Predict The New Silver Low

Discussion in 'Silver' started by SilverDJ, Jul 9, 2017.

  1. SilverDJ

    SilverDJ Well-Known Member

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    What are everyone's predictions for the new silver low for the rest of the year?
    I think it will crack US$14, because, reasons...
     
  2. Davros10

    Davros10 Well-Known Member Silver Stacker

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    I think we've just seen it and now heading backup to US$21
     
  3. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    Me thinks so too.
     
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  4. StewyD32

    StewyD32 Well-Known Member Silver Stacker

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    And down they go. $20.34 ATM. I don't think It will touch past $20.20
     
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  5. bretto

    bretto Active Member

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    18.50 US
     
  6. SilverDJ

    SilverDJ Well-Known Member

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    FYI I'm not asking what price you think silver will be in 6 months time, but what is the lowest value we'll see in the next 6 months. i.e. "the bottom".
    It's already hit US$15.50, so predictions have to be that number (if you think it's at rock bottom now) or lower if you think it's going to keep going down.
     
  7. Gullintanni

    Gullintanni Well-Known Member

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    $13.67 USD.
     
  8. bretto

    bretto Active Member

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  9. Gullintanni

    Gullintanni Well-Known Member

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    You kinda hedging your bets?
    What is it $18.50 AUD or USD?
     
  10. bretto

    bretto Active Member

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    18.50 Au Dollars
     
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  11. swoydaz

    swoydaz Well-Known Member Silver Stacker

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    I think we are at about as low as it's going to be in a long time.
    I think there is 10% plus upside not too far away.
    This is gut feeling. Completely unfounded. Not investment advice.
     
    Last edited: Jul 10, 2017
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  12. bretto

    bretto Active Member

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    Looks like we will be under 20 dollars very shortly!!!!!
     
  13. Greg Williams

    Greg Williams Well-Known Member Silver Stacker

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    Totally agree but I think 10% is very modest
     
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  14. Davros10

    Davros10 Well-Known Member Silver Stacker

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    Didn't we flash crash down 11% in 1 night?
     
  15. SilverGull

    SilverGull Member

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    $19.27 AUD (Aussie dollars)
     
  16. willrocks

    willrocks Well-Known Member Silver Stacker

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    $17.45 AUD
     
  17. billybob888

    billybob888 Well-Known Member Silver Stacker

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    Because of fed's quantitative tightening.

    Global economy appears sluggish and silver's industrial demand might drag it down
     
  18. tolly_67

    tolly_67 Well-Known Member

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    There are still better investment options in the world (at the moment) other than silver. I like Gullintanni's prediction of $13.67 U.S..
    I am on a prediction free sabbatical at the moment due to my previous embarrassments. I am, however, allowed the freedom of liking others predictions.
     
  19. Seven of nine

    Seven of nine Active Member

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    I don't think it will go below $20 AUD in 6 months time. I think it will be between $20 - $23 AUD due to a gut feeling based on previous pricing. Also I think the main reason behind the silver low price has already happened and is not likely to happen again in 6 months time, so from now on it will either go sideways or up not down. Just my thoughts though no one can accurately predict the future silver and gold prices, many so called professionals have got it wrong in the past so my amateur guess is only that - a guess(timate)
     
    Last edited: Jul 13, 2017
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  20. Aeroforce

    Aeroforce New Member

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    $15.50 that we already hit.
     

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