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silver spot for the rest of the year!

PostPosted: Sun Mar 06, 2011 11:26 am
by misteroman
Just thinking about this last night while laying in bed(don't we all) and was wondering about the next 9 mos of silver.
for the record I'm saying/voting $20-25 will be the low for the rest of the yr.

Re: silver spot for the rest of the year!

PostPosted: Sun Mar 06, 2011 11:34 am
by Sheikh_yer_Bu'Tay
The silver market is now entering a very caotic period. The naked shorts have been exposed for what they are and the short squeeze is on. Silver will soon be a household word.

Who can fortell the future? It will drop below $20 only with government intervention. The gov. has done it before, but they had millions of ozt. to interviene with. Now they don't.

One guess is as good as another.

Re: silver spot for the rest of the year!

PostPosted: Sun Mar 06, 2011 12:02 pm
by misteroman
I think it's going to go into the low $20's one more time because something will happen that will make alot of people dump it. not sure what that is but think it will happen one more time before the end! While more and more people are catching on to whats really going on, the masses are still unaware.

Re: silver spot for the rest of the year!

PostPosted: Sun Mar 06, 2011 12:16 pm
by hejira11
I voted for Never under 34 again. for Ray. I don't know Ray, but if it makes him happy, who am I to argue! :)

Re: silver spot for the rest of the year!

PostPosted: Sun Mar 06, 2011 12:44 pm
by misteroman
lol thats a pretty funny post. No reply from Ray but see he's online so bet he voted!

Re: silver spot for the rest of the year!

PostPosted: Sun Mar 06, 2011 12:47 pm
by beauanderos
hejira11 wrote:I voted for Never under 34 again. for Ray. I don't know Ray, but if it makes him happy, who am I to argue! :)

Hah! See, Derek... I'm not the only one who feels this way. Hejira11, dude... you the man, dog! ;)

Re: silver spot for the rest of the year!

PostPosted: Sun Mar 06, 2011 1:09 pm
by misteroman
your package and check were mailed yesterday as promised let me know if ya need the tracking #.
and it's spelled DAWG these days sir, unless talking about a furry animal

Re: silver spot for the rest of the year!

PostPosted: Sun Mar 06, 2011 1:40 pm
by franklin
I figure with the ASE minting coming to a standstill for the time being, it will only go up as demand continues. And looking at the big on-line auction, it appears the demand is still there.

Re: silver spot for the rest of the year!

PostPosted: Sun Mar 06, 2011 3:59 pm
by argent_pur
Sheikh_yer_Bu'Tay wrote:Silver will soon be a household word.


Something that has been a real encouragement to me is the explosion in the number of silver videos on youtube. When I first was interested in silver in '05, you could count the number of silver videos on two hands. NOW, there are hundreds, maybe even a thousand or two have been produced over the last few years. Men and women, black and white, adults and teens, Americans/Brits/Canucks/Aussies...one Russian---ALL making silver vids!

Silver...the new epidemic :D

Re: silver spot for the rest of the year!

PostPosted: Sun Mar 06, 2011 8:31 pm
by beauanderos
argent_pur wrote:
Sheikh_yer_Bu'Tay wrote:Silver will soon be a household word.


Something that has been a real encouragement to me is the explosion in the number of silver videos on youtube. When I first was interested in silver in '05, you could count the number of silver videos on two hands. NOW, there are hundreds, maybe even a thousand or two have been produced over the last few years. Men and women, black and white, adults and teens, Americans/Brits/Canucks/Aussies...one Russian---ALL making silver vids!

Silver...the new epidemic :D

Heck... I've even made six myself this week, and I'm nothin but a technophobic decrepit feeb.... Dawg!

Re: silver spot for the rest of the year!

PostPosted: Fri Mar 11, 2011 9:52 am
by misteroman
looks like 26% of the people were wrong so far! c'mon $22 S we can stock back up!

