Could silver reach 30$AUD in the next 6 months?

B

bland

New Member
Do you think this might occur?

If it did start to creep up do any of you have a point in mind at which you would sell bullion.

would you sell at $28 or hang on, would you sell at $31 thinking that would be a reasonable peak?

or is this a false dawn and we'll be seeing $22 again soon.
 
it could reach even $40

P.S. I'm selling and buying constantly ... have my core position which I'm slowly increasing and have no intentions of selling until silver will be priced at GSR 12:1 or until I'll have a better option
 
bland said:
Do you think this might occur?

If it did start to creep up do any of you have a point in mind at which you would sell bullion.

would you sell at $28 or hang on, would you sell at $31 thinking that would be a reasonable peak?

or is this a false dawn and we'll be seeing $22 again soon.
Click to expand...


NO silver wont reach $30 in the next 6 months
 
you bet.

ask yourself, would you sell before it reach that 48.50?

no way, cos many people were buying!, with few exception sellers. :)

will you sell? way below that price?... don't ask ever again. if you want to sell it, then put up a post to sell.

rawdogletard is buying by the monsters boxes :)
 
bland said:
Do you think this might occur?

If it did start to creep up do any of you have a point in mind at which you would sell bullion.

would you sell at $28 or hang on, would you sell at $31 thinking that would be a reasonable peak?

or is this a false dawn and we'll be seeing $22 again soon.
Click to expand...

Hell yes it will hit $30 by 6 months, No I would not sell at $28 and no I would not sell at $31 no way. We wont be seeing $22 again any time soon if we do it will be shooting up like a rocket soon after.

All this talk about triple digits, look at its history, yes it peaks, drops, peaks, drops, but it has constatly gone up over the years. Check out the last 10+ years i randomly looked now and found a graph from 2001 and silver has traded higher every single year than the previous year except this year with the exception of 2008 when it traded for about the same.... means its peak has not happened! Fair enough last year was a huge peak but right now we are lower than 2008's peak!!! Come on!! Silver is only going one way people and that is UP!!!!!!! This years drop, from its peak to where it is is now is the biggest drop I have ever seen in any one year! Silver has a LOT of recovering to do... A LOT. That is good NEWS!!! its ripe for a big rise! it was higher in 2008 people ! we are in 2013!! Can only be good and has to be better then ever before! We are going forward not backwards everything costs more, everything is more expensive and there is less and less silver in the earth, all the silver that is used in electronics around the world etc is gone and gone for ever... If you dont own some, GET some!!! All I can say is, no matter the outcome this year 2014 will be a wonderful year for silver one which I suspect will surprise us all and one that will be remembered.. Get it while its HOT!
 
pokerfien said:
bland said:
Do you think this might occur?

If it did start to creep up do any of you have a point in mind at which you would sell bullion.

would you sell at $28 or hang on, would you sell at $31 thinking that would be a reasonable peak?

or is this a false dawn and we'll be seeing $22 again soon.
Click to expand...

Hell yes it will hit $30 by 6 months, No I would not sell at $28 and no I would not sell at $31 no way. We wont be seeing $22 again any time soon if we do it will be shooting up like a rocket soon after.

All this talk about triple digits, look at its history, yes it peaks, drops, peaks, drops, but it has constatly gone up over the years. Check out the last 10+ years i randomly looked now and found a graph from 2001 and silver has traded higher every single year than the previous year except this year with the exception of 2008 when it traded for about the same.... means its peak has not happened! Fair enough last year was a huge peak but right now we are lower than 2008's peak!!! Come on!! Silver is only going one way people and that is UP!!!!!!! This years drop, from its peak to where it is is now is the biggest drop I have ever seen in any one year! Silver has a LOT of recovering to do... A LOT. That is good NEWS!!! its ripe for a big rise! it was higher in 2008 people ! we are in 2013!! Can only be good and has to be better then ever before! We are going forward not backwards everything costs more, everything is more expensive and there is less and less silver in the earth, all the silver that is used in electronics around the world etc is gone and gone for ever... If you dont own some, GET some!!! All I can say is, no matter the outcome this year 2014 will be a wonderful year for silver one which I suspect will surprise us all and one that will be remembered.. Get it while its HOT!
Click to expand...

you are cherry picking data to support your flawed argument

long term silver has stayed pretty flat there has been periods of 20+years that it has traded within a few $$ range

also over the last 2 years it has clearly been trending downwards with each "spike" up lower than the last

Silver is now and even @ $21 an ounce overpriced

General prices between 2008 - 2011 did not inflate 400% ($10 to $40+ ) silver is over priced atm and seeing $30+ long term stable price is a pipe dream in the near future

Despite what people on here want you to believe Silver is a commodity and NOT money any more and needs to be viewed as such.
 
