WILL SILVER HIT $100 BY END OF YEAR?
- Thread starter fiddy mil
- Start date
More like $10
If so I'd be backing up the truck forradiobirdman said:
$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
petercamperdown
New Member
nope, my guess is staying in mid thirties. I hope I'm wrong
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.
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.
VERY possible!
PrettyPrettyShinyShiny
Well-Known Member
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.
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
When it all HTF, Gold and Silver will go to the moon as they say.
OC
somerset said:
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
petercamperdown said:
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.
goldpanner
New Member
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.
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
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.