Future price prediction for silver & gold

silver rebounded nicely

silver touched a high of $9.88 this afternoon. now bid is $9.81 and ask is $9.87.

 

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prediction is alright. it might be correct.

based on london daily closing: from 2004 to date.

silver up 78.7% high 9.82 low 5.495

gold up 52.8% high 572.15 low 375.00

platinum up 45.0% high 1,079.00 low 744.00

pallanium up 72.7% high 297.00 low 172.00

furthermore: let's start from 2002 and from 2003 to date:

from 2003 to date: silver up 124.7% low 4.37
gold up 78.9% low 319.90

from 2002 to date: silver up 131.9% low 4.235
gold up 106.0% low 277.75

note: gold target price $600.00 to $800.00 within two years.
silver should be around $11.00 to $16.00 i think.

 

What dates are we working with?

 

silver hit a new high

silver traded a high of $10.40 before sliding to $10.33. future for silver is great. hope to see silver @$12.50 soon. beside that, the ration was reduce to 53 plus to one.

 

Sincewe are predicting for future date, I am still wondering what that date is, as it was not stated in original post?

 

silver $10.46

silver breaks record again. now its high as of this minute is $10.46. i think $12.50 is coming.

 

Sorry there no silver price record broken at this price.

In the fall of 1979, the Hunt Brothers, along with some wealthy investors formed a silver buying pool and bought up 200 million ounces aboiut the equivalent of half the world's deliverable supplyat that time. The price of silver had moved from $2 per ounce in 1973 was about $5 per ounce in early 1979 and then rocketed as high as $54 in early 1980 after the Hunt Brothers purchase.

 

Could this cause a rise in silver prices?
http://www.devicelink.com/mddi/archive/05/05/029.html

 

Silver reached 10.73 today

$12.50 soon baby.......

 

I can't believe you all are still at this....200-some odd posts later...:headbang:

 

New ETF (exchange traded fund) for silver needs to build mucho inventory and keep adding as it grows. This will push prices up. It will go up then fall suddenly IMHO

 

silver high at $10.80 now

silver keeps breaking the current high. now reached $10.80.

 

silver at new recent high $11.00

silver touched a recent high of $11.16 per ounce. see uptrend to continue for many years. p.s. gold touched a high of $574.70

 

Silver is at $11.38 right now.Man when will it stop.......never I hope.LOL

 

silver is booming

silver high today $11.55. gold 587.20. ratio is 50.84 to 1

 

profit or loss

do you buy silver and make a profit on it?. prices based on london closing.

2003 silver low $4.37 up 164% from today high $11.55
2004 silver low $5.49 up 110%
2005 silver low $6.39 up 81%
2006 silver low $8.83 up 31%

 

You can't make a proffit on something unless you can find someone willing to pay for it....I find that alot of dealers are thinking that this may be a passing thing and they are holding off buying much silver or at least not buying it at Spot price....smart if you ask me

Speedy

 

You might need to find new dealers.... I've got two dealers in my area that will take all th PMs you can unload and are paying pretty fairly for it...

The day Silver broke 10.50, I was in shop and some old guy was cashing in a bunch of Bars and at the other end of the counter there were two ladies cashing in a Hoard of Silver Dollars or rounds, couldn't make them out from where I was. I just know they had a whole load of'em....

In chit chating with the guy at the counter he said most people were still buying that day, only a few sellers... I took home 20 more rounds... I lov those things... I want to fill up one of those chests that looks like a "Pirates Treasure Chest"!!!

Anyway, there are also several online sites like APMEX and others that will buy it pretty fairly too...

 

china and india

what dealers and coin collectors can help moving the prices?. they are dealing in antigue coins. it is china and india with 2.5 billions people hungry for silver and gold and push those prices. not to mention japan and south korea, south east asia (little dragons), west and central asia, and of course arabian 30 plus countries.

 

wake up speedy

i still like you speedy. as i said before. i like your very conservative way of thinking. anyway, i think you miss the gold and silver trend. forget about collecting antigue coins. you buy a rare coin today and sell it to the same dealer tomorrow. how much you gonna loss. 25% to 50% or more. not to mention if the dealer does not know you. bullion price give it to you. to cheat you baby.