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Would you be happy with 35.00 silver a year from now?

BigEBigE Posts: 6,949 ✭✭✭
in Precious Metals
Say you put up 3000.00 today for 100 ounces and ended up with 3500.00 a year from now?


Thats an average gain of 40 cents a month per ounce, would you consider this boring ------- are you expecting more?


What do you think?------BigE
I'm glad I am a Tree

Comments

  • derrybderryb Posts: 36,993 ✭✭✭✭✭
    Only if it shot up to 45 for a while.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • JustacommemanJustacommeman Posts: 22,849 ✭✭✭✭✭
    A near 15% return? Heck yes...............MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • percybpercyb Posts: 3,328 ✭✭✭✭
    I'd be happy with 35 a year from now.
    "Poets are the unacknowledged legislators of the world." PBShelley
  • MesquiteMesquite Posts: 4,075 ✭✭✭
    $35 is good. Although there are many tin hat wearing gold-and silver-bugs out there that think $35 is no longer a realistic target.
    There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.
    –John Adams, 1826
  • DuCrozatDuCrozat Posts: 358
    As of this morning, it's up over 70% since last year. Given the economic conditions to get it this far, anything can happen. IF this news hits the mainstream investor, there is great upside potential here.
  • jmski52jmski52 Posts: 22,939 ✭✭✭✭✭
    Say you put up 3000.00 today for 100 ounces and ended up with 3500.00 a year from now?


    Thats an average gain of 40 cents a month per ounce, would you consider this boring ------- are you expecting more?


    What do you think?------BigE


    If the dollar loses 1/6th of its purchasing power this year, and I do think that is a significant possibility - then I'd be perfectly satisfied with silver at $35.00. I think things will get hairy this year. Buckle up.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • pf70collectorpf70collector Posts: 6,672 ✭✭✭
    $35 is good. Although there are many tin hat wearing gold-and silver-bugs out there that think $35 is no longer a realistic target.



    As far as JP Morgan being investigated is the CFTC just as incompetent as the SEC?
    Montana State Quarter Die Clash

    Box of 20
  • OverdateOverdate Posts: 7,036 ✭✭✭✭✭


    << <i>If the dollar loses 1/6th of its purchasing power this year, and I do think that is a significant possibility - then I'd be perfectly satisfied with silver at $35.00. I think things will get hairy this year. Buckle up. >>


    If the dollar loses 1/6th of its purchasing power over the next year, I would want silver to be at $40 or more to compensate for the risk of holding it for a year. (There's always a chance that the 2008 scenario could repeat.)

    My Adolph A. Weinman signature :)

  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    I would rather have silver trending down if it is in relation to the economy recovering and the dollar gaining strength.

    It would mean there would be responsible adults running the asylum.

    I can dream can't I?
  • MesquiteMesquite Posts: 4,075 ✭✭✭
    Yes, you can dream.
    There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.
    –John Adams, 1826
  • PinkFloydPinkFloyd Posts: 1,762 ✭
    I'd say that's a fairly good return that I could certainly be content with.
    Successful transactions with keepdachange, tizofthe, adriana, wondercoin
  • johnny9434johnny9434 Posts: 28,480 ✭✭✭✭✭
    id be even happier with $40/oz silver a year from now.
  • guitarwesguitarwes Posts: 9,266 ✭✭✭

    I would be happy if it drops to $20-$22 so I could buy some more then trend up to $35 next December.

    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
    Too many positive BST transactions with too many members to list.
  • percybpercyb Posts: 3,328 ✭✭✭✭


    << <i>$35 is good. Although there are many tin hat wearing gold-and silver-bugs out there that think $35 is no longer a realistic target.



    As far as JP Morgan being investigated is the CFTC just as incompetent as the SEC? >>



    Well JPMorgan aught to investigate the CFTC and then the SEC. Both are ghastly and wasteful government agencies. They reflect our tax dollars at work just as uselessly as say the Post Office, Federal National Mortgage, and other bancrupt institutions.
    "Poets are the unacknowledged legislators of the world." PBShelley
  • cohodkcohodk Posts: 19,232 ✭✭✭✭✭
    People getting used to (expecting) continuous big gains?image
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • gsa1fangsa1fan Posts: 5,566 ✭✭✭


    << <i>

    << <i>$35 is good. Although there are many tin hat wearing gold-and silver-bugs out there that think $35 is no longer a realistic target.



