I actively started tracking the price of silver on a daily basis since 12-31-10 I had personal predictions then I didn't share with anyone and I wanted to see if what I thought was going to happen would manifest itself. Back in April of 2010 I was at a friends in Michigan and one of those gold telemarketer coin collecting guys called his house and wanted him to buy 3 gold indian head coins at an outrageous price of $2700! As I recall they were 2 $2.50 coins 1911 and 1914 and one $10.00 gold indian head dated 1927 I think. At that time I didn't know the prices but knew enough that that asking price was too much. I personally spoke with this gentleman and he was laughing about another customer he had who just sold all his gold to buy a bunch of silver. Apparently this customer told the coin guy that silver was going to go way up and hit 250.00 and oz by the end of 2011. While this man was laughing it gave me an idea to start actively buying again. Which I hadn't for couple of years. I don't know who that customer was who sold all his gold coins for silver, but looks like he's been correct so far. Below is a daily list of the silver prices if anyone is interested to take a look back. These were taken from kitco.com so the credit goes there. I hope posting this is ok. Enjoy. December 31st, 2010 Silver opened today at $30.80, as of 9.52 A.M. it is at $30.74. Hopefully it will break 30.90 by days end. My prediction came true, Silver is at $30.94 as of 11.30 A.M. At 2:04 P.M. silver hit $30.98 per ounce. January 3, 2011 Silver price at 11:50 A.M. $31.22 per oz. January 4, 2011 Silver fell to $30.68. 10:33 A.M. Closed at the same price. January 5th, 2011, Silver is at $29.44 It’s leveling out again. January 7th, 2011, Friday, 10:26 A.M. Silver is down to 29.27. It will probably go back up as soon as all the coin dealers are done making their 2011 American Silver Eagle orders. Silver is at 29.38. 12.:39 P.M. Monday, January 10th, 2011. Silver price is 29.14 Tuesday, January 11th, 2011. Silver is 29.71 Wednesday, January 12th, 2011. Silver is 29.71 at 11.00 A.M. Thursday, January 13th, 2011. Silver is at 29.81 at 9:23 A.M. Silver closed at 28.96 Monday January 17th, 2011 Silver is at 28.39 at 12.:15 P.M. Tuesday January 18th, 2011 Silver is at 29.08 at 11.31 A.M. Wednesday January 19th, 2011 Silver is at 29.51 at 3:51 P.M. Thursday, January 20th, 2011 Silver is at 28.30 at 10:05 A.M. Friday, January 21st, 2011 Silver is at 27.43 10:00 A.M. 27.63 4:46 P.M. Monday, January 24th, 2011 Silver closed at 27.66 Tuesday, January 25th, 2011 Silver is at 26.98 Wednesday January 26th, 2011 Silver is at 26.77 Thursday January 27th, 2011 Silver is at 27.77 Friday, January 28th, 2011 ( 25th anniversary of Space Shuttle Challenger Explosion) Silver is at 27.54 an ounce. Silver is at 27.67 as of 11.29 A.M. Silver is up at 27.79 at 11:56 A.M. Are they trying to go for 28 by days end? I was right. Silver is at 28.03 an ounce now. 12:15 P.M. 28.07 2:39 P.M. Monday, January 31st, 2011 Silver hit 28.07 Tuesday, February 1st, 2011 Silver is at 28.54 Ended at 28.68 for the day Wednesday February 2nd, 2011 Silver is at 28.65 at 11:37 A.M. Thursday, February 3rd, 2011 Silver is at 28.53 at 10:58 A.M. Silver is at 29.03 4:44 P.M. Silver closed at 28.97 Friday, February 4th, 2011 Silver is back up at 29.33 Monday, February 7th, 2011 Silver is at 29.51 Closed at same price. Tuesday, February 8th, 2011 Silver is at 30.33 at 12:55 P.M. 30.34 at 1:14 P.M. 30.37 at 2:37 P.M. $30.40 5:14 P.M. Wednesday, February 9th, 2011 Silver is at $30.53 Thursday, February 10th, 2011 Silver is at $30.10 $30.14 $30.32 Friday, February 11th, 11:00 A.M. Silver is at $30.33 Monday, February 14th, 2011 Silver is at 30.76 Tuesday, February 15th, Silver is at 