Vote - What price will silver be in Aug 2020

Discussion in 'Silver' started by openeyes, Aug 2, 2019.

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What price USD will silver 1oz be in Aug 2020 ?

Poll closed Aug 12, 2019.
  1. Less than $10

    0 vote(s)
    0.0%
  2. $10-$13

    0 vote(s)
    0.0%
  3. $13-$16

    4 vote(s)
    7.1%
  4. $16-$19

    10 vote(s)
    17.9%
  5. $19-$22

    13 vote(s)
    23.2%
  6. $22-$25

    10 vote(s)
    17.9%
  7. More than $25

    19 vote(s)
    33.9%
  1. minimilled

    minimilled Active Member

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    Percentage wise I think silver and platinum stand to rise the most from here. Both look like they’ve trundled along the bottom and purgatory will end sometime. Silver at 21 AUD again is good buying I think.

    Platinum is the rarer item and thus if it became sought after it should gain handsomely. The world’s a big place now so small markets like Pt can heat up quickly.
     
    sgbuyer likes this.
  2. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    I agree, I've seen the charts for pd and pt, they take turns. The longer pd remains high, the more likely substitution will happen and yes, the likelihood of it happening increases the higher pd goes.
     
  3. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    Tell me about it


    Meanwhile the stick market has hit new all time highs and but coin is rising rapidly again
     
  4. openeyes

    openeyes Well-Known Member Silver Stacker

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    Well we are nearly there - August 2020 that is. Where did you vote?

    my vote was $16-$19. Wrong by so much. I might do a Aug 2021 but not sure what the ranges should be.
     
  5. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

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    I am in the top 25$ range for my vote. I would have pipped $29 USD if it was there. If it can get past 24.40$ look out
     
  6. Junk Silver

    Junk Silver Member Silver Stacker

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    What do you classify as sideways now? From
    memory you had sideways as anything from AUD$20 - AUD$28 and it had to remain above $28 for a time period to allow you to sell the metal. What is your new sideways call?
     
  7. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    Not sideways

    But shares and crypto have done better
     
  8. clear

    clear Well-Known Member

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    check-out silver backwardation in August & September contracts
     

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