$50 Silver Prediction Thread

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renman95
renman95 Posts: 7,037 ✭✭✭✭✭
in Precious Metals
May 19, 2012

...making the 2010 bullion pucks look reasonable.


image
r95

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  • derryb
    derryb Posts: 38,604 ✭✭✭✭✭
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    Made a killing with AGQ today, over $25K! Another day like today and I'll be able to afford a set of hockey pucks.

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

  • Justacommeman
    Justacommeman Posts: 22,852 ✭✭✭✭✭
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    Let's get to $31 first. Silver is a fickle beast. Let's sneak up on $50....................shhhhhhhh. MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • derryb
    derryb Posts: 38,604 ✭✭✭✭✭
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    I believe we'll see PMs really take off soon if the tax rate extension doesn't get passed. I predict a lot of equities sellers before the first of the year in order to lock in profits at a lower rate. Suspect many of them will return to the market looking for PMs.

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

  • RedHerring
    RedHerring Posts: 2,077 ✭
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    $50 Ag? Gotta believe that's a ways off. My hat's in the ring for February 14, 2013. A Valetine's Day present! image
  • goingbroke
    goingbroke Posts: 1,410
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    Anyone who holds SLV or any of the other paper silver products, will be in for a rude awakening. The massive, Mother-of-All silver short squeezes is occuring. Currently there is a silver bullion shortage. There simply is not enough silver to go around! Even with all production capacity digging it out, there is still not enough physical to satisfy global demand. From not only an industrial use, but the monetary use also. The four biggest bullion banks are short silver, to the tune of approximately 160 days of total global silver production! Now. Is that a big enough short squeeze play?
    Watch for the fireworks to begin soon! Be safe. Own the physical.
    Many successful BST transactions ajia
    (x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
    mariner67, and Mikes coins
  • OPA
    OPA Posts: 17,166 ✭✭✭✭✭
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    about the same time when the price of gasoline hits $5.50 a gallon. Lets see who gets there first.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • mhammerman
    mhammerman Posts: 3,769 ✭✭✭
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    "...the price of gasoline hits $5.50 a gallon."

    Maybe not $5.50 for a while but $3.50-$4 looks very doable for Spring Break.
  • renman95
    renman95 Posts: 7,037 ✭✭✭✭✭
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    It's time to put a solar (panel) skin on my Porsche. Hey, now there's an idea (tm). image
  • jmski52
    jmski52 Posts: 24,011 ✭✭✭✭✭
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    The massive, Mother-of-All silver short squeezes

    Hey! That has kind of a catchy ring to it!image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • Mesquite
    Mesquite Posts: 4,075 ✭✭✭
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    Silver wins. Here.

    It amazes me that these market analysist are so dumb (or are playing so dumb) to call $30 a new market high. H3ll, in 1980 dollars, silver has to reach beyond $100 to $150 per oz to reach a new market high. I expect that we will see a true "new" market high in the next few years. JMHO.
    There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.
    –John Adams, 1826
  • renman95
    renman95 Posts: 7,037 ✭✭✭✭✭
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    << <i>Silver wins. Here.

    It amazes me that these market analysist are so dumb (or are playing so dumb) to call $30 a new market high. H3ll, in 1980 dollars, silver has to reach beyond $100 to $150 per oz to reach a new market high. I expect that we will see a true "new" market high in the next few years. JMHO. >>



    The same is somewhat true w/gold. We need to see around $2,400 on gold as an adjusted for inflation price to reach a new all time high.
  • roadrunner
    roadrunner Posts: 28,374 ✭✭✭✭✭
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    A thread titled $50 silver should have been an alarm bell that a correction was right around the corner. Just saying.

    My original thought after silver completed that mini-cup was $31. Got within about 20 cents of that...but then kaputski. Well it finally did fill Sunday night's opening gap at $29.40. image

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • percyb
    percyb Posts: 3,339 ✭✭✭✭
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    << <i>A thread titled $50 silver should have been an alarm bell that a correction was right around the corner. Just saying.

    roadrunner >>



    First thing I thought about and now we're having the correction....
    "Poets are the unacknowledged legislators of the world." PBShelley
  • tydye
    tydye Posts: 3,894 ✭✭✭
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    probably shortly after I sell
  • cladking
    cladking Posts: 30,312 ✭✭✭✭✭
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    I'm expecting a correction at $35.

    $28.50 will probably hold at that time. $24 certainly will.
    tempus fugit extra philosophiam.
  • renman95
    renman95 Posts: 7,037 ✭✭✭✭✭
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    << <i>

    << <i>A thread titled $50 silver should have been an alarm bell that a correction was right around the corner. Just saying.

    roadrunner >>



    First thing I thought about and now we're having the correction.... >>



    I'm just here to help my astute Comrades.
    image
  • Bear
    Bear Posts: 18,953 ✭✭✭
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    How appropriate, PMs bombed on December 7.
    There once was a place called
    Camelotimage
  • Justacommeman
    Justacommeman Posts: 22,852 ✭✭✭✭✭
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    RR,

    Consider that gap filledimage

    MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • OPA
    OPA Posts: 17,166 ✭✭✭✭✭
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    6 month old thread....ok what are your predictions?
    Mine....not this year.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • Coulport
    Coulport Posts: 1,087 ✭✭✭
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    Silver hits $30 before it hits $50.
    The most money I made are on coins I haven't sold.

