Future Price Of Silver?

Like I few of the recent posters have said...specualators fear not! Silver will rise! It will rise high! We will all make money! Or at least the illusion of money!

The blips are to be expected. Sure its disapointing to see the price dip a bit, but in the broad scheme of things (i.e the first 2 months of the year so far) sivler has gone "up" and will be further "up" at the end of the third month.

Overall though, I fear our potential monetary gains may not actually be as vauable as we think. These silver hike has more to do with the fall of the fiat system than anything. Its like Lew Rockwell (i think it was he) once said "the same amount of silver still buys the same amount of oil"...it just takes more dollars now. I've actually decided that I am not going to sell, no matter how high silver may reach( $100+?) Now, some may, and will, say that I'm a little paranoid but regardless....Anyone recall learning of Germany Post WWI but Pre WWII? In that time in that land, it is said that it was economically wiser to burn a barrel full of cash for heat than it was to purchase wood to burn. I doubt (and pray) things will never be that bad, but one can never be to safe right? All I know is, one day be it tomorrow next year or next century, Federal Reserve Notes will be worth zip but a couple good ol' Morgans will always be accepted

--Gary

Stupid question .will the increase of silver value effect the cost of rare coins that are already over spot price ?

Seeking :I'm guessing maybe

Rainman

My thought is that collectible coin price rises will lag behind precious metal price rises for a variety of reasons. Values probably won't go down on high end coins but they may stagnate a bit until some of the people making 'metal money' get around to spending it. Just based on history, coins don't usually get 'rediscovered' until closer to the end of a bull run.

"will the increase of silver value effect the cost of rare coins that are already over spot price"

Coins that are rarities with true collector value will only be affected marginally. After all, the silver/collector value on say a 1916-D Merc dime is small whether spot silver is at $5, $20, or $50/oz.

I'm mixed about silver, why? ....the market easily gets flooded with it once the dollar stabilizes or gains. It's great when the USD is dropping, but not when it's rising. Silver is pretty cheap in relative terms, lots of people hoard it and then sell it. I think gold is a lot better play IMO.

I remember popping UNC Franklins Mercurys Roosevelts 64 Kennedys and Washington quarters out of 2X2's in 1979 with a butter knife as fast as I could at the desk in my Dads office because of the Hunt brothers attempt to corner the silver market.
The silver buyer would come and pick them up and I think we got close to 40.00 on the dollar!
It was nuts! But worth it as the market went down to 20. per oz in a hurry and thats where it stayed then slowly and steadily crept down to between 11. and 8 bucks per oz. for the next year or so.
The economy wasn't all that much to blame as it was more of a market manipulation.
Back then silver and gold rose when stocks went down and vice versa for a long time.
Now the silver has hit 20.00 and there is a bad economy, I think silver is at the right price now. I think we are in for a couple tough years economy wise, and 30.00 an oz is not far fetched by the end of the year.
If things get better economy wise, I don't think silver will ever go down under 20. per oz. again.
I think that silver is still a good investment short term, couple years, but sell around 28. per oz.
Lets see how my guess is in a couple years. LOL!