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 Replies: 57 / Views: 10,453 |
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Pillar of the Community
United States
1804 Posts |
Will Silver ever hit $50 (Again?)
*** Moved by Staff to a more appropriate forum. ***
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Valued Member
Australia
208 Posts |
In my humble opinion, there is a 50/50 chance that silver will hit $50 in the next 5 years.
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Pillar of the Community
 United States
1804 Posts |
Misterpostman,
I'll bite.
50/50 chance silver will hit $12.50 in next 1 year.
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Bedrock of the Community
Australia
21786 Posts |
Silver will hit $50 again, but it will take either the Chinese or the U.S. economy to tank (again).
That's when enough people like you and me feel it would be wise to put more investment emphasis into PM's.
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Pillar of the Community
Japan
666 Posts |
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Pillar of the Community
Canada
746 Posts |
Quote:
In my humble opinion, there is a 50/50 chance that silver will hit $50 in the next 5 years.   |
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Pillar of the Community
United States
1653 Posts |
It'll have to hit $30 first. And that won't happen.
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Moderator
 Australia
16805 Posts |
Quote:
Will Silver ever hit $50 (Again?) Yes. There is a 100% probability that, given enough time, the price of silver will hit $50, or equivalent thereof. Even if the supply/demand equation for silver stays exactly the same as it is now, inflation will eventually and inexorably bring the price up (or rather, drag the value of the dollar down) until the price of silver reaches and passes $50. It might take years, or decades, or centuries even, but it is inevitable. Of course, many things could also happen between now and then. Inflation affects everything, so the price of a McDonalds cheeseburger might hit $50 at around the same time, or sooner, or later, or the Surgeon-General might ban cheeseburgers before that happens. They might reform the currency or introduce the amero before silver hits $50, in which case you'd need to do some currency conversion calculations to figure out exactly when the price of silver hits 50 "old dollars". Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
United States
7613 Posts |
Yes, if we all live long enough we'll be around to see it.
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Pillar of the Community
United States
4333 Posts |
I'd be happy to see $25 again!
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Pillar of the Community
United States
1454 Posts |
I think we're more likely to see $10 before $50.
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Pillar of the Community
United States
1804 Posts |
Quote:
I think we're more likely to see $10 before $50. Agreed, in spades |
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Valued Member
United States
299 Posts |
We could easily see both 10 and 50 within the next year
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Pillar of the Community
United States
8137 Posts |
I would like to see silver at $10.
I agree with it going down before it goes up. A year ago some of us thought it would never go below $20, but look where we are now...
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Bedrock of the Community
13014 Posts |
HIGHLY doubtful we would see 50 in the next year.
Its almost assured itll sniff 50 again at some point and probably within everyones lifetime who lives a couple more decades. Its unlikely however that itll happen in the near feature, and if you go off history getting into it now would not be a good return on your money with the time it will take to get back there.
Traevin was spot on when he said right now its more likely to see 10 than 50.
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Pillar of the Community
United States
8137 Posts |
I meant some people thought a year ago it would not get below $20. It would take a long time before it gets up to $50.
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Replies: 57 / Views: 10,453 |
Posted 02/07/2014 9:10 pm
