Silver Prices

[fl57caveman]

http://www.fool.com/investing/2016/...iner-says-silver-is-going-to-140.aspx?ref=yfp

Is silver really in such short supply that not only could it double in value from its current price, but triple or even quadruple? First Majestic Silver (NYSE:AG) CEO Keith Neumeyer says you would be crazy to think silver will be trading at $30 or $50 per ounce within the next few years. Nope, instead he believes silver will hit $140 per ounce, a ninefold increase from where it stands today.

 

[FrankT]

I am rich! I am rich!! Next week I will discount to all of you my silver @ $100 an ounce, a real deal of a lifetime!

 

[wildrider666]

So there is this guy that wants to sell you a bridge, you can put up a toll booth and make a lot of money. Same guy is CEO of a gold/silver business tells you buy more now, you will make a lot of money later. You can find side articls that his Shareholders are making great profits. Hummmm?

 

[fl57caveman]

So there is this guy that wants to sell you a bridge, you can put up a toll booth and make a lot of money. Same guy is CEO of a gold/silver business tells you buy more now, you will make a lot of money later. You can find side articls that his Shareholders are making great profits. Hummmm?

yes, he does have a vested interest in being a silver pumper, but the fundamentals for silver growth remain strong...my little stack is still above water...


http://www.gold-eagle.com/article/gold-fibonacci-lines-and-silver-rounding-bottom

 

[shootnstarz]

No offense Cave but I've been hearing $50 - $200 an ounce since I got into Ag, and it's always "by the end of the year". Should it actually go up to $50 finding anybody to buy it from you will be a challenge. I hope I'm wrong and I still believe silver's price is being artificially kept low for some reason but I'm holding on to my roll of silver dimes for when opukepile crashes the economy this summer and declares martial law.

Rick

 

[fl57caveman]

No offense Cave but I've been hearing $50 - $200 an ounce since I got into Ag, and it's always "by the end of the year". Should it actually go up to $50 finding anybody to buy it from you will be a challenge. I hope I'm wrong and I still believe silver's price is being artificially kept low for some reason but I'm holding on to my roll of silver dimes for when opukepile crashes the economy this summer and declares martial law.

Rick

yes, that is the nature of silver...I held when it went to almost $50 a few yrs ago, & bought all the dips down to present level....support seems to be holding, time to buy again I think.

missed the time to exchange silver for gold, when the ratio got to about 35 to 1..if it hits that again, I will swap as much silver for gold as I can.

 

[fl57caveman]

gold and silver making yuuuggee moves last nite, after uk votes to leave eu....

 

[Mozella]

gold and silver making yuuuggee moves last nite, after uk votes to leave eu....

I guess that means I should have bought more silver yesterday morning. Why didn't you post this earlier?

 

[FrankT]

this bodes well for our own country taking itself back from the powerbrokers and gives Trump a boost. Go metals!!

 

[RidgeRunner]

gold and silver making yuuuggee moves last nite, after uk votes to leave eu....

Man I read this and expected to see 40.00 silver again , up 47 cents oh well better than it was, right.

 

[fl57caveman]

Man I read this and expected to see 40.00 silver again , up 47 cents oh well better than it was, right.

.47 is big for silver...when we start seeing $1.00 swings in ag, & $100 moves in au each day, you know the top is about to blow up

 

[fl57caveman]

when owning gold was illegal...

http://www.huffingtonpost.com/steve-mariotti/when-owning-gold-was-ille_b_10708196.html?ref=yfp


In 1933, Franklin D. Roosevelt was elected president of the United States by promising to end the Great Depression, which had driven the national unemployment rate up to 25% and gutted the economy.

During his presidential campaign, FDR promised to lower government spending and taxes, and balance the budget. Once in office, he did the exact opposite.....

 

[fl57caveman]

jmho..


I would buy silver now....closed today @ 19.75, this has been a strong month for the white metal, I think this may be the breakout I have been looking for...

it was around $13 in December, steady rise up, plodding along...resistance levels have been breached..


smoke em if you got em...

 

[FrankT]

go silver, Dec was a good month for my buying, looking like some good profits in the future!

 

[fl57caveman]

I sold once..made me sick..i only buy

 

[FrankT]

I sold once just before it crashed, then started buying again but not like I use to

 

[shootnstarz]

I sold bullion when it was on the way down about 2 years ago and bought a car, lost a little overall but not as much as if I had held it. I am enjoying the car wayyyyyyyyyy more than the silver.

Still have a bunch but mostly numismatic grade.

Rick

 

[bobinbusan]

What was the highest price the silver hit, can anybody remember ? :scared:

 

[fl57caveman]

What was the highest price the silver hit, can anybody remember ? :scared:

$48.00

http://silverprice.org/silver-price-history.html

 

[fl57caveman]

just noticed I read the closing price wrong, it was $19.75, not .25...:thumb::cheer2: