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To: FromLori
Silver I got. Not a lot, but more than Gold.

But I did recently see an ad that was pushing silver. Because it is used in more industrial processes than Gold, it will end up being more in short supply than Gold.

A quick look at the US Mint site; if you're wanting to buy bullion silver dollars; they're out until they can buy a sufficient number of silver blanks to restart production.

And the price is going up.

5 posted on 12/13/2009 2:00:20 PM PST by AFreeBird (Going Rogue in 2012)
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To: AFreeBird

Tungsten?

http://dailyreckoning.com/a-soon-to-be-precious-commodity/


7 posted on 12/13/2009 2:11:56 PM PST by FromLori (FromLori)
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To: AFreeBird
LOL, the mint keeps on hand:

Silver Deep storage inventories (FTO) 7,075,171 from 2007 Market value ($ per FTO) $13.65 Market value ($ in thousands) $96,576 Statutory value ($ in thousnads) $9,148

Silver-working stock: inventories (FTO) 8,924,829 from 2007 Market value ($ per FTO) $13.65 Market value ($ in thousands) $121,824 Statutory value ($ in thousnads) $11,539

13 posted on 12/13/2009 2:38:40 PM PST by org.whodat
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To: AFreeBird
Because it is used in more industrial processes than Gold, it will end up being more in short supply than Gold.

Only problem, with Obamalamadingdong and co. in charge, how much "Industrial process" will still be going on?

14 posted on 12/13/2009 2:51:33 PM PST by qam1 (There's been a huge party. All plates and the bottles are empty, all that's left is the bill to pay)
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To: AFreeBird

This is all new to me. How do I buy silver in bars?


21 posted on 12/13/2009 6:09:30 PM PST by Redcitizen (Zartan for President 2012)
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