Silver... Where Will She Go?

it all depend I heard rumorers that they might start using more silver as soder in computer and if they do that you never know were it will go. since they are already reporting a shortage of silver.

In which period are we talking here?

They are setting up an ETF for silver
Once the initial amount is subsribed for then 30$ silver is
going to look cheap IMO
Let us say timespan 2006-2010

quote:

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Originally posted by jdheyne

ETF?

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Exchange Traded Fund
Like there are several for gold

They have the gold and silver and you get a piece of paper you own so many ounces of silver
Like the dollar bill used to be till the end of Bretton Woods
Payable in gold
Of course the dollar bill does not exist any more
it is now a FRN
That is a Federal Reserve Note

quote:

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Originally posted by crystalk64

I would really suggest holding on to your silver coins and perhaps buying up the bars, rounds and Eagles when your budget allows you to do so. The gold and silver markets have been literally under our banks control for years but their efforts are now spiralling out of control as REAL demand has taken over. This could get very very interesting in the near future.

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Sound advice that is
Several people I know are buying bags full of old american 90% silver money
That probably is the cheapest way to get silver and you can sort the bags to see whether there is any numismatic value coin in it

Silver, like any precious metal will increase in value because of inflation. Look at the price of gold it is increasing and I think silver will follow sometime in the near future.

You cannot go wrong if you have silver or gold coins in tour collection.

I wouldn't say "she" is dropping! Just going through its normal ups and downs with the market on a daily basis. Remember it is SUPPLY and demand and as long as folks are selling the supply will be strong! It is when everyone QUITS selling that demand will send the prices upward. Compared to 2001 and 2002 silver has risen quite a bit, as has gold, and I see a LONG climb ahead for both and even though the price has risen it will not return to the levels we saw just 5 years ago. I think we all need to get our minds adjusted to the fact we could very well be seeing CHEAP silver right now. I will continue to buy a few Eagles, Kangaroos, Maple Leafs every week until I simply can't afford to do so any more and I am afraid that day will come! And I still say if gold should double then silver will be where the largest percentage of profits will be made. Time will tell!

All signs point to a gradual rise in metals: the tradional ratio of gold to silver value is 16 to one. It would seem that silver is poised to rise a greater percentage than gold and HAS in the last couple of years.Be patient,all commodities have peaks and lows.We cant become discouraged ; NOW is the buying opportunity!