Read from 22 on for a laugh. Just got to your post and read the above. I'll bet that many of the folks who belittle investing in gold and silver coins/ bullion bars -are most likely stock brokers. Every stock broker I've ever discussed gold and silver investments with, has finally admitted that they hate to see their clients money 'trapped' in gold and silver. By that I mean they will definitely not get that amount of money from their clients to do their buy/sell's ...thus losing commissions on that tied-up money until it's freed up again.
Regardless, I think gold and silver will continue their upward spiral. I think silver will pony over $11 this month - possibly sooner; and the sky's the limit on silver, gold, platinum and all the commodities - if Iran shuts down the Strait of Hormuz.
(3-3-06)
"I think gold and silver will continue their upward spiral. I think silver will pony over $11 this month - possibly sooner; and the sky's the limit on silver, gold, platinum and all the commodities - if Iran shuts down the Strait of Hormuz." (mid) Night trading April 19th, 2006:
Gold for April @$620.50
Silver for April @$13.760
Platinum for April @$1114.1
You hit the strike price and far exceeded it. Bingo, right on the money! The only thing remaining is when do metal & energy prices double+? The answer is when Tehran's insane Mohammedan fanatics & their preplanted jihadist moles begin targeting supertankers and the huge oil & natural gas fields all over the oil rich Persian Gulf region.
The countdown is already underway. Oh throw in a few devastating hurricanes for good measure.
Crude futures dip to just above US$71 a barrel after overnight record settlement