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-   -   Silver at 34 (https://www.apostolicfriendsforum.com/showthread.php?t=33971)

ILG 02-21-2011 04:15 PM

Silver at 34
 
Wow! Does anyone know what is causing the upward trend in silver in the last few days? (I am aware of the longer term trends). $34.00 an ounce! Wow!

Digging4Truth 02-21-2011 04:18 PM

Re: Silver at 34
 
Quote:

Originally Posted by ILG (Post 1034371)
Wow! Does anyone know what is causing the upward trend in silver in the last few days? (I am aware of the longer term trends). $34.00 an ounce! Wow!

An expectation of the crash of the dollar. People are trading in their fiat money that they fully expect to be worthless for something that will hold it's value so they don't lose all of their wealth when the dollar loses it's value.

ILG 02-21-2011 04:20 PM

Re: Silver at 34
 
Yes, but has something triggered it more lately over the last few days?

*AQuietPlace* 02-21-2011 04:21 PM

Re: Silver at 34
 
:lol I thought this thread was going to be about people going gray at a young age. :lol

ILG 02-21-2011 04:22 PM

Re: Silver at 34
 
LOL!!:laffatu

rgcraig 02-21-2011 04:27 PM

Re: Silver at 34
 
Hopefully, platinum will hold out too - - I've got some I'm wanting to sell.

Digging4Truth 02-21-2011 07:42 PM

Re: Silver at 34
 
Quote:

Originally Posted by ILG (Post 1034378)
Yes, but has something triggered it more lately over the last few days?

I would imagine it has a lot to do with all of the upheaval in Egypt, Bahrain etc.

Praxeas 02-21-2011 07:55 PM

Re: Silver at 34
 
Maybe old George is manipulating the market

Digging4Truth 02-21-2011 07:59 PM

Re: Silver at 34
 
Quote:

Originally Posted by Praxeas (Post 1034531)
Maybe old George is manipulating the market

Probably not.

But you can rest assured he is profiting from it.

BeenThinkin 02-21-2011 08:21 PM

Re: Silver at 34
 
Quote:

Originally Posted by Digging4Truth (Post 1034539)
Probably not.

But you can rest assured he is profiting from it.

Now D4T that was a dirty jab! Let the guy rest a little! :happydance

Oh, wait. You meant Soros didn't you? Jab him all you want! lol

BT


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