Do you think silver will hit $20 this month?

jeff of pa

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no but Gold Will hit $1100

Maybe even Today yet
 

ScoobaSteve

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Believe it or not there are very many factors involved in the value of silver. For example, the FDA is currently making an attempt to regulate silver because of people making colloidal silver at home. I don't think that silver will hit 20 this month but it is possible that silver can hit 20 over night, just as gold can go up 100 - 300 a day. There is a lot of uncertainty in our economy and the market but one thing that I am certain of is the rise in value of precious metals.
 

jim4silver

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ScoobaSteve said:
For example, the FDA is currently making an attempt to regulate silver because of people making colloidal silver at home.

I believe what you are referring to are nano-silver products which are taken like a medicine/drug (i.e. colloidal silver). There is nothing they (the FDA) can do to regulate the precious metal silver itself--such as coins, bars, silverware, etc.

Jim
 

ScoobaSteve

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jim4silver said:
ScoobaSteve said:
For example, the FDA is currently making an attempt to regulate silver because of people making colloidal silver at home.

I believe what you are referring to are nano-silver products which are taken like a medicine/drug (i.e. colloidal silver). There is nothing they (the FDA) can do to regulate the precious metal silver itself--such as coins, bars, silverware, etc.

Jim

Correct me if I am wrong but there are 2 companies that sell .9999 gauged silver wire specifically for making colloidal silver at home. I know the FDA can't regulate the metal itself, coins, bars etc but I think that the FDA can regulate the use of silver in consumable products etc which would or could impact the silver market.
 

jim4silver

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ScoobaSteve said:
jim4silver said:
ScoobaSteve said:
For example, the FDA is currently making an attempt to regulate silver because of people making colloidal silver at home.

I believe what you are referring to are nano-silver products which are taken like a medicine/drug (i.e. colloidal silver). There is nothing they (the FDA) can do to regulate the precious metal silver itself--such as coins, bars, silverware, etc.

Jim

Correct me if I am wrong but there are 2 companies that sell .9999 gauged silver wire specifically for making colloidal silver at home. I know the FDA can't regulate the metal itself, coins, bars etc but I think that the FDA can regulate the use of silver in consumable products etc which would or could impact the silver market.

I don't follow the whole collodial thing so I don't know for sure. I would never take the stuff in that I have seen people who look like "papa smurf" from taking too much or for too long.

But the FDA can only regulate food/drug type things. They could pass a law perhaps stopping companies from marketing products to people for certain purposes.

How would that impact the silver market/price? I am sure the use of silver to make colloidal silver is so very small I don't see how that would affect supply/demand.

Jim
 

golden silver

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CCrazed yup you did it you got another post added to your number! :hello2: And yes, it will pass 20 soon.

golden silver
 

jeff of pa

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I Think in another 3 years
Silver will either hit $20 again
or Be $4.00 an OZ.
 

jeff of pa

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thrillathahunt said:
Hey Jeff, gold reached $1102 today.

Was So Close I Figured they would
Cause a Spike Over :thumbsup:

Will Probably drop $10.00
on a Correction Shortly Now

before rising above for longer
 

fistfulladirt

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I have been buying Walkers in quantity @ 12 X face, only because they're my favorite. I hope for $20 and then the moon! ffd
 

jersey devl

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Man last year at this time I was calling for $25 silver by 03/09 and boy with the bailouts and what not did I get to taste my own foot...That is one unpredictable market! Buy and hold...it'll get there. :dontknow:
 

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thrillathahunt

thrillathahunt

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Here is an interesting fact I dug up.

In 1949 our government owned 6 BILLION ounces of silver. Today it owns none.
 

jeff of pa

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jersey devl said:
Man last year at this time I was calling for $25 silver by 03/09 and boy with the bailouts and what not did I get to taste my own foot...That is one unpredictable market! Buy and hold...it'll get there. :dontknow:

I sold off the Bulk of my Silver Coins & Jewelry in the $19.00 Range
Right after it Dropped off the $20.00 Mark So
no real Regrets for me

YET
 

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