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
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...)
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)
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 shouldnt take the U.S. dollars 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.)
To: Toddsterpatriot
13 posted on
10/06/2009 1:43:00 PM PDT by
FightThePower!
(Fight the powers that be!)
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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