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Your Silver Prediction For September 01-2020

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Canada
1007 Posts
 Posted 07/21/2020  3:57 pm Show Profile   Bookmark this topic Add 47P7 to your friends list Get a Link to this Message
Poll Question
what is your prediction as to where silver will be by Sept 01 2020
in CAN $?

Poll Choices
  $ 25
  $ 35
  $ 45
  $ 55

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United States
3210 Posts
 Posted 07/21/2020  4:44 pm  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
Although I marked $35 Cdn, I think that it will be right around $30 Cdn .. the same price that it is today in Cdn.
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Canada
3519 Posts
 Posted 07/21/2020  4:49 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
$29.65 CAD
Valued Member
Canada
241 Posts
 Posted 07/21/2020  5:09 pm  Show Profile   Bookmark this reply Add collector67 to your friends list Get a Link to this Reply
Going to go through $40 Sprott is looking to buy 1.5 billion worth OF AG. https://kingworldnews.com/silver-sh...-production/
Edited by collector67
07/21/2020 5:10 pm
Pillar of the Community
Canada
547 Posts
 Posted 07/22/2020  06:07 am  Show Profile   Bookmark this reply Add tamarin to your friends list Get a Link to this Reply
The cemeteries are full of silver investors. Hope springs eternal but you do have to remember: hope is not a plan.
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Canada
3736 Posts
 Posted 07/22/2020  09:06 am  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
Is Sprott trying to become the next Hunt brothers? That didn't end well.
Valued Member
Canada
275 Posts
 Posted 07/22/2020  3:51 pm  Show Profile   Bookmark this reply Add Andy888 to your friends list Get a Link to this Reply
$38CAD per oz
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Canada
8135 Posts
 Posted 07/25/2020  12:26 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
I clicked on $35 a few days ago.
But I'm not going to hold my breath that long.
Gonna sell 100 silver dollars today for $1750.00
Bought 'em for $1360 a while back
I'm happy with that
Carpe Diem
"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
07/25/2020 12:34 pm
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Canada
1691 Posts
 Posted 07/28/2020  12:33 am  Show Profile   Check Petersun's eBay Listings Bookmark this reply Add Petersun to your friends list Get a Link to this Reply
I chose the $25 option.
I find it quite likely that we will be seeing some major fluctuations in spot price during the coming months, with some crests reaching the higher projections in the replies above (i.e. $38 or $40).
However, I interpreted the poll as follows. Would I buy silver today at $38-40 per ounce and expect to break even or make some gains if I had to sell them on September 1st? I probably wouldn't. Even given the chaotic state of affairs in the world right now I hardly think that this silver bubble is sustainable.
In fact, if I bought silver today and had to sell it on September 1st, $25 (maybe slightly more, but definitely no more than $30) is what I would pay today.
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Canada
1827 Posts
 Posted 07/28/2020  3:12 pm  Show Profile   Check gidjit's eBay Listings Bookmark this reply Add gidjit to your friends list Get a Link to this Reply
41
please check out my collection of large cents from 1858 - 1920 (click link below, you DO NOT need a facebook account to view)
https://www.facebook.com/media/set/...l=4b87156114
also you can see my collection of 1859 die pairs here
https://www.facebook.com/media/set/...47995&type=3
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1604 Posts
 Posted 07/28/2020  3:19 pm  Show Profile   Bookmark this reply Add papeldog to your friends list Get a Link to this Reply
50+
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Canada
691 Posts
 Posted 07/28/2020  6:14 pm  Show Profile   Bookmark this reply Add loonielewy to your friends list Get a Link to this Reply
If it goes too high, the cull on collector coins will be crazy. People breaking open Proof sets for spot and what not. Beautiful coins hit the pot. More old dollars and 50 cent pieces melted. May be good for the investor, but not for future collectors. My pocket piece is worth 45 bucks spot now. Sure didn't cost me that. I don't know if I would fit in the investor or collector category. I don't know if I would crack Proof sets, but anything else may be fair game.
"We are poor little lambs...who have lost our way...Baa...Baa...Baa"

In memory of those members who left us too soon...
In memory of Tootallious March 31, 1964 to April 15, 2020
In memory of crazyb0 July 27 2020. RIP.
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Canada
712 Posts
 Posted 07/28/2020  6:16 pm  Show Profile   Bookmark this reply Add Numis-Northerner to your friends list Get a Link to this Reply
$400 an ounce.
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Canada
691 Posts
 Posted 07/28/2020  7:00 pm  Show Profile   Bookmark this reply Add loonielewy to your friends list Get a Link to this Reply
Call me an investor. .
"We are poor little lambs...who have lost our way...Baa...Baa...Baa"

In memory of those members who left us too soon...
In memory of Tootallious March 31, 1964 to April 15, 2020
In memory of crazyb0 July 27 2020. RIP.
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Australia
17459 Posts
 Posted 07/28/2020  7:19 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Can't say, because I cannot predict future $CAD / $US exchange rates.
$30 US.
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United States
4282 Posts
 Posted 07/28/2020  7:25 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
$30 it is then.

The Mercury Dimes Specialist!
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