Court Jester said:
pokerfien said:
bland said:
Do you think this might occur?

If it did start to creep up do any of you have a point in mind at which you would sell bullion.

would you sell at $28 or hang on, would you sell at $31 thinking that would be a reasonable peak?

or is this a false dawn and we'll be seeing $22 again soon.
Click to expand...

Hell yes it will hit $30 by 6 months, No I would not sell at $28 and no I would not sell at $31 no way. We wont be seeing $22 again any time soon if we do it will be shooting up like a rocket soon after.

All this talk about triple digits, look at its history, yes it peaks, drops, peaks, drops, but it has constatly gone up over the years. Check out the last 10+ years i randomly looked now and found a graph from 2001 and silver has traded higher every single year than the previous year except this year with the exception of 2008 when it traded for about the same.... means its peak has not happened! Fair enough last year was a huge peak but right now we are lower than 2008's peak!!! Come on!! Silver is only going one way people and that is UP!!!!!!! This years drop, from its peak to where it is is now is the biggest drop I have ever seen in any one year! Silver has a LOT of recovering to do... A LOT. That is good NEWS!!! its ripe for a big rise! it was higher in 2008 people ! we are in 2013!! Can only be good and has to be better then ever before! We are going forward not backwards everything costs more, everything is more expensive and there is less and less silver in the earth, all the silver that is used in electronics around the world etc is gone and gone for ever... If you dont own some, GET some!!! All I can say is, no matter the outcome this year 2014 will be a wonderful year for silver one which I suspect will surprise us all and one that will be remembered.. Get it while its HOT!
Click to expand...

you are cherry picking data to support your flawed argument

long term silver has stayed pretty flat there has been periods of 20+years that it has traded within a few $$ range

also over the last 2 years it has clearly been trending downwards with each "spike" up lower than the last

Silver is now and even @ $21 an ounce overpriced

General prices between 2008 - 2011 did not inflate 400% ($10 to $40+ ) silver is over priced atm and seeing $30+ long term stable price is a pipe dream in the near future

Despite what people on here want you to believe Silver is a commodity and NOT money any more and needs to be viewed as such.
Click to expand...

How am I cherry picking my data??? lol I said the past 10 years every single year the peak of each year was higher than the lasts.... that's fact not cherry picking lol look up a chart.... last 2 years each spike up lower than the lasts you say... umm pretty sure 2011's spike was the biggest spike since 1980 dude lol and since then after such a big spike its obvious it will trade down some what and re adjust for a period before its next spike that's how it has always worked, all precious metals... You say there has been periods in the last 20 years where silver has traded with in a few $$ range ... well duh like everything but in that same amount of time you mention how much has silver risen?? lol. If you don't like silver fair enough but don't come here and try poison people with bullshit facts are facts and history is history, you cant change what happened because you don't like silver nor can you change its current course or its future... And silver is under priced not over priced read anywhere that is all you will find. Are you irish? anyway YAY for Silver!!
 
pokerfien said:
Court Jester said:
pokerfien said:
Hell yes it will hit $30 by 6 months, No I would not sell at $28 and no I would not sell at $31 no way. We wont be seeing $22 again any time soon if we do it will be shooting up like a rocket soon after.

All this talk about triple digits, look at its history, yes it peaks, drops, peaks, drops, but it has constatly gone up over the years. Check out the last 10+ years i randomly looked now and found a graph from 2001 and silver has traded higher every single year than the previous year except this year with the exception of 2008 when it traded for about the same.... means its peak has not happened! Fair enough last year was a huge peak but right now we are lower than 2008's peak!!! Come on!! Silver is only going one way people and that is UP!!!!!!! This years drop, from its peak to where it is is now is the biggest drop I have ever seen in any one year! Silver has a LOT of recovering to do... A LOT. That is good NEWS!!! its ripe for a big rise! it was higher in 2008 people ! we are in 2013!! Can only be good and has to be better then ever before! We are going forward not backwards everything costs more, everything is more expensive and there is less and less silver in the earth, all the silver that is used in electronics around the world etc is gone and gone for ever... If you dont own some, GET some!!! All I can say is, no matter the outcome this year 2014 will be a wonderful year for silver one which I suspect will surprise us all and one that will be remembered.. Get it while its HOT!
Click to expand...