Re: silver spot for the rest of the year!

PostPosted: Fri Mar 11, 2011 10:12 am
by Roadrunner
misteroman wrote:looks like 26% of the people were wrong so far! c'mon $22 S we can stock back up!


Why? It hasn't gone under $34 yet.

Re: silver spot for the rest of the year!

PostPosted: Fri Mar 11, 2011 10:14 am
by misteroman
lol totally read that wrong! :oops: carry on! ;)

Re: silver spot for the rest of the year!

PostPosted: Mon Mar 21, 2011 4:59 pm
by Treetop
unless I missed it, it did drop below 34 during part of a trading day, but hasnt closed under 34 since this poll.....

Re: silver spot for the rest of the year!

PostPosted: Mon Mar 21, 2011 6:02 pm
by whatsnext
Dont think 25 will show itself again.
After the present getting 4 ozs for 100 would be a sweet deal so demand would stop a really big fall.

I dont think silver is being hid anymore, people just have to want to look now.I really thought a big pullback was here and nothing happened. Why didnt somebody throw their monkeywrench? Corrections will still happen, but it might be 40 to 35 who knows

A strengthening dollar would surprize the dickens out of me. Interests rate have to rise I think, so unless something like debt restructuring or an out of the blue political carnal happens it should not fall too much.

Still plenty of demand aparently.
Somebody said that the dollar was on the way out by the end of 2012 who knows.

Re: silver spot for the rest of the year!

PostPosted: Mon Mar 21, 2011 10:08 pm
by neilgin1
I'm with Ray.

I would have voted $34 plus anyway, but since i'm new here, i've had the good pleasure to correspond with Ray, both open forum and via PM, and i can safely say that Ray is a well thought and prudent man, who's world view i share, which includes how to buy PM's.

Ray did me a solid by opening some doors for me, but i couldnt take advantage of this generous act. i felt pretty bad, but apologized profusely and asked Ray to understand without going into specifics, which he did. a class act, a generous intellect, and a man i would want in my foxhole when the going got rough. You're a gem , sight unseen.

and may i venture this, and will take the appropriate ball busting if i'm wrong, i will be very surprised, if on 31 Dec 2011, Silver is below $60 USD the oz.

respectfully, neil

Re: silver spot for the rest of the year!

PostPosted: Mon Mar 21, 2011 10:17 pm
by Know Common Cents
The wild card is how much additional silver Japan will need for the rebuilding of their country's infrastructure. My bet is on the No Drop Below $34 through the end of the year. As gold gets more and more pricey, more people will also turn to silver for something that's more affordable.

Re: silver spot for the rest of the year!

PostPosted: Tue Mar 22, 2011 7:08 am
by Rodebaugh
neilgin1 wrote:I'm with Ray.

Ray did me a solid by opening some doors for me, but i couldnt take advantage of this generous act. i felt pretty bad, but apologized profusely and asked Ray to understand without going into specifics, which he did. a class act, a generous intellect, and a man i would want in my foxhole when the going got rough. You're a gem , sight unseen.

respectfully, neil


It's offical.....we know different Rays :lol:

Re: silver spot for the rest of the year!

PostPosted: Tue Mar 22, 2011 6:17 pm
by neilgin1
Rodebaugh,
i meant Ray "beaunaderos"...wrong "Ray"?...laughing, neil

Re: silver spot for the rest of the year!

PostPosted: Mon Apr 11, 2011 9:12 am
by Treetop
Treetop wrote:unless I missed it, it did drop below 34 during part of a trading day, but hasnt closed under 34 since this poll.....


Silver still hasnt closed below 34 since this poll. I remember thinking at the time how strange it would be if it didnt drop below 34... and here we are at 41.50.....

we have had many here predicting a major correction since 26..... wouldnt surprise me at all... but i sure wouldnt be counting on it, with the dollar pegged to be replaced as the reserve currency. the big players know this.