# Might be a good time to buy silver. Update 7-11
**URL:** https://forums.speedlife.net/t/might-be-a-good-time-to-buy-silver-update-7-11/47445
**Category:** NYSpeed Off Topic
**Created:** [April 25, 2008, 11:51pm UTC](https://forums.speedlife.net/t/might-be-a-good-time-to-buy-silver-update-7-11/47445 "2008-04-25T23:51:50Z")
**Posts on this page:** 20
**Page:** 1
### Author:  [@misteroman](https://forums.speedlife.net/u/misteroman)
#### Post date: [April 25, 2008, 11:51pm UTC](https://forums.speedlife.net/t/might-be-a-good-time-to-buy-silver-update-7-11/47445/1 "2008-04-25T23:51:50Z")
I’ve been reading all over the internet about the price of silver going pretty high in the next year or so and the reasons why.I’ve actually picked up a couple grand of it in the last month or so.The minimum I’ve heard it being was $20 an ounce by year end,which by todays date would be 20%.More are predicting $25 by years end which would be a solid 40%.
Not telling you guys to run out and sell everything you own and buy silver,but take a few mins to research it.
Also they have found a way to use silver in diesel catalytic converters instead of platinum.
At least it is in print so I have some proof of telling you guys.Also only buy if you can afford to.Maybe take that $600 from G.W.B and use it on this.
D
Silver 16.80 an ounce as of 4-24-08
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### Author:  [@JayS](https://forums.speedlife.net/u/JayS)
#### Post date: [April 26, 2008, 5:20am UTC](https://forums.speedlife.net/t/might-be-a-good-time-to-buy-silver-update-7-11/47445/2 "2008-04-26T05:20:05Z")
How much did you lose buying gold?
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### Author:  [@1995gts](https://forums.speedlife.net/u/1995gts)
#### Post date: [April 26, 2008, 12:21pm UTC](https://forums.speedlife.net/t/might-be-a-good-time-to-buy-silver-update-7-11/47445/3 "2008-04-26T12:21:20Z")
Silver has been as high as 20.60 this year…Gold will rebound.
I beleive mitsiu mining is the company that developed the silver based cat. They start mass production about 2013.
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### Author:  [@AKUMA\_TO\_TENSHI](https://forums.speedlife.net/u/AKUMA_TO_TENSHI)
#### Post date: [April 26, 2008, 3:00pm UTC](https://forums.speedlife.net/t/might-be-a-good-time-to-buy-silver-update-7-11/47445/4 "2008-04-26T15:00:36Z")
if you want to invest in silver buy the ETF ticker symbol (SLV). You will not lose transaction fees from a bullion dealer.
KK
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### Author:  [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)
#### Post date: [April 26, 2008, 6:22pm UTC](https://forums.speedlife.net/t/might-be-a-good-time-to-buy-silver-update-7-11/47445/5 "2008-04-26T18:22:13Z")
> [@JayS](#):
>
> How much did you lose buying gold?
LOL he wen’t there. I think it is too late in the game to still be betting against the $ personally but that is up to you. Buy low sell high so if you really want metals buy them when the $ is doing well and make you loot during the next credit slowdown. Now is the time to be looking at bargain stocks before an economic recovery. Just my $.02
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### Author:  [@AfXtc777](https://forums.speedlife.net/u/AfXtc777)
#### Post date: [April 26, 2008, 6:37pm UTC](https://forums.speedlife.net/t/might-be-a-good-time-to-buy-silver-update-7-11/47445/6 "2008-04-26T18:37:08Z")
nvm
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### Author:  [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)
#### Post date: [April 26, 2008, 6:49pm UTC](https://forums.speedlife.net/t/might-be-a-good-time-to-buy-silver-update-7-11/47445/7 "2008-04-26T18:49:50Z")
WAT
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### Author:  [@AfXtc777](https://forums.speedlife.net/u/AfXtc777)
#### Post date: [April 26, 2008, 7:03pm UTC](https://forums.speedlife.net/t/might-be-a-good-time-to-buy-silver-update-7-11/47445/8 "2008-04-26T19:03:55Z")
rawr I can be richers
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### Author:  [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)
#### Post date: [April 26, 2008, 7:06pm UTC](https://forums.speedlife.net/t/might-be-a-good-time-to-buy-silver-update-7-11/47445/9 "2008-04-26T19:06:06Z")
$$$ good
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### Author:  [@misteroman](https://forums.speedlife.net/u/misteroman)
#### Post date: [April 26, 2008, 8:39pm UTC](https://forums.speedlife.net/t/might-be-a-good-time-to-buy-silver-update-7-11/47445/10 "2008-04-26T20:39:03Z")
> [@JayS](#):
>
> How much did you lose buying gold?
