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Old 12-06-2010, 10:35 AM
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Default Silver about to break the $30 oz barrier....



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http://www.kitco.com/charts/livesilver.html



{edit- looks like it just did...}
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Old 12-06-2010, 10:39 AM
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Old 12-06-2010, 10:43 AM
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Broken 30.01.....!
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Old 12-06-2010, 10:45 AM
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Can anyone tell me why the spot price at Gainesville coins is always higher than the spot price at Kitco?

http://www.gainesvillecoins.com/

http://www.kitco.com/
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Old 12-06-2010, 10:59 AM
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Makes me happy about my purchase last week..I bought 44.00 face for 990.00...might have to pick up some more...made approx 8.00 and oz profit.....of course, i'm not selling it anytime soon......survival stash.....
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Old 12-06-2010, 11:47 AM
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I had a good feeling silver was gonna break 30 today. Why, you ask? Because Friday I sold all my silver to pay off debt. I had been trying to pay off my debt and buy silver but I just couldn't get the debt paid down as fast as I wanted. I will start buying again once I pay off the last bit of debt I have. Hopefully during that time I am not buying silver will drop but I kinda doubt it will.
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Old 12-06-2010, 12:08 PM
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Sitting tight on mine and will continue to pick up a little here and there.
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Old 12-06-2010, 12:19 PM
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I don't think it's going to hold at thirty, I think it's due to drop, maybe as low as the low 20s and then head for the sky.
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Old 12-06-2010, 12:20 PM
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With everything that's going on JP Morgan might be getting rid of their short position on silver a little bit at a time......
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Old 12-06-2010, 12:29 PM
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if it hits the low 20's, i'm in again.....
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Old 12-06-2010, 01:04 PM
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Quote:
Originally Posted by JoeInSTL View Post
Can anyone tell me why the spot price at Gainesville coins is always higher than the spot price at Kitco?

http://www.gainesvillecoins.com/

http://www.kitco.com/
I've noticed that as well. Slight of hand on their part...I think it makes up the difference in the (generally) lower prices they charge. Ultimately they are probably about the same as APMEX given their higher "spot" price.
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Old 12-06-2010, 01:18 PM
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I can remember all the people telling me how stupid it was to buy in at 4 and 6 dallars and once. Well Im glad I didnt listen. But as far as selling not a chance. It was bought as security for a situation that is looming in our future. Now that seams cleser and closer everytime this administration talks about money I feel I was right.
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Old 12-06-2010, 01:59 PM
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Hit the 30.00 mark on Kitco
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Old 12-06-2010, 03:17 PM
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It takes 30 dollars in monopoly money i mean us dollars to buy silver. Sounds like a pretty good deal to me.
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Old 12-06-2010, 03:27 PM
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I purchased a few ounces a couple of months ago with the intent of making regular purchases. I think I will continue with that plan but maybe only 2-3 ounces a payday. Right now I think I can get more bang for my buck buying next years clothes for the kids and more long term food stocks(only have about 3 months for certain stocked right now). If I dump $200-$300 each month just on supplies I can do more for my family then if I put it into PMs.
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Old 12-06-2010, 03:55 PM
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And there you have it.
$30 silver.


Amazing.
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Old 12-06-2010, 05:56 PM
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It was a sign when it hit $30.06!
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Old 12-06-2010, 06:00 PM
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Quote:
Originally Posted by Zombie Hunt Club View Post
It was a sign when it hit $30.06!
BANG!!......
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Old 12-06-2010, 06:03 PM
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i just bought 43 oz off ebay last night for $22.95/oz, the guy has another 60 ounces or so that im trying to swindle out of him.
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Old 12-06-2010, 07:03 PM
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Quote:
Originally Posted by Skyjump136 View Post
I've noticed that as well. Slight of hand on their part...I think it makes up the difference in the (generally) lower prices they charge. Ultimately they are probably about the same as APMEX given their higher "spot" price.
The Kitco spot price is bid price. Gainesville usually matches the ask price...because you are wanting to buy it. They track pretty well like that.
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