new silver target $28 an ounce

rawteam1

@cohodk said:
Silver hit a peak of $21.44 about 10 days after the OP and then dropped to $8.40 about 7 months later. Ahhh...the good old days.

Oh yeah and the 3 months during and after was the opportunity of a lifetime for some... great times...

OPA

@Coinstartled said:

@asin said:
I remember $50.00 an OZ. and $7.00 a OZ. WE WILL VISIT $50.00 BY 2012!!!!!!!!!!!!!

Good call. Hit $49.50 in 2010.

Actually it was in April 2011 and I remember it well.

dpoole

Nothing like having lived through it once. Gives you a perspective....

Coinstartled

@OPA said:

@Coinstartled said:

@asin said:
I remember $50.00 an OZ. and $7.00 a OZ. WE WILL VISIT $50.00 BY 2012!!!!!!!!!!!!!

Good call. Hit $49.50 in 2010.

Actually it was in April 2011 and I remember it well.

Thanks for the clarification OPA. The chart was crowded.

MsMorrisine

to get to$28 it has to pass through $22

ricko

It is fun to watch though....not sure when this cycle will peak...but looks to have some staying power. I think if the trade negotiations conclude successfully, PM's will drop...(my predictions are not very good, as I have said before). Cheers, RickO

Edthelorax

The Cubs did win a World Series.

MsMorrisine

you bring up the cubs because it was 108 years between wins?

cohodk will be proud

Edthelorax

I brought up the Cubs winning a series because it was mentioned 5 times in this thread, which were all before they won.
Most of that was pure bashing, the same as people were bashing others for sharing their viewpoint of what the future of silver could be.
I thought it funny because the same thing is going on today.

LukeMarshall

Ahh the future... if it involves silver it will probably be
Bright or dull with a possibility of rainbows.
Literally

MattTheRiley

@LukeMarshall said:
Ahh the future... if it involves silver it will probably be
Bright or dull with a possibility of rainbows.
Literally

I'm stealing this

metalmeister

Silver also tied to Copper production to make things more complicated.

Baley

My sell target for silver has been $28 per oz. Since 1978.

I've sold some for that price for a couple of weeks exactly twice, 1st in 1979, and again in 2011.

Looking forward to a third and final time in 2043.

OPA

.

jmski52

My sell target for silver has been $28 per oz. Since 1978.
I've sold some for that price for a couple of weeks exactly twice, 1st in 1979, and again in 2011.
Looking forward to a third and final time in 2043.

gov.com won't make it to 2043 without a serious monetary event

Baley

LoL, that's what they said in 1979!

topstuf

We are now working on the assumption that all of wave iii is complete at the 1565.00 high, and that over the last week or so we have been falling in wave iv.

derryb

I'm working on the assumption that the FED will make sure I was wise to buy the dips. LOL

OPA

I'm working on the assumption that the FED will make sure I was wise to sell on the recent run-up or any future run-ups.

MsMorrisine

I'm still working the trade war angle.

chinese are ready to make a deal.

it's so ready that:
Trump administration considers ban on Chinese (stock market) listings in US
Measure is one option as advisers debate expanding trade war into capital markets

https://www.ft.com/content/a263d2c6-e13e-11e9-9743-db5a370481bc
(although its legality and regulatory compliance is questioned)

derryb

trade war is a smoke screen to distract from seriousness of unfixed internal issues.
It is the new driver for the equity markets, which every four years become a political measuring stick.

OPA

@MsMorrisine said:
I'm still working the trade war angle.

chinese are ready to make a deal.

it's so ready that:
Trump administration considers ban on Chinese (stock market) listings in US
Measure is one option as advisers debate expanding trade war into capital markets

https://www.ft.com/content/a263d2c6-e13e-11e9-9743-db5a370481bc
(although its legality and regulatory compliance is questioned)

Judging by the substantial drop in gold & silver, they must be close to some kind of agreement.

ccmorgan

Somebody sure dug deep to find this thread from 2008.....

MsMorrisine

are we air sick yet?