Why can't you be more specific? What business are you in? If this is about the increased medical uses, it is known and it has been at least partially priced in.
Silver buyers.....silver to hit 125 in 90 days (in summer 2011)
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Why can't you be more specific? What business are you in? If this is about the increased medical uses, it is known and it has been at least partially priced in.
Dr.3D
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Silver has so many uses, it's hard to find each and every one of them. This could be about the use of silver in superconductors too.
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libertybrewcity
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don't forget that if silver is at 125 then gold will be around 4150 to 4500 dollars per ounce. I don't buy it. I don't believe silver prices are ever strong during the summer months. There is usually a lull around May.
showpan
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Not true. The 16-1 ratio, which would likely be closed to that level by $125 silver, would have gold at $2000/oz. That seems entirely reasonable.
Zippyjuan
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Silver is what- $43? And Gold- $1486? (figures from KITCO) If silver goes to $125, that is nearly a triple (and probably why that number was chosen as a prediction). If Gold does the same thing, that would be nearly $4500 an ounce. One must be careful about exorbinant predictions from people who sell the very thing they predict will soar in value. They do have a motive to make such bold claims (their own profits).
puppetmaster
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Here is the deal. I buy and sell metals daily for a profit. With the volume that I move I get 99% of spot when I sell. This information that I have will not affect my metals trades a great amount. It will affect my jewelry businesss adversly. My source for the thread topic is someone with whom I have done business with for years. His business does not make more money with higher prices either. I hope he is wrong.
Also if anyone has pm's they want to sell I pay a very fair price. Message me if you want to sell.
WilliamC
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Since the price of silver has been manipulated so heavily for so long via the trade in 'paper' silver and since the total amount of the worlds wealth invested in silver is so very small as compared to other investment vehicles I could easily believe that there could be a sudden, rapid price spike in silver that would not be greatly reflected in the price increase in other commidities, even gold.
So yes, I could see silver going up 5 to 10 fold and most of the worlds populace and markets wouldn't be affected at all.
For all those thinking it will fall, well the so-called spot price might but good luck finding physical if it does and the premiums will be steep.
So yes, I could see silver going up 5 to 10 fold and most of the worlds populace and markets wouldn't be affected at all.
For all those thinking it will fall, well the so-called spot price might but good luck finding physical if it does and the premiums will be steep.
The stock market took a dump today on news that everybody already knew was coming. The dollar only modestly gained. But PMs didn't flinch and gold is about to hit $1500! Metals are where to go in case of stock market crash OR hyperinflation. It's a no-lose bet right now and for the foreseeable future.
There is a correlation between the prices of gold and silver. Not causation.
Gold has already run part of it's bullish course and silver is merely cacthing up: see prices relative to nominal all time highs.
If silver goes up three fold to 125$, I surmise that gold would likely move up 20-50% or so, depending on news etc.
Gold has already run part of it's bullish course and silver is merely cacthing up: see prices relative to nominal all time highs.
If silver goes up three fold to 125$, I surmise that gold would likely move up 20-50% or so, depending on news etc.
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puppetmaster
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still climbing......guess will see soon enough.
Lord Xar
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what do you think about Jim Rogers impression of a possible parabolic move?
http://www.ronpaulforums.com/showth...ssues-Warning-quot-Parabolic-Moves-Always-Col
http://www.ronpaulforums.com/showth...ssues-Warning-quot-Parabolic-Moves-Always-Col
Hogwash. A parabolic move is the correction of silver to it's true free market value at the historical 16-1 ratio.
eta: I vote we make THIS THREAD the running silver commentary thread. Let's follow and see if the prediction happens in real time.
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puppetmaster
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I will keep it up to date. I will eat crow if I am wrong.
puppetmaster
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interesting trades in silver today.
If only I should have listened and invested in gold and silver. Since I am a newbie what do you guys recommend for someone new to this stuff. Where can I buy hard silver or gold? I'm not a rich man, but it seems the investment will pull off in the end. I guess I should use the search capabilities of this forum. 
