Silver buyers.....silver to hit 125 in 90 days (in summer 2011)

[Seraphim]

How long are wanting to/willing to hold onto the metals? Goals?

If only I should have listened and invested in gold and silver. Since I am a newbie what do you guys recommend for someone new to this stuff. Where can I buy hard silver or gold? I'm not a rich man, but it seems the investment will pull off in the end. I guess I should use the search capabilities of this forum.

 

[Kelly.]

If only I should have listened and invested in gold and silver. Since I am a newbie what do you guys recommend for someone new to this stuff. Where can I buy hard silver or gold? I'm not a rich man, but it seems the investment will pull off in the end. I guess I should use the search capabilities of this forum.

start here:
http://www.ronpaulforums.com/showth...and-I-am-looking-for-more...-help-me-help-you

i have personally used apmex.com and gainsvillecoins.com, both with good results
google both in case i typo'd either of them.

 

[devil21]

$46! 2:36am.

 

[AmericasLastHope]

There are rumors going around about a billionaire trying to corner the silver market: http://www.zerohedge.com/article/si...rt-squeeze-and-cornering-market-gain-credence

 

[puppetmaster]

There are rumors going around about a billionaire trying to corner the silver market: http://www.zerohedge.com/article/si...rt-squeeze-and-cornering-market-gain-credence

Or a state interest........

 

[fatjohn]

I'll believe it when it powers through 52

 

[Cowlesy]

Derivative of that rumor is that it is Carlos Slim of Mexico.

 

[forsmant]

Silvers nominal high was 65?

 

[Seraphim]

For about 30 seconds. The daily closing high is 52$.

Silvers nominal high was 65?

 

[cubical]

sick, just got another for 32.50.

 

[fatjohn]

Look, the gold silver ratio is about 30 right now, many are thinking about it going to 10.

But if that happens it will happen at the time when gold goes to its top in its own major rally to about 1 dow unit.

There is no way that gold will suddenly pull up in such a fashion that it will meet that target at the time that silver meets its target since silver is clearly going parabolic and needs to maintain that 3% a day move or crash.

 

[Lafayette]

$46.59 as of 5:30 pm pst

My silver miners are not making any moves. I'd see 3-10% moves on days like today, but NOTHING for the last week or so.

 

[Michael P]

$46.59 as of 5:30 pm pst

My silver miners are not making any moves. I'd see 3-10% moves on days like today, but NOTHING for the last week or so.

Silver Bullion doesn't have P/E ratios and EPS etc. Silver has been moving up so fast I think it might take Q1 earnings numbers to reassure investors of the miners potential. Most of the big silver miners report earnings on May 9th.

 

[cubical]

NEM reported today. Pretty good quarter. They made 1.08 per share which gives them a P/E of 14. Plus they have over 8 bucks in cash per share on their balance sheet. Granted they are a major producer, but it's not bad for a gold miner.

 

[westkyle]

What do you recommend? Is it like the stock market, buy low sell high. Or if the dollar collapses would I hold onto it to use as something that actually has worth. How far would one coin get me. I don't have a lot of money, but I'd like some investment advice.

 

[Brown Sapper]

I just want to thank all of you guys for persuading me for buying silver. When I got back from Iraq I bought at 10K at 13/oz now at 40. Now I definately have some cash to throw around this election cycle. The only problem is going to be how am I going to unload all this silver back into the market?

 

[cubical]

I just want to thank all of you guys for persuading me for buying silver. When I got back from Iraq I bought at 10K at 13/oz now at 40. Now I definately have some cash to throw around this election cycle. The only problem is going to be how am I going to unload all this silver back into the market?

You bought $130,000 worth of silver all at once? Brave/smart man. You can sell most at local coin shops, on ebay or here http://www.bulliondirect.com/nucleo/.

 

[Dr.3D]

You bought $130,000 worth of silver all at once? Brave/smart man. You can sell most at local coin shops, on ebay or here http://www.bulliondirect.com/nucleo/.

I believe he meant he bought $10,000 worth at $13/ounce. That would be more like 770 ounces.

 

[emr1028]

I just bought 6 ounces of silver, the first metals I've ever bought. I wish I'd bought gold 3 years ago when I was telling others to buy it, but I didn't have the cash. Now I see that all the cash I have is going to be even more worthless soon.

 

[Seraphim]

Welcome to the world of real money.

I just bought 6 ounces of silver, the first metals I've ever bought. I wish I'd bought gold 3 years ago when I was telling others to buy it, but I didn't have the cash. Now I see that all the cash I have is going to be even more worthless soon.