Silver Will Not Top $20 Again Homies

It is a type 1B element on the periodic chart and is not superconductive. In fact when doped into a a superconductive mix, ( see http://phys.org/news/2012-12-silver-superconductor-secrets.html), it reduces superconductivity. Its use in medical fields is also limited , very few treatments use silver outside of burns and radiation damage. The oligiodynamic action against bacterial infections is often mentioned by certain silver publications, purifying water , milk , etc. but there are better and more economical methods. Solar panels in the past have used an ounce of so of silver each, but when silver went high, new compounds were found which almost eliminated silver, and probably will in the future. The silver is not used up in solar panels, so recycling is available. Supply and demand does influence the pricing, but the demand actually seems to be stable to decreasing.

 

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"the demand for silver has been almost flat for the past 10 years" If demand does not increase, the price does not increase. In the past 10 years, silver has hit a low of $5.78 and a high of $48.48(may fluctuate a tad where you look) That is almost a 120% increase. 120% increases do not happen if there is not an increase of demand.

 

You seem the be just totally disregarding the facts. The link I provided shows the numbers.

Now, your argument has many holes in it. The first statement is incorrect. Since price is a combination of both supply AND demand, the price of a security can certainly go up even if demand remains constant. Second, the whole premise does not make much sense. Using your logic, if we just move the time-frame a bit to the last couple years, the price went from $48 to $20, so according to you, that would mean demand is crashing, but that would not be true either.

In the post above, Jim gave you some very good info that would refute your original statement. I would not dismiss it. As I originally said, we have heard this argument for years, it just is not true, and it has not panned out. Things like this many times originate on sites like Silver Doctor.Com or reading Ted Butlers newsletter. These "sources" are nothing more than an advertisement that is trying to separate you from your fiat, and should not be taken seriously.

 

Obviously the prediction of this post went South. There's an awful lot of bickering about silver prices -when to get in and out and who's smart and not. I collect silver coins and buy some bullion but it's mostly about collecting for me not investing. Love my coins!

 

In any event, in the long run, I see that silver will top $50. With inflation and with the fact that PM's have their boom periods for whatever reason they get boom periods for, I see no reason for people to worry that silver will never again go above $20, that's just hype IMHO.

 

It went south alright, and it did not even take 60 days!

 

I like some of your songs Homie, but this girl's got some skillz and "punked" yo butt.

I PROMISE THIS ONE IS SAFE FOR WORK.



This is all in good fun Homie!

 

I hope our friend does come back and offer his opinion on today's $21/oz price.

 

I'm sure he's real busy with stuff, at least until silver drops back under $20

 

I am not saying that homie should not man up here, but it is interesting you have NEVER EVER called out the stackers when their hundreds, if not thousands of their predictions did not pan out. For someone that claims to take the moral high ground like you do, I gotta tell ya, I am just not seeing it.

 

I have to tell you that I don't care too much one way or the other what others believe or think. It really doesn't matter too much to me, as I follow my beliefs. Granted they are based on numerous points of view, but in the end I formulate my own plans based on what I learn and read.

I get it that you think I'm a perma-bull and think PMs will go to (fill in whatever number you have in mind). That isn't what I base my ideas on. The real reason I get after you, is I believe you're a paid shill.

 

He lost too much money to ever admit he's wrong )

 

Shazaaaam! All this time I thought it was you who started a thread: Silver Will Not Top $20 Again Homies. So sorry, my bad.

 

Silver will not top $21 again homies.......before lunch today....bwuahahahahaha!

 

Right, I'd insult you, but you're not worth it.

 

We can sit here and argue on a daily basis about the silver price. The fact of the matter is that the silver market is a bull and you just ride it. You can't predict how long you will be on that bull as it jumps you up and down. Eventually the bull will kick you off and whether you are on the + side or the - side is an unknown.

The bottom line: Nobody can predict Silver accurately. it may drop to $5 in a month and comeback a week later at $35 it is unlikely but you can't tell me it is not possible.
Everyone should stop trying to argue about this. you can predict all you want based on statistics that may not be completely accurate. You will just end up a fool because you will be wrong.

All you need to do with silver is when the price is lower you buy. When the price is higher you sell. Then wait for the price to lower again. Repeat. You do that your entire life and you will always get off on the + side of the silver bull.

 

In my totally subjective opinion, silver tracks the personality of modern day women. If you can figure that stuff out and predict them with 100 percent accuracy, you can predict silver-easy peezy. If not, spinning back-kick to the groin.

 

That's... an interesting way to put it

 

Sexist comments are not needed in CT discussions, even with an emoticon.To balance, Females might argue that silver prediction threads tracks the personality of modern men. Aggressive movement based on outside influence without much contemplated investigation and thought; disappearance if wrong, and childish cackling if by some chance of luck correct .

So lets stop here

 

I think this thread has served it's purpose.....(actually thought that about 15 diatribes ago)