[mos6507]

I also found out over the weekend that cast iron pans make good melee weapons for fighting off invaders.

[Revi]

I saw Tangled and thought that it makes a good case for cast iron frying pans.

The price of them is going up as well.

I suppose it's always a good time to buy things like that.

[roccman]

Happy New Year All!!

Silver closed at all time high $30.90 (pinged $30.97)...

Hope you all are still buy'n!

Silver to $300 !!!

Heard it here first folks!!

[Revi]

Silver seems to want to hold over $30 now. It was hard to get it to stay there before, but it's been over it for three days now. Happy New Year. I'm not going to predict $300, but maybe $50 is possible now. Is inflation happening?

[Outcast_Searcher]

$this->bbcode_second_pass_quote('Revi', ' ')Is inflation happening?

[joewp]

$this->bbcode_second_pass_quote('Revi', ' ')

I am still buying Griswold and Wagner. You can't go wrong with them. Even if the world goes crackerdog you can still use a cast iron pan to cook up a squirrel stew.

That's my new plan.

[Revi]

I just bought two of those Griswold #8's cleaned them up and am offering them for sale. My wife has one and I just cooked my breakfast in one. They are antiques that function just as well now as they did then. I love them.

Back to PM's, it looks like $30 is the new price for silver. It's been over $30 for almost a week now. I think this is the price now.

[mattduke]

$this->bbcode_second_pass_quote('OilFinder2', '')$this->bbcode_second_pass_quote('OilFinder2', 'I')s that a left shoulder and a head I see forming in the price of gold?

Click on the 3-month or 6-month view and it starts to look a bit, well, "Hmmmm."
http://www.marketwatch.com/investing/fu ... re-us-gold

[Revi]

I really don't know what will happen with the price of silver. I am not buying for the time being, nor am I selling. I might buy some numismatic coins, because their price hasn't been affected by the run up, but I'm not buying any more junk silver until it holds over $30 for a little while. There were sell offs after it hit thirty the last 2 times, so I just don't trust it yet.

I would like to buy some more 8 reales if I can find any. I got an 1855 Zacatecas and have a hankering for more of them if I can find any.

[copious.abundance]

$this->bbcode_second_pass_quote('roccman', 'H')appy New Year All!!

Silver closed at all time high $30.90 (pinged $30.97)...

Hope you all are still buy'n!

Silver to $300 !!!

Heard it here first folks!!

$this->bbcode_second_pass_quote('mattduke', '')$this->bbcode_second_pass_quote('OilFinder2', '')$this->bbcode_second_pass_quote('OilFinder2', 'I')s that a left shoulder and a head I see forming in the price of gold?

Click on the 3-month or 6-month view and it starts to look a bit, well, "Hmmmm."
http://www.marketwatch.com/investing/fu ... re-us-gold

[ColossalContrarian]

$this->bbcode_second_pass_quote('OilFinder2', '
')The head-and-shoulders didn't form exactly as a textbook would tell you, but it's clearly forming a top of some kind.

[Revi]

Definitely buy on the dips. It seems like Silver's hit a bottom now at around $27. I could be wrong, but it's leveled out today. Yesterday it really went down. Somebody told me that if it closed below $28.50 it would go to the next lowest place which may be somewhere around $26.50. It's been there and is now trending upwards. I don't know if it's just resting and is going down some more, but it's a lot more attractive than buying at $30 an ounce.

[joewp]

Meanwhile OF2 just posted a couple of articles about some dream of a 30 year boom cycle in which the dreamers in the article recommended buying commodities. So which is it, Oily?

By the way, technical analysis is bunk.

[Revi]

Last week may turn out to have been a buying opportunity. Oil was down to 86, silver was at 26, and lithium was down to 22, for the ETF named LIT. I got a couple more ounces of junk silver at 20 times face value and a silver eagle for $25. Unless silver crashes again I think I did okay. I didn't have money to buy any more, but it may have been a chance to buy. Or it may crash again. We'll see.

[Katuhaukka]

I have possibility to invest some money for the fist time in my life..any recommendations?
Some years ago I would have known what to do but didn't have the money for gold.

[Revi]

If I was you I would buy silver coins at around the melt price that may have some numismatic value soon. Examples are Peace Dollars, walking liberty half dollars and coins like that. It depends on the country you are in, but maybe even some Maria Theresia thalers, if they are actually silver.

Whatever you buy, have a current coin book with you and check out what you are buying. If you can get coins at melt value, you can't go wrong. They are worth their weight in silver, so any additional numismatic value is gravy.

Then put them in a safe deposit box in a local bank.

I just paid 20 times face value for some walking libs, some mercury dimes and a couple of Peace dollars. If you can find a deal like that, buy some.

Most coin shops will help you out.

[Revi]

If I was you I would buy silver coins at around the melt price that may have some numismatic value soon. Examples are Peace Dollars, walking liberty half dollars and coins like that. It depends on the country you are in, but maybe even some Maria Theresia thalers, if they are actually silver.

Whatever you buy, have a current coin book with you and check out what you are buying. If you can get coins at melt value, you can't go wrong. They are worth their weight in silver, so any additional numismatic value is gravy.

Then put them in a safe deposit box in a local bank.

I just paid 20 times face value for some walking libs, some mercury dimes and a couple of Peace dollars. If you can find a deal like that, buy some.

Most coin shops will help you out.

[Revi]

If I was you I would buy silver coins at around the melt price that may have some numismatic value soon. Examples are Peace Dollars, walking liberty half dollars and coins like that. It depends on the country you are in, but maybe even some Maria Theresia thalers, if they are actually silver.

Whatever you buy, have a current coin book with you and check out what you are buying. If you can get coins at melt value, you can't go wrong. They are worth their weight in silver, so any additional numismatic value is gravy.

Then put them in a safe deposit box in a local bank.

I just paid 20 times face value for some walking libs, some mercury dimes and a couple of Peace dollars. If you can find a deal like that, buy some.

Most coin shops will help you out.

[roccman]

silver $32.66

30 year high