Silver going $20+ this year .

Discussion in 'Bullion Investing' started by Kevin wu, Jul 8, 2020.

  1. slackaction1

    slackaction1 Supporter! Supporter

    Will the premiums drop as the prices gets higher. like for gold the premiums on proofs is low compared to silver
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  3. Rick B

    Rick B Well-Known Member

    Not sure. But my guess is that the premiums are high for silver now because people are going crazy for silver for some inexplicable reason. When "investors" get emotional, the market gets out of whack. Silver is OUT OF WHACK!
    goldcollector likes this.
  4. Tuco

    Tuco Active Member

  5. Brian Calvert

    Brian Calvert Active Member

    Wondering now about the V75 Gold ounce... Only if.....
    Pray that they still mint that one
    Cheech9712 likes this.
  6. Cheech9712

    Cheech9712 Every thing is a guess

    That’s not good for me. Now everything is out of my price range
  7. Cheech9712

    Cheech9712 Every thing is a guess

    Where’s Jeff
  8. Cheech9712

    Cheech9712 Every thing is a guess

    I feel ya. You ever see Wheat Man Will you please show him @lordmarcovan what weight would look like
  9. GoldFinger1969

    GoldFinger1969 Well-Known Member

    I bought a 5-ouncer a few days ago.....PF 69 DCAM, and I paid LESS than when I bought a PF70 @ FUN back in January when silver was probably $15 or so.
    slackaction1 likes this.
  10. Cheech9712

    Cheech9712 Every thing is a guess

    Sell half
    slackaction1 likes this.
  11. Cheech9712

    Cheech9712 Every thing is a guess

  12. Cheech9712

    Cheech9712 Every thing is a guess

    I going to sell my Silver Canadian quarter now What will I get. Could I get a 5$ foot long at Subway
  13. Rick B

    Rick B Well-Known Member

    I'm not a seller. I buy and hold. I will only rid myself of my silver after the Armageddon, if I need it to buy a loaf of bread, LOL!
    Cheech9712 and GoldFinger1969 like this.
  14. Doc J

    Doc J Mr. Brightside

    There was an article in the 8-3-20 issue of Barron's.

    They liked silver at 60:1 to gold. It was 80:1 when published.

    I am not selling either one.
    GoldFinger1969 likes this.
  15. Rick B

    Rick B Well-Known Member

    I get a kick out of it when people, even the "experts" try to predict future prices. It's foolish. They are never right, unless it's due to luck once in a while, like a broken watch is correct twice a day.
    "Experts" that try to predict the future shouldn't have jobs in finance.
  16. GoldFinger1969

    GoldFinger1969 Well-Known Member

    BARRON'S is excellent -- must reading weekly, IMO.

    They don't make predictions though their columnists will offer their opinions many times. What they excel at is laying out the pros and cons and letting their astute readers make up their minds.

    They've been bullish on gold and silver for some time now, BTW.
  17. Doc J

    Doc J Mr. Brightside

    I was just them offering their opinion. I agree that no one has a crystal ball. It's up to you to figure this market out and beat it.

    I like gold coins.
  18. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Ask Jussie Smollett......:D:D:D
    Cheech9712 likes this.
  19. fretboard

    fretboard Defender of Old Coinage!

    Silver, still slo pokin' along! Great news for all holders of silver!! woohoo-dancing-banana.gif
  20. furryfrog02

    furryfrog02 Well-Known Member

    Just took a look at coinflation to see what the price was today...

    The first article on there was this:

    Hold off on gold price explosion; $2,000 won't come this year, here's why
    Kitco News

    "Gold’s long-term price target is still $2,000, but that price level will not be seen this year, owing to several technical and fundamental hurdles that need to be breached first, this according to Lejun James Shao, a columnist for Seeking Alpha. In a recent Seeking Alpha article, Shao said that gold needs to continue to rally into $1,800 an ounce before it completes its breakout move."
    Read Story

    Current melt value:

    Silver: $25.72 [​IMG] 1.36 Gold: $2003.57 [​IMG] 25.89

    Cheech9712 and GoldFinger1969 like this.
  21. Jeffjay

    Jeffjay Well-Known Member

    Nobody knows what PMs will do but there sure are a lot of people who want you to believe they have a crystal ball. LOL
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