Silver Will Not Top $20 Again Homies

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It's a generally pretty unlikely opinion(in my opinion). Silver has alot of potential to go up back to the 30's+ and many factors can cause this, such as many ukraine silver mining factory's are closing due to political warfare, which causes less supply. Many factors.

 

+1

 

Silver was at $19.75, and has now gotten back to $19.50. It seems to want to stay around $19 lately. Maybe it's getting ready to vault back into the $20's. I can't see it sink to $10 or $15, but I could be wrong.

 

Demand is up for ASEs:

https://www.coinworld.com/insights/...bullion-coin-sales-heading-toward-record.html

 

No it is not. In 2013 by end of May there were 22 million Eagles sold, so at 21 million through 5/20 the sale are just about flat, maybe trailing just sightly. There is also another thing to consider though. Even with flat sales numbers, because of the MUCH lower average cost per coin (both spot and premium is less), there is far less money being spent on retail silver showing that demand is actually declining considerably.

 

This


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Down 2% today


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Interesting. I noticed that this meaningful comparison was “conveniently” missing from Coin World’s article.

 

Damn, when the Em's is right, he's right.

 

It'll bounce off of $19, or sink like a stone.

 

I don't care either way, I just want to see it go somewhere. This floundering between $19-20 is boring.

 

Fo' sho dawg


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We're under $19; buy, buy, buy!!!

 

i'm surprised that Russia and China abandoning the dollar didnt force it up

 

It's not but I hope so soon! I wouldn't doubt if the price fell to 15 dollas an ounce this summer


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I said it once already and will say it again:

 

We dipped down to $18.80, and are now back above $19. That's supposed to be a good sign. Wat you tink o dat, homeslice?

 

We're barely holding on to $19, so please don't rub it in too much Eminem!