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So Silver is over $24/oz....

Discussion in 'Survival/Preparedness Forum' started by emt1581, Oct 13, 2010.

  1. I'm paying about seven dollars more per silver eagle this week week than I was paying three weeks ago (individual coins on e-bay).
     
  2. jlpskydive

    jlpskydive

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    Fl
    Ummmm, Yes I think so.....
     


  3. 11/4/10- My Silver value went up just under $2k today, gold was up almost 1k.
    YMMV.
     
  4. UneasyRider

    UneasyRider C.D.B.

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    YES! You don't want to blink when your watching your money today... it may disappear while your eyes were closed. :shocked:
     
  5. emt1581

    emt1581 Curious Member

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    Penn's Woods
    According to Beck, it was yesterday that the fed started printing more money or at least putting the plan into practice. Sort of seems like the 1-2 point raise within 24hrs would be based on skepticism/fear. Can you imagine what will happen when reality sets in across the board??

    Not trying to be a chicken little but I think that SHTF we talk about all the time isn't far off...

    -Emt1581
     
  6. emt1581

    emt1581 Curious Member

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    Penn's Woods
    Yup...jumped .50 in the last few minutes...

    I'm betting $28 by next week...

    Seriously, isn't anyone else worried??

    -Emt1581
     
  7. Warp

    Warp ΜΟΛΩΝ ΛΑΒΕ

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    Not overly worried, no
     
  8. VBG23

    VBG23

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    I just resurrected my thread about a parabolic rise in PMs being a sign......


    I'm just sayin.....
     
  9. emt1581

    emt1581 Curious Member

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    Penn's Woods
    Why not?

    -Emt1581
     
  10. Warp

    Warp ΜΟΛΩΝ ΛΑΒΕ

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    I am not knowledgeable enough to discuss this on the level of this thread.

    And I am generally skeptical of the chicken little S/P threads. I've seen so many "the sky is going to fall" or "is anyone else worried?" or "something is going to happen here" discussions in this forum I couldn't even begin to recall them all. And none have panned out.

    Except Katrina. But that was a pretty easy call to make once we saw how god damn big it was.
     
    Last edited: Nov 5, 2010
  11. emt1581

    emt1581 Curious Member

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    Penn's Woods
    Silver's going up by the hour and I'm not seeing any solutions to the problem of the crashing dollar. And our currency becoming worthless is just the tip of the iceburg and it's not a premonition/idea...it's actually happening.

    But I do respect your initial statement. Just pointing out the facts of the past few days.

    -Emt1581
     
  12. Warp

    Warp ΜΟΛΩΝ ΛΑΒΕ

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    On 10/13 you posted that silver was over $24/oz.

    Now it is 11/5 and it is up to about $26.80.

    That is 23 days to go up a little over $2, or less tha 10%.

    Saying that it is rising by the hour, even if it is (slightly) doing so, comes off as a bit of a dramatization
     
    Last edited: Nov 5, 2010
  13. emt1581

    emt1581 Curious Member

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    Penn's Woods
    Yes and compare that to what it was doing a few years ago when it might go up or down a point every few months. And, again, look what's happened in the last 48-72 hours...it's gone up more than that few points it did in that 23 days you pointed out.

    Me personally, in order to not be worried I'd want some sort of rational solution to the government/economy's issue...but maybe I'm missing one that's been revealed. Did you get wind of any?

    EDIT: I caught your edit. Saying it's going up by the hour in the past few days....prove me wrong. My proof is the graph on the www.apmex.com page...what's yours?

    -Emt1581
     
    Last edited: Nov 5, 2010
  14. Warp

    Warp ΜΟΛΩΝ ΛΑΒΕ

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    Read it again, then. You do not seem to have understood what I said.

    In the past 24 hours it appears to be up $0.60. That is about 2% on the day. That is certainly significant, but it isn't enough to make me think the sky is falling.
     
    Last edited: Nov 5, 2010
  15. emt1581

    emt1581 Curious Member

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    Honestly, me either.

    The REASON for that raise is what has me worried.

    -Emt1581
     
  16. 1 old 0311

    1 old 0311

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    Planet Earth

    The amazing thing is that in spite of the gold, and silver prices, NOBODY is selling. I have been buying 20 Franc gold coins, and 1 ounce .999 silver rounds, and bars, for 10+ years on e-bay. I have N-E-V-E-R seen so few for sale.

    Usually when prices rocket people are glad to take their profits. Now? I don't think profit is the motivation to sell but fear is the stronger reason not to sell.:wow:
     
  17. emt1581

    emt1581 Curious Member

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    Exactly!! My money (PM's) says something's happening now that's going to get VERY bad.

    -Emt1581
     
  18. Warp

    Warp ΜΟΛΩΝ ΛΑΒΕ

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    I've never heard that stated on this forum before....
     
  19. emt1581

    emt1581 Curious Member

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    Oct 17, 2002
    Penn's Woods
    Me either...

    Seriously, I understand when you're coming from, really I do. And I was there for a while. But if you look at certain moves the gov. has made during the past year or so, there is NO WAY to avoid a SHTF.

    But I did open it up to suggestions in terms of solutions...but IIRC you didn't have any.

    BTW, the problems (just a few) are...

    1. Health Care
    2. Debt, to the point that no other countries will help us out.
    3. We are just printing more money, LOTS of it, in order to somehow solve problem #2.
    4. Taxes are going to go WAY up.
    5. Borders still aren't even remotely secured and terrorists are doing dry runs almost weekly in the air.

    Now that's just a few off the top of my head. But any clue how we fix even one of those successfully? And even if you come up with something, do you realistically think the gov. is going to do the same thing?

    -Emt1581