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Future of gold and silver prices

how high can the gold and silver move upward?. what is your prediction?. do the scrap silver of older coins really melt it down?. i don't think so. maybe very little. if so. during 1980's boom. all scrap silver coins should have been melted down. i still see a lot around.

Comments

  • MadMonkMadMonk Posts: 3,743
    A lot were melted, and alot were bought and hoarded. You have to sell a lot of silver to a refiner, and they don't pay as well as a consumer.
    Today's mighty oak is just yesterday's nut that held its ground.
  • 1. I dont know. How much credit can the enonomy extend without collateral before it collapses on itself.

    2. Gold, $600. Late spring.

    Pecunia in arbotis non crescit.
  • michaelmichael Posts: 9,524 ✭✭
    gold looks good

    silver looks even better from a percentage wise gain basis for the future
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Exceeding their previous highs should be very achievalbe. ($850/$50).

    Reaching inflation adjusted levels from 1981-1982 should not be far fetched either ($2000/$80).

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold

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