It's 2013 whuddah ya think, will Silver break.....

OldEastside

The 50 dollar mark/oz???


Steve

derryb

I'm taking the fifth.

. . . On second thought, yes.

OPA

That same question has come up for 2 years in a row, and the answer is still NO, unless your derryb or anyone else who predicted $75 -$100 silver for 2012.
A more realistic scenario would be $40

carew4me

Same thing I said last year.."To da Moon baby!"

ksammut

Yes.

PerryHall

It wouldn't surprise me to see $50 silver. With our exploding national debt, I see high inflation to pay for it in our future.

gsa1fan

$33 is my WAG

chumley

I,m thinking $38ish as a base by year end

ricko

I see the mid forties this year..... at some point, and then a retreat to the high thirties. Cheers, RickO

tneig

I worry when I see articles like this one (off the conflation page). Deflation means PMs go low? But do they maintain their goods purchasing power?

Linky

"Gold may be rallying on the fiscal cliff deal, but the rally will be short lived as precious metals will fall to new lows, according to David Hunter, chief market strategist at KCCI, a brokerage firm in New York City.
I believe we will see a global deflationary downturn in 2013 that will cause gold to plunge to $1,000 to $1,100 and silver to the low teens. Any near-term strength in the metals should be viewed as a selling opportunity," he wrote in an email."

Oh, added via edit.
I do think silver will break out even if gold goes low. More people are stacking it. No sure within a year. Hope they keep stacking.

derryb

<< <i>I worry when I see articles like this one (off the conflation page). Deflation means PMs go low? But do they maintain their goods purchasing power?

Linky >>


dollar devaluation trumps deflation. dollar destruction has driven PMs and will continue to do so for quite some time. While PMs suffer any time the crowd runs to cash, it seems to suffer the least and recover the fastest. The crowd will eventually ask themselves "is the shrinking dollar really the place to be?" I suspect many will eventually turn to "real money."

That said, I expect PMs to continue their lull until it is realized the FED will have to pick up slack buying US bonds (more QE?) that Japan apparently will be shying away from as they start piling new money into their own bonds (Thank you Abe). The delay in solving the debt ceiling will creep up soon and also boost PMs. Until then look at further dips as stacking opportunities.

Baley

I expect silver to continue to fluctuate between 28 and 38 and finish the year at 32

Pokermandude

I think we'll bounce from 28 to 46, ending the year at 37

DennisH

Before it gets to wherever it gets, will it visit $25 first?

Manorcourtman

2013 will be a bad year to invest in PM's. $20-25 silver and $1400-1500 gold. Equities is where the world puts its $$ in 2013 with Oil drifting lower also. Where do I send my bill to?

razzle

Since this same question sends us all back to our opaque crystal balls and manipulation theories, a more useful question might be, what has the potential to outperform silver in the next couple of years?
The potential for silver to appreciate is as close to a sure thing as I have seen in any investment vehicle since real estate in the late 80's, early 90's. Just do it, baby!

piecesofme

Been sayin' for awhile now. One thing at a time, worry about $35 before creamin' over $50.

jmski52

My company has already implemented a total of 14% in two separate types of price increases for 2013. Food for thought.