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Gold & Silver
I don't know if anyone on 8th follows the precious metals market or trades in silver or gold, but if they do, I'd like their thoughts on the current market.
over the last month or so, gold has climbed from 740 USD per ounce to about 820 USD. Silver as gone from 13.40 to 15.30. these are some interesting climbs, although both of these metals were climbing in price (to these numbers) what, three months ago? then they dropped back slightly.
If gold keeps going up, it's going to drag silver along behind in its wake. I follow the markets, off and on, because I collect coins and sell the "junk" coin silver that comes through my store. Right now 90% silver coins (any dime, quarter, half dollar, and dollar coin dated 1964 or before) are selling for slightly more than 10 times face value.
any thoughts? right now is a great time to sell...
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