Would you still buy silver?
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Silver is a good buy at around $30 an ounce and I predict around $50 by the end of the year. It is a used metal and is in pretty heavy demand. Don't think you can go wrong at $30 per ounce. I've been dealing in metals as a coin dealer for over 50 years and still have some that I bought at $3.50 per ounce. Have a HUGE inventory of both gold and silver and my best profits have been from Silver ... BUY NOW is my advice.Comment
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Whatever you do don't take advice from $450/oz FacialFreak.
http://www.silverinstitute.org/site/...er-production/
http://www.silverinstitute.org/site/...silver-demand/
Note: World production doesn't include small scale mining production that goes unreported.Comment
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Where are all the silvertards who this time last year were saying : "in twelve months time it will be $200 an ounce or more, mark my words!"..

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↑ see post ↑
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Since you know so much about what affects the price of silver, why don't you also factor SLVR EFTs into your case?Whatever you do don't take advice from $450/oz FacialFreak.
http://www.silverinstitute.org/site/...er-production/
http://www.silverinstitute.org/site/...silver-demand/
Note: World production doesn't include small scale mining production that goes unreported.
The problem is not with mining silver (and for reference, most silver is produced as a BY-PRODUCT of refining other metals/alloys, not mined ..), but rather there is at least 140x as much silver on paper than there is physical silver to cover all the ETFs ...
Big corporations have been shorting silver since Christ was a cowboy ... if you want to talk about scams?
This has been common knowledge for some time ... The price of silver has been manipulated for decades, and it is soon approaching it's breaking point.
I have been collecting/buying PHYSICAL silver since around 1980, when my aunt (a bank guard at the BMO head offices on Bay Street in Toronto) gave me a commemorative 5 oz silver bar and I thought it was the coolest thing ever. Me and a friend hold several subscriptions to precious metals forecasts and analysis charts, and the same friend has put his house on the market to raise more funds for a large buy when the timing is right.
I have a substantial amount of my worth tied up in PHYSICAL silver, so please do not insult my intelligence with asinine comments.
Like conspiracy theories, predicting the housing market bubble burst, or anything else - we are all free to believe what we want, and of course, YMMV.Last edited by facialfreak; 06-23-2012, 06:09 AM.Comment



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