you are cherry picking data to support your flawed argument

long term silver has stayed pretty flat there has been periods of 20+years that it has traded within a few $$ range

also over the last 2 years it has clearly been trending downwards with each "spike" up lower than the last

Silver is now and even @ $21 an ounce overpriced

General prices between 2008 - 2011 did not inflate 400% ($10 to $40+ ) silver is over priced atm and seeing $30+ long term stable price is a pipe dream in the near future

Despite what people on here want you to believe Silver is a commodity and NOT money any more and needs to be viewed as such.
Click to expand...

How am I cherry picking my data??? lol I said the past 10 years every single year the peak of each year was higher than the lasts.... that's fact not cherry picking lol look up a chart.... last 2 years each spike up lower than the lasts you say... umm pretty sure 2011's spike was the biggest spike since 1980 dude lol and since then after such a big spike its obvious it will trade down some what and re adjust for a period before its next spike that's how it has always worked, all precious metals... You say there has been periods in the last 20 years where silver has traded with in a few $$ range ... well duh like everything but in that same amount of time you mention how much has silver risen?? lol. If you don't like silver fair enough but don't come here and try poison people with bullshit facts are facts and history is history, you cant change what happened because you don't like silver nor can you change its current course or its future... And silver is under priced not over priced read anywhere that is all you will find. Are you irish? anyway YAY for Silver!!
Click to expand...


lol your facts are bull shit you had better check them again

it has been 2 years since the 2011 spike and since then it has been trending down down down so yes over the last 2 years each spike up has been lower.

and yes it had risen since 2008 but that growth was un sustainable i.e. 400% increase to the peak in 2011 when general prices did not increase by that much it is idiotic to think that the silver price will stay artificially high like that. IT is still over priced at its current level. I.e. it wont continue to go up like it has as it is still stupidly high. Silver again is NOT money it is a commodoty.

from 1985 - 2005 exactly 20 years silver basically did sweet fuck all and before that from the 1910-1970's it hardly moved ( until it was artificially minuplated by the hunt brothers )

like I said if you think it is going to do to da moon (tripple digits) any time soon you have bloody rocks in your head
 
Lol court jester and what has it done since 2005?? Hell since 2001..?? Gone up consistantly every year until the peak in 2011 at $49 ofcourse its goin to drop before going up again lol that much is obvious. You are trying to down play 10+ Years of consistant rises and peaks each and every year??? Lol who are you kidding!? Obviously no one here, earlier house offered you to put you money where your mouth is about another rant of yours for 100oz and some one else also offered you out on that so make good before you talk bs claims based on before 10 years back before silver rose for 10+ which by theway is a pathetic claim. Figures don't lie anything may happen I don't know neither do you but for longer than 10 years silver moved in only one direction year to year and that was up. You say its over priced well must still be doing pretty damn well then! Sorryyou made a bad call and bought at the $40 mark back in 2011 I can see it has made you sour. Your right I dont see triplefigures but it sure as shit is gonna move up from its recent dip :)
 
Here's what I actually think it's likely we'll be seeing (with associated caveats) (bear in mind, this is only my own personal view):

(1) If India does indeed lease out 200 tonnes of gold into the physical supply chain, this may cause a downward trend in gold prices, and silver may downtrend with it. This will be short term, and it's hard for me to see the percentage of pullback we may see in price. If this happens, I'll be buying that dip (over and above regular purchases).

(2) Irrespective of the above, it's becoming clearer that the paper price of gold and silver is diverging from the physical acquisition price, perhaps reflective of the amount of "fake gold" that exists in the form of paper gold unbacked by physical bullion. I expect this trend to continue, thus I am placing less personal "value" in the chart numbers.

(3) I am seeing an increasing number of "bad news" stories world wide - Europe, where things haven't improved (they just managed to keep out of most of the headlines for a while) is starting to "ramp up" again, the US hasn't improved any, and the news continues to come in along the same lines. At some point, the music has to stop, and only a few will find a chair to sit upon - the rest, with their fiat currencies, will all fall down.

(4) Whether silver, in the short term, reaches $30, more, or less, to me matters none - I intend to trade out of my PM position at a time of choice into other assets, and certainly never into unbacked fiat currencies.
 
bland said:
Do you think this might occur?
Click to expand...

