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Silver price to hit $20 in 8 weeks, says expert who correctly called $1,500 gold

MsMorrisineMsMorrisine Posts: 33,091 ✭✭✭✭✭
in Precious Metals

https://www.kitco.com/news/2019-09-20/Silver-price-to-hit-20-in-8-weeks-says-expert-who-correctly-called-1-500-gold.html

(Kitco News) - E.B. Tucker, director of Metalla Royalty & Streaming, doubled down on his bet earlier this year that gold would eventually rise to $1,500, an now he’s betting that silver will hit $20 in the next two months.

“Right now, we want to trade silver up to $20. We think gold is going to stabilize at $1,500 and we see silver moving to $20, so that’s a 12% move we think we can capture in the next probably eight weeks. We see that as pretty much a certainty, and we’re willing to bet on that,” Tucker told Kitco News on the sidelines of the Denver Gold Forum.

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Comments

  • derrybderryb Posts: 36,825 ✭✭✭✭✭

    just another brick in the wall.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Could happen, probably not.....But very few of my predictions have been correct :'( Cheers, RickO

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,294 ✭✭✭✭✭

    The GSR will never be in balance. We ought to use oil and bitcoin, or ??? 89-1, 75 to 1, $50 to $1.
    The Eagle is flipping and flopping.
    And we know the building trade needs iron. Will it ever be ironed out ? Just swim in it , for fun.

    Where they go is anyone's guess.

  • percybpercyb Posts: 3,324 ✭✭✭✭

    Wishful thinking.

    "Poets are the unacknowledged legislators of the world." PBShelley
  • jmski52jmski52 Posts: 22,863 ✭✭✭✭✭

    I watch Daniella's interviews and think she does a great job in her questions & guest selection.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • EdtheloraxEdthelorax Posts: 229 ✭✭✭

    I predict silver will hit $26 within 6 months.

    http://www.silverstocker.com
    Anyone can PM me Any Time about Any thing.

  • hchcoinhchcoin Posts: 4,829 ✭✭✭✭✭

    @Edthelorax said:
    I predict silver will hit $26 within 6 months.

    That would make me happy

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,294 ✭✭✭✭✭

    Buy more or sell more .... or hoard more ? Retirement is near.

  • ShadyDaveShadyDave Posts: 2,199 ✭✭✭✭✭

    Well silver is up over 3.5% today...

    Until there is a trade deal between US and China, I’m bullish on gold & silver. I don’t see a deal between the two countries happening until after the 2020 election.

  • OPAOPA Posts: 17,121 ✭✭✭✭✭

    Shades of 2011....silver up 4.5% ...haven't seen that in a long, long time.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • AcesCrackedAcesCracked Posts: 189 ✭✭

    We will probably wake up in the morning to 19.00 Silver. Hope it will hold 19.00 for a few days and stabilize.
    Keep stacking
    Tom

  • OPAOPA Posts: 17,121 ✭✭✭✭✭

    So much for wishful thinking. Another hype down the toilet.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • bidaskbidask Posts: 14,017 ✭✭✭✭✭

    Patience grasshopper

    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • OPAOPA Posts: 17,121 ✭✭✭✭✭

    @bidask said:
    Patience grasshopper

    Patience? I've heard that song for 8 years. Time to face reality, $20 silver this year is a pipe dream.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • OPAOPA Posts: 17,121 ✭✭✭✭✭

    Looks like Gold is making a run again ... $1500 just around the corner. Silvers chance of $20 by 12/31 is a long sot.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • cohodkcohodk Posts: 19,143 ✭✭✭✭✭

    @OPA said:
    Looks like Gold is making a run again ... $1500 just around the corner. Silvers chance of $20 by 12/31 is a long sot.

    Maybe he meant the next 8 weeks.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • OPAOPA Posts: 17,121 ✭✭✭✭✭

    @cohodk said:

    @OPA said:
    Looks like Gold is making a run again ... $1500 just around the corner. Silvers chance of $20 by 12/31 is a long sot.

    Maybe he meant the next 8 weeks.

    Yeah...but he said that in September....His 8 weeks have long elapsed.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • cohodkcohodk Posts: 19,143 ✭✭✭✭✭

    @OPA said:

    @cohodk said:

    @OPA said:
    Looks like Gold is making a run again ... $1500 just around the corner. Silvers chance of $20 by 12/31 is a long sot.

    Maybe he meant the next 8 weeks.

    Yeah...but he said that in September....His 8 weeks have long elapsed.

    Maybe he meant the 8 weeks after the 8 weeks after the 8 weeks, ect. This way he could say, "See, i told you".

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • WingsruleWingsrule Posts: 3,011 ✭✭✭✭

    “This week was next week last week...”

    D. Duck

  • ilmcoinsilmcoins Posts: 525 ✭✭✭✭

    @hchcoin said:

    @Edthelorax said:
    I predict silver will hit $26 within 6 months.

    That would make me happy

    Still some time to go!

  • OPAOPA Posts: 17,121 ✭✭✭✭✭

    Didn't even make it back up to $18

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,294 ✭✭✭✭✭

    Expert fortune tellers and clairvoyants are not that accurate. Then again, neither is the weatherman or CDC.

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