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■ Silver Hits Highest Price Since March 7, 1980

24

Comments

  • Hi Guys, first post here:

    Just bought some silver this week after reading and listening a lot lately to a few folks who are of the opinion that it's going to go "through the roof". Has anyone come across a guy called Mike Maloney? he's an expert in Wealth Cycles.
  • Asheron
    Asheron Posts: 1,229 Forumite
    Today $34 oz
    As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.
  • Masomnia
    Masomnia Posts: 19,506 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Steve_Wyer wrote: »
    Hi Guys, first post here:

    Just bought some silver this week after reading and listening a lot lately to a few folks who are of the opinion that it's going to go "through the roof". Has anyone come across a guy called Mike Maloney? he's an expert in Wealth Cycles.

    I believe he's known in some circles as 'Mike Baloney'.

    Can't say I'm familiar with him myself though.
    “I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse
  • 30 years?

    Is that the longest recovery ever?
    Not Again
  • purch
    purch Posts: 9,865 Forumite
    he's an expert in Wealth Cycles

    Say's who ??
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • System
    System Posts: 178,377 Community Admin
    10,000 Posts Photogenic Name Dropper
    purch wrote: »
    Say's who ??

    An army of silver sockies.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Joeskeppi wrote: »
    An army of silver sockies.

    A silver sock. Doesn't sound comfy.
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    Generali wrote: »
    A silver sock. Doesn't sound comfy.

    Ah, but at least they are anti-bacterial:D.
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
  • 08:16 22Feb11 - SILVER <XAG=> DOWN 3 PCT AT $32.86/OZ, ON TRACK FOR BIGGEST DAILY LOSS SINCE JAN. 20

    08:22 22Feb11 - Silver down more than 3 pct, off 31-yr high

    LONDON, Feb 22 - Silver fell more than 3 percent on Tuesday, on track for its biggest daily loss since Jan. 20 and falling from a 31-year high as a higher dollar deterred non-U.S. investors.

    Traders said a sharp rally in precious metals over recent sessions appeared to have lost some momentum.

    Silver <XAG=> was at $32.86 an ounce at 0820 GMT from $33.85 late on Monday. The metal earlier hit its highest level since 1980, above $34 an ounce and hit a session low of $32.76.
    Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
    (MSE Andrea says ok!)
  • bendix
    bendix Posts: 5,499 Forumite
    Asheron wrote: »
    Today $34 oz


    What's the price today, Asheron?

    Come on, front up. How much do you own? I've already established you're unwilling to put your money where you mouth is with your forecasts, so I'm intrigued to see how much of your own wealth is tied up in silver.

    You won't reply of course.
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