Silver Supply And Demand Rising! - What About Price?

To participate in the forum you must log in or register.

Author	Replies: 7 / Views: 1,873
AlmostCollectible Valued Member United States 384 Posts	Posted 05/10/2011 03:11 am Just saw this on Kitco, and I think everyone following Silver should read it. Here are some real numbers on Silver by the CPM Group: http://www.kitco.com/reports/KitcoN..._supply.html Supply and Demand are both rising. What does your math say about the price of silver going forward? At the end of 2011? End of 2012? Don't really care about 2013 and beyond, cause we all know it's just not gonna happen Report this Post to the Staff

AlmostCollectible Valued Member United States 384 Posts	Posted 05/10/2011 03:25 am Couple of more links actually, looks like they spread the report over several articles: http://www.kitco.com/reports/KitcoN..._supply.html http://www.kitco.com/reports/KitcoN..._supply.html Report this Post to the Staff
mitchhailey Pillar of the Community United States 1150 Posts	Posted 05/10/2011 03:59 am SILVER IS KING! It is going to the moon, thats where its goin'. The Obama team is too busy destroying the dollar to notice what is goin on right now...thats ok though because I'm buying silver with any disposable income I have. Report this Post to the Staff
AlmostCollectible Valued Member United States 384 Posts	Posted 05/11/2011 1:57 pm Yes to the moon it is then! Any other perspectives based on this article? Report this Post to the Staff
tripncoins Pillar of the Community United States 648 Posts	Posted 05/11/2011 2:03 pm These articles make me feel good. With many uses of silver, and the production going up, I would like to believe the price per oz would also follow. There are many many uses of this metal. I can talk about 10 other variables that can affect the price of silver, but this is good to read. Good post. Report this Post to the Staff
maichinht Valued Member United States 102 Posts	Posted 05/11/2011 5:49 pm Nice article.. Still holding, and not selling! Report this Post to the Staff
Silverhawk74 Pillar of the Community United States 3670 Posts	Posted 05/11/2011 6:22 pm Well it may be headed to the moon, but it dropped 3 and a half bucks today, something going on that I missed? We all know in the long run it is headed back up, and probably sooner than later, so as usual, me calls this a.....BUYING WINDOW! Report this Post to the Staff
Ed_B Pillar of the Community United States 4008 Posts	Posted 05/11/2011 6:37 pm Not to be argumentative or anything but... silver is NOT "going to the moon". Silver fundamentals are, however, VERY strong. It's long term prognosis is very good. I would rather have extra money sitting in silver, both as ETFs and as physical metal, than sitting in a cash account. Both production and demand seem strong with good prospects for continuation in this vein (as it were). That said, silver will continue to be quite volatile with 3-5% moves to both the up and down sides. The trend bias is upwards, so silver owned today is likely to be more valuable a year from now, particularly when compared to cash. I am bullish on silver... but not hysterical about it. Report this Post to the Staff
	Replies: 7 / Views: 1,873

To participate in the forum you must log in or register.

All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.24 seconds to rattle this change.