SILVER.. what the heck is going on!

For me personally I think silver has no where to go but up.. but it always to hear different opinions on things so i am giving it to the public! any opinions you may have on silver.

 

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Silver has slowing been dropping to its Dec 2010 levels and I can only hope that it makes its way back to it's Feb 2011 levels before it makes it's way to its Oct 2007 levels!

 

I anticipate Silver will start a significant rebound sometime early Fall. Don't fret.

 

I have heard the same rumor that silver will go up in the fall

 

I think it will remain around 28-33 dollars an ounce for he summer and then in the fall head back towards 40-45 dollars an ounce. Not sure we will se the 50.00 mark again in the near future

 

It's too volatile to be considered a safe haven.
It's run up too fast to be a good inflation hedge (it's already hyperinflated).
The silver bugs say the big boys want it to go down.
There's no shortage.
The economy is in the toilet (industrial demand).

Um, what were the reasons to buy silver again?

 

It makes that lovely sound.

 

It's shiny!

 

If you listen to some of the people on some G&S forums, it's b/c: "All paper money is worthless, & is not even real money". Therefore, the only thing to do, as I understand it, is to exchange all of your "worthless" paper money for gold or silver, almost regardless of price.

I do get lost at the part where "worthless" paper money can still be used to buy houses, cars, groceries, or even G&S......

PS--my own ability to predict G&S prices is somewhere between zero, &.....not so hot. Wouldn't surprise me if silver went up in the Fall, &/or crashed back to $10 or $15 in 2 or 3 years......

 

And these guys are willing to take your "worthless" paper money in exchange for their silver, correct? That's so nice of them to help us out! :yes:

 

Silver should drop into the high 20's this Summer ... then make an assault on the old high of $50 this Fall.

 

Silver will settle between 23-27 dollars. I dont see any significant moves upward for many years. Silver is done in my oppinion

 

Part of the run up was generated by speculation of China allowing private ownership of PM's. Also there is manipulation by the banks who hold large quantities on paper. Truthfully, I think that US silver coins will do better than the melt price throughout the rest of the year. But right now it's a buy-sell, make a buck thing by the market manipulators. Eventually, the price will level to production costs and demand levels. All the experts I've read seem to think that should be in the $50 range by 2012 ??

 

I’ve also hear that the year 2012 will see the end of the economy, a major war break out, and the end of humanity…doesn’t that sound fun?

 

this is exactly why my wife likes silver :yes:

 

The war will be with the werewolves. I predict silver bullets will be $100.00 a pop.

 

That describes my last marriage