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Replies: 20 / Views: 4,108 |
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Bedrock of the Community
United States
94367 Posts |
"Silver about to break out?" Sounds like a headline from 5 years ago. Or 3 years ago. Or...
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Pillar of the Community
United States
1475 Posts |
I usually go opposite the experts.
That way, I have little better than 50% chance.
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Pillar of the Community
Canada
1530 Posts |
I doubt you'll see silver above 18.00 in the next two weeks.
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Rest in Peace
United States
18456 Posts |
Who thinks Silver will ever go up to it's all time high of $50 an once within the next 5-6 years ? 
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Rest in Peace
United States
2668 Posts |
Not me. 
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Bedrock of the Community
United States
10982 Posts |
Quote: Who thinks Silver will ever go up to it's all time high of $50 an once within the next 5-6 years ? Not likely in 5-6 years. $30 in that timeframe is realistic though.
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Pillar of the Community
United States
4333 Posts |
$20 in 5-6 years not likely. Quote: Who thinks Silver will ever go up to it's all time high of $50 an once within the next 5-6 years ? We've never had $50 silver, but close.The first time, the metal's rise in price was not driven by honest means, but by two wealthy traders trying to corner the market. 30-some years later, another rise close to $50, (an all-time average high of $35 in 2011) supposedly driven by investor demand. Today, the investment demand in silver seems long gone, hopefully industrial demand will pick up in the near future.
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
Edited by fistfulladirt 01/27/2018 05:03 am
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Bedrock of the Community
United States
10635 Posts |
Unless the stock market tanks, Gold/Silver will hold steady. When the stock market is unsteady, that's when demand for metals raise. 
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Bedrock of the Community
 United States
12845 Posts |
Well, the stock market took a big shot on Friday and PMs went down with it. We're down to the mid-$16s on Silver... and I took the opportunity to buy my Jan and Feb quota.
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Pillar of the Community
United States
898 Posts |
Mox, I consider Toby the new expert
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Pillar of the Community
United States
4333 Posts |
A dozen or more banks involved in manip-manop. Smacked with fines. A small price to pay.
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
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Bedrock of the Community
 United States
12845 Posts |
Well, even though the stock market got clobbered today, PMs actually rebounded a little.
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Pillar of the Community
New Zealand
526 Posts |
I like Silver (and gold) MEDIUM/LONG TERM as an insurance policy. Silver may currently have an edge due to the present silver/gold ratio IMO Bonus is if/when it goes up you can take some profit, and if the dollar tanks you may be better of with some PMs. BUT dont spend money you cant afford to park.
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Valued Member
United States
411 Posts |
talked with my pastor today and he said silver will not go up much but it will come back down. he deals in gold , silver and guns.
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Pillar of the Community
 United States
1285 Posts |
Waiting for MY confirmations so to say to BUY - before I go long here.
Meaning waiting for the technical charts to turn around.
Take care.
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Replies: 20 / Views: 4,108 |
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