| Author |
 Replies: 48 / Views: 7,153 |
|
|
|
|
Pillar of the Community
United States
593 Posts |
$40 is inevitable. It's been there twice before in my lifetime. It will get there again. BUT, will it dip below $25 first? I think the smart bet is on option two!
|
|
Pillar of the Community
United States
2168 Posts |
Thanks Basebal21. I just thought it was odd that he hasn't been on the boards lately. If you talk again, give him my best!
|
|
Pillar of the Community
United States
3789 Posts |
For sure, lower prices than 25 will come first. What the eyeballs should be on is what happens when it hits the yearly low... should it break that, chances are very high prices slide even lower.
|
|
Pillar of the Community
United States
593 Posts |
Wow! That was quick! Silver just DOVE through $25 to $24.35 before rebounding to $24.61. The next question is how long until $40 again? 30 years like last time?
|
|
Bedrock of the Community
13014 Posts |
Lol that certainly did answer that question rather quick. If it is 30 years just think of how ready everyone will be to cash in the next time
|
|
Valued Member
 United States
344 Posts |
Down another $2.15 to $23.70 as I type this...Ouch!
|
|
Pillar of the Community
United States
543 Posts |
Will this dramatic decline in silver affect some of the U.S Mint products such as the Silver Proof Set due out in a matter of weeks?
|
|
Pillar of the Community
United States
613 Posts |
$23.59. Well, I guess we know which was the winner!
|
|
Bedrock of the Community
13014 Posts |
[quoteWill this dramatic decline in silver affect some of the U.S Mint products such as the Silver Proof Set due out in a matter of weeks?][/quote]
Yes it should actually.
|
|
Pillar of the Community
United States
593 Posts |
Silver seemed to go horizontal at $24, so the next question is:
"Which will silver hit first: $20 or $30?"
|
|
Valued Member
United States
280 Posts |
I wish I knew. Make an effort to buy as much silver as I can while I have the opportunity and hope it increases, or wait and hope it goes lower (or at least stays the same)? Hard choice....
|
|
Bedrock of the Community
13014 Posts |
Theres really no good answer to your question jl without a crystal ball. The best you can do is go off what you know and what we know is the price has been working down for a long time now.
A compromise between the two would just be dont buy anymore than you would be comfortable holding if silver returns to its 06 price.
|
|
Pillar of the Community
United States
1026 Posts |
Well I have way to much silver already but if it drops below $19.50 I will buy allot more not hat I need it so hope it does not get to my price like I said I have way to much now.
|
|
Valued Member
United States
411 Posts |
I do think that silver will flux between 23 and 29 for the most of this year.
|
|
Pillar of the Community
United States
593 Posts |
We shall see. I smell a downward trend. My original prediction was $25 by year end. Now I'll say $21 by year end. I don't see how it will drop much further than that until the global economic picture improves dramatically. Then I see a settling at $12 to $15 for a decade or so. Same with gold, settling at around $750, so both metals are about twice what they will be in a few years. Just my humble opinion.
|
|
|
Replies: 48 / Views: 7,153 |
|
First Page
Previous Page
Posted 03/31/2013 11:29 pm