30.96 10:25 A.M. Wednesday, February 16th, 2011 Silver is at 30.87 10:53 A.M. ( What a buncha scardy-cats not pushing silver over 31) Eat my words, silver is at $31.02 12:39 P.M. Thursday, February 17th, 2011 Silver is at $30.04 11:16 A.M. 31.40 at 12:33 P.M. Friday February 18th, 2011 Silver is at 32.57 32.88 11:52 A.M. 32.92 12:57 P.M. Monday, February 21st, 2011 $34.02 34.05 12.48 P.M. 33.93 3:42 P.M. Tuesday February 22nd, 2011 Silver is at 33.48 10:52 A.M. Wednesday, February 23rd, 2011 Silver is at 33.81 Thursday, February 24th, 2011 silver is at 33.57 33.31 3:28 P.M. Friday, February 25th, 2011 Silver is at 33.54 Monday February 28th, 2011 34.02 34.04 11:22 A.M. Tuesday, March 1st, 2011 silver is at $34.46 34.48 34.50 34.55 10:43 A.M. 34.62 12:10 P.M. 34.64 2:39 P.M. 34.71 3:42 P.M. Closed at $34.76 Wednesday March 2nd 2011 34.94 Thursday March 3rd, 2011 34.65 Friday, March 4th, 2011 35.38 35.41 35.50 35.63 Silver closed at $35.71 Friday, March 4th 2011 Monday, March 7th, 2011 silver is at 36.03 36.71 10:49 P.M. Tuesday, March 8th, 2011 silver is at 36.31 9:18A.M. 36.31 3:52 P.M. Wednesday March 9th, 2011 Silver is at 36.47 Thursday, Match 10th, 2011 silver is at 35.50 Friday March, 11th, 2011 Earthquake hits Japan hits news early morning. Tsunami to hit Hawaii, Western US Coast. Hawaii just hit .. 8:24 A.M. Silver is at 34.50 34.55, 34.59, 34.66, 34.67, 35.24 11.38 A.M. 35.65 35.91 at 12:03 P.M. 36.02 1:18 P.M. Silver closed at 36.20 Monday, March 14th,2011 Silver is at 36.19 36.31 Tuesday, March 15th, 2011 Silver is at 34.37 34.43 34.78 34.84 Wednesday, March 16th, 2011 Silver is at 35.01 35.10 Thursday, March 17th, 2011 Silver is at 34.58 34.68 Friday, March 18th, 2011 silver is at 35.44 Monday, March 21st 2011, silver is at 36.16 Tuesday, March 22nd,2011 Silver is at 36.40 Silver closed at 36.49 Wednesday, March 23rd, 2011 silver is $37.00!! An oz 37.30 closed at 37.46 Thursday, March 24th, 2011 silver is at 38.19 Friday March 25th, 2011 Silver is at 37.64 37.75 Monday March 28th, 2011 Silver is at 36.74 Tuesday, March 29th, 2011 Silver is 37.03 Wednesday, March 30th, 2011 silver is at 37.78 Thursday March 31st, 2011 11:06 A.M. Silver is at 38.00 Friday, April 1st, 2011 silver is at 37.74 closed at 37.89 Monday, April 4th, 2011 silver is at 38.63 Tuesday, April 5th, 2011 silver is at 38.57, 38.85 11:00 A.M. 39.25! @ 12:59 P.M. 39.30 2:27 P.M. 39.33 5:00 P.M. Wednesday April 6th,2011 silver is 39.67, 39.79 10:26 A.M. Thursday, April 7th,2011 silver is 39.62, 39.72 HISTORIC DAY! Friday, April 8th, 2011 silver is at 40.03 an oz!! $40.41 $40.49, $40.79 $40.88 $40.95 $40.97 Monday, April 11th, 2011 silver opens at $41.26! $41.32 Tuesday, April 12th, 2011 silver is 40.91 Wednesday, April 13th, 2011 silver is $40.64, $40.79 Thursday April 14,th 2011 Silver was over 42.00 an oz. Friday April 15th, 2011, Silver hit 43.03 Monday April, 18th, 2011 silver is 43.56 Tuesday April 19th 2011 silver is 43.37, 43.85, 43.96 1:30 P.M. 44.21 3:39 GOLD is 1496.60 down from 1498.00 GOLD 1500.80!! Wednesday April 20th, 2011 Silver opens at 44.79 44.80, 44.85 45.19 11:16 P.M. 45.43, Gold opens at 1503.80 1504.50 1506.70 1507.10 Thursday, April 21st 46.05 Friday, April 22nd 2011 silver is 46.05 46.25 46.72 Gold is 1507.10 Gold 1509.40
Looking back is useful, indeed. "Peak Silver" was evident at least 12 months before and after, as this post confirms. Although I personally suppose currency crisis within the next decade might well prove the bullionists right (eventually), that's a very long shot catastrophe call I wouldn't bet the farm on. Whatever you do, don't believe your own bs and gamble what you cannot afford to lose: https://www.cointalk.com/threads/today-silver-can-reach-2000-an-ounce.193994/#post-1287709