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Silver at 31-year high; gold touches Rs 21,420/10 gm


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Anand Tamariya
Price of goods
by Anand Tamariya on Mar 08, 2011 11:06 AM

"The real price of every thing," says Adam Smith,[3] "What every thing really costs to the man who wants to acquire it, is the toil and trouble of acquiring it. What every thing is really worth to the man who has acquired it, and who wants to dispose of it, or exchange it for something else, is the toil and trouble which it can save to himself, and which it can impose upon other people. That this is really the foundation of the exchangeable value of all things, excepting those which cannot be increased by human industry, is a doctrine of the utmost importance in political economy"

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bajaj roopchand murlidhar
Silver at 31 years high
by bajaj roopchand murlidhar on Mar 07, 2011 07:55 PM

What mean by this is 31 years this price ?
Then why such headings. It should be all time high instead of ....years.

Bajaj Roopchand M.

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Ranganath S
NOT A SURPRISE...
by Ranganath S on Mar 07, 2011 07:46 PM

When onion price could go a record high price, it's not surprising to have gold or silver prices tear the sky - this is all because of excessive stocking by the big guns as they have realized that even Swiss bank is not safe - while we struggle to get the swiss bank money, these people have already started taking back that money and putting on gold or silver - no body can control this - just have to take whatever comes...

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Ramakrishna UR
Open bank lockers of big shots and will cool down automatically
by Ramakrishna UR on Mar 07, 2011 07:20 PM

Gold and silver have been just touching high thanks to turmoil in Libya and plus speculators. It is well known that most Indian black money is in the form of gold and silver in bank lockers and houses as there is no account of it. If you want to real kind of bring it half the price, ask people to declare the real investments and raid all bigwig lockers, as recently one guy had 10 kg of gold! One cannot imagine what would some of our bigwig politicans have? Automatically, these prices will cool off

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S V
Silver Prices Forecast
by S V on Mar 07, 2011 07:20 PM

Friends, silver will surpass all its previous records before 2014.

It can touch to rs 1.5 lacs per kg till 2014.

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Shiva Guru
DEAD INVESTMENT TO DEAD IF YOU DONT INVEST
by Shiva Guru on Mar 07, 2011 06:48 PM  | Hide replies

Dear All,

When I was in school and college, I was taught that Silver and Gold are dead investments.

My ancestral knowledge made me believe otherwise and I did not heed the advise I got in school and college.

From being a 'dead investment' G/S has become 'dead if you dont invest'.

Regards,

Shiva

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Chalta Hai
Re: DEAD INVESTMENT TO DEAD IF YOU DONT INVEST
by Chalta Hai on Mar 07, 2011 07:01 PM
You are right hoe, my dad owns bricks and bricks of silver bought way back in 1996, total 345 kg stored in a dedicated room underground

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paglu pagla
Re: Re: DEAD INVESTMENT TO DEAD IF YOU DONT INVEST
by paglu pagla on Mar 07, 2011 07:16 PM
Was ur dad in Congress?

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Shiva Guru
Re: Re: DEAD INVESTMENT TO DEAD IF YOU DONT INVEST
by Shiva Guru on Mar 07, 2011 08:08 PM
Whoever you dad is, he is a wise man. 345*Rs. 54240.. Just count the digits.

Your great great grand children will be happy.

Shiva

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Radha
Silver at 31-year high
by Radha on Mar 07, 2011 05:55 PM

Was it much costlier 31 years ago or was it not sold at all then, what does the title indicate!!

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bhola
I HAVE PURCHASED 45 KG SILVER IN 1994 ...
by bhola on Mar 07, 2011 05:30 PM

.

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Vortex
Will it keep surging high???
by Vortex on Mar 07, 2011 04:58 PM

I have purchased 2 Kg fine silver when market price was Rs.37,000 per Kg...
Will yellow market keep going on or it will drop very soon???

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