When will silver hit $20 / oz?
topstuf
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When do you think silver will make it to $20 ?
When will silver hit $20 / oz?
This is a private poll: no-one will see what you voted for.
0
Comments
Unfortunately, the majority with these type of inquiries, are seldom correct.
I voted 5-7 yrs, but it'll probably happen after I'm dead !!!
the only way silver prices will hit the all time high again would be a dollar collapse. probably not in this lifetime. 20/ounce, several years
did the dollar collapse at the all time high?
Repetition of ignorance is ignorance raised to the power two.
Let's see
Calculating 2+4 more years with the current government....then depending on civil unrest= xx $$.
YMMV.
Buy what you like when you like
When confidence in the banking system and its controllers declines. Precious metal prices reflect confidence in the monetary system. Re: 2009.
Repetition of ignorance is ignorance raised to the power two.
Are you saying it won't happen in our lifetime?
I'm telling you when it will happen. If you die tomorrow, then yes, it will not happen in your lifetime.
Repetition of ignorance is ignorance raised to the power two.
If these kinds of polls are mostly wrong, then maybe the correct answer is in 7+ years. Silver will reach $20/oz based on inflation alone sometime in the not distant future. To reach $50/oz might be within a generation, though.
BST: Tennessebanker, Downtown1974, LarkinCollector, nendee
Yet in under two years silver went from less than $15 to $48. While PMs offer protection from inflation it will have nothing to do with new highs just as it didn't in 2011. Two years of digesting the realization of a banking system on life support drove silver up. Excellent PR work (fake news) to re-establish temporary confidence drove it back down.
The FED just slammed on the brakes and reversed course and said no more rate hikes this year. Tells me that even they are losing confidence. So, yes, I'm backing up the truck.
Repetition of ignorance is ignorance raised to the power two.
Good point derryb. Fake news will prevent silver and gold from rising in the future, too, to at least some extent.
It would not shock me if silver rises in two years, but I just can't bet the house on it either.
BST: Tennessebanker, Downtown1974, LarkinCollector, nendee
I would say 5-7 years... leaning more to the 7 years.... Cheers, RickO
7 years would mean only 4% per year. And would be zero return over 10 years
Knowledge is the enemy of fear
Let's play, "an ounce of silver or a share of HALO?" for the next 10 years. Disclaimer: have many both
Liberty: Parent of Science & Industry
front in loaded votes in a PM forum. not so surprising.
They've been running about neck and neck over the last 5 years. Do we hope, or pray, the next 5 will be the same or different?
Knowledge is the enemy of fear
With ....silver.. it will always be different.
Two horses in a race of 20.
Imagine if you could cash bets during the race at the track like you can in the financial markets.
Liberty: Parent of Science & Industry
Hmmm....not only having the cake and eating it, but paired with a nice 40 year tawny.
Knowledge is the enemy of fear
Within 2 years
My crystal ball is on consignment.
what if the the interest rates are lowered and QE continues
This would be the result of a loss of monetary confidence. PMs would respond positively.
Repetition of ignorance is ignorance raised to the power two.
Another question: The Fed's balance sheet was close to $5T when they announced a reversal (selling) a couple years ago. How much did they sell? Where does it stand now? $4T?
The Feds balance sheet is on the fed res site.
FED will have to continue buying US debt if previous buyers continue to avoid it. I think we will find that FED balance sheet is irrelevant. It is a black hole that grows on paper to offset the creation of new money. Its one side of the make believe ledger that is used to create real, new money. The FED balance sheet is nothing more than a ledger entry to account for the printing of new money to fund government debt. In the long run it will have the same result as a third world country that simply prints as needed without any concern for keeping the books "balanced." The FED's attempt to reduce it's balance sheet is an effort to delay the day of reckoning. FED balance sheet works like the coolant expansion tank in your car. When the tank fails to return water back to the engine as it cools, then the engine eventually suffers.
FED balance sheet
Repetition of ignorance is ignorance raised to the power two.
$20 isn't that far of a reach. I'm saying less than 2 years. The world's not very stable right now. Martin Armstrong's blog has some interesting stuff on "rogue waves".
I knew it would happen.
id say maybe 3 years. ones guess is just as good as another
Repetition of ignorance is ignorance raised to the power two.
Repetition of ignorance is ignorance raised to the power two.
Later than sooner.
That answer from this year old thread, appears to be correct.
someone go back and edit an old post to call the top to the second.
never again
$5 first or $20 first
$5
And this will come to pass once the panic of "sell everything" subsides, like it did in 2009, and holders of all those dollars suddenly realize there are now a whole lot more dollars to compete with. Inflation will not escape us this time around either, another upward push on PMs.
Repetition of ignorance is ignorance raised to the power two.
All those dollars are tied up in non performing debt.
only the ones used by the FED to buy debt. QE did more than buy debt. For one thing it was used for stock buybacks. Much of it was provided to banks who pretty much did as they pleased with it.
Repetition of ignorance is ignorance raised to the power two.
All those dollars are tied up in non performing debt.
And some bonus payouts.
I knew it would happen.
Real silver's at $20+
Repetition of ignorance is ignorance raised to the power two.
Not any time soon, but eventually it will happen. Just like death and taxes.
Next month
It's all about what the people want...
I'm selling the $hit out of ASEs on ebay for $25 ea.
It is happening.
Repetition of ignorance is ignorance raised to the power two.
I would have never doubted so.
Knowledge is the enemy of fear
No chance before the Nov. election.
silver bars are selling for over $20 per ounce
When all the first time, panic buyers realize that PMs are not an investment, the market will be flooded with supply
Repetition of ignorance is ignorance raised to the power two.
Yes. It is only called an investment when your net worth increases as a result of holding it. If your net worth decreases or stays the same (actually decreases since inflation decreased purchasing power), then it called insurance.
chuckle chuckle......im trying to stay away from the LOL's
Knowledge is the enemy of fear
So I guess stocks aren't an investment.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
"When will silver hit $20 / oz?"
Physical silver already has. Paper silver? Not anytime soon.