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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (7752)1/15/2008 11:48:55 AM
From: SilverFox77  Read Replies (2) | Respond to of 8010
 
I remember buying silver back in '97 and '98,

I took physical possession of it - I averaged at $5.20 an ounce (including shipping costs). I bought a lot at $4.70 - to $4.75/oz.

I have been holding ever since, all 6500 ounces. They're plain old 'silver rounds' - each nestled in 20 count plastic containers; the boxes they were shipped in I opened and counted, and then resealed them so they wouldn't "tarnish".

I am quite confident silver will pass $25/oz. I am not an expert on silver, but I had the opportunity to sell many times and didn't - just kept holding it.

I had to MOVE to another state and transport my silver in these large 18 gallon plastic containers - with only one other person knowing I had that silver. Do you have any idea how difficult that is? Everyone should have that problem, right?
As far as I'm concerned, silver is KING.

Gold is gr8 - I had a few ounces of that as well (no where NEAR my silver - I held 30 or 35 ounces of gold - sold most of it to start a business and MOVE). Gold is a lot easier to sell and transport, that's for darn sure.

Just thought I'd contribute to the board.

Lorri