Silver Price Poll
jmski52
Posts: 22,820 ✭✭✭✭✭
Will silver's price (in dollars) surpass your age (in years) before you die?
Q: Are You Printing Money? Bernanke: Not Literally
I knew it would happen.
I knew it would happen.
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Comments
Especially in US dollars.
Anybody under the age of 55 who expects to live till 85 is a complete moron if they voted NO (sorry for the unpleasant choice of words).
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
I'm 58 and over the next 10 years (If I make it) I see $58 happening easy....
Yikes, Oh, Only thing is each year I have to add another $1 ($68), so that means It'll be right on the line every minute.
Doah! Thanks for the anxiety! rotfl
However, gold will hit $800.
(But option 4 is interesting, since I don't plan to die with a single ounce of silver or gold.
But now, thanks to this poll I'm planing my demise based on the price of Silver...
Fun poll, thanks.)
I voted No for 3 reasons: One, there is a LOT of physical silver (not to mention paper silver yes that's a double-winkie on that one) that will be for sale if/when the price exceeds $50, because that's the target of many silver owners (admit it: you all will sell some silver at $44, won't you??. Two, the cost of mining silver is under $10 per ounce, and even less on average when it's a nice byproduct of gold, copper, tin, lead, or other mineral mining, and at $50 silver, there will be incentive for more production/melting as well as conservation/recycling by silver consuming industries, which will increase supply and reduce demand. And three by voting No maybe I will jinx the world to prove me wrong by making the answer Yes and I will get to reap that windfall and retire early to a tropical setting. go silver go!
Liberty: Parent of Science & Industry
i was 46 when silver hit $48
next question is: (when) will it do that again?
I am 29
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
Knowledge is the enemy of fear