holy crap. silver skyrocketed

[posol]

SILVER

04/13/2006

12.96


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

 

[reckedracing]

they say its outperforming gold...

 

[pills_PMD]

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

 

[reckedracing]

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

 

[pills_PMD]

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.

 

[reckedracing]

wearing out = tarnished?

 

[pills_PMD]

tarnished and enough use will wear material off there.

 

[jeffie7]

Quoted post[/post]]
they say its outperforming gold...

To bad gold broke the $600 mark.

 

[posol]

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

 

[Bob Vila]

$1071 per ounce of Platinum...

 

[posol]

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.

 

[phunky.buddha]

Excellent return on investment. I'm pulling 50% per year on my stock though.

 

[Bob Vila]

401k
Roth IRA's

= w00t and retirement at 52

 

[posol]

hondaswap + ctforums = retirement at 30
woot

 

[BigJ]

I need to get me some freaking silver. Wow.

 

[posol]

if you got the cash, this is one of the best investments right now.

http://cgi.ebay.com/1986-2006-Silver-Eagle...1QQcmdZViewItem

these sets just keep going up and up and up.

 

[posol]

muhahahaha!!!

jumped 50 cents an ounce yesterday alone.

i got like 70 lbs of this shit.

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

do you make 1000 bucks a day off your investments?


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

 

[Briansol]

SILVER

04/13/2006

12.96


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

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

 

[endlesszeal]

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

 

[BigJ]

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.