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holy crap. silver skyrocketed

Discussion in 'Members' Lounge' started by pissedoffsol, Apr 13, 2006.

  1. pissedoffsol

    pissedoffsol RETIRED

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    SILVER

    04/13/2006

    12.96


    just a few months ago, it was 8.5x an ounce. now its almost 13 bucks. muuuhahahahahaha

    [​IMG] [​IMG] [​IMG] [​IMG]
     
  2. reckedracing

    reckedracing TTIWWOP VIP

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    they say its outperforming gold...
     
  3. pills_PMD

    pills_PMD Super Moderator

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    you know you can make silver into stirling silver by diffusing a little copper in there?
     
  4. reckedracing

    reckedracing TTIWWOP VIP

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    interesting... so whats the price for sterling silver?
     
  5. pills_PMD

    pills_PMD Super Moderator

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    cheaper than pure stuff.

    pure silver is very soft. the copper makes it more durable.
    if you had pure silver forks for example, they would wear out from your hands rubbing on them.
     
  6. reckedracing

    reckedracing TTIWWOP VIP

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    wearing out = tarnished?
     
  7. pills_PMD

    pills_PMD Super Moderator

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    tarnished and enough use will wear material off there.
     
  8. jeffie7

    jeffie7 Wrong Whole! VIP

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    To bad gold broke the $600 mark.
     
  9. pissedoffsol

    pissedoffsol RETIRED

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    gold is still in the upper 500's. it hasn't improved much though recently. I remember when i was a kid it being about 425. and i remember silver being about 4-5 bucks.

    i'm stoked though. $4 an ounce melt value pushes intrinsic value about $10
     
  10. Bob Vila

    Bob Vila ɐןıʌ qoq Admin VIP

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    $1071 per ounce of Platinum...
     
  11. pissedoffsol

    pissedoffsol RETIRED

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    oh for sure. gold and plat. are way more money.... but their purchase price is also well above as well.
    proportionally, silver is the better investment.

    I remember not too long ago buying dolar coins (just under 1 oz) for $4-5 in Good-8 condition. I can melt it for more than 3 times that number now.

    300% in 8-10 years ain't bad at all IMO.
     
  12. phunky.buddha

    phunky.buddha Admin with a big stick Admin VIP

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    Excellent return on investment. I'm pulling 50% per year on my stock though. :)
     
  13. Bob Vila

    Bob Vila ɐןıʌ qoq Admin VIP

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    401k
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    = w00t and retirement at 52 :)
     
  14. pissedoffsol

    pissedoffsol RETIRED

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    hondaswap + ctforums = retirement at 30
    woot :p
     
  15. BigJ

    BigJ I'm just about that action Boss. VIP

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    I need to get me some freaking silver. Wow.
     
  16. pissedoffsol

    pissedoffsol RETIRED

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  17. pissedoffsol

    pissedoffsol RETIRED

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    muhahahaha!!!

    jumped 50 cents an ounce yesterday alone.

    [​IMG]

    i got like 70 lbs of this shit.

    70x16 = $1120 melt value increase in 24 hours. can't beat that with a stick :p

    do you make 1000 bucks a day off your investments? :p


    the best part, is that i bought most of this stuff in the early 90's.


    [​IMG]
     
  18. Briansol

    Briansol Admins Admin VIP

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    so its been about 18 months....


    my god things have changed.

    silver broke $16.50
    gold broke $900
    plat broke $1575




    wish my ira and stocks were doing that :ph34r:
     
  19. endlesszeal

    endlesszeal Senior Member

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    no wonder that fucking ring i got for my gf during xmas was a shit load more than i expected.
     
  20. BigJ

    BigJ I'm just about that action Boss. VIP

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    PLATINUM is where its at.


    My prof was raging about it today in marketing. He says he's "retired" on platinum, but teaches for kicks.
     
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