We have just experienced a reasonably significant short-term retracement in Ag spot price. Many contributors to this forum have discussed concerns about an even greater short-term decline before moving to higher future spot prices as the monetarisation process ramps up. To to get an understanding of the overall sentiment of this forum (an informed or at least considered group), may I ask what the concensus view on a twelve month spot target price is in AUD?
no one knows. If they think they do, they are lying. Give you an idea what I predicted silver to rise to by year end - I thought $47 by the end of dec. In feb I thought we'd get to $40 by August.... I wouldn't be surprised if we get to $60, give or take, by the end of the year. I really hope its not quite that much, though. PPSS (another Novocastrian)
That is the joy of Silver. We live in VERY interesting times. Went thru the rise & fall of 2008. I am holding not selling. Keeping fiat dry for what comes along (if it drops a LOT). There is a LOT of white noise going on, but the BASIC truth of the death of fiat rings true. How hot can a printing press run? Every stacker is different in goals & reasons. Look @ the bigger global picture. Stack Honey. Tell your loved ones you love them. Enjoy the ride & SS forum.
Damn, you caught me out! I'm going make a big fat lie and say it will end over $70. Soon after, GFC2 will occur and it will drop to around $36. *pants lights up on fire*
I couldn't care less what it is. I've got my initial investment back so whatever happens I'll be in a profitable position as far as silver is concerned. I've also invested half my silver proceeds into the "smart money" stage of something else and will be putting the rest towards a little cashflow business idea. I certainly wont be losing any sleep over the spot price of silver. C
I've already said if silver drops to $30-32/oz i'll be selling my car and using the money to buy silver.
I reckon if it drops to $1 it'd be prudent to sell your liver and using the money to buy silver THIS IS NOT FINANCIAL ADVICE. DO YOUR OWN RESEARCH.
Nah, it'd be too hard to store. I'd go straight for gold at those prices - assuming the GSR stays under record highs that would mean sub $100 gold...
does anyone have opinions on, or give credence to Lindsey Williams http://lindseywilliams101.blogspot.com/ (very frustrating to listen to - assumes his audience is IQ around 80) but he says 'the elite' have planned silver to go to 80-100 per oz as oil heads to 200 a barrel. Since his so called 'insider' information seems to have been correct in the long term. (tho why he would be blessed with 'insider' news is beyond me - he seems like a boring old fart) I'm inclined to take his perspective (with the necessary grains of salt of course). Seems to tie up with what I've read elsewhere - tho short term silver is down for the count. Opinions?
I bought his dvd on eBay " the next 12 months " and in it he talks about Oil rising to over $150 and maybe $200 and than FALLING to $50 - according to him $50 a barrel for oil will be devastating to the middle eastern economies.
Yes I heard that bit - destroying the US dollar, impoverishing the current oil producers, putting the Muslim Brotherhood into power, the Saudi kings are the last to go and then it's NWO time. Protect yourself with gold and silver and trade it in for NWO currency when the dust settles. Are the DVDs any more concise (he has difficulty sticking to the point and his delivery is like 'Days of our Lives').
