Home› Precious Metals
Options

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

MsMorrisineMsMorrisine Posts: 40,323 ✭✭✭✭✭

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

  • Options
    derrybderryb Posts: 38,700 ✭✭✭✭✭

    just another brick in the wall.

    Governments can print currency. Only the people can print faith in it — and they’re running low on ink.

  • Options
    rickoricko Posts: 98,721 ✭✭✭✭✭

    Could happen, probably not.....But very few of my predictions have been correct :'( Cheers, RickO

  • Options
    TwoSides2aCoinTwoSides2aCoin Posts: 45,332 ✭✭✭✭✭

    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.

    If the output exceeds the income, the upkeep will be the downfall.

  • Options
    percybpercyb Posts: 3,339 ✭✭✭✭

    Wishful thinking.

    "Poets are the unacknowledged legislators of the world." PBShelley
  • Options
    jmski52jmski52 Posts: 24,050 ✭✭✭✭✭

    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.
  • Options
    EdtheloraxEdthelorax Posts: 229 ✭✭✭

    I predict silver will hit $26 within 6 months.

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

  • Options
    hchcoinhchcoin Posts: 4,844 ✭✭✭✭✭

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

    That would make me happy

  • Options
    TwoSides2aCoinTwoSides2aCoin Posts: 45,332 ✭✭✭✭✭

    Buy more or sell more .... or hoard more ? Retirement is near.

    If the output exceeds the income, the upkeep will be the downfall.

  • Options
    ShadyDaveShadyDave Posts: 2,218 ✭✭✭✭✭

    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.

  • Options
    OPAOPA Posts: 17,176 ✭✭✭✭✭

    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."
  • Options

    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

  • Options
    OPAOPA Posts: 17,176 ✭✭✭✭✭

    So much for wishful thinking. Another hype down the toilet.

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

    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.




  • Options
    OPAOPA Posts: 17,176 ✭✭✭✭✭

    @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."
  • Options
    OPAOPA Posts: 17,176 ✭✭✭✭✭

    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."
  • Options
    RedneckHBRedneckHB Posts: 20,272 ✭✭✭✭✭

    @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

  • Options
    OPAOPA Posts: 17,176 ✭✭✭✭✭

    @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."
  • Options
    RedneckHBRedneckHB Posts: 20,272 ✭✭✭✭✭

    @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

  • Options
    WingsruleWingsrule Posts: 3,313 ✭✭✭✭

    “This week was next week last week...”

    D. Duck

  • Options
    ilmcoinsilmcoins Posts: 525 ✭✭✭✭

    @hchcoin said:

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

    That would make me happy

    Still some time to go!

  • Options
    OPAOPA Posts: 17,176 ✭✭✭✭✭

    Didn't even make it back up to $18

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • Options
    TwoSides2aCoinTwoSides2aCoin Posts: 45,332 ✭✭✭✭✭

    Expert fortune tellers and clairvoyants are not that accurate. Then again, neither is the weatherman or CDC.

    If the output exceeds the income, the upkeep will be the downfall.

Sign In or Register to comment.