Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Vancouvers #1 Coin and Paper Money Dealer Join Thousands of Coin, Bullion, & Money Collectors Specializing in Modern Numismatics Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. 300,000 items to help build your collection! Coin, Banknote and Medal Collectors's Online Mall Royal Estate Auctions - $1 Coin Auctions








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Silver Dips Below $30

To participate in the forum you must log in or register.
Author Previous TopicReplies: 743 / Views: 52,060Next Topic
Page: of 50
Pillar of the Community
United States
511 Posts
 Posted 05/31/2012  6:50 pm  Show Profile   Bookmark this reply Add 3stooges to your friends list Get a Link to this Reply
Silver could tread water (up a little, down a bit) for a few more weeks or even through most of the summer, but I'll go on record as saying it passes$40 with room to spare by the end of the year.
Pillar of the Community
larsdog's Avatar
United States
593 Posts
 Posted 05/31/2012  9:19 pm  Show Profile   Bookmark this reply Add larsdog to your friends list Get a Link to this Reply

Quote:
I'll go on record as saying it passes$40 with room to spare by the end of the year.


I'm predicting it drops below $20 by year end. One of us is going to be VERY disappointed!
Valued Member
MercuryDime's Avatar
Canada
262 Posts
 Posted 06/01/2012  2:31 pm  Show Profile   Bookmark this reply Add MercuryDime to your friends list Get a Link to this Reply
Investment experts say silver will be bullish, I wouldn't expect it to drop very much below $25 at all this year and could see it over $40 once more by year's end.
Edited by MercuryDime
06/01/2012 2:33 pm
Valued Member
MercuryDime's Avatar
Canada
262 Posts
 Posted 06/01/2012  2:35 pm  Show Profile   Bookmark this reply Add MercuryDime to your friends list Get a Link to this Reply
@larsdog, most likely you're hoping for something that won't happen this year, silver is a precious metal for a reason and a finite resource, you're not going to find prices you'll want to pay in the near future at least.
Pillar of the Community
larsdog's Avatar
United States
593 Posts
 Posted 06/01/2012  2:39 pm  Show Profile   Bookmark this reply Add larsdog to your friends list Get a Link to this Reply
You may be right. Could just be wishful thinking on my part. I have a lot of empty spaces for 90% silver coins and I was hoping to snag some bargains. I can only afford to collect lower quality coins so silver price has more of a direct effect on some of the items.
Pillar of the Community
silvercoinrn's Avatar
United States
863 Posts
 Posted 06/01/2012  3:00 pm  Show Profile   Bookmark this reply Add silvercoinrn to your friends list Get a Link to this Reply
Larsdog,
I think you should start looking in to buying these coins your talking about. After today it looks like they are gonna start talking about another QE. although I dont think the FED will do it just the talk of it can shoot silver up to $35 or 40 an ounce
Pillar of the Community
larsdog's Avatar
United States
593 Posts
 Posted 06/01/2012  3:10 pm  Show Profile   Bookmark this reply Add larsdog to your friends list Get a Link to this Reply
I've been buying. I was just hoping to save a little more in the future.
Pillar of the Community
Ed_B's Avatar
United States
4008 Posts
 Posted 06/01/2012  9:59 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply
I would agree that all silver stackers should be adding to their stacks during this sub-$30 silver price sale. Will silver drop to a lower price? Perhaps, but it is looking like there is a lot of support for silver in the $27-28 price range.

IMHO, the Fed will find QE3 irresistible due to the recent unemployment numbers, so by August at the latest, we should be into QE3 money printing and rising prices for stocks and commodities.
Pillar of the Community
larsdog's Avatar
United States
593 Posts
 Posted 06/01/2012  10:17 pm  Show Profile   Bookmark this reply Add larsdog to your friends list Get a Link to this Reply
Ed, say one more thing and you're at 3000 posts! Congrats beforehand!
Pillar of the Community
Ed_B's Avatar
United States
4008 Posts
 Posted 06/02/2012  10:20 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
Ed, say one more thing and you're at 3000 posts! Congrats beforehand!

Thanks, Lars. That's me, always running off at the keyboard. lol
Pillar of the Community
United States
2168 Posts
 Posted 06/02/2012  10:30 pm  Show Profile   Bookmark this reply Add angel2004 to your friends list Get a Link to this Reply
Just a quick question about the Military silver dollar just sent to me. There are no silver markings on it. It has certificate and I know the regular silver proofs have nothing either. I guess just a little skeptical since there was that error on those Birth sets! I know off topic but just a question. Thanks!
Pillar of the Community
traevin's Avatar
United States
1454 Posts
 Posted 06/02/2012  10:41 pm  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply
Can we see a pic, Angel? I'm no expert on what you're describing but someone on here should be able to give you his/her well-informed opinion.
Pillar of the Community
silvercoinrn's Avatar
United States
863 Posts
 Posted 06/05/2012  09:58 am  Show Profile   Bookmark this reply Add silvercoinrn to your friends list Get a Link to this Reply
Silver is still under 30spot but this thread seems to have died. What is everyones guess for silver this weekly
Pillar of the Community
Silverhawk74's Avatar
United States
3670 Posts
 Posted 06/05/2012  10:41 am  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
I thing PM's are on a more steady climb up, then down for the next few months. So sub 30 silver should be gone by the weeks end....
Pillar of the Community
Merc Man's Avatar
United States
561 Posts
 Posted 06/05/2012  10:50 am  Show Profile   Bookmark this reply Add Merc Man to your friends list Get a Link to this Reply
Probably wishful thinking but I can see sub-$30 silver all summer.
  Previous TopicReplies: 743 / Views: 52,060Next Topic
Page: of 50

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.29 seconds to rattle this change. Forums