I remember the time when 1 oz silver cost 45 $...

Discussion in 'Silver' started by TreasureHunter, Jul 13, 2015.

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  1. -j-p-shmorgan

    -j-p-shmorgan New Member

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    I REALLY don't think it'll be able to drop below $13 usd. I just don't see it happening.
    Some consolidation around $14-$15 before a big rally is more likely. lol
     
    -j-p-shmorgan, Jul 17, 2015
    #61
  2. theFNG

    theFNG New Member

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    $13 is what my personal research shows as near a bottom. But I'm not anybody.
     
    theFNG, Jul 17, 2015
    #62
  3. mmissinglink

    mmissinglink Active Member

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    Agreed with most of those points. Also, let's not forget that demand has not kept pace with supply the last time I looked at figures from the AgInstute. So ergo there won't even need to be this so called price manipulation down in order for prices to slowly consolidate (drop)....seems like free market supply-demand might be all that's required. That, and production costs for an ounce of silver has been dropping as well.


    It means fasten your seat belt Dorothy, 'cause "silver-to-da-moon" more surely than ever before is going bye-bye. Look out below!



    .




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    mmissinglink, Jul 17, 2015
    #63
  4. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    It was a fruitless dream/wish I had of seeing $8 silver. I think much the same you. $13 to 14 is the lowest it would ever go down , then upwards is my opinion.
     
    Skyrocket, Jul 17, 2015
    #64
  5. sterling-nz

    sterling-nz Well-Known Member

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    JPM , you are such a tease:)
     
    sterling-nz, Jul 17, 2015
    #65
  6. -j-p-shmorgan

    -j-p-shmorgan New Member

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    One can dream, yeah?? lol
     
    -j-p-shmorgan, Jul 17, 2015
    #66
  7. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    We have the added complication of exchange rate moves to factor in.
     
    SpacePete, Jul 18, 2015
    #67
  8. hamannmj

    hamannmj New Member

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    $8 silver would be great! I could reach my goal of 10,000 oz and then sit and wait for $40 silver again!
     
    hamannmj, Jul 18, 2015
    #68
  9. -j-p-shmorgan

    -j-p-shmorgan New Member

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    Why not buy at $8/oz and sell at $150/oz? :)
     
    -j-p-shmorgan, Jul 18, 2015
    #69
  10. hamannmj

    hamannmj New Member

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    Or, perhaps buy at $2/oz and sell at $300/oz ?

    Ooh...I likey!

    I'd like to think I'll see $40 again before I retire in 18 years. If not, oh well...I'll slowly start cashing in my stack and enjoy myself in some South American country

    Silver has risen from less than 1% of my investment portfolios, to over 15% the past year. I don't want to get TOO involved...but, at these prices...and falling...I may see 25%!

    Kind of scary...but, again.. I have 18 years.
     
    hamannmj, Jul 18, 2015
    #70
  11. -j-p-shmorgan

    -j-p-shmorgan New Member

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    If you sell too early, you could miss out on something amazing.
    Within 18 years, you are almost guaranteed to see it over $40 ... :)
     
    -j-p-shmorgan, Jul 18, 2015
    #71
  12. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    $40 will be considered a bargain. In 30 years I predict massive demand as the world's supply of gold and silver is bought by Apple to plate robot iBodies.
     
    SpacePete, Jul 18, 2015
    #72
  13. sterling-nz

    sterling-nz Well-Known Member

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    That would be a wet dream for me.
    We property we could sell up north and ink it all into silver at that price.
    I would have a little trouble trying to make the missus understand there is , only so much upside left on those properties .(IMO)
    But silver will certainly hit $20's 30s' 40's again and as we are in our 30's will will see those times
     
    sterling-nz, Jul 18, 2015
    #73
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