Price of Silver Thread

[Budworth22]

Predictions of where it will go...
​

 

[Brooklynbomber]

$21-$26.....2008

 

[SSI]

my broker was drunk last wednesday night and absolutely begged me to buy a couple of futures contracts at ($16.00) per oz........ saw it hit $16.75 today,,,,,, that would have been a quick $7500 profit......

he says silver is in a 30yr cycle and will soar to $80 per oz before it stops..

but its a volatile commodity and there will be many pullbacks along the way........ not advised for the small commodity trader, unless your buying options and they are pricey......

 

[mickj]

my broker was drunk last wednesday night and
he says silver is in a 30yr cycle and will soar to $80 per oz before it stops..

What's your prediction?

 

[mickj]

Any other predictions?

 

[Fishhead]

MINIMUM $25.00 in 2008

 

[tanner12oz]

1 year-$26.00
5 year- $50
10 year-$120

 

[desrat]

From this point forward it depends on how far BENdover is willing to sink the dollar.

 

[DeathEatsaCracker]

1 year-$26.00
5 year- $50
10 year-$120

Your ten year prediction might be overstating it a bit, but the future is certainly bright for silver.

My advice to anyone who reads this is to start hoarding physical silver like a madman. It's still a bargain at around $20.

 

[mickj]

My advice to anyone who reads this is to start hoarding physical silver like a madman. It's still a bargain at around $20.[/quote]

Any specific recommendations?

 

[desrat]

Buy bullion from a reputable dealer. I really like APMEX; they have been great for me so far. Buy rounds .999 pure, no need to buy collector grade coins if you are buying as a play on the metal.

 

[Dawoofdaddy]

1 year-$26.00
5 year- $50
10 year-$120

1 year $25

5 year $80

10 year $150 +

:drink:

 

[Budworth22]

1 year $25

5 year $80

10 year $150 +

:drink:

Thats 25% growth a year.

 

[barelyworking]

My advice to anyone who reads this is to start hoarding physical silver like a madman. It's still a bargain at around $20.

Any specific recommendations?[/quote]


I use http://www.golddealer.com/

In addtion to rounds i have been buying 10 and 100 oz bars.

 

[DeathEatsaCracker]

Also look for a Gold and Silver shop if you live in a metro area. Here in Tulsa, I go to a shop bi-weekly and they have a big tray of .999 silver coins for $.35 over spot. Got lucky one day and cleaned them out of about 30 American Silver Eagles.

 

[Fishhead]

Purchased $2,800 worth of silver buying .999 silver medallions on Ebay when it was trading at $13.98 at the time........paid $2721 for the silver.

Will probably sell it above the spot price when the time comes to an innocent bystander.

 

[Timetopay]

Fellas is there a good silver mutual fund to buy instead of having to find silver shops and shit.

Any of you in a good silver fund?

 

[desrat]

SLV is the silver ETF
GLD is the gold ETF

 

[Rockiesrule]

In Michigan try Chelsea Rare Coin...in Chelsea ,Mich

They buy sell trade all bullion and rare coins......at good spreads....(800) 666 0348....Life Member ANA.....

 

[DeathEatsaCracker]

Fellas is there a good silver mutual fund to buy instead of having to find silver shops and shit.

Any of you in a good silver fund?

Look at CEF as well. About equal exposure between gold and silver.