Never bought a piece of gold, besides jewelry in my life.Where did you hear that?
D
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### Author:  [@misteroman](https://forums.speedlife.net/u/misteroman)
#### Post date: [July 11, 2008, 11:21am UTC](https://forums.speedlife.net/t/might-be-a-good-time-to-buy-silver-update-7-11/47445/11 "2008-07-11T11:21:37Z")
Bumpity as I type this silver is 18.74 or approx 12% higher then 2 1/2 mos ago.
Was wondering if anyone took my sound advice?And yes I’ve purchased $xx,xxx in silver since then.They say it will be in the $20’s shortly.
Get in,get out,get paid!
If silver does get back into the $16’s again,I HIGHLY advise you to throw some $$$ in it.I myself buy the older silver coins(early 1900’s as if silver does plummet the price of the coins will still have collector value.
Just trying to help out
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### Author:  [@BuickGN](https://forums.speedlife.net/u/BuickGN)
#### Post date: [July 11, 2008, 11:23am UTC](https://forums.speedlife.net/t/might-be-a-good-time-to-buy-silver-update-7-11/47445/12 "2008-07-11T11:23:27Z")
my father has tons of silver bullion (sp) he bought 30 years ago, still in the us mint plastic.
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### Author:  [@theblue](https://forums.speedlife.net/u/theblue)
#### Post date: [July 11, 2008, 11:32am UTC](https://forums.speedlife.net/t/might-be-a-good-time-to-buy-silver-update-7-11/47445/13 "2008-07-11T11:32:05Z")
buy and sell on ebay to avoid taxes 😃
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### Author:  [@Fry](https://forums.speedlife.net/u/Fry)
#### Post date: [July 11, 2008, 11:35am UTC](https://forums.speedlife.net/t/might-be-a-good-time-to-buy-silver-update-7-11/47445/14 "2008-07-11T11:35:44Z")
How does one go about buying silver?
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### Author:  [@justa4door](https://forums.speedlife.net/u/justa4door)
#### Post date: [July 11, 2008, 11:38am UTC](https://forums.speedlife.net/t/might-be-a-good-time-to-buy-silver-update-7-11/47445/15 "2008-07-11T11:38:32Z")
so its $20.00 a oz??? im asking b/c i have a few oz’s
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### Author:  [@misteroman](https://forums.speedlife.net/u/misteroman)
#### Post date: [July 11, 2008, 11:38am UTC](https://forums.speedlife.net/t/might-be-a-good-time-to-buy-silver-update-7-11/47445/16 "2008-07-11T11:38:44Z")
call me sometime and we’ll talk
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### Author:  [@misteroman](https://forums.speedlife.net/u/misteroman)
#### Post date: [July 11, 2008, 11:39am UTC](https://forums.speedlife.net/t/might-be-a-good-time-to-buy-silver-update-7-11/47445/17 "2008-07-11T11:39:11Z")
18.70 now
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### Author:  [@Penfold](https://forums.speedlife.net/u/Penfold)
#### Post date: [July 11, 2008, 11:39am UTC](https://forums.speedlife.net/t/might-be-a-good-time-to-buy-silver-update-7-11/47445/18 "2008-07-11T11:39:39Z")
go into your local coin shop and ask for silver.
or you could buy a silver fund SLV
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### Author:  [@Penfold](https://forums.speedlife.net/u/Penfold)
#### Post date: [July 11, 2008, 11:40am UTC](https://forums.speedlife.net/t/might-be-a-good-time-to-buy-silver-update-7-11/47445/19 "2008-07-11T11:40:51Z")
> [@theblue](#):
>
> buy and sell on ebay to avoid taxes 😃
I second that. More so for selling. The fed tries to hit you with a BS 35% tax.
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### Author:  [@Cavi\_Mike](https://forums.speedlife.net/u/Cavi_Mike)
#### Post date: [July 11, 2008, 12:01pm UTC](https://forums.speedlife.net/t/might-be-a-good-time-to-buy-silver-update-7-11/47445/20 "2008-07-11T12:01:55Z")
> [@justa4door](#):
>
> so its $20.00 a oz??? im asking b/c i have a few oz’s
The point isn’t to sell it because it can get you a bunch of worthless American dollars, the point is to BUY it because for some reason it’s cheaper than it should be. It’s a good way to free your hands of the worthless paper money in your pocket that will be worth even less in a few years.
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