Posted on 03/01/2011 8:35:34 AM PST by FromLori
Italian Banks Want Protection of Gold Reserves
From GoldCore
Silver has risen another 1.4% today to a high of $34.44/oz and above the 31-year interday high of $34.33/oz reached last Tuesday (February 22nd). Silver is higher in all currencies this morning, especially the Japanese yen. The news that Saudi Arabia may be sending tanks to crush anti-government protests in Bahrain saw buying of silver, gold and oil.
(Excerpt) Read more at zerohedge.com ...
And naturally I wish I had bought another few hundred ounces. You NEVER bet enough on a winner.
I bought quite a bit at $12/oz. Should I cash in and buy non-perishable food and bottled water?
same here
got in for y2k at 5.85
and got more in Aug 2010 for 18.75
if only i had doubled my investment
I bought quite a bit at $12/oz. Should I cash in and buy non-perishable food and bottled water?
No matter how high silver goes I’m keeping it for backup along with lead. Also increasing our food storage somewhat.
I have a 1921 Morgan silver dollar, nothing unique about except its current melt value is $26.
I don’t know I can’t answer that for you not knowing your financial situation. Don’t you have any of those things now?
About three months worth of food and water, plenty of ammo. I just got my heirloom seeds and winter sowed them. Winter sowing is a first for me, but from what I’ve read it’s so much easier than starting seeds indoors which is what I usually do. The garden will be much bigger this year, and I’m going to can much more than usual.
Hmmm, CNBC talking up silver = scary and maybe time to sell? If Crammer chimes in, head for the hills!
lol I sure agree with the Cramer comment
Assuming you can afford to wait - don’t sell your silver yet.
Wait until after the inevitable 80% devaluation of the dollar, which I believe will happen before your next winter crop.
Someone once here said they were investing in precious metals, silver, lead and brass. A good combination.
The list, ping
Let me know if you would like to be on or off the ping list
I agree. I'm not even tempted to cash in any silver. Mine is in U.S. pre-1965 quarters, so it will be spendable.
Bump
Gold Closes At All Time High Of $1,435
FMX Connect “When A Gold Market Trades Like A Gold Market”
http://www.zerohedge.com/article/fmx-connect-when-gold-market-trades-gold-market
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