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What could happen in 2024 that would push silver to $15?

cohodkcohodk Posts: 19,118 ✭✭✭✭✭
in Precious Metals

What could be silver's black swan?

Excuses are tools of the ignorant

Knowledge is the enemy of fear

Comments

  • MartinMartin Posts: 965 ✭✭✭✭✭
    edited January 1, 2024 6:50PM

    Ok I’ll play. While drilling our well at 8 feet we hit a load of silver larger that the comstock👍🏻

    Had to come up with something after the first thread of over $30

    Martin

  • blitzdudeblitzdude Posts: 5,891 ✭✭✭✭✭

    Reality. RGDS!

    The whole worlds off its rocker, buy Gold™.

  • percybpercyb Posts: 3,324 ✭✭✭✭

    Nothing

    "Poets are the unacknowledged legislators of the world." PBShelley
  • jmski52jmski52 Posts: 22,843 ✭✭✭✭✭

    Debt bubble collapse.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • LukeMarshallLukeMarshall Posts: 1,982 ✭✭✭✭✭

    manipulation

    It's all about what the people want...

  • derrybderryb Posts: 36,809 ✭✭✭✭✭

    Blitz purchases will drive it down

    "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

  • GoldminersGoldminers Posts: 3,984 ✭✭✭✭✭

    If I buy at $25.

    My US Mint Commemorative Medal Set

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,288 ✭✭✭✭✭

    The cost of a postage stamp could be cut in half. That might do it.

  • Peter89Peter89 Posts: 66 ✭✭

    Comex keeping getting away with those who ask for delivery

  • EstilEstil Posts: 7,058 ✭✭✭✭

    That would be real nice to get another chance to stock up on silver dimes/quarters again like I did in 2022 when it was down to $17-$18ish...

    WISHLIST
    D's: 54S,53P,50P,49S,45D+S,44S,43D,41S,40D+S,39D+S,38D+S,37D+S,36S,35D+S,all 16-34's
    Q's: 52S,47S,46S,40S,39S,38S,37D+S,36D+S,35D,34D,32D+S
    74T: 37,38,47,151,193,241,435,570,610,654,655 97 Finest silver: 115,135,139,145,310
    73T:31,55,61,62,63,64,65,66,67,68,80,152,165,189,213,235,237,257,341,344,377,379,390,422,433,453,480,497,545,554,563,580,606,613,630
    95 Ultra GM Sets: Golden Prospects,HR Kings,On-Base Leaders,Power Plus,RBI Kings,Rising Stars
  • GoldFinger1969GoldFinger1969 Posts: 1,757 ✭✭✭✭✭

    @cohodk said:
    What could be silver's black swan?

    Global recession, geopolitical event that depresses worldwide GDP growth.

  • cohodkcohodk Posts: 19,118 ✭✭✭✭✭

    @GoldFinger1969 said:

    @cohodk said:
    What could be silver's black swan?

    Global recession, geopolitical event that depresses worldwide GDP growth.

    Isn't that what the PM bugs are expecting (rooting for)?

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • jmski52jmski52 Posts: 22,843 ✭✭✭✭✭
    edited January 9, 2024 9:56AM

    Isn't that what the PM bugs are expecting (rooting for)?

    No, that’s what YOU say anbout pm enthusiasts and you are 100% wrong.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • cohodkcohodk Posts: 19,118 ✭✭✭✭✭

    We getting closer to 15 than 30.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • derrybderryb Posts: 36,809 ✭✭✭✭✭

    @cohodk said:
    We getting closer to 15 than 30.

    if you actually own any silver, the fact that you haven't sold it says you agree 30 is more likely than 15

    "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

  • cohodkcohodk Posts: 19,118 ✭✭✭✭✭

    @derryb said:

    @cohodk said:
    We getting closer to 15 than 30.

    if you actually own any silver, the fact that you haven't sold it says you agree 30 is more likely than 15

    And that's the difference between me and you. You see I stated a fact whereas you, well.... you've got like 3 or 4 suppositions or assumptions in just one 22 word sentence. Lol

    Get in the real world. ;)

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • dcarrdcarr Posts: 8,460 ✭✭✭✭✭
    edited February 15, 2024 3:51PM

    @cohodk said:
    We getting closer to 15 than 30.

