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$37 silver?

blitzdudeblitzdude Posts: 5,886 ✭✭✭✭✭
in Precious Metals

Just need a bit of magic pixie dust

Comments

  • Dave99BDave99B Posts: 8,523 ✭✭✭✭✭

    Not until Monday.

    Dave

    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • ashelandasheland Posts: 23,175 ✭✭✭✭✭

    Tuesday at the latest. >:)

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  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    I dunno !!! 👍

    Timbuk3
  • MsMorrisineMsMorrisine Posts: 32,984 ✭✭✭✭✭

    pessimists!

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    :D .... No idea where it will go .... It hit $23 briefly this morning, but eased up right away. Cheers, RickO

  • tincuptincup Posts: 5,110 ✭✭✭✭✭

    Don't know... but sure running for now.

    ----- kj
  • SNMANSNMAN Posts: 1,404 ✭✭✭

    What is a good asking price for ASE at spot +_ $22?

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  • rte592rte592 Posts: 1,656 ✭✭✭✭✭

    Might as well shoot for $47...the plumbers OK'ed work order seems to keep rising.
    Coincidentally inline with the rise in silver yesterday.

  • derrybderryb Posts: 36,774 ✭✭✭✭✭

    $22 silver?

    "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

  • blitzdudeblitzdude Posts: 5,886 ✭✭✭✭✭

    @derryb said:
    $22 silver?

    I'm showing just south of $23. Regards!

  • derrybderryb Posts: 36,774 ✭✭✭✭✭
    edited July 22, 2020 8:33AM

    It was a history lesson for the pessimists. lol

    "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

  • JimnightJimnight Posts: 10,846 ✭✭✭✭✭

    Yes we will see $37.00 and it will be sooner than later.

  • BBNBBN Posts: 3,761 ✭✭✭

    I might have to sell for that price. :)


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  • isaiah58isaiah58 Posts: 385 ✭✭✭

    Until the economy's get back, industrial use is stymied. That's 60% of silvers use. 30 maybe this year unless the dollar recovers and bonds offer higher returns first.

  • MsMorrisineMsMorrisine Posts: 32,984 ✭✭✭✭✭
    edited July 22, 2020 7:11PM

    silver just hit the $22s !!

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • OPAOPA Posts: 17,118 ✭✭✭✭✭

    Silver $22.49 ..... -0.55....11:15 EDT

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • johnny9434johnny9434 Posts: 28,270 ✭✭✭✭✭

    It's making a good run anyway

  • isaiah58isaiah58 Posts: 385 ✭✭✭

    Gold was flat, up some finally. Silver mining stocks retreated a lot as silver fell. Wish I knew how to track where the funds are focused. Maybe more heavily on gold specific ETFs?

  • dennis1219dennis1219 Posts: 267 ✭✭✭
    edited July 23, 2020 11:53AM

    I rather expect silver to languish between 19-22 until the election. (The following is an observation/prediction, not a political statement).
    If the dems and their New Green Deal win election, silver between 50-100 by end of 2022. If The republicans win, silver 30-40 same period. Either way, silver a decent long term play IMHO.

  • DoubleEagle59DoubleEagle59 Posts: 8,296 ✭✭✭✭✭

    Maybe soon in Canadian dollars.

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • MsMorrisineMsMorrisine Posts: 32,984 ✭✭✭✭✭

    Did I say $22s? I meant $24s!

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • DoubleEagle59DoubleEagle59 Posts: 8,296 ✭✭✭✭✭
    edited July 27, 2020 3:48AM

    Cheapest, current price to buy physical silver from a Canadian supplier is $34.90 per ounce. (and that's for a 1000 ounce brick).

    Website of Canadian dealer................

    www.xau.ca

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • blitzdudeblitzdude Posts: 5,886 ✭✭✭✭✭

    @DoubleEagle59 said:
    Cheapest, current price to buy physical silver from a Canadian supplier is $34.90 per ounce. (and that's for a 1000 ounce brick).

    Website of Canadian dealer................

    www.xau.ca

    At the rate the USD is dropping I might be converting to CAD in the very near future.

    $34.90 CAD is equivalent to $26.10 USD. Seems to be inline with the current rate for bars of that size.

  • MsMorrisineMsMorrisine Posts: 32,984 ✭✭✭✭✭

    ooops

    I meant $25s

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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