Where will the Price of Silver go (2015)?

Well since I only starting stacking ASE's and junk silver when the price an ounce was around 15.50, I would like it to stay lower so I can stack more of it, but it looks like it is heading to around 30.00 again by years end.

 

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>$30 because of what is happening, as predicted by some. First the SNB depegs, The ECB starts QE at over a trillion..with the Germans on board.

I think it is their turn to debase, the US will follow suit in about 18 months....until that time silver/gold goes up. Exact opposite as one would expect when the dollar is rising and the best Edited Language, please read the rules in the pile....its price will be demand driven, assets in demand with the mines closed. The mines will not open in volume until Silver >$30 and Dr, Copper >$4 lb.


Watch Lumber - it is starting to turn also....down.

 

Early February analysis:
http://www.forbes.com/sites/jesseco...nd-silver-rally-for-real-heres-what-to-watch/

LBMA 2015 forecast:
https://www.bullionvault.com/gold-news/silver-gold-013020152
http://www.lbma.org.uk/assets/Forecast 2015_FINAL LINKED.pdf

 

Silver will stay about the same. I don't see anything that is really make me think otherwise.

 

Fair enough, 'about $17' ; when did you abandon your "$40 quite soon" call, in 2012?

 

You really like doing things like this don't you? Have you made any silver forcasts that got close? Do you even own a speck of silver?

 

I was providing my opinion in 2012 on the price of silver. If I do recall, it did go over $40 and nearly to $50 and then came back to earth from the gravity of things. I do own silver in coins and ETF's but I wasn't buying silver ETF's on its way up, however I have been buying them on the way down. I bought some at $23, some at $18, and some at $15. I've become a longer term investor and using an income averaging strategy. As only 5% of my portfolio is in silver ETF's, I'm willing to wait it out. If I can eventually scratch out a 5% return on it, I'll be happy. As coins are my hobby, I'm doing that part of it for the fun of it all. As a general note, I do not trust anything that I read on the potential for precious metals. I'm buying now because it feels low to me. I bought heavily into the US stock market in 2008-2012 because that felt low to me. I bought into real estate ETF's from 2010-2012 because that felt low to me. I've been buying heavily into Europe stocks for the past two years because that feels low to me. I'm betting that I'll be right more than I'm wrong. It has worked for the past 30 years and I don't see any reason while I won't continue to work for the next 30.

 

LOL

 

I totally agree

 

According to Theodore Butler a top rated silver analyst, Oddly enough, there have been withdrawals of silver from the ETF fund SLV when there should have been deposits. Metal was not deposited into SLV while it was deposited into GLD under similar trading circumstances. The most plausible explanation is that gold was available for deposit while silver was not. Even if the delay in SLV is relatively short it is clear that there was a delay in silver deposits but no delay in gold. Big silver deposits of 6 million ounces should have been made into SLV on some trading days. As of now, no deposits have been reported. The word for the inability to deliver a physical commodity in a timely manner is shortage.

On the other hand, almost 7 million ounces were removed from the SLV on a single trading day.

Justr my 2 cents worth.

 

Silver investors: our time has finally come...

This article is on copyrighted for pay newsletter sites, and copy/paste of copyrighted material is agaonst the rules. I have deleted most. You can replace with a url, if you wish or others can search for it.

 

You have better odds in Vegas.

 

We'll see what happens. My guess is if the US ever puts boots on the ground and starts wompin' on ISIS then we will see some definite movement. Whether the price goes up or down, alot is contingent on whether we get in another war or not. JMHO We'll see.

 

When I sell all mine 12/29/2015 silver will spike $2.50 an ounce on 12/31/2015.

 

Well, no. Your call was 2/24/12, 10 months AFTER Silver closed at $48.70.

The average price of Silver in 2011 was $35.12; your call was when Silver was $35.57 (about average.) Silver never went to $40 in 2012. It went up a little bit within a few sessions of your call, but you forecast Silver's rise 12.45% in late Feb. 2012 (in relation to a presumed "FICA tax holiday" or 12 month period) whereas, in fact, Silver "soon" plunged -25%!

You were absolutely incorrect on trend. I'm not sure you grasp that, but I asked when you revised your wrong-thinking, in 2012 or 2013.

The numbers are what the numbers are. Check the Kitco charts:
http://www.kitco.com/scripts/hist_charts/yearly_graphs.plx

 

I'm a chemical engineer and not a silver trader. I was stating my opinion on silver as well as my disdain for the FICA holiday, which I felt was a stupid idea that subsequently ended with bipartisan support to stop it. The end of the FICA holiday, the end of the QE's, the improvement in the economy, and the reduction in the deficit have all led to a stronger dollar and raised the stock market to record levels. It is also one of the reasons that silver and gold have diminished in value. Although I didn't buy silver when it was heading up, I am buying it now. Of course, I'm only an amateur and claim no clairvoyance in this matter.

 

Fair enough. I don't agree with your correlation of FICA with Silver, but concur that dollar-cost averaging seems the way to accumulate generally (I'd apply a few other buying rules.)

I'm leery of fanboys, hypsters and the irrationally exuberant 'true believer' types who can only see upside. Paid experts are more likely to be correct than ~75% - 85% of the "bullionist investors" here. The collective solution "average guess" of a large pro sample should be, statistically, most likely to be closest to the best guess.

+/-$2 is "about the same" price, IMO.

 

So in Jan. 2016 I guess you'll drop by and point out all the "wrong thinking" from "bullionist investors?" And of course no will be able to point out your "wrong thinking" because I have yet to see you partake in your own poll.

Most surveys or polls of what people think or like end with something from the OP such as: this is what I think, this is what I would do, this is my favorite, ect. But not yours. You have yet to stick your neck out, but your asking others to stick theirs out. What are you afraid of; that you may not be so superior after all? Let's hear it Del Pinto; what's your prediction for 2015?

 

That's the point...in a DEFLATIONARY vortex, precious metals may go down in price and still appreciate in real terms.

I think you make a good case for $30 silver. I can also make a case for single-digit silver.

Keep your powder dry.......

 

Wild guessing is basically crazy talk.
The total range of LBMA forecasts is from $10. - 22. Only 3 ('optimists') predict a range high of $22., and this 10% are guessing an avg close of $18.12; 17% ('pessimists') are forecasting a range low of ≤ $13 and their avg close is $14.97

I voted, my guess is immediately ascertainable, and my rationale is clearly stated above. I can also be wrong in all those, obviously.