Silver Almost Down to Half of Its High

120 Tomahawk missiles were fired into Libya on March 17, 2011 and Silver was $50/ounce in April 2011.

Now it is April 2013.

There is so much talk that has died down because 'experts' are tired of embarrassing themselves using rational predictives.

Since silver market is one big manipulation it is hard to stay interested..and that's probably the goal.

Sure, buy at %25. Why not.

$25

Silver will reach $32/ounce by tomorrrow. What will you do??

wow the second poster is right, it's been two years since $50 silver. should've sold then, and planned on buying this dip. everyone i know didn't expect the dip to get back to the 20's, we were all wrong.

NO IT IS NOT !!!

I planted an apple tree six years ago. I have gotten at least a bushel of apples from that tree every year for the past four years. It is a small drawf tree. The sapling cost me a three bucks. It has already been a serious investment in terms of real wealth, and will keep right on providing me with some apples for the lifetime of that tree.

That's investment. But a serious drought or fire could end that investment. But even it that happened I would have already paid the intial investment cost countless times over it start up cost.

That's investment.

Casinos, not so much.

My flux capacitor went out on my laser spectrometer, so I am S.O.L.

Interesting Opinion.
Anything to Base this off of?

I'm with you....below $25 I'm loading up....My time horizon is long....PMs is a hedge rather than an investment for me....I was in when it was $3.50oz....

See it: [link to yep.it]

i just put two apple trees, a peach tree, 4 raspberry plants, 2 blueberry, 4 strawberry in the ground just last week :)

still wondering about this silver issue. i used to think it was blatant JP Morgan manipulation and eventually they'd be outed. Well it seems they've been outed but the manipulation continues.

shouldn't the gold to silver price ratio be lower, according to fundamentals?

At a coin store you'll pay $3 over spot for a Silver Eagle. Less on line but then you've got a paper trail. And with the current leaders you don't want a paper trail.

Fundamentals that you speak of are back when gold and silver were uses as money. It will nevwr be used as money in the eveeyday real world again. Some miners can still mine silver for about $10 or less per ounce. If you wanr a precious metal with real fundamentals look at palladium or maybe platinum, but more so palladium.

Historically 16:1 gold/silver ratio.

I'm just in a holding pattern. Truth is I don't have lots of silver to speculate with to make a profit.

I see where you're going..wish I were in a position to follow.

The mining costs of silver has gone through the roof lately. This will lower supply.

I know you can buy more even with a small amt of physical pm and then accumulate enough to buy gold as well. Very good idea.

Not true. Silver is a by product of mining for other metals. Look at the financial reports released recently by some of the top silver minders. They mine silver at an average of $10 per ounce some other moners do it for $7 -9 per ounce. The silver community loves to spin and distort the facts. Think about it. If the fed printing billions hasnt caused the metals to go through the roof then what will?

what i say become true, its useless, you cant eat gold and silver silver, if you say you can drink it, okay melt your silver bar and drink it.. its useless and the price will drop.

I wish I had the vid I saw of an african town that pans gold constantly to buy food each day from scalpers.

I don't accept your point because it has an empty real world rationale.

Actually what I said is very true. I keep tabs on a fair amount of mining companies. Their costs have gone up tremendously lately. The easy to get to silver is out of the ground in a lot mines now. Since silver is higher as of the last few years, mining companies are trying to get at the lower grade ore and deeper veins. This in turn has risen costs. Every year costs are going up.

The top mining companies are still extracting cheaper than the juniors, but it still results in less silver coming out of the ground.

yea they exchange 1 gram of gold to one bad quality bread loaf, so 1 troy oz of gold you will get 31 bread loaf. thats the real price of gold

Did you know each Tomahawk Missle has upwards of 500 OZ of silver in it?

So in your mind starvation is preferable. What I'm saying doesn't mean it all goes into the hands of scalpers that was one example of many.
Gold and silver can be used for trade whether you have desirable supplies or seed or paper vehicles shelter. C'mon bro even I can figure that out.

Sounds risky.... but what the hell. Go ahead, fire a few of those my way... for 500 ounces of silver a pop... I'll take my chances.

Can you please post a link to backup that claim? Idont beliwve that at all unless there is evidence that what you said about the missles is true.

silver down 2.5% today...