Silver Stock Prices Predictions

myprecious
If anybody really new what 'a market' was going to do -up or down, they would be in Aruba now watching the turtle races.
Dollar cost averaging assumes that a market will increase over time. But if some alchemist figures out how to turn lead into gold or silver, ooops!
You have to determine your final goal. Then use a tactic that will get you there.

Hey folks, thanks for the welcome! Yeah, the name 'myprecious' made sense because whenever I look at my coins I say "my precious, my precious!" I'm sure you know what I mean 0:)

Dollar Cost Averaging certainly does rely on the market increasing in value over time (appreciating). But, if you do not think the market will appreciate, you shouldn't be taking a long position in the first place and you might want to buy a gun instead, because something bad is probably around the corner. Haha. :)

Here's a tip for you wannabe speculators:

In the last five years or so, rhodium has gone from around $300 an ounce to around $9000.

The only thing I knew it was used for is plating sterling chains so they don't tarnish.

I learned the other day that it's a catalyst for producing hydrogen in a fuel cell.

This would certainly add to demand, except that the article was about how Ohio State University researchers have found a way to use cerium oxide and cobalt instead, at a cost of $4.50 a pound.

Here's the article.

This is the kind of stuff you better be aware of before betting the farm.

Don't you know, Davis was the inspiration for Randal Graves in Clerks...

My Two Cents ... silver was "along for the ride" during this last commodities explosion. There were no reports of shortages that would account for the increases. Oil took gold and silver to new modern heights and now they are retreating with oil. Oil will continue to decrease as hedge fund custodians sell their futures short ... gold and silver will follow. I would wait a month or two to see the bottom, then stock up for the inevitable increase.

Now you just need to determine if my Two Cents are MS67Rd 1909s VDB's or a couple of modern memorial cents that were caught up in a clothes dryer.

Hard to say, some would say silver is too high now when compared to just a few years ago. But, In a few months time (December) $14.75 wouldn't be out of the question as would $8.90.

Freely admitted.