Predict The New Silver Low

SilverDJ

SilverDJ

Well-Known Member
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...
 
bretto said:
18.50 US
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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.
 
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.
 
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18.50Aud

Because of fed's quantitative tightening.

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