Future price prediction for silver & gold

Tracy,

Where are you from??? Just curious....

 

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where i came from?

my father is half jewish and half mexicano. my mom is half german and 1/4 irish and 1/4 british. my husband is also mixed. well, i don't know where i came from. maybe it is the silver moon. .9999 fineness.

 

hahaha

I meant geographically, but interesting mix no doubt...

Sounds like you could have some cool history lines to trace back...

On my dads side I'm Irish and Ii dunno what (Blue eyes, red hair) on my moms side its American Indian and I don't know what...

I'd love to trace both sides back and see what i can learn... I love learning about history, culture and stuff like that...

 

silver asia high at $11.70

gold will also breaks the new york closed. ratio is 50.19 to 1.

 

Well that also helps if the dealer has buyers for it right then.....if a dealer knows that he might have the same coins for 1-2 months I wouldn't pay much more either.

I couldn't disagree more....people are getting more and more hyped up with the upwards pull of silver.....it will fall.....and if they don't watch it they are the ones that will lose.

Speedy

 

I am a buyer at $4.50 (silver) and I may sell a bit soon. I can't wait until this spills over into numismatics.

 

I was refering to being able to sell Silver (bullion weight) not Numismatics....

 

money enter to the silver market

there were 80 billions u.s.dollars entering the silver market. mutual fund managers are driving the silver to a recent record high. shanghai, tokyo, dubai, and other european countries are opening silver trading for the first time. also u.s. will follow too. expert see $650.00 per ounce for gold within this year. and $15.00 to $16.00 for silver. long term see gold hitting $1000. well, you guess what will happen to silver. by the way all base metals also hit recent record high.

currently silver and gold ratio is below 50 to 1. the last one is around 49.7 to 1.

 

Broke the 50 to 1 ratio I see. Looking for that 20 to 1. Thanks Tracy for the updates.

 

Well when silver up.....and then going down some I just helped in a sale of 200 Junk Silver Dollars....this was my first large sale of this type of coins.....it was fun!

Speedy

 

Will they bring $10. @?

 

Airedale....I think that question was to me.....a Morgan or Peace dollar only have about .773 % silver in each coin.....they are also junk silver....some have lots of probelms and some don't have any problems but just are low grade....the guy is making a proffit (They were bought back when silver was really low) and the guy buying is getting a good deal.
I'm not sure if I can tell what they are getting for each coin but I do know that they are getting the same price that one of the places that buys Bullion all over the US is buying Junk Silver for...its not Silvertown but one of the large Companys that buys lots of silver coins.
I can say that no they don't bring $10....to do that silver would have to be about $13.50 or more.

Speedy

 

Yes Speedy it was you. I was just curious if they brought a premium because of the form they were in or just treated like any sterling or silverware etc.

 

I'm going to go out on a limb and predict gold at $700 an oz by the end of 2006; silver at $15 oz copper at 2,50; platinum at $1175 oz and palladium at $390 oz ...... alby the end of 2006! $3 gas and up is also looming by the end of the year.Unemployment will rise and the price of Housing will fall 10%.More in some markets.Does any one else agree or disagree??

 

The math doesn't work. The total number of ounces of silver on the COMEX usually fluctuates between 100 million and 120 million. About 40-50 is in the eligible category that is not available for sale. So that leaves a maximum of about 80 million ounces to be traded. To make this work, every ounce would have to change hands approximately 100 times.

Also, mutual funds can't buy silver. SEC regulations.

I like silver as much as the next person, but lets not get hysterical.:goofer:

 

Speedy, I've noticed that the common date Morgan and Peace dollars graded about VG to F in the places I usually look jumped in the past week from about $9.50 to $11.00. They aren't quite "junk" silver but the price increase was impressively large. I'd love to buy a few for bullion value but they are always priced at a premium.

 

silver hit high again

silver reached a high of $12.52 in new york. in other places this evening. silver even breaks the $13.00 mark. now they predicted gold can hit $800 and even breakds the $1,000 mark. that's means silver could go as high as $30 to $40 range.

 

gold, silver, oil keep going

silver @$15.00? well, as expected. now we will see higher and higher. ratio between gold and silver should breaks the 40 to 1 barrier. let's see $16.00 for silver soon.

silver $14.76
gold $642.60
platinum 1,227.00
palladium $375.00

ratio 43.5 to 1

 

One word....CORRECTION. If stop gaps enacted as a result of the great depression crash didn't kick in...you'd be looking at silver below $5 by the end of today.

The run got so bad that the NYSE just stopped all silver trading for 15 minutes

Good luck prognosticators

$12.58 as of this post

down down the goblin hole.......

 

silver crushed?.

silver downed 20% from its recent high and starting to recover a little bit. now is around $13.12