Silver price to hit $20 in 8 weeks, says expert who correctly called $1,500 gold

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MsMorrisine
MsMorrisine Posts: 40,041 ✭✭✭✭✭
in Precious Metals

https://www.kitco.com/news/2019-09-20/Silver-price-to-hit-20-in-8-weeks-says-expert-who-correctly-called-1-500-gold.html

(Kitco News) - E.B. Tucker, director of Metalla Royalty & Streaming, doubled down on his bet earlier this year that gold would eventually rise to $1,500, an now he’s betting that silver will hit $20 in the next two months.

“Right now, we want to trade silver up to $20. We think gold is going to stabilize at $1,500 and we see silver moving to $20, so that’s a 12% move we think we can capture in the next probably eight weeks. We see that as pretty much a certainty, and we’re willing to bet on that,” Tucker told Kitco News on the sidelines of the Denver Gold Forum.

Current maintainer of Stone's Master List of Favorite Websites // My BST transactions

Comments

  • derryb
    derryb Posts: 38,605 ✭✭✭✭✭
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    just another brick in the wall.

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    Could happen, probably not.....But very few of my predictions have been correct :'( Cheers, RickO

  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,216 ✭✭✭✭✭
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    The GSR will never be in balance. We ought to use oil and bitcoin, or ??? 89-1, 75 to 1, $50 to $1.
    The Eagle is flipping and flopping.
    And we know the building trade needs iron. Will it ever be ironed out ? Just swim in it , for fun.

    Where they go is anyone's guess.

  • percyb
    percyb Posts: 3,339 ✭✭✭✭
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    Wishful thinking.

    "Poets are the unacknowledged legislators of the world." PBShelley
  • jmski52
    jmski52 Posts: 24,011 ✭✭✭✭✭
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    I watch Daniella's interviews and think she does a great job in her questions & guest selection.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • Edthelorax
    Edthelorax Posts: 229 ✭✭✭
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    I predict silver will hit $26 within 6 months.

    http://www.silverstocker.com
    Anyone can PM me Any Time about Any thing.

  • hchcoin
    hchcoin Posts: 4,843 ✭✭✭✭✭
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    @Edthelorax said:
    I predict silver will hit $26 within 6 months.

    That would make me happy

  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,216 ✭✭✭✭✭
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    Buy more or sell more .... or hoard more ? Retirement is near.

  • ShadyDave
    ShadyDave Posts: 2,218 ✭✭✭✭✭
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    Well silver is up over 3.5% today...

    Until there is a trade deal between US and China, I’m bullish on gold & silver. I don’t see a deal between the two countries happening until after the 2020 election.

  • OPA
    OPA Posts: 17,166 ✭✭✭✭✭
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    Shades of 2011....silver up 4.5% ...haven't seen that in a long, long time.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • AcesCracked
    AcesCracked Posts: 189 ✭✭
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    We will probably wake up in the morning to 19.00 Silver. Hope it will hold 19.00 for a few days and stabilize.
    Keep stacking
    Tom

  • OPA
    OPA Posts: 17,166 ✭✭✭✭✭
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    So much for wishful thinking. Another hype down the toilet.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • bidask
    bidask Posts: 14,057 ✭✭✭✭✭
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    Patience grasshopper

    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • OPA
    OPA Posts: 17,166 ✭✭✭✭✭
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    @bidask said:
    Patience grasshopper

    Patience? I've heard that song for 8 years. Time to face reality, $20 silver this year is a pipe dream.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • OPA
    OPA Posts: 17,166 ✭✭✭✭✭
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    Looks like Gold is making a run again ... $1500 just around the corner. Silvers chance of $20 by 12/31 is a long sot.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • RedneckHB
    RedneckHB Posts: 20,236 ✭✭✭✭✭
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    @OPA said:
    Looks like Gold is making a run again ... $1500 just around the corner. Silvers chance of $20 by 12/31 is a long sot.

    Maybe he meant the next 8 weeks.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • OPA
    OPA Posts: 17,166 ✭✭✭✭✭
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    @cohodk said:

    @OPA said:
    Looks like Gold is making a run again ... $1500 just around the corner. Silvers chance of $20 by 12/31 is a long sot.

    Maybe he meant the next 8 weeks.

    Yeah...but he said that in September....His 8 weeks have long elapsed.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • RedneckHB
    RedneckHB Posts: 20,236 ✭✭✭✭✭
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    @OPA said:

    @cohodk said:

    @OPA said:
    Looks like Gold is making a run again ... $1500 just around the corner. Silvers chance of $20 by 12/31 is a long sot.

    Maybe he meant the next 8 weeks.

    Yeah...but he said that in September....His 8 weeks have long elapsed.

    Maybe he meant the 8 weeks after the 8 weeks after the 8 weeks, ect. This way he could say, "See, i told you".

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • Wingsrule
    Wingsrule Posts: 3,312 ✭✭✭✭
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    “This week was next week last week...”

    D. Duck

  • ilmcoins
    ilmcoins Posts: 525 ✭✭✭✭
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    @hchcoin said:

    @Edthelorax said:
    I predict silver will hit $26 within 6 months.

    That would make me happy

    Still some time to go!

  • OPA
    OPA Posts: 17,166 ✭✭✭✭✭
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    Didn't even make it back up to $18

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,216 ✭✭✭✭✭
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    Expert fortune tellers and clairvoyants are not that accurate. Then again, neither is the weatherman or CDC.

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