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Author Topic: Silver and gold on the rise again, could it be.....balance the budget time?  (Read 6846 times)

Offline coinsarefun

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Silver and gold on the rise again, could it be.....balance the budget time?
« on: July 16, 2011, 08:40:28 PM »
I think so, what do you think?



I think this token is appropriate, the balanced scales and gold 2 troy pennyweight  :D


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Offline coinsarefun

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Re: Silver and gold on the rise again, could it be.....balance the budget time?
« Reply #1 on: July 18, 2011, 01:15:03 PM »
Hmmm, no one has any thoughts on this one?
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Offline FilthyBroke

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Re: Silver and gold on the rise again, could it be.....balance the budget time?
« Reply #2 on: July 18, 2011, 05:25:13 PM »
The rise in PM prices seems to get buyers out spending a bit more money, which can't hurt as I usually have something for sale on the website or on Ebay.  That's about the extent it affects me these days as I've sold all extra PMs a long time ago.
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Offline kaz

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Re: Silver and gold on the rise again, could it be.....balance the budget time?
« Reply #3 on: July 24, 2011, 06:41:20 AM »
I think gold is climbing the "wall of fear,"  but I also suspect a deal to raise the debt ceiling is in the offing and prices will pull back.  I sold my GLD shares last week for a bit less than double the purchase price, my only regret is not buying more when gold was around $800.  Also, when I see the talking heads on CNN business shows shouting "buy gold! buy silver!" like they were last night, I figure it's about time to sell.
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