011 The gold-to-silver price ratio, defined as the price of an ounce of gold divided by the price of an ounce of silver, closed Wednesday at 45.16 This means an ounce of gold is just over forty five times more expensive than an ounce of silver. As my chart below shows, twenty years ago in 1991, gold was over 100 times more expensive than silver. Since then, the gold-to-silver price ratio never went below 41.51. The chart also shows that it is very rare for gold to be less than 50 times more expensive than silver, as indicated by the small percentage of time the ratio is below the dashed black line. http://seekingalpha.com/article/251918-gol...lti-decade-lows Link to comment Share on other sites More sharing options...
jerpy Posted February 10, 2011 Report Share Posted February 10, 2011 I was really looking forward to those little envelopes from Sarnia again.... You can still get them, except they have shrunk half a ounce Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 10, 2011 Report Share Posted February 10, 2011 http://kingworldnews.com/kingworldnews/KWN...rinflation.html King World News has received word from James Turk that silver is in extreme backwardation. Turk stated, “There is a huge story that is brewing. Silver is in backwardation to 2015, which is 13-cents cheaper than spot. This is unbelievable. Money does not go into backwardation except ‘in extremis’!” ... Look for a short squeeze in silver already underway as evidenced by the backwardation to intensify as we move toward silver option expiry at the end of this month, and silver delivery on March futures contracts in early March. Link to comment Share on other sites More sharing options...
Ret45 Posted February 10, 2011 Report Share Posted February 10, 2011 http://kingworldnews.com/kingworldnews/KWN...rinflation.html Not like Turk to make short term predictions like that. He will lose some credibility if nothng comes of it next month. Link to comment Share on other sites More sharing options...
warpig Posted February 11, 2011 Report Share Posted February 11, 2011 Some very useful information here. it's not just the bars in the second video that are counterfeit... From: From: More info here. Link to comment Share on other sites More sharing options...
frizzers Posted February 11, 2011 Author Report Share Posted February 11, 2011 Don't know why but I find my eyes wandering away from the eagles to something else ... Link to comment Share on other sites More sharing options...
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