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Silver Spot

It seems silver is climbing.
Anyone think it will hit $ 20/oz by December 31, 2019 ??

Let's discuss.

Chris!

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    PerryHallPerryHall Posts: 45,449 ✭✭✭✭✭

    I sure don't know but if it did it wouldn't surprise me in the least.

    Worry is the interest you pay on a debt you may not owe.

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    It is a possibility, however, with the recent market volatility, it is just guesswork. Money has been moving in and out of stocks and PM's quicker than trains at Grand Central...Cheers, RickO

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    PerryHallPerryHall Posts: 45,449 ✭✭✭✭✭

    This would be a good topic for the Precious Metals Forum. :)

    Worry is the interest you pay on a debt you may not owe.

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    jmlanzafjmlanzaf Posts: 32,047 ✭✭✭✭✭

    We could hit 20 or 14. Something like a China trade deal could drop gold and silver in a hurry.

    You place your bets and you see what happen.

    I'm scrapping both gold and silver today. Been doing it regularly through the entire climb. You hold it, you're speculating. Markets go both up and down.

    You want to "discuss", what's the reason for silver's climb? It's not because silver became more scarce. Are they using more silver?

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    mustangmanbobmustangmanbob Posts: 1,890 ✭✭✭✭✭

    Yes it might.

    And no it might not.

    The correct answer, today, is worth billions.

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    jmlanzafjmlanzaf Posts: 32,047 ✭✭✭✭✭

    @mustangmanbob said:
    Yes it might.

    And no it might not.

    The correct answer, today, is worth billions.

    LOL. All I want to know is what it will close at tomorrow! I don't care if it is up or down. That info is still worth billions. ;)

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    TwoSides2aCoinTwoSides2aCoin Posts: 43,863 ✭✭✭✭✭
    edited August 29, 2019 9:33AM

    Have done a few transfers from traditional IRAs and 401ks to gold IRAs.
    One client is up 20+% in less than 18 months. He said he took my advice. I told him I don't give advice. He made the choice, not me.

    And the only U.S. coin relation is that they're gold and silver American Eagles.

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    johnny9434johnny9434 Posts: 27,532 ✭✭✭✭✭

    who knows for sure. look at the futures, that might help or tell

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