Future Silver Spot Prices - Coin Community Forum

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Author	Replies: 6 / Views: 1,490
rmc Valued Member Canada 478 Posts	Posted 09/21/2012 11:22 am Where do you think the spot price of silver will be this time next year? Report this Post to the Staff

t_y Pillar of the Community Canada 632 Posts	Posted 09/21/2012 12:06 pm Can$43 Report this Post to the Staff
Senex Valued Member 291 Posts	Posted 09/21/2012 12:09 pm US$65 Report this Post to the Staff
canuck1us Pillar of the Community United States 1002 Posts	Posted 09/21/2012 12:11 pm ty & Senex - I hope you're both not right! Report this Post to the Staff
kuh_85 Pillar of the Community Canada 2366 Posts	Posted 09/21/2012 12:19 pm The latest couple of reports from the banks (responding to the latest US money printing exercise) have it up a couple of bucks for next year ($36-$37) and then dropping back down a couple of bucks in 2014. Report this Post to the Staff
noahs-numismatics Pillar of the Community Canada 3167 Posts	Posted 09/21/2012 7:01 pm $31 CDN Report this Post to the Staff
dialog_gvf Pillar of the Community Canada 1581 Posts	Posted 09/21/2012 7:58 pm Who knows. There are persistent rumours that silver leased from the ETFs and consumed by industry over the last decade now exceeds the world's physical supply on hand. Short coverage and physical shortages -> Massive pop in price of silver Loss of confidence in ETFs -> Massive drop in price of silver (sell-off of ETF -> sell-off of their remaining silver) And, who knows what happens if ETFs fail (unable to cover redemptions) or those banks heavily exposed in silver market are affected. Report this Post to the Staff
	Replies: 6 / Views: 1,490

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