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5 factors that will push silver to $250 an ounce
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<p>[QUOTE="torontokuba, post: 1800779, member: 56793"]<b>When?</b> Forget $250/oz. When can I see the promised $60, $70, $80, $90 or even $100/oz.? When can I see it stay at such a price for a whole year, not just a hiccup? I've seen the two $50 hiccups...</p><p><br /></p><p><img src="http://silverprice.org/charts/history/silver_all_data_o_usd.png" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>How much time did anyone have to profit at near $50/oz.? The average yearly price has never even seen $36 or $40 or $50. Why should anyone set their hopes at $250/oz. and why should they ever own a single ounce at over $25?</p><p><br /></p><p>These ridiculous and unfounded suggestions have baffled me for years. All this, while history repeats itself.</p><p><br /></p><p>Here is a little perspective with yearly averages...</p><p><br /></p><p><b>Silver</b> 1792 - $1.29, 1966 - $1.29, 1992 - $3.71</p><p><br /></p><p><b>Gold</b> 1833 - $20.65, 1966 - $35.13, 1992 - $343.82</p><p><br /></p><p>How much of a stable and sustainable increase can we really expect from the last 20 years?</p><p><br /></p><p><a href="http://goldmastersusa.com/silver_historical_prices.asp" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://goldmastersusa.com/silver_historical_prices.asp" rel="nofollow">http://goldmastersusa.com/silver_historical_prices.asp</a></p><p><br /></p><p>At this stage in the game, I believe in silver at $10 - $13/oz. for the near future.</p><p><br /></p><p><i>"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."</i></p><p><i><br /></i></p><p><i><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /></i></p><p><br /></p><p>According to <b>my gut feeling</b>, the next stop could be <b>$20</b> by year's end, and <b>$13</b> by the end of 2014. And much <b>lower</b> after that.[/QUOTE]</p><p><br /></p>
[QUOTE="torontokuba, post: 1800779, member: 56793"][B]When?[/B] Forget $250/oz. When can I see the promised $60, $70, $80, $90 or even $100/oz.? When can I see it stay at such a price for a whole year, not just a hiccup? I've seen the two $50 hiccups... [IMG]http://silverprice.org/charts/history/silver_all_data_o_usd.png[/IMG] How much time did anyone have to profit at near $50/oz.? The average yearly price has never even seen $36 or $40 or $50. Why should anyone set their hopes at $250/oz. and why should they ever own a single ounce at over $25? These ridiculous and unfounded suggestions have baffled me for years. All this, while history repeats itself. Here is a little perspective with yearly averages... [B]Silver[/B] 1792 - $1.29, 1966 - $1.29, 1992 - $3.71 [B]Gold[/B] 1833 - $20.65, 1966 - $35.13, 1992 - $343.82 How much of a stable and sustainable increase can we really expect from the last 20 years? [url]http://goldmastersusa.com/silver_historical_prices.asp[/url] At this stage in the game, I believe in silver at $10 - $13/oz. for the near future. [I]"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." :rolleyes:[/I] According to [B]my gut feeling[/B], the next stop could be [B]$20[/B] by year's end, and [B]$13[/B] by the end of 2014. And much [B]lower[/B] after that.[/QUOTE]
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5 factors that will push silver to $250 an ounce
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