Silver is sensitive to GDP growth, Palladium and Platinum are tied to the auto industry and Russian stockpiles. If EV's ever take a big slug of auto production, palladium and platinum will take huge hits.
I would be satisfied with silver going back to $30.00 an ounce. Then I could get rid of my silver "Crowns."
We can’t predict the future prices by whatever x number of years silver prices have been. It’s a gamble.
Why wait for silver to go up? The money you spent on those coins is already gone. How much you paid for them is irrelevant to how much they're worth now, or how much they'll be worth in the future. If you don't think they'll go up, and don't enjoy owning them, sell them now. Put the money into something you will enjoy more, or something that generates returns. Sitting on them because they're worth less than you paid is a recipe for misery.
Aww Jeff, Some people on here seem to like misery. Real Hoarders don't sell anyway no matter how high the price goes, to them it will always go higher if they sell.
The ones I can't understand are those who sell their silver, then keep it, stiffing the buyer, and then rant incessantly (for years) about how silver is for fools. It's possible that I made a grammatical error there, using plural instead of singular, BTW.
The stock market is easier to predict because it's based on fundamentals: earnings, valuation levels, P/E multiples, the economy. Silver is a volatile commodity which can track any number of variables.
So what are you saying.... that Bizzaro Superman or Bizzaro Jerry are going to try and corner the market on silver ?
Lol. Yes it will go up 50 cents then drop a dollar then go up 30 cents then drop 60 cents. Honestly it's lower today than it was Feb 1 2010. And I'd bet it will be lower on Feb 1 2030 than it is today. Cheap oil is just gonna keep getting cheaper too.
I'm getting "Page not found"...? Edit: apparently you edited out the link while I was hitting "Reply"!
was a article from J M Bullion on who owns/holds the most silver, the linky was stinky so I deleted it, sorry