The Mythbusters Silver Prediction Thread

Discussion in 'Silver' started by millededge, Mar 5, 2012.

  1. millededge

    millededge Active Member

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    1. David Morgan
    2. http://thenewsunit.blogspot.com.au/2012/02/david-morgan-forecasts-60-silver-this.html @12:05
    and
    http://www.pmbull.com/silver-to-hit-60-in-2012-david-morgan/

    3. December 2011 (reprise in Feb 2012)
    4. 29.00 approx
    5. December 2012 "...take out the nominal high (May 2011, $48.78). Once that base moves up into that level I think we could see $60 by the end of the year...so I'm pretty bullish. I think you'll get a double out of silver this year, but I think it will take a year to do that"
    6. $60
     
  2. millededge

    millededge Active Member

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    1. Eric Sprott
    2. http://www.youtube.com/watch?v=TjCjP5vasIY @ 12:05 onwards
    3. Jan 2012
    4. 29.00 approx
    5. 2013 : "If I had to predict, I certainly would expect that silver would be above $50 next year"
    6. $50
     
  3. millededge

    millededge Active Member

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  4. millededge

    millededge Active Member

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    1. Alasdair MacLeod, Senior Fellow, GoldMoney Foundation
    2. http://www.youtube.com/watch?v=3Ah48ka7_ak @ around 00:30 for the POG and @ 2:19 for the POS
    3. 12 September 2011
    4. 30.00 approx
    5. December 2012 "Looking at my models...gold...$3800 by the end of 2012...........you've got a [silver] price that could potentially double or triple over the next year, probably triple, maybe more because the shortages are very definitely there"
    6. "triple in silver" - so that's $90 from Sept 2011. Also POG $3800. Pay heed to the idea inherent in a triple. It could be as accurately a vision of a triple from $11, though the spirit of the interview is a $90
     
  5. millededge

    millededge Active Member

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  6. millededge

    millededge Active Member

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  7. Syd888

    Syd888 New Member

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    I love this thread. I always wanted to keep a file of such predictions myself, but was too lazy to actually do it. I'd like to see here predictions not only about silver, but also about other important economic events.

    1. Nicole Foss
    2. Economist Nicole Foss talks to Amanda Morrall about peak oil, euro zone crisis, the next Great Depression and the big "trap" that is Auckland's housing market. Your view?
    3. April 20, 2012
    4. -
    5. Predicted that Euro zone would not hold another couple of years: "I'd be surprised if the single currency lasted more than a couple of years. It could go all at once or shed members. Various countries on the periphery of Europe look poised to go over the edge pretty much immediately."
    6. At least one country leaves Euro zone before April 2014.
     
  8. Syd888

    Syd888 New Member

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    1. Name of forecaster: Paul Mladjenovic
    2. Link to source: The Silver Reverse Bubble of 2012
    3. Date of forecast: Tuesday April 24, 2012
    4. Spot price at time of forecast: USD 30.80; AUD 29.87
    5. Date of the second coming of silver: 2013-2014
    6. Predicted spot price on date of second coming: USD 100 during 2012-2013.

     
  9. greyman68

    greyman68 New Member

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    in the long term it will go up.
     
  10. Peter

    Peter Well-Known Member

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    Stock market going down bad again starting June.
     
  11. bron suchecki

    bron suchecki Active Member Silver Stacker

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    Like the idea, I started a spreadsheet but with about 150 rows but it was taking up a bit of time. I keep track of them in my daily blog watch, see here for example http://www.perthmintbullion.com/blog/blog/12-04-18/Weight_Of_Money_Waiting_For_Gold.aspx

    I am working on creating a public searchable database of predictions as part of some new functionality for the perth mint website. Maybe make that crowdsourced so everyone can add to it. Ultimately I'd like to graph predictions against actual price charts.
     
  12. millededge

    millededge Active Member

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  13. Syd888

    Syd888 New Member

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    1. Name of forecaster: Sean Boyd
    2. Link to source: King World News - Sean Boyd; mp3, at 3:14 and at 10:34
    3. Date of forecast: May 24, 2012
    4. Spot price at time of forecast: Gold: USD 1559; AUD 1596
    5. Date of the second coming of gold: May 2013, May 2014 (12 and 24 months since the interview date)
    6. Predicted spot price on date of second coming: May 2013 - USD 2000+; May 2014 - USD 3000+
     
  14. grinners

    grinners Active Member Silver Stacker

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    Morgan has, this week, downgraded his end of year prediction to $40 :(

    http://www.youtube.com/watch?v=ipowaj5GW8U&feature=youtu.be
     
  15. TheEnd

    TheEnd Well-Known Member

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    Surely the scarcity of it is going to force the price up soon...... The price it been for years is pathetic..... Maybe this is why it is so manipulated because the powers that be know how much potential it really has???
     
  16. willrocks

    willrocks Well-Known Member Silver Stacker

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    So based on all these predictions, and others I've seen, silver has a potential upside of somewhere in the order of 30-300%, and a downside of less than 30% in the next 12 months.
     
  17. Syd888

    Syd888 New Member

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    1. Name of forecaster: Jim Sinclair
    2. Link to source: Jim Sinclair has something to say
    3. Date of forecast: May 1, 2012
    4. Spot price at time of forecast: Gold: USD 1662
    5. Date of the second coming of gold: post-June
    6. Predicted spot price on date of second coming: $1,700 on the low end and $2,100 on the high end.

     
  18. Xizang

    Xizang New Member

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    If the world ends on December 21, 2012 it really doesn't matter much beyond that, does it?

    I love all these predictions because in just a little while, I discover again that nobody else out there is any better at forecasting the future than me or anyone else. If anyone really knew, they would keep their mouth shut and be busy buying (or selling) as much as they could.

    One thing we can agree on: Gold and Silver are proven tangible, durable, mediums of exchange (real money). We all know the central banks around the world are in trouble and their fiat currencies are failing. If the Chinese, who are the most solvent nation of all, are busy loading up on gold and silver, then that's most likely the thing to do. Assuming someone's going to be alive on the planet after 12/21/12.

    Who is John Galt?
     
  19. Syd888

    Syd888 New Member

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    That's why this thread exists, so we can see who predicts better than others. :) I believe that some people have indeed good feeling about markets and money flow. So they can see a trend. Others are just parroting. We need to use our common sense to tell which is which.

    If the world ends on December 21, 2012, then we all are the greatest fools. Instead of spending everything we have on fine booze and high class hookers we bought pointless pieces of metal and buried it underground. What a waste! :lol:
     
  20. millededge

    millededge Active Member

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