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09-17-2005, 12:43 PM
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#1 (permalink)
| | Senior Member
Join Date: Sep 2005
Posts: 336
| Future price prediction for silver & gold
let's predict and estimate the future price of silver & gold. its ratio on gold against silver. world gold & silver production. world silver & gold coin mintages. new york spot prices. gold & silver mining. and american silver & gold eagles.
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09-17-2005, 06:36 PM
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#2 (permalink)
| | The Coin Troll
Join Date: Nov 2004 Location: Dallas
Posts: 2,506
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silever was up 25¢ per oz. yesterday. So, I predict my dealer will increase the price he charges me for junk silver in his shop.
__________________
"From time to time the Tree of Liberty must be refreshed with the blood of Patriots and of Tyrants."
-Thomas Jefferson
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09-17-2005, 07:03 PM
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#3 (permalink)
| | Expert Plunger Sniper
Join Date: Mar 2005 Location: United States
Posts: 6,424
My Mood: |
Anchor....the prediction of a commodity is just that a prediction based upon economical data sets and trends in inflation factors. Needless to say I think there are powers above us that limit the upward movement in Gold, as well as all other metals..I think they are call the controling "Governments of the World".
With all the debt this Country has it 's currency is volatile and therefore looses purchasing power in the World markets. There are huge international plays that effect the dollar almost every business min. Will we see 1987 again with Gold over 800.00 Oz? I do not think so..I do think we will see near to mid term 500.00 gold, $1000.00 Platinum, 9.50 Silver and 200.00 Paladium. I see the powers to be holding a upper threshold for the metals to keep their currency solvent and not to hyper inflated...read the articles on Kitco's web site and you will get 3-4 different perspectives...set your profit limit and when reached..sell and run like the wind!
RickieB
__________________ "A disordered currency is one of the greatest political evils" Daniel Webster....
-------------------------------------------------------------------------------- U.S.M.C. 1972-1975
Last edited by RickieB; 09-17-2005 at 07:10 PM.
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09-17-2005, 07:36 PM
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#4 (permalink)
| | 共和党
Join Date: Dec 2004 Location: Wonderful Wyoming
Posts: 1,131
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The $9.50 price range for silver that Rick talked about, sure looks good. If it would get there and then sustain itself at that price, several silver mines around these parts would re-open. They are sitting on mountains of the stuff, literly but the cost of recovery and operation keeps them shut down.
When the price gets to the right level, they can supply enough silver for this country and half of Europe. just bragging! But they have a lot of silver, you can count on that.
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Experience is something you don't get,
until just after you need it.
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09-17-2005, 08:14 PM
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#5 (permalink)
| | Senior Member
Join Date: Sep 2005 Location: Minnesota
Posts: 726
My Mood: |
I would think that in the future it will cost more to mine and process silver than it does now simply because of inflation. I know that silver is frequently a byproduct of other mining targets, but it seems like everything costs more to make over time.
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09-17-2005, 10:01 PM
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#6 (permalink)
| | Treasure Hunter
Join Date: May 2005
Posts: 5,234
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Predictions are difficult, especially the ones about the future.
I think it is enough to develop a confidence through analysis on the direction, and the direction for silver seems to be up. Mining is a very energy intensive operation, so higher oil and gas prices drive up the break even point for the old mines.
All things considered, I think the direction is up.
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09-17-2005, 10:58 PM
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#7 (permalink)
| | Senior Member
Join Date: Aug 2005 Location: Cape Cod, MA
Posts: 414
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Gold-500
Silver-10.00
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Newest Addition:
1998 AGE for $660 |
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09-17-2005, 11:33 PM
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#8 (permalink)
| | Member
Join Date: Aug 2005 Location: Nebraska
Posts: 54
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I think we'll see $500 gold too. Does anyone here know why the Platinum/Palladium ratio is so wide right now?
Last edited by coldhardcash; 09-17-2005 at 11:36 PM.
Reason: Cerebral vortex
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09-18-2005, 02:34 AM
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#9 (permalink)
| | Senior Member
Join Date: Sep 2005
Posts: 336
| gold and silver
since most of the people predicted gold at 500.00 and silver at 10.00. then it should go that direction soon. but right now ratio is 64 to 1. is that means silver will only be around 8.00. but, who knows. it might be 10.00 or even 11.00. the best price for silver is to reach 20.00. then every coin collector will be happy.
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09-18-2005, 11:44 AM
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#10 (permalink)
| | Senior Member
Join Date: Aug 2005 Location: Cape Cod, MA
Posts: 414
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64 to 1? It used to be only 16 to 1 lol
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Newest Addition:
1998 AGE for $660 |
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09-18-2005, 12:14 PM
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#11 (permalink)
| | 共和党
Join Date: Dec 2004 Location: Wonderful Wyoming
Posts: 1,131
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Originally Posted by anchor1112 it might be 10.00 or even 11.00. the best price for silver is to reach 20.00. then every coin collector will be happy. | Wrong! Regardless of what the price of silver becomes, my silver coins will not be up for sale. It wasn't the last time silver went up, and it won't be the next time either.
It's really quite simple. I'm a Coin Collector...not a speculator!
__________________
Experience is something you don't get,
until just after you need it.
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09-18-2005, 12:25 PM
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#12 (permalink)
| | Senior Member
Join Date: Aug 2005 Location: S.E.Kansas
Posts: 225
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If I was any good at speculating futures I wouldn't have to be working the hours that I work now.
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Be who you are and say what you feel, those who mind don't matter and those that matter don't mind....Dr. Suess
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09-18-2005, 12:50 PM
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#13 (permalink)
| | Senior Member
Join Date: Sep 2005
Posts: 336
| gold and silver
do you know if gold-silver ratio is still at 16 : 1 at this time around. silver price will be $28.68 per ounce to gold $459.00/oz. and the american silver eagle uncirculated coin will cost you $35.00 to $40.00 each. and the proof version will be $110.00 at least from the u.s. mint. and the proof commemorative will then be around $140.00 each. the scrap u.s. silver assorted coins will cost you $20.00 to $21.00 per dollar. keep dreaming.
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09-18-2005, 05:55 PM
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#14 (permalink)
| | The Coin Troll
Join Date: Nov 2004 Location: Dallas
Posts: 2,506
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anchor, why do you assume that the price of silver is the one to change if the old ratios were to return? Why wouldn't the price of gold change (too)?
__________________
"From time to time the Tree of Liberty must be refreshed with the blood of Patriots and of Tyrants."
-Thomas Jefferson
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09-19-2005, 08:02 AM
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#15 (permalink)
| | Senior Member
Join Date: Sep 2005
Posts: 336
| silver and gold
silver hit over $7.30 this morning. gold at $463.00 +.
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