WILL SILVER HIT $100 BY END OF YEAR?

Discussion in 'Silver' started by fiddy mil, Jun 5, 2011.

  1. fiddy mil

    fiddy mil New Member

    Joined:
    May 25, 2011
    Messages:
    16
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    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...:/
     
  2. boston

    boston Well-Known Member Silver Stacker

    Joined:
    Jul 7, 2009
    Messages:
    3,857
    Likes Received:
    24
    Trophy Points:
    48
    Location:
    Australia
    No.
     
  3. radiobirdman

    radiobirdman Well-Known Member Silver Stacker

    Joined:
    Apr 26, 2011
    Messages:
    2,260
    Likes Received:
    83
    Trophy Points:
    48
    More like $10
     
  4. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

    Joined:
    Jun 5, 2010
    Messages:
    15,809
    Likes Received:
    2,602
    Trophy Points:
    113
    Location:
    here there everywhere
    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
     
  5. Comper100

    Comper100 Member

    Joined:
    Nov 16, 2010
    Messages:
    192
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Adelaide
    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.
     
  6. petercamperdown

    petercamperdown New Member

    Joined:
    Apr 10, 2011
    Messages:
    505
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Sydney, NSW, Australia
    nope, my guess is staying in mid thirties. I hope I'm wrong
     
  7. somerset

    somerset Member Silver Stacker

    Joined:
    May 18, 2011
    Messages:
    281
    Likes Received:
    6
    Trophy Points:
    18
    Location:
    NSW
    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.
     
  8. Old Codger

    Old Codger Active Member Silver Stacker

    Joined:
    May 13, 2011
    Messages:
    4,782
    Likes Received:
    5
    Trophy Points:
    38
    VERY possible!
     
  9. PrettyPrettyShinyShiny

    PrettyPrettyShinyShiny Well-Known Member

    Joined:
    Feb 20, 2011
    Messages:
    1,262
    Likes Received:
    60
    Trophy Points:
    48
    Location:
    NSW
    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.
     
  10. renovator

    renovator Well-Known Member

    Joined:
    Jan 20, 2011
    Messages:
    6,989
    Likes Received:
    83
    Trophy Points:
    63
    Location:
    QLD
    No .. iL be happy if im wrong though ...very happy
     
  11. Dynoman

    Dynoman Active Member

    Joined:
    Oct 19, 2010
    Messages:
    1,448
    Likes Received:
    5
    Trophy Points:
    38
    Location:
    Geraldton
    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 :)
     
  12. Old Codger

    Old Codger Active Member Silver Stacker

    Joined:
    May 13, 2011
    Messages:
    4,782
    Likes Received:
    5
    Trophy Points:
    38
    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
     
  13. thatguy

    thatguy Active Member

    Joined:
    Jan 18, 2011
    Messages:
    5,805
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Brisbane
  14. Ag

    Ag Well-Known Member Silver Stacker

    Joined:
    Jan 30, 2010
    Messages:
    1,394
    Likes Received:
    43
    Trophy Points:
    48
    Location:
    QLD
    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
     
  15. Cinvalo

    Cinvalo Member

    Joined:
    Mar 19, 2010
    Messages:
    643
    Likes Received:
    18
    Trophy Points:
    18
    Location:
    NSW
    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]
     
  16. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    13,064
    Likes Received:
    3,292
    Trophy Points:
    113
    Location:
    Australia
    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.
     
  17. goldpanner

    goldpanner New Member

    Joined:
    May 12, 2011
    Messages:
    580
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Beyond the Black Stump....
    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.
     
  18. Aengrod

    Aengrod Member

    Joined:
    Jan 23, 2011
    Messages:
    877
    Likes Received:
    1
    Trophy Points:
    16
    Location:
    Thingamajigland [Europe]
    If you think of 100$ per ounce by the end year listen to what Jim Roger has to say about it. Nuff said.
     
  19. Ag

    Ag Well-Known Member Silver Stacker

    Joined:
    Jan 30, 2010
    Messages:
    1,394
    Likes Received:
    43
    Trophy Points:
    48
    Location:
    QLD
    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 :)
     
  20. sammysilver

    sammysilver Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,992
    Likes Received:
    6,702
    Trophy Points:
    113
    Location:
    Sydney
    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.
     

Share This Page