5 factors that will push silver to $250 an ounce

Discussion in 'Bullion Investing' started by Tinpot, Oct 10, 2013.

  1. Collecting Nut

    Collecting Nut Borderline Hoarder

    Did anyone look at this article? It was written on April 25, 2013. The writer stated that "According to our research, the next stop could be $40 by year's end, and $60 by the end of 2014. And much higher after that." Silver never made it to $40.00 by the end of 12-13, not did it make it to $60.00 by the end of 2014, as their market research stated. Of course he used that one key word, "COULD".

    His market research was so off base I wouldn't follow his advice if you paid the subscription for me.

    Silver is a commodity and like all commodity's, it goes up and down. Supply and demand is a simple basic principle. If supply is down and demand is up, the price increases. If supply is high and the demand is low, it drops.

    Ever notice that the price of this metal changes everyday. News Flash-It not only changes daily, it changes by the minute during the trading day in every market around the world. It will be a different price tomorrow when you wake up than it was the night before when you went to sleep. Ever ask yourself, why?
     
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  3. Coinsailor

    Coinsailor Member

    It would be nice to see But pigs will have to fly first LOL
     
  4. Jacnum7

    Jacnum7 Active Member

    That article is old. It's talking about Silver Going up by the end of 2014. That did not happen folks, Silver went down. So that article is all wrong. Myself I'm buying silver now and all the down I'll still be buying. Some day it will go up.
     
  5. David Setree Rare Coins

    David Setree Rare Coins Well-Known Member

    The prices sellers are selling at represents the true price of silver at any given time.
     
  6. Brett_in_Sacto

    Brett_in_Sacto Well-Known Member

    The same people that bought into this were buying real estate in 2008 and then taking out equity loans to go to Hawaii.

    By the same token, space aliens COULD come and start offering to mow my lawn for free every week in exchange for the grass that their space ship runs on.

    And I've got a carafe of iced tea ready and waiting for them!
     
  7. -jeffB

    -jeffB Greshams LEO Supporter

    Y'know, those space cows aren't going to be happy that you're revealing secrets about their technology...
     
    Brett_in_Sacto likes this.
  8. Brett_in_Sacto

    Brett_in_Sacto Well-Known Member

    It wasn't me, it's public domain. I read it on the internet! :)
     
  9. Collecting Nut

    Collecting Nut Borderline Hoarder

    Just milk them. The cows will be fine. :)
     
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