$40 Silver! What do You Think??

Discussion in 'Bullion Investing' started by fretboard, Dec 19, 2020.

  1. fretboard

    fretboard Defender of Old Coinage!

    Silver for $40 an ounce? Is it possible, sure it's possible and I'd like it to happen but idk! Just so I'm clear on this E.B. Tucker is almost always wrong with his predictions! :D What do you think?

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  3. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Don't listen to everything on the internet , JMO
  4. derkerlegand

    derkerlegand Well-Known Member

    Don't see why not...

    serafino likes this.
  5. Santinidollar

    Santinidollar Supporter! Supporter

    Any thing is possible, but I wouldn’t be making plans to sell my silver at $40.
    h.e.-pennypacker likes this.
  6. Collecting Nut

    Collecting Nut Borderline Hoarder

    I'll sit back, relax and do what so normally do. If silver gets that high, then I'll take action that best suits my needs.
    Matthew Kruse likes this.
  7. Jeffjay

    Jeffjay Well-Known Member

    Someday it has to go $40 or higher.
    It's anyone's guess as to when that will be.
  8. rte

    rte Well-Known Member

    Sure $40 is obtainable.
    I sold an ounce months ago for $45.
    Generic silver may get up there again soon.
  9. QuintupleSovereign

    QuintupleSovereign Well-Known Member

    I think industrial demand would have to be significantly higher to sustain $40/oz over the long term.
  10. fretboard

    fretboard Defender of Old Coinage!

    We'll see, you never know! I have a bit just in case! :D
    JCKTJK likes this.
  11. jtlee321

    jtlee321 Well-Known Member

    We will see a rise in the price of silver. But, it won't be a rise in the value of the silver, but a reflection of the devaluation of the Dollar as it continues it's collapse.
  12. slackaction1

    slackaction1 Supporter! Supporter

    So its not going back to pre-Covid levels then.. 16,17. to 18 an ounce. then I am pullin for E.B.
    Last edited: Dec 20, 2020
  13. fretboard

    fretboard Defender of Old Coinage!

    All I remember about Covid and the price of silver was in March of this year when all the dealers pumped up the price on premiums charged! That was crazy and I lost interest right away! :D
    manny9655 and midas1 like this.
  14. Bman33

    Bman33 Well-Known Member

    Big night tonight for silver up 88 cents
    midas1 likes this.
  15. midas1

    midas1 Exalted Member

    If it's on the Internet it's gotta be true! (snicker)

    For a lot of people, the Internet is their only source of news.
    What a scary thought.
  16. Jeffjay

    Jeffjay Well-Known Member

    And then they only read the headline and make up the "Facts"
    midas1 likes this.
  17. -jeffB

    -jeffB Greshams LEO Supporter

    And a big slump today, down over a dollar since midnight.
    coinaline likes this.
  18. Kevin wu

    Kevin wu Well-Known Member

    Silver 2021 $40 2022 $65 2023 $100 ........
    slackaction1 likes this.
  19. midas1

    midas1 Exalted Member

    I'd like some of what you're smoking.
    slackaction1 and fretboard like this.
  20. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    Have you seen his hoard? With what he's got stashed away I'm surprised he's not predicting $10,000/oz ;)
  21. slackaction1

    slackaction1 Supporter! Supporter

    That is a long wait 3 years for a 100.00 a oz. when your my age.. How much did that ounce of smoke you got cost?? When I smoke it I don't get those thoughts I sit in front of ice box and eat. LOL
    midas1 likes this.
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