| Author |
 Replies: 18 / Views: 3,488 |
|
Pillar of the Community
Canada
1505 Posts |
Poll Question
what is your prediction as to where silver will be by Sept 01 2020
in CAN $?
|
|
|
|
Pillar of the Community
 Canada
5584 Posts |
Although I marked $35 Cdn, I think that it will be right around $30 Cdn .. the same price that it is today in Cdn.
|
|
Pillar of the Community
 Canada
5392 Posts |
|
|
Valued Member
Canada
252 Posts |
Edited by collector67
07/21/2020 5:10 pm
|
|
Pillar of the Community
Canada
576 Posts |
The cemeteries are full of silver investors. Hope springs eternal but you do have to remember: hope is not a plan.
|
|
Pillar of the Community
Canada
5238 Posts |
Is Sprott trying to become the next Hunt brothers? That didn't end well.
|
|
Valued Member
Canada
324 Posts |
|
|
Pillar of the Community
Canada
9862 Posts |
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
|
|
Pillar of the Community
Canada
1700 Posts |
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.
|
|
Pillar of the Community
Canada
1980 Posts |
|
|
Pillar of the Community
Canada
1923 Posts |
|
|
Pillar of the Community
Canada
1765 Posts |
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 - April 15, 2020
In memory of crazyb0 July 27 2020. RIP.
In memory of T-BOP Oct. 12, 1949 - Jan. 19, 2024
|
|
Pillar of the Community
Canada
857 Posts |
$400 an ounce.  |
|
Pillar of the Community
Canada
1765 Posts |
 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 - April 15, 2020
In memory of crazyb0 July 27 2020. RIP.
In memory of T-BOP Oct. 12, 1949 - Jan. 19, 2024
|
|
Bedrock of the Community
Australia
21786 Posts |
Can't say, because I cannot predict future $CAD / $US exchange rates.
$30 US.
|
|
Pillar of the Community
United States
5818 Posts |
|
| |
Replies: 18 / Views: 3,488 |
Posted 07/21/2020 4:49 pm
