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This would seem to confirm that $1,000/oz is the new trading plateau. I'm liking silver too. It looks like it may be on its wayto retest laste years record high of $22/oz. After much debate with many freepers earlier this year, I purchased both metals at prices that seemed high but which were far below the current price. Gotta say, that was good advice. now the question is, should someone buy at this price?
1 posted on 10/06/2009 1:10:25 PM PDT by RC one
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To: RC one
It's only a nominal record high. The real record high is north of two thousand dollars.
2 posted on 10/06/2009 1:11:34 PM PDT by Petronski (In Germany they came first for the Communists, And I didn't speak up because I wasn't a Communist...)
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To: RC one
I purchased both metals at prices that seemed high but which were far below the current price. Gotta say, that was good advice.

It seems to me it was only good advice if you sell and realize the profits. If you're still holding it when the price falls, then what good was the advice?

3 posted on 10/06/2009 1:12:35 PM PDT by Huck ("He that lives on hope will die fasting"- Ben Franklin, Poor Richard's Almanac)
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To: All
World Bank President: Time to Diversify out of the Dollar

According to Robert Zoellick, World Bank President and former Goldman Sachs head and U.S. Secretary of State, you shouldn’t take the U.S. dollar’s reserve currency status for granted. Swelling government deficits and the strength of emerging countries is weakening the demand for the dollar. Time to head for the exits?

9 posted on 10/06/2009 1:22:51 PM PDT by elizabethgrace (I pray for our military, our Republic, Bibi and Israel.)
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To: Toddsterpatriot

What say you?


13 posted on 10/06/2009 1:43:00 PM PDT by FightThePower! (Fight the powers that be!)
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To: RC one

I lost all my gold when my dentist said I needed new fillings..........


21 posted on 10/06/2009 1:57:08 PM PDT by Hot Tabasco (Who's your Long Legged MacDaddy?)
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