Do u think silver will get to $100 by december this year? If I could stack 300 oz before hand i'd make 30k by xmas.... if silver did move to $100+?? It'd mean a lot less blood and sweat for a property deposit...:/
If so I'd be backing up the truck for $10 silver coins The last hype was for $80 oz by the end of June Not going to happen $100 oz end of the year ,it would have to triple in value in 6 months But my crystal ball is a bit fogy
Got a feeling we'll be waiting a little longer than December for $100. I took have the same idea's as you but not for a few years yet.
I'd say we'll hit the $50s at least twice before year end... it's going to be tough to overcome the crazy month that was May. If silver goes to $100 - I wouldn't buy a property at that stage, something funky must be happening! My philosophy is precious metals = wealth protection.
Nup. If it does, however, sell EVERYTHING you have. Because you sure as hell know it will be due to market manipulation. just my honest opinion.
Since the market lost 20% recently new investors are shy to invest along with Comex margin increases will most likely put Silver in a holding pattern for another six months. Yippee
If the Yanks can keep this crazy game going much longer I will be very surprised. I hope they can for my sake, but i doubt they will. When it all HTF, Gold and Silver will go to the moon as they say. OC
Think this is close to the money - $50/oz will be a bastard of a resistance level being around the old time high plus Mays result...saying that ONCE is breaks, think it will follow Gold when at $850 (approx its old all time high) - will run $60-$80 pretty quickly... So answer to the post question - no, but think the $60 to $80 range will be the result by Dec 2011... Too much yet unknown like QE3?, what margin increases on COMEX for Silver?,US ceiling debit lifted by what amount?, etc Personally,I'm off buying from $50/oz - if you don't have your stack together by then,your part of the 'bubble' buyers
Ask Mike Maloney. He got it 100% right last year. silver is $30 last year end. [youtube]http://www.youtube.com/watch?v=YY0rg8fIhf0[/youtube]
I agree, with some fluctuations. The general double dip world wide etc coupled with the inevitable re-elect Obama largesse and sweet election year gifts to keep their man in power will balance each other out. If not, it's $10 or $100 depending on Euro, Sovereign debts, Oil prices and what falls off the commodity cliff. Gold and Silver are the only value for big fiat holders in a debased fiat future, so they're not giving the sheep any if they can avoid it.
If we could only predict the future we could be miilionaires! We can only go on gut feeling and mine is that after the last sell off there will be another sell off if it reaches $50 again this year - but if it goes past 50 then it will keep going up, I think more probably it will pass 50 next year.
If you think of 100$ per ounce by the end year listen to what Jim Roger has to say about it. Nuff said.
I love what Mike Maloney says in most things, but think his $100/oz by years end is optimistic...more mid 2012... No where in his league of knowledge...thrilled to be wrong...but certainly think gains from here is my 'no brainer'...we all just had a great chance to load up recently...if you didn't then you've got 10 fold the balls then me
You're caught between the devil and the deep blue sea. If silver hits $100, it doesn't jump from $34 to $100, it will be incremental. Will you be buying at $80 an ounce? Be glad it's low at the moment and just buy. The fundamentals indicate it will rise, when really doesn't matter.