Future price prediction for silver & gold

gold & silver rebounded nicely

gold and silver bounced back to near high today at london. gold traded $497.80 while silver moved up to $8.32.

 

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i dont think 80.00 an ounce is unreasonable for 2012. think about it, if you've put 100 grand in silver at 8 per ounce, thats a cool million worth of silver. we've got about that much. :thumb:

 

prediction

can you explain it in more detail?.

 

silver break record

silver $8.55 sorry for those who keep selling it. gold at $504.90. (london)

 

okay guys, silver broke 8.55 today, that junk is going to go through the roof. Believe you me, silver will be at 80.00 an ounce in 2012, or maybe before. Buy all you can in the mean time.

 

Shoot, why wait? I’ll sell you 2lbs of the stuff today for $80/oz. :eat:

 

hah, thanks for the offer, but i have probably 10-100oz bars with my uncle. i'm going to make a killing because i payed $7000 total for the bars at 6.50 silver price

 

its up 25 cents. I think the reason is that gold is starting to get too expensive for some people, so they are turning to silver, like me

 

I shudder to think of the inflation that would be involved to get silver to $80 oz in the next 6 years.

2006 US Mint collector sets are definitely going to be more expensive next year if the trend continues. I don't even want to consider what the new 24K gold coin will cost

So....good for you bullion investors....bad for us coin collectors.

 

let me say first and foremost that i am in coins for the longrun. let me also say that bullion is a DEFINATE plus in silver country. it would do us all good to get a 100 oz bar.

 

Allow me to throw in my two cents. I place silver and coins in two different catagories. While most of my silver holdings are in "junk" silver coins, these are completely seperate from my coin collection. No matter what price silver jumps to, my coin collection doesn't get sold for melt. That being said, at only $8.50, I think that silver still has a LOT of Bull left in it!

 

silver hold at high price

silver and gold will able to hold at high price in asia. silver traded at $8.55 and gold at $505.00. while platinum at $1,002.00. silver might hit $9.00 for the first time after so many years. at $9.00 per ounce. american silver eagle b.u. bulk rate will be selling at $11.50 for the common one and single piece retail price as much as $13.50 maximum. common date high mintage 5 pc statehood silver quarters (without sleeves & c.o.a) minimum selling price should be $17.15 instead of $14.95 a set. while that of modern commemorative common date silver dollar should be worth $14.00 instead of dumping at $10.00 a piece.

 

silver and gold touched new high again

silver hit $8.60 an ounce while gold climbed to $505.60. both passed a new recent high.

 

recent? thats the highest its ever been in my life time. :hammer:

 

you must be awefully young then. I am relatively youthful (in coin collecting terms, anyway) and silver has been 4 times as high as it is now in my lifetime (early-to-mid-eighties).

 

prediction

silver closed this week at its best. bid $8.55 ask $8.58 an ounce. and reached high at $8.60. hopefully it will continue to break $10.00. those low- price modern commemoratives, american eagle bu dollars as well as silver proof such as statehood quarters will be adjusted to a higher price accordingly. do not sell it at old prices.

 

i'm telling you guys.. 80.00 an ounce in 2012..

 

I would suggest that you go back and read how the market has worked for years...there is high times and low times...and we are entering in to about the half way point of the Bull Market (Or near the end)---the last time we had a Bull Market was in the 70's....prices hit the sky....coins silver/gold....and then one year...they all fell.
So History tends to repeat itself....I don't think it will ever hit 80.

Speedy

 

another record breaker day

silver slowly climb to a record high again at $8.64. gold at $505.90. it seems that the silver could climb over $9.00 per ounce.

2005 american silver eagle unc. selling at $11.14 each.
modern commems silver dated 1983 to 1988 selling at $13.75 each
statehood silver quarters (common) selling at $3.35 each.
modern commems $5.00 gold dated 1986 to 1988 selling at $150.00.

 

Are you a gold dealer? How is this directly related to coins? It might be time for the moderators to kill the daily silver and gold reports.

Ruben