    As far as JP Morgan being investigated is the CFTC just as incompetent as the SEC? >>



    Well JPMorgan aught to investigate the CFTC and then the SEC. Both are ghastly and wasteful government agencies. They reflect our tax dollars at work just as uselessly as say the Post Office, Federal National Mortgage, and other bancrupt institutions. >>



    I totally agree but then I'm thinking talking heads bailed out TBTF = That leaves me little confidence in a "True" investigation with teethimage
    Avid collector of GSA's.
  • BochimanBochiman Posts: 25,420 ✭✭✭✭✭
    I'd prefer $8/oz by this time next year image

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • JustacommemanJustacommeman Posts: 22,849 ✭✭✭✭✭


    << <i>I'd prefer $8/oz by this time next year image >>



    If that were to happen you would probably be looking @ DOW 7,000 as well. It is what it is..............MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • canadanzcanadanz Posts: 618 ✭✭
    Yes. But I'd also be happy with $5 silver this time next year so I could buy a few thousand ounces before it heads back up image
  • BoomBoom Posts: 10,165 ✭
    I have seen credible insiders forecasting some rather intersting futures real soon.
    Boom's Retired Registry Set & Boom's Retired Variety Set
    image
  • cohodkcohodk Posts: 19,232 ✭✭✭✭✭


    << <i>

    << <i>I'd prefer $8/oz by this time next year image >>



    If that were to happen you would probably be looking @ DOW 7,000 as well. It is what it is..............MJ >>



    So whats wrong with a sale?image
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • JustacommemanJustacommeman Posts: 22,849 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>I'd prefer $8/oz by this time next year image >>



    If that were to happen you would probably be looking @ DOW 7,000 as well. It is what it is..............MJ >>



    So whats wrong with a sale?image >>



    That would actually be like a going out of business fire sale. I prefer a 20% off promo sale. MJimage
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • KonaheadKonahead Posts: 1,476 ✭✭✭
    Sign me up I will take 15% any day
    PEACE! This is the first day of the rest of your life.

    Fred, Las Vegas, NV
  • cohodkcohodk Posts: 19,232 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>I'd prefer $8/oz by this time next year image >>



    If that were to happen you would probably be looking @ DOW 7,000 as well. It is what it is..............MJ >>



    So whats wrong with a sale?image >>



    That would actually be like a going out of business fire sale. I prefer a 20% off promo sale. MJimage >>



    Ah, 20% is nothing. That "used" to happen all the time. Where are the good ole days like 2008? LOL

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • JustacommemanJustacommeman Posts: 22,849 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>

    << <i>I'd prefer $8/oz by this time next year image >>



    If that were to happen you would probably be looking @ DOW 7,000 as well. It is what it is..............MJ >>



    So whats wrong with a sale?image >>



    That would actually be like a going out of business fire sale. I prefer a 20% off promo sale. MJimage >>



    Ah, 20% is nothing. That "used" to happen all the time. Where are the good ole days like 2008? LOL >>



    No tanks! 2008 took 3 years off of my life even though it was a banner year for volatility traders like usimage. I slept like 4 hours the entire year.

    MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • HonoluluDudeHonoluluDude Posts: 2,167 ✭


    << <i>I'd prefer $8/oz by this time next year image >>



    $8 silver = 20% unemployment + soup kitchen lines

    Then again, paper silver might be $8, but you won't be able to secure the physical anywhere near that price.
  • OverdateOverdate Posts: 7,036 ✭✭✭✭✭
    We're already approaching 20% unemployment, by the time we reach it silver may be $40 or more.

    More likely, $8 silver = gold-backed revalued dollar and balanced budget.

    My Adolph A. Weinman signature :)

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