price on silver is falling

Don Cave Dweller He wants you too, Malachi. Member since December 2009 Posts: 2,616	price on silver is falling Apr 15, 2013 12:56:49 GMT -5 Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by Don on Apr 15, 2013 12:56:49 GMT -5 down to 23.40 today, lowest I've seen in a long time. might want to stock up if you need some, I can't see this price lasting long.
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deb193redux In Memoriam RIP Daniel Bontempo (1959 - 2022) Member since September 2007 Posts: 6,010	price on silver is falling Apr 15, 2013 14:41:12 GMT -5 Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by deb193redux on Apr 15, 2013 14:41:12 GMT -5 gold falling too.

jamesp Cave Dweller Member since October 2012 Posts: 36,602	price on silver is falling Apr 15, 2013 15:32:04 GMT -5 Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by jamesp on Apr 15, 2013 15:32:04 GMT -5 Any ideas on where silver is going??

gr driving up their electric bill Man it was cold on the Rim that day Member since September 2010 Posts: 2,979	price on silver is falling Apr 15, 2013 15:39:52 GMT -5 Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by gr on Apr 15, 2013 15:39:52 GMT -5 James, I would say if gas is going up then silver probably isn't far behind!
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Minnesota Daniel
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price on silver is falling Apr 15, 2013 18:08:27 GMT -5

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Post by Minnesota Daniel on Apr 15, 2013 18:08:27 GMT -5

Prices are probably swinging due to emotional investing based on fears of the Euro collapsing due to the situation in Greece and Cyprus. The sky has not fallen. Pundits have been predicting inflation for a couple years now at least, and there's still no evidence of it. Now they're probably afraid the economy is deflating. Expect prices to climb "too high" again though the next time the pundits predict the collapse of something else.

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Bikerrandy can identify rocks - even green ones Say what?? Member since September 2005 Posts: 15,688	price on silver is falling Apr 15, 2013 18:14:50 GMT -5 Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by Bikerrandy on Apr 15, 2013 18:14:50 GMT -5 Hmmmm, time to go shopping for silver! ;D
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bobby1 has started giving rock gifts Member since November 2007 Posts: 3,007	price on silver is falling Apr 16, 2013 10:22:16 GMT -5 Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by bobby1 on Apr 16, 2013 10:22:16 GMT -5 Its going to be up or down depending upon the moods of the commodity speculators and not on supply and demand. Bob

drocknut
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price on silver is falling Apr 16, 2013 11:23:52 GMT -5

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Post by drocknut on Apr 16, 2013 11:23:52 GMT -5

I've heard it might go down a little more but it's anybody's guess on what it will do. I may have to dig up some cash and get some more wire although I haven't used a lot of what I already have since I've been helping my mom so not wrapping as much (plus I admit to getting a little down on wrapping since I haven't sold anything lately...but that's another story).
Hope it goes down a little bit more at least, we could all use the break from high prices if even for a short time.

Diane

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rockpickerforever
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price on silver is falling Apr 16, 2013 11:32:25 GMT -5

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Post by rockpickerforever on Apr 16, 2013 11:32:25 GMT -5

I agree with Diane, sales have really slowed. Even if silver goes down significantly, people don't want to pay enough to even recoup your silver investment, let alone the stone, the cabbing and polishing, and the labor for wrapping. I know times are tough, but the buying public just doesn't appreciate what goes into a wire-wrapped pendant or other jewelry. I'm going to be looking into materials other than silver. Jean

Forty years of fur children

drocknut
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price on silver is falling Apr 16, 2013 11:38:07 GMT -5

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Post by drocknut on Apr 16, 2013 11:38:07 GMT -5

Jean, I thought about buying some red brass to try out but not sure the public would go for that since it's not "the real thing" as far as precious metals although I've seen a lot of our talented wrappers using brass as well as parawire types and they look great.

Diane

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Sabre52
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price on silver is falling Apr 16, 2013 16:08:53 GMT -5

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Post by Sabre52 on Apr 16, 2013 16:08:53 GMT -5

Was down town today and talked to a buddy whose store sells guns, coins, silver etc. He told me every one ounce silver round in town sold out yesterday and this morning. Only thing left are collectors silver coins and American Eagles with the eagles running four bucks over spot and the others of course even higher *L*.....Mel

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rocknrob: There was a shop in Portland, don't know if it's still there called Kenny and Zukes who made the absolute best pastrami sandwiches I have ever had. The problem is every restaurant thinks their sandwich is worth $20 now and seldom makes the grade. Nov 12, 2024 9:53:31 GMT -5

rocknrob: So, to end my thread on sandwiches. If you find your sandwich worthy of that price by all means keep going to that restaurant (chewie)