I voted Yes, and I believe so. 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'm 45; if the price of silver in dollars ever intersects my age in years, I'm selling every ounce of my silver bullion (but will retain everything numismatic and enjoy watching it turning into bullion )
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!
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