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-   -   Anyone been following the spot price of silver (http://forums.pelicanparts.com/off-topic-discussions/1069667-anyone-been-following-spot-price-silver.html)

Rot 911 08-08-2020 04:47 PM

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.http://forums.pelicanparts.com/uploa...1596933944.jpg

aschen 08-08-2020 05:14 PM

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

Rot 911 08-08-2020 05:18 PM

Quote:

Originally Posted by aschen (Post 10978585)
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

My bad. I always thought a liberty silver dollar was an ounce, and now I find out it’s not! But, still not a bad return! And I think you’re right, until after the election I think it’s going to keep going up.

group911@aol.co 08-08-2020 07:53 PM

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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