    .

    Another excellent contrarian indicator.
    The vertical dashed line corresponds to the timing of your post:

    .

    Moonlight Mint
  • blitzdudeblitzdude Posts: 5,891 ✭✭✭✭✭

    More gutter. Thx Costco. RGDS!

    The whole worlds off its rocker, buy Gold™.

  • cohodkcohodk Posts: 19,118 ✭✭✭✭✭
    edited February 15, 2024 7:47PM

    @dcarr said:

    @cohodk said:
    We getting closer to 15 than 30.

    .

    Another excellent contrarian indicator.
    The vertical dashed line corresponds to the timing of your post:

    .

    The thread hadn't been bumped in 5 weeks, so have you considered why I actually chose that particular time? Of course not, because it seems I'm dancing on your cerebellum as you are incessant in your attempt to belittle. Keep trying.

    However, I suppose you may call it contrarian if you don't know what to look for.

    Pay attention grasshopper.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • EstilEstil Posts: 7,058 ✭✭✭✭

    @blitzdude said:

    More gutter. Thx Costco. RGDS!

    Why do you keep putting down silver calling it "gutter" yet here you are buying some? I thought you settled for nothing less than the "Metal of Kings"?

    WISHLIST
    D's: 54S,53P,50P,49S,45D+S,44S,43D,41S,40D+S,39D+S,38D+S,37D+S,36S,35D+S,all 16-34's
    Q's: 52S,47S,46S,40S,39S,38S,37D+S,36D+S,35D,34D,32D+S
    74T: 37,38,47,151,193,241,435,570,610,654,655 97 Finest silver: 115,135,139,145,310
    73T:31,55,61,62,63,64,65,66,67,68,80,152,165,189,213,235,237,257,341,344,377,379,390,422,433,453,480,497,545,554,563,580,606,613,630
    95 Ultra GM Sets: Golden Prospects,HR Kings,On-Base Leaders,Power Plus,RBI Kings,Rising Stars
  • blitzdudeblitzdude Posts: 5,891 ✭✭✭✭✭

    @Estil said:
    Why do you keep putting down silver calling it "gutter" yet here you are buying some? I thought you settled for nothing less than the "Metal of Kings"?

    The Metal of Kings goes into the vault so to speak. Physical gutter is primarily for the flip/gsr swap and the paper gutter is for the quick trades. It's a big complex world out there, one should not limit their avenue for bringing home $$$. RGDS!

    The whole worlds off its rocker, buy Gold™.

  • derrybderryb Posts: 36,809 ✭✭✭✭✭

    The Gold/Silver Ratio Says Silver’s Still Cheap

    "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

  • EstilEstil Posts: 7,058 ✭✭✭✭

    @blitzdude said:

    @Estil said:
    Why do you keep putting down silver calling it "gutter" yet here you are buying some? I thought you settled for nothing less than the "Metal of Kings"?

    The Metal of Kings goes into the vault so to speak. Physical gutter is primarily for the flip/gsr swap and the paper gutter is for the quick trades. It's a big complex world out there, one should not limit their avenue for bringing home $$$. RGDS!

    What is this RGDS, some sort of Star Wars droid? I don't know what you mean by this whole flip/gsr swap but I just like collecting silver coins (more specifically the so-called "junk" silver as well as Silver Eagles and Silver Maples; of course the idea being trying to get all the years/mintmarks of them I can).

    WISHLIST
    D's: 54S,53P,50P,49S,45D+S,44S,43D,41S,40D+S,39D+S,38D+S,37D+S,36S,35D+S,all 16-34's
    Q's: 52S,47S,46S,40S,39S,38S,37D+S,36D+S,35D,34D,32D+S
    74T: 37,38,47,151,193,241,435,570,610,654,655 97 Finest silver: 115,135,139,145,310
    73T:31,55,61,62,63,64,65,66,67,68,80,152,165,189,213,235,237,257,341,344,377,379,390,422,433,453,480,497,545,554,563,580,606,613,630
    95 Ultra GM Sets: Golden Prospects,HR Kings,On-Base Leaders,Power Plus,RBI Kings,Rising Stars
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