let's predict and estimate the future price of silver & gold. its ratio on gold against silver. world gold & silver production. world silver & gold coin mintages. new york spot prices. gold & silver mining. and american silver & gold eagles.
silever was up 25¢ per oz. yesterday. So, I predict my dealer will increase the price he charges me for junk silver in his shop.
Anchor....the prediction of a commodity is just that a prediction based upon economical data sets and trends in inflation factors. Needless to say I think there are powers above us that limit the upward movement in Gold, as well as all other metals..I think they are call the controling "Governments of the World". With all the debt this Country has it 's currency is volatile and therefore looses purchasing power in the World markets. There are huge international plays that effect the dollar almost every business min. Will we see 1987 again with Gold over 800.00 Oz? I do not think so..I do think we will see near to mid term 500.00 gold, $1000.00 Platinum, 9.50 Silver and 200.00 Paladium. I see the powers to be holding a upper threshold for the metals to keep their currency solvent and not to hyper inflated...read the articles on Kitco's web site and you will get 3-4 different perspectives...set your profit limit and when reached..sell and run like the wind! RickieB
The $9.50 price range for silver that Rick talked about, sure looks good. If it would get there and then sustain itself at that price, several silver mines around these parts would re-open. They are sitting on mountains of the stuff, literly but the cost of recovery and operation keeps them shut down. When the price gets to the right level, they can supply enough silver for this country and half of Europe. just bragging! But they have a lot of silver, you can count on that.
I would think that in the future it will cost more to mine and process silver than it does now simply because of inflation. I know that silver is frequently a byproduct of other mining targets, but it seems like everything costs more to make over time.
Predictions are difficult, especially the ones about the future. I think it is enough to develop a confidence through analysis on the direction, and the direction for silver seems to be up. Mining is a very energy intensive operation, so higher oil and gas prices drive up the break even point for the old mines. All things considered, I think the direction is up.
I think we'll see $500 gold too. Does anyone here know why the Platinum/Palladium ratio is so wide right now?
gold and silver since most of the people predicted gold at 500.00 and silver at 10.00. then it should go that direction soon. but right now ratio is 64 to 1. is that means silver will only be around 8.00. but, who knows. it might be 10.00 or even 11.00. the best price for silver is to reach 20.00. then every coin collector will be happy.
Wrong! Regardless of what the price of silver becomes, my silver coins will not be up for sale. It wasn't the last time silver went up, and it won't be the next time either. It's really quite simple. I'm a Coin Collector...not a speculator!
gold and silver do you know if gold-silver ratio is still at 16 : 1 at this time around. silver price will be $28.68 per ounce to gold $459.00/oz. and the american silver eagle uncirculated coin will cost you $35.00 to $40.00 each. and the proof version will be $110.00 at least from the u.s. mint. and the proof commemorative will then be around $140.00 each. the scrap u.s. silver assorted coins will cost you $20.00 to $21.00 per dollar. keep dreaming.
anchor, why do you assume that the price of silver is the one to change if the old ratios were to return? Why wouldn't the price of gold change (too)?
I wont be happy, I’ll be PO’ed. I want to buy not sell. I’m predicted gold at 500.00 and silver at 10.00 like the rest.
gold and silver now new hurricanes keep coming. gold and silver will hit new high again as well as oil and gasoline. that's keep stocks share down. you gain from one side and lost the other one.
direction for silver i think silver will go up to $8.50 to $8.75 very soon. possibly within few days.
I like your thinking..... I buy my coins and bills with the hopes they increasde in value to be sure... but even if they increase 30x i doubt i would sell!!!