Next step silver - over $20.00

Discussion in 'Bullion Investing' started by elaine 1970, Sep 7, 2009.

  1. elaine 1970

    elaine 1970 material girl

    silver to go up over $20.00 an ounce. can that be? for me. it will. since gold predicted to be around $1,300.00 to $1,500.00 per ounce. i think it will certainly pass $20.00. approve or against. give your opinion.

    history of silver: (london)
    2004 --- $6.8150
    2005 --- $8.8300
    2006 - $12.9000
    2007 - $14.7600
    2008 - $10.7900
    2009 - $15.9500 (as of sept 4)
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  3. Victor

    Victor Coin Collector

    Sure hope so. It may take some time though to shake out.
  4. wesleyscott

    wesleyscott Senior Member

    Oh yes, it will hit $20 an ounce again. Just exactly when though? I don't believe this month it will, but anytime afterwards is very possible.
  5. elaine 1970

    elaine 1970 material girl

    currently silver bid $16.32 ask $16.36. while gold bid $995.60 ask $996.60.
  6. kevcoins

    kevcoins Senior Roll Sercher

    we saw 20$ per once last summer maybe by winter
  7. elaine 1970

    elaine 1970 material girl

    it will be near or soon. as long as gold break the $1,000.00 mark.
  8. elaine 1970

    elaine 1970 material girl

    i think $17.00 is the price within this week.
  9. Victor

    Victor Coin Collector

    When you look at some of the old Gold/Silver ratios from the past it seems like it takes way too much silver now to equal an oz. of gold.
    Don't know why that is but silver has some catching up to do.
  10. elaine 1970

    elaine 1970 material girl

    silver high so far is $16.87 per ounce.
  11. elaine 1970

    elaine 1970 material girl

    if gold close this year at $1,300.00 and next year at $1,650.00. then i predict silver should be around $24.00 for this year and $33.00 for next year.
  12. novillero

    novillero Junior Member

    I hope we have a nice dip, so I can buy some more. My silver stack is not high enough.

    Why the gain for PMs now?
  13. elaine 1970

    elaine 1970 material girl

    me too. i wish it will go down. but right now, the situation might not be the same with the previous one. let's just hope it will go down and we can buy it again.
  14. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    Then you have to ask yourself, if you didn't buy the silver you wanted the last time it dipped, what makes you think you will the next time? Buying when prices are falling hard isn't always easy to do.
  15. novillero

    novillero Junior Member

    Right now I am a steady, but slow buyer - with a small stack of silver.

    Perhaps if I had a lot more silver, I would weigh the options whether I should buy more, or wait. But that is not the case.

    For me, I just hurts when the prices rise fast. I will still buy, but I will just be able to buy less.

    I am not buying for the short-term.
  16. elaine 1970

    elaine 1970 material girl

    well. i stock a lot of silver and gold. no need to buy during 2009. gold mostly unc AGE fractional dated 2006w to 2008w. and am buffalo fractional proof and unc dated 2008. i don't have any gold dated before 2006. while silver were all collected and bought during 1970's to 1994. since then. i never buy silver coins. from 2005 to present time. i bought a lot of non silver products. like proof set, rolls and so forth.
  17. krispy

    krispy krispy

    elaine: You've never(?) bought silver coins since 2005? ...and you now say there's no need to buy during 2009? What contradictions you've arrived at! You said on 8.19.2009 that you were planning on buying one of the 5 piece Abraham Lincoln Chronicles Set that's coming out next month. That set will have the 2009 Lincoln commemorative Silver Dollar included. You also claimed on 2.14.2009 that you bought 200 pcs of the 2009 Proof Lincoln commemorative silver dollars. And another 20 proof and 10 unc. on 3.16.2009... Then on 3.20.2009 you say you canceled your orders and planned to buy 2009 Braille silver dollars... ???

    You sure promote a lot of silver and gold buying for someone who doesn't seem to keep anything you order, doesn't recommend buying this year, but continues to hype the market price of PMs and speculates on mintage figures. Why is this? And why all the endless hype if you are not keeping anything you order?

    When asked about these things, you've said you only save and don't sell since it's easier to buy, "as i said before. i never sell. just buy. because i love coins." Okay, but you've also said, "that will be for my next generation to decide what to do with it. i also hate selling. i enjoy buying. it is more easier to buy. beside i know my stuffs. and i know i make money on it."

    How do/will you make money on it if you don't keep what you order in the first place, never sell anything you do keep when the time comes to sell and are leaving the coins you do buy for the next generation to decide what to do with them?

    Endless contradiction... messy speculation... dubious investments.
  18. elaine 1970

    elaine 1970 material girl

    so sorry krispy. i should have said silver bullion coins. the other silvers are collector's items. and actually not much as compared to my bullion coins.
  19. krispy

    krispy krispy

    thanks for clarification
  20. elaine 1970

    elaine 1970 material girl

    if the silver stay high at above $16.00 per ounce. then. clearly the silver will wait for timing and move over $20.00 within this year.
  21. yakpoo

    yakpoo Member

    LMAO! Hey Krispy, over there...there's a conspiracy hiding under a rock! Go get it...LOL! :hug: (please forgive me...I can't help myself)
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