60 dollar silver this year?

Discussion in 'Gold' started by tiburon18savard, Jan 17, 2013.

  1. tiburon18savard

    tiburon18savard New Member

    Joined:
    Nov 15, 2012
    Messages:
    25
    Likes Received:
    0
    Trophy Points:
    1
    Location:
    Canada
    I'm not going to try predicting how high silver will rise. Rather, I will just re-affirm my longstanding expectation that when silver finally clears resistance around $36-$37, it will jump to $68-$70 in 2-to-3 months.

    http://fgmr.com/three-things-to-watch.html?print
     
  2. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,696
    Likes Received:
    4,456
    Trophy Points:
    113
  3. willrocks

    willrocks Well-Known Member Silver Stacker

    Joined:
    May 10, 2012
    Messages:
    7,777
    Likes Received:
    7,199
    Trophy Points:
    113
    I say somewhere close to or above $40.
     
  4. rbaggio

    rbaggio Active Member Silver Stacker

    Joined:
    Aug 5, 2010
    Messages:
    4,300
    Likes Received:
    6
    Trophy Points:
    38
    Location:
    Australia
    No. 40's maybe.

    Based on the vibe of it, and Mabo.
     
  5. errol43

    errol43 New Member Silver Stacker

    Joined:
    Apr 13, 2010
    Messages:
    5,993
    Likes Received:
    15
    Trophy Points:
    3
    Location:
    Bundaberg
    Yes it will! No it wont!

    I think it might! I think it mightn't!

    Keep guessing fellows!

    Regards Errol 43
     
  6. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

    Joined:
    Apr 13, 2011
    Messages:
    4,062
    Likes Received:
    17
    Trophy Points:
    38
    Location:
    Brisbane, Australia
    Sure, just like it was meant to last year....
     
  7. Argent47

    Argent47 Member

    Joined:
    May 27, 2012
    Messages:
    149
    Likes Received:
    0
    Trophy Points:
    16
    No one's talking about the potential war with Iran here. It could pop silver up to 60 or 70. It will also serve as a distraction for the US debt woes.
     
  8. Cimexus

    Cimexus Member

    Joined:
    Sep 23, 2011
    Messages:
    293
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Wisconsin, USA / Canberra, ACT
    Seriously doubt there will be a war with Iran this year. A couple of years down the track, maybe.
     
  9. Matthew 26:14

    Matthew 26:14 New Member

    Joined:
    Sep 3, 2010
    Messages:
    3,305
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Victoria
    $2,200 gold and a GSR of 40:1 has a silver price of $55 and I think thats still wishful thinking.
     
  10. TreasureHunter

    TreasureHunter Well-Known Member

    Joined:
    Oct 29, 2012
    Messages:
    4,499
    Likes Received:
    1,182
    Trophy Points:
    113
    Location:
    Treasure Island
    I hope it falls to 26-27 $ first, then later it goes that high...
     
  11. Load of Bullion

    Load of Bullion Well-Known Member

    Joined:
    Jul 10, 2009
    Messages:
    1,349
    Likes Received:
    49
    Trophy Points:
    48
    Location:
    Sydney
    $60!!! Pffftt get real ..Silver needs to consolidate for at least few more years at least. $26 - $37.50 range.
     
  12. mdh

    mdh New Member

    Joined:
    Oct 28, 2012
    Messages:
    32
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Melbourne
    $60 dollars priced in what? Certainly not AUD.

    Spot US prices don't mean much, AUDUSD rises to match it.

    Agree with Load of Bullion's assessment above (though I'd put the lower end at AUD$29)

    PS: shouldn't this be in the silver section
     
  13. Cinvalo

    Cinvalo Member

    Joined:
    Mar 19, 2010
    Messages:
    643
    Likes Received:
    18
    Trophy Points:
    18
    Location:
    NSW
    I think it is possible. For silver investing, i have the following philosophy

    If it goes up. Wonderful..If it doesn't...wonderful

    :)
     
  14. Court Jester

    Court Jester Well-Known Member Silver Stacker

    Joined:
    Jul 30, 2012
    Messages:
    3,502
    Likes Received:
    276
    Trophy Points:
    83
    Location:
    Gold Coast QLD
    wht stop at $60 lets hope for $200 silver
     
  15. mdh

    mdh New Member

    Joined:
    Oct 28, 2012
    Messages:
    32
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Melbourne
    If it is allowed to break $1800 USD (let alone $2000 USD) I'll be partying in the streets wearing red underpants on my head (even though I'm not part of Conroy's bandwidth auction.)

    Be happy with the bottom rising AUD$150 on trend a year, and you wont be disappointed.
     
  16. Ernster

    Ernster New Member

    Joined:
    Feb 19, 2010
    Messages:
    1,735
    Likes Received:
    0
    Trophy Points:
    0
    I have no idea what is going to happen to be honest.

    I'm feeling quite bearish on Silver at the moment.

    The price isnt doing what it should do and the economy isnt getting any better.

    I don't know why Silver would hit $60 this year.

    But who knows.....

    All I know is.....I'm not selling at this price point.
     
  17. southerncross

    southerncross Well-Known Member Silver Stacker

    Joined:
    Jul 26, 2012
    Messages:
    3,686
    Likes Received:
    365
    Trophy Points:
    83
    Location:
    All in your mind
    What a Load of bullion. Wake up and smell the QE.
     
  18. southerncross

    southerncross Well-Known Member Silver Stacker

    Joined:
    Jul 26, 2012
    Messages:
    3,686
    Likes Received:
    365
    Trophy Points:
    83
    Location:
    All in your mind
  19. Dustin

    Dustin New Member

    Joined:
    Jul 16, 2012
    Messages:
    191
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    America

    Last July I bought a bunch of junk silver off ebay, I'd say at least 30oz of which I paid spot or less.
     
  20. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,696
    Likes Received:
    4,456
    Trophy Points:
    113

Share This Page