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Friend of Warren
Join Date: Oct 2000
Location: Lincoln, NE
Posts: 16,484
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Anyone been following the spot price of silver
About a year ago I bought 200 Liberty silver dollars and about 40 old silver quarters. That comes out to be about 220 ounces of silver. When I bought it the spot price of silver was right around $16 an ounce. Spot price on Friday was over $28! I just bought it because I thought it would be fun to have some silver to add to the collection. Never thought of it as an investment as the spot price has hovered around $16 an ounce for years.
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Kurt V No more Porsches, but a revolving number of motorcycles. |
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08-08-2020, 04:47 PM
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Registered
Join Date: May 2003
Location: Woodlands TX
Posts: 3,940
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Comes out to 150 oz by my calculations. Yeah it's been crazy was 12% a couple months ago. I think it will go up more until beer flu passes, but who knows
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08-08-2020, 05:14 PM
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Friend of Warren
Join Date: Oct 2000
Location: Lincoln, NE
Posts: 16,484
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Quote:
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Kurt V No more Porsches, but a revolving number of motorcycles. |
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08-08-2020, 05:18 PM
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Registered
Join Date: Nov 2001
Location: Denver
Posts: 9,729
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Back in the old days, silver was tied to the price of oil. Then the Hunt brothers tried to corner the market. It was wild.
https://priceonomics.com/how-the-hunt-brothers-cornered-the-silver-market/ |
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08-08-2020, 07:53 PM
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