How do you think silver will perform in 2012, and what do you think price will be to start the new year? Silver is doing very well so far this year(3-8), up almost $8USD since Jan 1st. Looking very strong so far... My guess is silver will continue to climb, maybe at a slower pace, but steady. A few ups and downs as usual, and a pricetag of $42-43USD/oz by the end of twenty twelve.
Just watched new video by silverfuturist: http://www.youtube.com/watch?v=yGFJLoVIWvA&feature=uploademail Large scale advertising to "buy silver" indicates to me that sellers are dumping now in anticipation of price drop.
Prediction is very difficult, especially if it's about the future...Niels Bohr Quote $60US by Nov (US presidential election) pull back to $45US by years end
I'd say the market is far too volatile (with some accusations of government manipulation also) right now to expect the price to rise, if it does though $40 USD at year end isn't unrealistic in my opinion.
As I've just started my stack with the purchase of my first tranche of silver, I'm hoping for 4usd. [As this is my first post: Hi, after much searching this appears to be the most informative forum for stacking etc. I've learnt a lot 'lurking here' for the past few months ..]
My prediction that the world will be engulfed in fire, floods, famine and pestilence by year end and the POS & POG wont be worth worrying about
And the rains came down and there was thunder and lio..ghtning AHAR! and an earthquakes and famine Ahar! And PESTILENCE and HELL FIRE. The rest of the day will be fine & mild.
Between 42-45 in december with a 10 - 20 percent pull back at year to give the sheeple the impression it under performed with year end statistics.