silver hit a high of $17.02. as expected, the silver should continue to outperform gold. as we can see again silver overpass $20.00 soon.
I would think theres an awful lot of people looking to dump silver when it gets up to that 20.00 mark again. People were going nuts for it last time it hit 20. There probably looking to get out around the level they got in at.
if gold hit $1,350.00. my guess for silver is $25.00. ratio - 1 is to 55 if gold hit $1,650.00. my guess for silver is $33.00. ratio - 1 is to 50 if gold hit $2,000.00. my guess for silver is $42.00. ratio - 1 is to 48 if gold hit $3,000.00. my guess for silver is $67.00. ratio - 1 is to 45 currently: gold - $1006.10 silver - $16.77 ratio - 1 is to 60
krispy, do you know. if you predict silver will hit a high at $25.00 this year. then gold should be a high at $1,350.00. that is exactly my prediction. silver certainly will close below $22.00. but that is over 100% increase since jan.2009. better than other investment except some individual stocks that went up several times.
obviously no one knows. if any one knew they wouldn't need to predict just prepare. silver is definitely where it's at.
Remember, that's only a potential increase of 100%...you don't make anything until you sell. :whistle:
yes. that is right. you only make money or the other way if you only sell it. but for longer period. gold and silver were predicted to go beyond our imagination. in the future, some suggested $3,000.00, other predicted $5,000.00 or even $10,000.00 per ounce.
Others have predicted $600.00 a ounce The point is no one really knows one way or the other. I think GREED will make some loose their shirts in gold and silver or some will become rich beyond their belief!. Some on this forum have a much larger portion of their savings invested in gold and silver and cant afford to loose it all! I for 1 am one of these having more then 45% of my large savings in PMs. I have a target price for selling my PMs and intend to sell at that price. I will only tolerate a 10% loss before I would dump the stuff!
silver go for over $17.00 tomorrow. go go silver and yankees. i mean baseball yankees. new york yankees. we are number one again.
Being an "O's" fan I HATE the Yankees!:headbang::headbang::headbang: Everytime your team comes to Camden Yards, our beloved city of Baltimore gets overrun by New York's "unwashed hoards".