Your opinion of the price of Silver.....
DoubleEagle59
Posts: 8,307 ✭✭✭✭✭
I'm curious about everyone's opinion regarding the price of silver.
My question is.....
Do you think the price of silver will hit $60 per ounce sometime between now and by Dec. 2013?
Simple yes or no will suffice.
Thanks!
(personally, I do.)
My question is.....
Do you think the price of silver will hit $60 per ounce sometime between now and by Dec. 2013?
Simple yes or no will suffice.
Thanks!
(personally, I do.)
"Gold is money, and nothing else" (JP Morgan, 1912)
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
0
Comments
Got quoins?
(But it could, and it might).
I knew it would happen.
But to answer your question (kind of)...upper $teens by end of this year. I can't tell beyond that without knowing for sure who will be our next President.
<< <i>I'm curious about everyone's opinion regarding the price of silver.
My question is.....
Do you think the price of silver will hit $60 per ounce sometime between now and by Dec. 2013?
Simple yes or no will suffice.
Thanks!
(personally, I do.) >>
Depends on who wins the next election.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
MY GOLD TYPE SET https://pcgs.com/setregistry/type-sets/complete-type-sets/gold-type-set-12-piece-circulation-strikes-1839-1933/publishedset/321940
only cog in the wheel is the effort to make the economy appear stable until Nov. 2.
Based on the number of no's" so far, outside attempts to change investor sentiment appear to be succeeding.
"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
Experience the World through Numismatics...it's more than you can imagine.
No to $60 silver for the next couple of years for two reasons:
One, the chart, and two, I'll bet there are a lot of ounces for sale in the $40's, I know I have some, you all probably do to
Liberty: Parent of Science & Industry
type2,CCHunter.
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......
<< <i>i don't care but it's interesting to see all the no votes on a pm forum. That's good news for the shiny metal bulls. Personally I could make a case for $16 or $60. It's a highly speculative beast. MJ >>
could you make a case for $24.99?
<< <i>
<< <i>i don't care but it's interesting to see all the no votes on a pm forum. That's good news for the shiny metal bulls. Personally I could make a case for $16 or $60. It's a highly speculative beast. MJ >>
could you make a case for $24.99? >>
I could make a case for a case of beer
As far as silver doubling from here it is probably unlikely given the odds. MJ
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......
GrandAm
But that's my point, we've been there...and alot more (almost $50), it's peaked. Tell me why it has a reason to run back to $50.
Without another Quantitative Easing there is absolutely no chance of $40 let alone $60, plus who'll be President will play a major part imo. The OP is asking for opinions and that is all just my honest humble opinon.
I'd say no to $60 this year, I'd bet metals will be beat down pre-election. Mirror of 2008 swing, dunno but it's possible. Lower it goes the more I get to grab so long as my consulting gig stays on.
But , I am still not on the hit 50 again camp. Too many people saw it rise and fall hard, not once, but three times over the past 18 months. Who do you think is going to be buying at 45-50 if it were to happen to run again, I can tell you very few, and the reason is" They will be afraid of a repeat hard fall and loss of $" It can go up , but it will get to a point that buyers back off , then when no new buying, boom!
I see a Large temporary peak or two close to that kind of high, but with a more modest average, above $35. Assumed a lot of hype when I got into this recently, but the underlying reason for getting in and long term silver and other PMs seem sound to me. These are good buyer times. Expect another debt ceiling raise and more QE by then (doesn't everybody?), if not more. I don't think it matters who is in office, as the standard MO is likely to continue, until it can't. Both scenarios are good for PMs.
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
<< <i>I'm curious about everyone's opinion regarding the price of silver.
My question is.....
Do you think the price of silver will hit $60 per ounce sometime between now and by Dec. 2013?
Simple yes or no will suffice.
Thanks!
(personally, I do.) >>
No.
The name is LEE!
<< <i>Markets are falling worldwide and gold and silver hasn't moved? I don't get it! >>
In times of trouble cash is king. If gold and silver "hold" while everything else if falling (they usually don't) you will have a good indicator of their future.
"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
<< <i>Markets are falling worldwide and gold and silver hasn't moved? I don't get it! >>
Nobody really gets it.
That is the take home point on anyone's "predictions".
As usual, just my humble 2 cents.
Best.
IMO an opportunity to add.
I am.
https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
"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
<< <i>No, not without going through $20 first. >>
Bring it! (lol)
I'll be buying. Hope Gold falls on its face. I'll be buying. My wife just lost her job. I'll be buying.
(she doesn't have to eat every day since she'll be off)
I see apmex website is chocking on the spot changes and hung up a bit. I was busy during the dip below $30 awhile ago. I hope it causes panic selling at my pawn shop too. I'll be buying.
(Just got my 2, 10ozs in the mail, with the other 40..oz.. on the way.)
<< <i>$45.00 by December 22, 2012 and past $60 to $75+ during first quarter 2013. By December 2013 it could be back below $60 again. >>
Day dreaming again? Time to wake up
Keep in mind, this price was obtained by asking my granddaughter (she's four and can count to 100) to pick a number.
Dec 2013 was the end date in my opening question, not this year.
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
I knew it would happen.
up down sideways?all possibilities.My vision now is to get as many ozs as I can under $30 and have a suit of armor made for myself in .999 fine silver.Hows that for an aspiration?