CoinsAreFun

US Coins, World Coins, and More => Bullion, Silver and Gold, PM market => Topic started by: coinsarefun on May 30, 2011, 06:53:59 PM

Title: Now where is silver headed?
Post by: coinsarefun on May 30, 2011, 06:53:59 PM

After the latest run up and sharp drop/adjustment where is it headed?

Will it stabilize? Or continue a slow rise?

Title: Re: Now where is silver headed?
Post by: AnkurJ on May 30, 2011, 09:31:30 PM

I will predict it will hit $45 soon, and then there will be another major sell off bring it back down to $38.

Title: Re: Now where is silver headed?
Post by: coinsarefun on May 30, 2011, 10:04:25 PM

Quote from: AnkurJ on May 30, 2011, 09:31:30 PM

I will predict it will hit $45 soon, and then there will be another major sell off bring it back down to $38.

I have been thinking about the same line of thought as you. The only
difference being it may even drop to $30 and stay for awhile

Title: Re: Now where is silver headed?
Post by: walmann on May 31, 2011, 10:13:26 PM

With the government printing money the way they are (monetarizing the national debt) it looks like silver and any commodity of value for that matte,r will be on a upward climb. If it gets bad enough people will learn not to hold dollars, move it into some other vehicle that will retain value.

Title: Re: Now where is silver headed?
Post by: coinsarefun on December 10, 2012, 12:06:51 PM

Lets revisit and discuss ;)