Absolutely it might occur.

It might also fall back under $20

It might also just go sideways for 6 months.


Ask yourself this - if anybody here really knew a way to accurately predict the price of silver (or anything for that matter), would they be wasting their time posting on this forum telling you about it ?
 
pokerfien said:
Lol court jester and what has it done since 2005?? Hell since 2001..?? Gone up consistantly every year until the peak in 2011 at $49 ofcourse its goin to drop before going up again lol that much is obvious. You are trying to down play 10+ Years of consistant rises and peaks each and every year??? Lol who are you kidding!? Obviously no one here, earlier house offered you to put you money where your mouth is about another rant of yours for 100oz and some one else also offered you out on that so make good before you talk bs claims based on before 10 years back before silver rose for 10+ which by theway is a pathetic claim. Figures don't lie anything may happen I don't know neither do you but for longer than 10 years silver moved in only one direction year to year and that was up. You say its over priced well must still be doing pretty damn well then! Sorryyou made a bad call and bought at the $40 mark back in 2011 I can see it has made you sour. Your right I dont see triplefigures but it sure as shit is gonna move up from its recent dip :)
Click to expand...

lol
 
I made a post a few weeks back, asking if it'd go to $30 USD or $13 in the next 6 months.

I don't think either will happen, but it's not absolutly crazy to think that $30 won't be hit. It was there late last year, it can certaintly repeat itself.

It's helping that the stock market is tanking the past few weeks...
 
Court Jester said:
pokerfien said:
Court Jester said:
you are cherry picking data to support your flawed argument

long term silver has stayed pretty flat there has been periods of 20+years that it has traded within a few $$ range

also over the last 2 years it has clearly been trending downwards with each "spike" up lower than the last

Silver is now and even @ $21 an ounce overpriced

General prices between 2008 - 2011 did not inflate 400% ($10 to $40+ ) silver is over priced atm and seeing $30+ long term stable price is a pipe dream in the near future

Despite what people on here want you to believe Silver is a commodity and NOT money any more and needs to be viewed as such.
Click to expand...

How am I cherry picking my data??? lol I said the past 10 years every single year the peak of each year was higher than the lasts.... that's fact not cherry picking lol look up a chart.... last 2 years each spike up lower than the lasts you say... umm pretty sure 2011's spike was the biggest spike since 1980 dude lol and since then after such a big spike its obvious it will trade down some what and re adjust for a period before its next spike that's how it has always worked, all precious metals... You say there has been periods in the last 20 years where silver has traded with in a few $$ range ... well duh like everything but in that same amount of time you mention how much has silver risen?? lol. If you don't like silver fair enough but don't come here and try poison people with bullshit facts are facts and history is history, you cant change what happened because you don't like silver nor can you change its current course or its future... And silver is under priced not over priced read anywhere that is all you will find. Are you irish? anyway YAY for Silver!!
Click to expand...


lol your facts are bull shit you had better check them again

it has been 2 years since the 2011 spike and since then it has been trending down down down so yes over the last 2 years each spike up has been lower.

and yes it had risen since 2008 but that growth was un sustainable i.e. 400% increase to the peak in 2011 when general prices did not increase by that much it is idiotic to think that the silver price will stay artificially high like that. IT is still over priced at its current level. I.e. it wont continue to go up like it has as it is still stupidly high. Silver again is NOT money it is a commodoty.

from 1985 - 2005 exactly 20 years silver basically did sweet turtle all and before that from the 1910-1970's it hardly moved ( until it was artificially minuplated by the hunt brothers )

like I said if you think it is going to do to da moon (tripple digits) any time soon you have bloody rocks in your head
Click to expand...


Your posts are getting old...in a bad way. You're cherry picking your stats, and are leaving out vital information. I believe silver is undervalued, for a host of reasons. You clearly think Silver should be $8 or some shit...even with inflation, and with a world recession. It was $49 a few years back, which is equivalent to $54 today...it's crazy not to think it can't go back. Especially with the stock market sitting on a HUGE bubble, and world debt increasing by the second. I'm neither a permabull, bear, bunny rabbit, dog, cat, whatever...but, the fact that you're not even discussing inventory levels, an increasing demand (from 20 years ago), a decreasing supply (this is a pretty important piece of information) means you're clearly a permanegativeforlife on silver.

You seem super testy...defensive, and it shows in every post you ever make about Silver.
 
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