Forget about collecting. let's play silver....

jeniffer007

let's forget hobby and collecting for a moment. let's grab the silver and play. win or loss. it's only a game. but upward is what about most people think. $20.00/oz., $30.00/oz. or even $50.00/oz. try it. will you? your opinion?.

Trinketts

I just can't see it getting more than $15... people who were in position at $5 will start taking profit soon...

PerryHall

over what time frame? Two hundred years from now it could be worth $1,000.

HonoluluDude

$8000/oz. by the year 2086.

Scioto

I am in for the $50+ face I mentioned in the junk silver thread. Collected/pulled from change (Yes, that makes me old) in the 60's. I've sat on it for 40 years, some going into albums but most going into coin tubes.

I used to get paid with silver including the occasional Mercury Dime and Frankie on my paper route.

cladking

I think we're headed to $12 in the nearer term and from there it should eventually get
up to $25 but it may take years.

Someday it will break out and go to far higher levels and this could occur sooner than later.
When it breaks out and the conditions prevailing at that time will determine how high it can go.

Burks

I doubt we'll see $20 an ounce before I'm out of college.

That's a decent amount of years too (Pharmacy, yay)

ttown

Seems to me that everyone should just settle down and average your purchase rater it's going up or down. On the next silver correction the same people will be claiming silvers is about to crash. Seems we've seen this plenty of times here on all the the metals.

Deadhorse

I've been saying since late 2001 that the third quarter of '07 was when the cork blows off the bottle.

I look for $40 silver around that time. It will continue to go up for some time aferward.

Some people I talk to think I'm being conservative with that figure, others think I'm crazy.

Take your pick.

BlindedByEgo

Who knows?

But unless a mountain made of silver is discovered, it still maintains relative scarcity - and demand continues to outstrip supply.

The silver ETF can't hurt the price... $12 to $15/ oz ins't unreasonable short term (<1 yr)

Heywood

It's about this time that someone needs to mention that the former largest user of silver


( Come on you trivia pursuit fans..)

...The Film and Film processing industry, is going the way of the buggy whip ( At least as far as the use of silver is concerned)

While Supply may have reached a peak- industrial demand has shrunk.

Silver is being driven up by speculation and the potential for new comodity trading.

( I sold at 9 and don't have much left , and don't plan to buy more until the next dip)

Geoman

I see $12/ounce by June 1, and hitting $17/ounce by the end of 2006. But not going over $20/ounce for a long time. And feel it will bounce between $13 - $17 for the next 18 months. I am still buying at the dips.

1jester

<< <i>I've been saying since late 2001 that the third quarter of '07 was when the cork blows off the bottle.

I look for $40 silver around that time. It will continue to go up for some time aferward.

Some people I talk to think I'm being conservative with that figure, others think I'm crazy.

Take your pick. >>



If you can't beat a Dead Horse, then you might as well join him!

BlindedByEgo

<< <i>It's about this time that someone needs to mention that the former largest user of silver


( Come on you trivia pursuit fans..)

...The Film and Film processing industry, is going the way of the buggy whip ( At least as far as the use of silver is concerned)

While Supply may have reached a peak- industrial demand has shrunk.

Silver is being driven up by speculation and the potential for new comodity trading.

( I sold at 9 and don't have much left , and don't plan to buy more until the next dip) >>




Actually, it's already done, and discounted by the market. If you look at above ground stores along with consumption, there is still a marked shortfall in supply.

Adjusted for inflation, silver is extraordinarily cheap at even $10.00 per ounce.

fishcooker

I like to go to the bank an ask if they have silver!

Ooopps, that was supposed to be a secret.....

BigBen

Heywood, you are correct about the western film industry phasing out, but don't forget that emerging third world nations and China still use alot of the older stuff and are taking up some of the slack. Also, silver is used extensively in military and civilian technology and this demand grows larger. Combine this with silver still being relatively cheap and the uncertainty of world economic conditions and you have a recipe for higher silver prices. I've been hearing folks on here since last year say silver will hit $9.50 then crash, etc etc. If you read ALL the news regarding silver and look at the big picture you'll see what I mean. $10 is psychological milestone for silver that will only fuel further interest in the collecting of silver, driving prices even higher.

Cheers,

BigBen

OffMetal

I believe silver won't even hit $12.00 THIS year. I see it going back down to $7.50-$8.00 in the middle of the year.
But what do I know? I'm just a newbie who sold at $8.60

Kip

<< <i>I've been saying since late 2001 that the third quarter of '07 was when the cork blows off the bottle.

I look for $40 silver around that time. It will continue to go up for some time aferward.

Some people I talk to think I'm being conservative with that figure, others think I'm crazy.

Take your pick. >>



I talked to God this morning and you ARE right

SamByrd

Another guess is that $12.00 will be the cap and silver will stay under 10.00 most of the next year and not pass 10.00 again for a long time. Thought is diverse on this and I think this thread is very intresting to read.
I told myself when I was buying silver a while back that I would sell at 10.00 but I am not so sure now.