Silver

The higher the better for all us on here I think. I am just glad we broke that $40 level.

My guess is a bubble that peaks around $55 to 60 before it pops and goes back in line with the mean somewhere around $25.

This poll begs the question, Are we talking today's dollar value?
That $200 on the high end in 2020 will be worth a lot less than $40.00 today if the country cannot get a handle on our monetary problems~! The Qe2 printing presses have been cranking right along with plans for Qe3!

I wouldn't be surprised to see silver fly past it's all time high. The only problem is that while silver increases in value, the dollar decreases.

The 5 year trend line for silver is around $24 just now. With a 4% compounded inflation over the next nine years, the price of silver will be around $35. Possibly, with a little extra genuine industrial demand, it may go a bit higher.

Just my ruminations, but I would not get too excited.

Back in 2006, there were a few who predicted a bubble in World stock prices. I remember reading some of their reports. Even fewer predicted the financial distress that followed the GFC in the U.S. Many countries escaped that crisis relatively unscathed. China, Australia, India, South East Asian countries and Middle Eastern countries were among them.

Don't worry. The U.S. will have largely recovered by then, if they don't get themselves involved in more expensive wars. At least, the U.S. is trying to cop out of the Libyan conflict.

I think rising commodity prices are part of post GFC problems. Even scrap steel prices have risen, but without the hype that silver is suffering from.

I can't see anybody in the CCF saving scrap steel!

To many choices! :)

My guess is a high price of sixty five dollars per troy ounce of .9999 silver by 2020 and the u.s. dollar will have less puchasing power when that happens.

Prices will rise on Bare necessities gas grocerys etc.

I almost completed my modern coins. Planning to step up to older coins. they are almost all are 90% silver. Due to silver price today, I have to wait and see. I might not be able to effort them any longer if the price keep rising.