    Got quoins?
  • Spooly
    Spooly Posts: 2,108 ✭✭✭
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    $30 would be nice...... I will double down!
    Si vis pacem, para bellum

    In God We Trust.... all others pay in Gold and Silver!
  • OPA
    OPA Posts: 17,166 ✭✭✭✭✭
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    How soon we forget...

    What sayeth ye prognosticators now?
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • pf70collector
    pf70collector Posts: 6,862 ✭✭✭
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    $50 by mid 2012. That's my prediction. Nothing to back it up. But my guess is here for prosperity.
    Montana State Quarter Die Clash

    Box of 20
  • scotty1419
    scotty1419 Posts: 1,171 ✭✭✭✭
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    Well...did Spooly double down? lol
  • Timbuk3
    Timbuk3 Posts: 11,658 ✭✭✭✭✭
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    1/17/13
    Silver at $50.00 an ounce !!!
    Timbuk3
  • Baley
    Baley Posts: 22,663 ✭✭✭✭✭
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    The charts I'm looking at have silver first passing $50 in 2018-2022 and the 200day moving average crossing $50 (implying it could maintain those levels) 2024-2028.

    We're expecting silver to bounce around between 20 and 40 for at least 5 more years.

    Liberty: Parent of Science & Industry

  • Kip
    Kip Posts: 852
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    << <i>Silver hits $30 before it hits $50. >>



    silver will fall to $18 and gold to $950
    UCSB Electrical Engineering....... USCG and NASA
  • OPA
    OPA Posts: 17,166 ✭✭✭✭✭
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    << <i>The charts I'm looking at have silver first passing $50 in 2018-2022 and the 200day moving average crossing $50 (implying it could maintain those levels) 2024-2028.

    We're expecting silver to bounce around between 20 and 40 for at least 5 more years. >>



    image

    I guess I better jump back into the stock market...imageimage
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • epcjimi1
    epcjimi1 Posts: 3,489 ✭✭✭
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    The last three days and Fri close look like an automatron waiting for an input to react to. Pretty much the same pattern give or take, the past three days.

    Plus I think the IMG function pretty cool, just discovered it, so I thought I'd post my brilliant analysis of the last 72 hr performance of the silver market.

    image
  • Baley
    Baley Posts: 22,663 ✭✭✭✭✭
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    $50 silver would be quite a gain from today's prices.. anybody updating their predictions?

    Liberty: Parent of Science & Industry

  • Coins101
    Coins101 Posts: 2,603 ✭✭✭
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    I replied to you on the other thread. Boy, I am glad I saved all that 90% silver when I was a kid. It is what is keeping afloat! And to think my friends laughed at be for cherry picking out of the till!!!!
  • OPA
    OPA Posts: 17,166 ✭✭✭✭✭
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    << <i>$50 silver would be quite a gain from today's prices.. anybody updating their predictions? >>



    Perhaps within the next 5 years, but I wouldn't mortgage the house on that prediction.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • Banemorth
    Banemorth Posts: 986 ✭✭✭
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    << <i>

    << <i>Silver hits $30 before it hits $50. >>



    silver will fall to $18 and gold to $950 >>



    This guy might just be a prophet.
    Justin From Jersey

    Successful Transactions With: JoeLewis, Mkman123, Harry779, Grote15, gdavis70, Kryptonitecomics
  • bretts911
    bretts911 Posts: 764 ✭✭✭
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    wonder what silver is gonna do in the next few weeks?
    IMO we will see $30 in the upcoming months but then again this is just off pure speculation image
  • jdimmick
    jdimmick Posts: 9,992 ✭✭✭✭✭
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    trade sideways for a few weeks, then if everything gets resolved, and data comes in better thru dec, then start to trend down again.
  • bronco2078
    bronco2078 Posts: 10,438 ✭✭✭✭✭
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    << <i>trade sideways for a few weeks, then if everything gets resolved, and data comes in better thru dec, then start to trend down again. >>





    Congress just decided to back pay the furloughed workers for the shutdown days they miss. image

    Furlough people to save money then backpay them for the days they missed.

    These are the people that we are looking to to resolve financial troubles?


    There won't be any better data because nothing has improved in 5 years and it isn't going to.








  • renman95
    renman95 Posts: 7,037 ✭✭✭✭✭
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    Looking back through this thread there was no mention of getting very close to $50 around May of 2011. The OP was Dec. 2010 and silver was around $30. Looks like the gap back to the Summer of 2010 has been filled. I don't think we'll have to wait until 2018-2022 to reach $50. image
  • Baley
    Baley Posts: 22,663 ✭✭✭✭✭
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    << <i>

    << <i>The charts I'm looking at have silver first passing $50 in 2018-2022 and the 200day moving average crossing $50 (implying it could maintain those levels) 2024-2028.

    We're expecting silver to bounce around between 20 and 40 for at least 5 more years. >>



    image

    I guess I better jump back into the stock market... >>



    Ayup!

    Liberty: Parent of Science & Industry

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