Is It Time For Silver?

Discussion in 'Bullion Investing' started by yakpoo, Jun 21, 2019.

  1. rte

    rte Well-Known Member

    I know 1 guy that bought some at $12.
    He had some extra money come around.
    When I talk with him Now...
    He wished he bought more.
     
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  3. yakpoo

    yakpoo Member

    If his $1200 stimmulus check bought silver at the 2020 low, it would be worth $2160 today! :woot:
     
    slackaction1 and Santinidollar like this.
  4. JD Bartlett

    JD Bartlett New Member

    Silver in 12-09 was $18.00 and in 06-20, after adjustment for inflation, silver was $21.45.
     
    Last edited: Jul 21, 2020
  5. JD Bartlett

    JD Bartlett New Member

    $18 silver in 12-09 adjusted for inflation was $21.49 in 06-20.
     
  6. masterswimmer

    masterswimmer Well-Known Member

    edited
     
    Last edited by a moderator: Jul 22, 2020
  7. JD Bartlett

    JD Bartlett New Member

    edited
    I see comments on "goldcollector"; what did he actually do?
     
    Last edited by a moderator: Jul 22, 2020
  8. masterswimmer

    masterswimmer Well-Known Member

    He listed some silver For Sale in the marketplace forum. Agreed on the sale to @Garlicus . @Garlicus paid the agreed upon price and @goldcollector took the money and never sent the silver.
     
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  9. Garlicus

    Garlicus Debt is dumb, cash is king.

    View attachment 1148676 53D393B9-6EE3-47A3-8667-90E976F014A1.png

    edited to remove visible address - don't post it again unless ya fix it first
     
    Last edited by a moderator: Jul 22, 2020
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  10. yakpoo

    yakpoo Member

    I would gladly send $115 to anyone who can stop this madness!
     
  11. Collecting Nut

    Collecting Nut Borderline Hoarder

    It's just starting. I'll wait for the price to increase. :smuggrin:
     
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  12. GoldFinger1969

    GoldFinger1969 Well-Known Member

    CNBC TA looked for $26/oz.
     
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  13. Brian Calvert

    Brian Calvert Active Member

    I asked the same question about a year ago. To this day, he continues to post, "not sites problem I guess" never responding to anyone about anything. Just finds comments he MAY disagree with and bashes them. Most like a really lonely person living off on his own and finds everyone in the World way below him, his opinion of course.
    Kind of amazing that the Internet gives people like this the ability to live an alternate existence... A Qanon... one...
     
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  14. rte

    rte Well-Known Member

    Just smile and nod.
    You could send (whatever his name is now) the $115 and see what happends.
    Again, just smile and nod.....
     
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  15. yakpoo

    yakpoo Member

    Actually, I was thinking of slipping to a Mod to make him "disappear". ;)
     
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  16. yakpoo

    yakpoo Member

    It looks like both Gold and Silver are popping on Dollar weakness! :watching:
     
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  17. Heavymetal

    Heavymetal Well-Known Member

    And short positions being washed out
     
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  18. yakpoo

    yakpoo Member

    "I predict $1500/Oz Gold and $25/Oz Silver (GSR=60) by Christmas.
    Let's see how close we get."


    Well, that was the prediction I began this thread with just over a year ago. I guess I missed that one just a tad. :oops:

    Actually, I was just trying to pick numbers that fit a nominal Gold-Silver Ratio (GSR) of 60. I hit the Gold number dead on, but my Silver number was optimistic. It's catching up now, though!

    Where does everyone predict Gold, Silver, and the GSR will be by Christmas?

    My new guess for 2020 is...

    Gold: $2300/Oz
    Silver: $32/Oz
    GSR: 72

    [​IMG]
     
    Last edited: Jul 27, 2020
    Collecting Nut likes this.
  19. Collecting Nut

    Collecting Nut Borderline Hoarder

    It will either be higher or lower than it currently is. Yes, I'm snickering.
     
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  20. yakpoo

    yakpoo Member

    Anyone can guess where PMs will be after the fact. I like to see if I can nail it before it happens! My prediction is quite aggressive. It represents a 13% increase in Gold from now until Christmas! That's nearly unheard of, but I don't see either party willing to strengthen the Dollar heading into the election. I think the trend continues.

    ...but that's just my guess. What's yours?
     
  21. Collecting Nut

    Collecting Nut Borderline Hoarder

    If nothing changes then I'm sure we will continue with an upward trend, less a few market corrections.
     
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