Starting to look like we may see $15 US Silver again

Discussion in 'Silver' started by Niveka, Jan 29, 2015.

  1. Niveka

    Niveka New Member

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    I hope its about 10 weeks away, that would be perfect timing...
     
    Niveka, Jan 29, 2015
    #1
  2. ryan71

    ryan71 Member

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    We jump to conclusions awfully fast around here. Surf the silver.
     
    ryan71, Jan 29, 2015
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  3. gbickle

    gbickle Member

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    If the AUD keeps dropping at this rate, when silver is $15 USD, it might still be $22.50 in Australian Dollars :lol:
     
    gbickle, Jan 29, 2015
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  4. SilverDJ

    SilverDJ Well-Known Member

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    Yes, even if silver does drop back down, the AUD is showing no signs of recovery at all. So it is very unlikley that we will see the same AUD price we had in early Nov (AUD$18).
    It requires a double movement whammy.
    Actually, if you assume that silver has a 50/50 up/down chance, and the AUD has a 50/50 up/down chance, you have a 25% chance at best of silver getting back to where it was in Nov. i.e. silver down, AUD up.
     
    SilverDJ, Jan 29, 2015
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  5. chowdersilver

    chowdersilver New Member

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    Although I love silver as a hobby, I have also learned from this site that it isn't a bad idea to have some as insurance in case the dollar chokes.

    With this in mind, I hope for lower silver prices for two reasons. First, it allows me to enjoy a less expensive hobby, and second, it can imply (not always) the dollar is strong (which I think is a good thing). I don't want to ever need to use any insurance policy.....come to think of it, especially my life insurance policy.
     
    chowdersilver, Jan 29, 2015
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  6. asssets

    asssets New Member

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    Based on what you made this assumption?
     
    asssets, Jan 29, 2015
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  7. Bullion Stacker

    Bullion Stacker Member

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    I'm guessing his personal financials? Correct me if im wrong OP
     
    Bullion Stacker, Jan 29, 2015
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  8. Niveka

    Niveka New Member

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    10 weeks would be perfect for my personal situation...
     
    Niveka, Jan 29, 2015
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  9. Altima

    Altima Well-Known Member Silver Stacker

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    Lol. Cos that's when you can pull the trigger for a monster box?
     
    Altima, Jan 29, 2015
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  10. Junk Silver

    Junk Silver Member Silver Stacker

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    No that's when he has holidays from work so he can test the monster box! :p
     
    Junk Silver, Jan 29, 2015
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  11. Niveka

    Niveka New Member

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    Both :)
     
    Niveka, Jan 29, 2015
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  12. Altima

    Altima Well-Known Member Silver Stacker

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    Would be nice to get a monster box but I have no time to go thru each and everyone!
     
    Altima, Jan 29, 2015
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  13. mmissinglink

    mmissinglink Active Member

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    My $14 USD prediction from 30 months ago has not set in yet...but it will this year I think.




    .
     
    mmissinglink, Jan 29, 2015
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  14. Sonic

    Sonic New Member

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    Better late than never!
     
    Sonic, Jan 29, 2015
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  15. barsenault

    barsenault Well-Known Member

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    man, it would be perfect for me too...come to papa. I hope it goes to zero. I have a good tax check coming in. yum, yum. that is, if the govt is still good for it.
     
    barsenault, Jan 29, 2015
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  16. BoliverT.

    BoliverT. New Member

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    Nothing wrong with the price of silver dropping like a rock as it has tendency to move up or down depending on the market, although a few of us will be unable to set down for a while because we lost a good part of our donkey AKA ass. Just saying although I could be wrong about others.
     
    BoliverT., Jan 29, 2015
    #16

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