Are Gold and Silver gonna keep going down?

[Oceanbob]

As the economy gets better metals will drop.

Dave Ramsey would not invest in metals at this time.

JMO

[Baboosh]

Silver down 13.5%

maybe you all are right, it may be $15 by Friday

[Baboosh]

Just took a big drop, down 16% right now.

[socal147]

Gold will be $50 an ounce.
Silver will be $1 an ounce.

[TheChief]

Gold will be $50 an ounce.
Silver will be $1 an ounce.

Then it'll be time to buy buy buy!

[TheChief]

Are any of you selling your silver and gold coins, bars, and trinkets today or tomorrow?

[Baboosh]

Down 16.5% now

[TheChief]

Just checked, gold is at $1482 and silver is at $25.70 an ounce. These have not been this low in two years.

Thoughts on the next year? Time to buy or time to sell?

Its 4:15p EST. U.S. Markets close at 4:00p EST

Gold - $1335/oz
Silver - $22.70/oz

[Baboosh]

Are any of you selling your silver and gold coins, bars, and trinkets today or tomorrow?

Curious also. I'll pay cash if anyone is looking to dump

[jpscoot_21]

Salt lake city refinery. Bullion for sale

[slo5oh]

I hear the fed is selling gold this week, trying to drove gold prices downtown inflate the $. Also Cyprus dumping all their gold for a bail out is bringing prices down.

[fivebyfive]

JMHO...but in a realy prolonged SHTF thing...gold and silver won't be worth a nickel...sorry for the pun. I really think and still maintain that skills, seeds and ammo will be the only worthwhile "currency". Barter can't hurt either.

[Ripon83]

Fed

I hear the fed is selling gold this week, trying to drove gold prices downtown inflate the $. Also Cyprus dumping all their gold for a bail out is bringing prices down.

Can you show me something that says the Fed is selling.

[TheChief]

8:30p EST

Gold - $1325/oz
Silver - $22.12/oz

[Sig556swat]

JMHO...but in a realy prolonged SHTF thing...gold and silver won't be worth a nickel...sorry for the pun. I really think and still maintain that skills, seeds and ammo will be the only worthwhile "currency". Barter can't hurt either.

Alcohol will also come in handy