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Re: Real Estate vs Precious Metals

There are many companies traded right here in Canada--probably 20 or 30--looking for silver in Mexico with highly credible targets. Most of them can get into production quite comfortably at $25. It will take a few years for companies to react to the latest increases in the commodiity, but the reaction will come. In the meantime, watch out for all those silver tea sets!! Old silverware is a lot like older common silver coins these days.....not much demand, lots of supply. As the parents of the boomers die off, I suspect a great deal of silver will get melted down.

Irie, 3/29/2011
CCRS member since: 12/15/2009
Posts: 173


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Postings in this thread

silver prices to rise (trebor, 3/28/2011)
 Re: silver prices to rise (Dave in the Grove, 3/28/2011)
  [this post has been deleted by its author] (3/28/2011)
   Re: silver prices to rise (CP, 3/28/2011)
   Re: silver prices to rise (Dave in the Grove, 3/28/2011)
    Re: silver prices to rise (taxicab, 3/28/2011)
     Re: silver prices to rise (taxicab, 3/29/2011)
    Re: silver prices to rise (Dick, 3/28/2011)
     Re: silver prices to rise (JAM, 3/29/2011)
      [this post has been deleted by its author] (3/29/2011)
      Real Estate vs Precious Metals (Dave in the Grove, 3/29/2011)
      Re: Real Estate vs Precious Metals (Irie, 3/29/2011)
      Re: silver prices to rise (trebor, 3/29/2011)
      Re: silver prices to rise (Dick, 3/29/2011)
  [this post has been deleted by its author] (3/28/2011)

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