Friday, April 8, 2011

Silver Spot Closes The Day at $41.01 ASK

Since watching the $40.00 breakout that made history during the early morning hours today silver has closed the day with an ASK PRICE of $41.01:  

That's a 2.5% gain folks!

Look at the tubes of American Silver Eagles selling on EBAY!

They are selling around $960.00 per roll.  It wont be long and you will not be able to get a roll under $1,000.00.

You will now see silver often move intraday more than $1.00 and probably several dollars as the price even climbs higher.  I would suspect that the $50.00 mark could be likely next week.  

I had to wait on the phone today a very long time to talk to a representative at one of the large reputable dealers here in the U.S.A. today.   The investment interest in increasing now:

Monster Boxes are moving above $22,000 now which is likely to be a bargain compared to what's coming:



Silver is not for everyone:

A good friend of mine wrote me yesterday and said:


"NOT impressed with silver though.
Hey wise guy, if it is such a great deal, why are people all around the country not buying it all up?  Remember, there are millions of people out there looking for a place to safely invest their money.  There is no shortage of those people.  And yet, silver is not in short supply?  Hummmm,......something fishy here!!!!!

THINK!!

THINK!!

THINK!!

And,............do not react or over react!!!!!!!!!"

Well, as I said:  Silver is not for everyone but it is still available.  I would like to know where these millions of people are investing their money?  Now that I'd like to hear about....

:-)

...developing...