Posted on 07/13/2011 6:30:45 AM PDT by Atlas Sneezed
Comex gold futures prices are trading higher Wednesday and scored a fresh all-time record high of $1,579.70, basis August futures, as of this writing. Safe-haven demand is once again featured amid the European Union sovereign debt crisis. The gold market has also seen its near-term technical posture become more bullish. A weaker U.S. dollar index Wednesday morning is also a bullish factor for the precious metals. August gold last traded up $11.20 at $1,573.50 an ounce. Spot gold last traded up $5.90 an ounce at $1,573.75. December Comex silver last traded up $1.04 at $36.69 an ounce.
(Excerpt) Read more at kitco.com ...
Silver’s a bargain now. When gold was at this level a few months ago, you could get just 32 ounces of silver for an ounce of gold. Now, you can get more than 42 ounces.
How does investment silver come, in bars or coins or what?
You can get silver in most any form. I prefer so-called junk silver coins.
For an idea of prices of all sorts, see here (and remember there is postage and insurance if you order on line):
Thanks.
Bars, or legal tender new coins are popular. Mine is mostly in pre-1964 quarters and dimes. The melt value of a pre-64 dime is $2.62 and a pre-64 quarter $6.54.
bump
How does investment silver come, in bars or coins or what?
http://www.gainesvillecoins.com/category/293/Gold.aspx
May be the best prices. $27.50 per $1 face value, which is about as good as you’ll find for an easy credit card order from a trustworthy merchant.
I’m not affiliated.
If you have $15k to spend, look at tulving.com.
ping to list
I wonder what the price of gold/silver will be on August 3rd??? I have a feeling it will be a “little” higher then it is right now.
Here are live charts from 10 seconds to weekly:
Thanks.
Silver is up almost $2 today while “poor man’s silver (nickel) is up 30c, making the lowly nickel’s melt value 6.5c. When melt value hits 10c, I believe the 5-cent piece will disappear.
One thing to watch out in buying junk silver (US coins). Most I have seen sell by face value and when you get the bag, some coins are worn so thin the total weight is substantially less than nearly new coins and you are not getting full value.
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