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If You Thought Gold Has Made A Big Move... (Silver)
The Business Insider ^ | 5-12-2010 | Joe Weisenthal

Posted on 05/12/2010 10:46:10 AM PDT by blam

If You Thought Gold Has Made A Big Move...

Joe Weisenthal
May. 12, 2010, 12:42 PM

Everyone's talking gold today, but we're hearing a lot of chirping about silver today too. And indeed since the bottom the "poor man's gold" has done way better.

Here's silver. Notice it's more than doubled since its lows.

From Stockcharts.com:

[snip]

(Excerpt) Read more at businessinsider.com ...


TOPICS: News/Current Events
KEYWORDS: commodities; gold; silver; silvercommodities
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1 posted on 05/12/2010 10:46:10 AM PDT by blam
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To: blam

One of the gold hawking outfits is running a rumor of Germany going back to the DM in some fashion.


2 posted on 05/12/2010 10:48:26 AM PDT by junta (S.C.U.M. = State Controlled Unreliable Media)
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To: blam

Bleary eyed. I thought this said “Cold” had made a big move (”Shiver”)


3 posted on 05/12/2010 10:48:59 AM PDT by HiTech RedNeck (I am in America but not of America (per bible: am in the world but not of it))
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To: blam

I’ve owned PAAS, SLW, SVM...recently and currently.


4 posted on 05/12/2010 10:50:14 AM PDT by Osage Orange (Si vis pacem, para bellum)
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To: blam

Through much of history, the silver-gold ratio has fluctuated at around 12-15 to 1.

It’s now over 60:1. If it climbed to 15:1, silver would go to $83, if gold stayed at $1,240.


5 posted on 05/12/2010 10:51:00 AM PDT by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
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To: blam

Glad we bought some.


6 posted on 05/12/2010 10:51:08 AM PDT by jazminerose
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To: blam; TigerLikesRooster; rabscuttle385; Lurker; FromLori; dennisw

ping


7 posted on 05/12/2010 10:52:15 AM PDT by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
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To: Osage Orange
I have some slightly radioactive Russian 3 ruble silver pieces in a drawer somewhere. I think I paid $8 each for them.

/johnny

8 posted on 05/12/2010 10:52:43 AM PDT by JRandomFreeper (Gone Galt)
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To: blam

Gold has had quite a run in the last 6 weeks.

If the world’s paper money is a fragile as people are saying it is, then gold might keep increasing in price and those who have been naysaying gold will be sitting on the sidelines wondering how gold can be so high.


9 posted on 05/12/2010 10:55:35 AM PDT by Presbyterian Reporter
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To: Osage Orange
I’ve owned PAAS, SLW, SVM...recently and currently.

If you don't own these or something similar, you own a popcorn fart:

JMO. YMMV.

10 posted on 05/12/2010 10:55:59 AM PDT by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: blam

“...no, no blue chips,either...I was thinking about Zinc! (pause) Yeah, Zinc! What’s it goin for these days? ...Thirty seven and a half cents-—a POUND?? ...Yeah, well, I might be willin’ to spring for a coupla TONS!” - Detective Harris (Barney Miller)


11 posted on 05/12/2010 10:57:02 AM PDT by dfwgator
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To: JRandomFreeper
I think I have 800 1 oz. silver coins buried in the back 40.

I will sell them to you for $20 each........

I will need cash.........

12 posted on 05/12/2010 10:58:05 AM PDT by Osage Orange (Si vis pacem, para bellum)
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To: All

Safe deposit box, home safe, or hole in the ground?


13 posted on 05/12/2010 10:58:17 AM PDT by babble-on
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To: Lurker
I don't pretend I own real metal.....

But I do make money....

14 posted on 05/12/2010 10:58:54 AM PDT by Osage Orange (Si vis pacem, para bellum)
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To: dfwgator

Damn...that brought back memories.


15 posted on 05/12/2010 10:59:41 AM PDT by Osage Orange (Si vis pacem, para bellum)
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To: Lurker

I own coins.
Bought at 11.00 spot thanks to a push from some very smart FReepers!


16 posted on 05/12/2010 11:00:08 AM PDT by netmilsmom (I am inyenzi on the Religion Forum)
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To: babble-on
Safe deposit box, home safe, or hole in the ground?

Yes. Diversify.

Mama said, "Never put all your eggs in one basket..."

17 posted on 05/12/2010 11:01:32 AM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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To: Osage Orange
I'm holding, neither buying or selling.

/johnny

18 posted on 05/12/2010 11:05:26 AM PDT by JRandomFreeper (Gone Galt)
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To: babble-on
Safe deposit box

Never, ever, ever. Not for any reason.

Got it? Never.

19 posted on 05/12/2010 11:07:29 AM PDT by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: Osage Orange

You paying shipping and insurance?

Deal...


20 posted on 05/12/2010 11:08:09 AM PDT by MrB (The difference between a (de)humanist and a Satanist is that the latter knows who he's working for.)
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