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In your opinion which will appear first: $50. silver or $10. silver?

abcde12345abcde12345 Posts: 3,404 ✭✭✭✭✭

In your opinion which will appear first: $50. silver or $10. silver?

Comments

  • DNADaveDNADave Posts: 7,239 ✭✭✭✭✭

    How about $10 paper silver and $50 physical silver at the same time?

    Nah, I’m betting 50 first. How can it go down to 10?

  • Namvet69Namvet69 Posts: 8,625 ✭✭✭✭✭

    Break out the limbo pole mon! It's irrelevant if you can't use it to eat, buy stuff in the store, pay the bills. Peace Roy

    BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52

  • keetskeets Posts: 25,351 ✭✭✭✭✭

    currently $10 seems more reachable than $50.

  • P0CKETCHANGEP0CKETCHANGE Posts: 2,195 ✭✭✭✭✭

    $10 is only a 40% decline, while $50 is a 350% gain. I’d say the former is more likely.

    Nothing is as expensive as free money.

  • blitzdudeblitzdude Posts: 5,367 ✭✭✭✭✭

    $10 congrats!

    The whole worlds off its rocker, buy Gold™.

  • CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭

    I'll go out on a limb and say $50, but perhaps not for many years. The worldwide debt bomb will explode at some point down the line.

  • 3stars3stars Posts: 2,280 ✭✭✭✭✭

    Like asking which comes first, $1000 or $1

    Previous transactions: Wondercoin, goldman86, dmarks, Type2
  • No HeadlightsNo Headlights Posts: 2,032 ✭✭✭✭✭

    Neither for quite some time. But eventually $50. Good luck to us stackers ☺️

  • RedCopperRedCopper Posts: 173 ✭✭✭

    Neither

  • MFeldMFeld Posts: 11,921 ✭✭✭✭✭

    @RedCopper said:
    Neither

    So you believe neither will EVER occur?

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • alohagaryalohagary Posts: 2,761 ✭✭✭✭

    $10 first

  • thefinnthefinn Posts: 2,653 ✭✭✭✭✭

    I go with $50 physical, $10 paper. The miners aren't going to continue to sell what they work to extract and refine for the same cost as printing.
    There are three markets: Physical, Paper and Futures.

    thefinn
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    The $10 figure is more likely in the near term....though I do not think it will fall below that...Long term, depending on the effects of this current crisis on the world economy, $50 could occur...But more likely to hit a lower level around $30. Cheers, RickO

  • lkeneficlkenefic Posts: 7,741 ✭✭✭✭✭

    I'm buying at $10 all day long!!

    ...not that I'd actually get anyone to sell me silver at that price...

    Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

    Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
  • ashelandasheland Posts: 22,612 ✭✭✭✭✭

    $10 first, no doubt. But $50 eventually...

  • isaiah58isaiah58 Posts: 385 ✭✭✭

    Please clarify your question. As far as what silver will physically transact at on the open market, $50. If it ever drops below $15 sell physical, then it will be well into a deep recession forcing owners to liquidate large physical quantities.

    Paper doesn't matter, the market added more margin stops and instituted other measures that puts trading in paper contracts at higher risk both ways. The Comex halted taking physical delivery as well.

  • johnny9434johnny9434 Posts: 27,412 ✭✭✭✭✭

    10 dollar silver then it should take off I hope

  • Tom147Tom147 Posts: 1,420 ✭✭✭✭✭

    Has anybody been able to buy at the current spot ? All I see is " currently unavailable "

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    @Tom147 said:
    Has anybody been able to buy at the current spot ? All I see is " currently unavailable "

    My local dealer is buying but not selling any bullion. Shipped off all his Proof/Mint Set inventory except one of each date.

  • Tom147Tom147 Posts: 1,420 ✭✭✭✭✭

    Current spot at $ 14.00 give or take. I'm seeing $ 17.00 + sell price for those marked available.

  • BaleyBaley Posts: 22,658 ✭✭✭✭✭

    Imo, silver won't fall (for long) below the cost of production of new metal.

    Nor will it rise (for long) to quintuple the cost of production.

    In other words, I don't expect to live long enough to see either price, for sustained periods.

    Short term, practically anything can happen.... folks sometimes be crazy and forget how to do math.

    Liberty: Parent of Science & Industry

  • cagcrispcagcrisp Posts: 1,057 ✭✭✭✭✭

    what are people RECEIVING for common dated American Silver Eagle Bullion from LCS?

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