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  1. #1
    us
    Jul 2006
    3,234
    All Types Of Treasure Hunting

    Do you think silver will hit $20 this month?

    Any prognosticators here?

  2. #2
    Charter Member
    us
    MINELAB XS-2 Pro ....... XTERRA 305 ....... EXPLORER SE PRO

    Dec 2003
    Joliett Schuylkill County
    35,528
    140 times
    All Types Of Treasure Hunting

    Re: Do you think silver will hit $20 this month?

    no but Gold Will hit $1100

    Maybe even Today yet
    discriminate out Spike TV and American Diggers !

  3. #3
    us
    Nov 2008
    USA
    Garrett GTX500
    160

    Re: Do you think silver will hit $20 this month?

    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.
    I never let school interfere with my education.

  4. #4

    Apr 2008
    2,479
    3 times

    Re: Do you think silver will hit $20 this month?

    Quote Originally Posted by ScoobaSteve
    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
    R.I.P. Rich Hartford

  5. #5
    us
    Nov 2008
    USA
    Garrett GTX500
    160

    Re: Do you think silver will hit $20 this month?

    Quote Originally Posted by jim4silver
    Quote Originally Posted by ScoobaSteve
    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 never let school interfere with my education.

  6. #6

    Apr 2008
    2,479
    3 times

    Re: Do you think silver will hit $20 this month?

    Quote Originally Posted by ScoobaSteve
    Quote Originally Posted by jim4silver
    Quote Originally Posted by ScoobaSteve
    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
    R.I.P. Rich Hartford

  7. #7
    us
    Aug 2009
    143

    Re: Do you think silver will hit $20 this month?

    never
    REBEL PRIDE!!

  8. #8
    us
    Jan 2008
    3,351

    Re: Do you think silver will hit $20 this month?

    never

  9. #9
    us
    Jul 2006
    3,234
    All Types Of Treasure Hunting

    Re: Do you think silver will hit $20 this month?

    Quote Originally Posted by bocephus
    never
    Do you mean silver will NEVER ever reach $20 again? Or just this month?

  10. #10
    us
    Nov 2008
    4,291
    1 times

    Re: Do you think silver will hit $20 this month?

    I think it will do better than 20 before the month is over
    2011 Finds
    6x War Nickels
    1x Buffalo Nickel
    1x Mercury Dimes
    66x Roosevelt Dimes
    2x Canadian Dimes
    0x Washington Quarters
    15x WLH
    12x Franklin
    46x 1964 Kennedy
    161 x 40% Kennedy

  11. #11

    Oct 2007
    Hampton Roads, VA.
    bounty hunter sharp shooter 2, minelab sovereign xs 2a pro
    2,747
    Banner Finds (1)

    Re: Do you think silver will hit $20 this month?

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

    golden silver

  12. #12
    Charter Member
    us
    MINELAB XS-2 Pro ....... XTERRA 305 ....... EXPLORER SE PRO

    Dec 2003
    Joliett Schuylkill County
    35,528
    140 times
    All Types Of Treasure Hunting

    Re: Do you think silver will hit $20 this month?

    I Think in another 3 years
    Silver will either hit $20 again
    or Be $4.00 an OZ.
    discriminate out Spike TV and American Diggers !

  13. #13
    us
    Jan 2008
    3,351

    Re: Do you think silver will hit $20 this month?

    or Be $4.00 an OZ.
    if it does that i'll be loading up.

  14. #14
    Charter Member
    us
    MINELAB XS-2 Pro ....... XTERRA 305 ....... EXPLORER SE PRO

    Dec 2003
    Joliett Schuylkill County
    35,528
    140 times
    All Types Of Treasure Hunting

    Re: Do you think silver will hit $20 this month?

    Quote Originally Posted by mistergee
    or Be $4.00 an OZ.
    if it does that i'll be loading up.
    Yep that's the Price I'd buy at
    discriminate out Spike TV and American Diggers !

  15. #15
    us
    Jul 2006
    3,234
    All Types Of Treasure Hunting

    Re: Do you think silver will hit $20 this month?

    Hey Jeff, gold reached $1102 today.

  16. #16
    Charter Member
    us
    MINELAB XS-2 Pro ....... XTERRA 305 ....... EXPLORER SE PRO

    Dec 2003
    Joliett Schuylkill County
    35,528
    140 times
    All Types Of Treasure Hunting

    Re: Do you think silver will hit $20 this month?

    Quote Originally Posted by thrillathahunt
    Hey Jeff, gold reached $1102 today.
    Was So Close I Figured they would
    Cause a Spike Over

    Will Probably drop $10.00
    on a Correction Shortly Now

    before rising above for longer
    discriminate out Spike TV and American Diggers !

  17. #17
    us
    Feb 2008
    dirt, inc.
    JETCO Mustang
    6,198
    22 times
    Dirtfishing

    Re: Do you think silver will hit $20 this month?

    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
    We chased our pleasures here - dug our treasures there
    JM

  18. #18
    us
    Mar 2008
    Indiana
    Tesoro: Cortes,Tiger Shark,& Vaquero
    335

    Re: Do you think silver will hit $20 this month?

    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.

  19. #19
    us
    Jul 2006
    3,234
    All Types Of Treasure Hunting

    Re: Do you think silver will hit $20 this month?

    Here is an interesting fact I dug up.

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

  20. #20
    Charter Member
    us
    MINELAB XS-2 Pro ....... XTERRA 305 ....... EXPLORER SE PRO

    Dec 2003
    Joliett Schuylkill County
    35,528
    140 times
    All Types Of Treasure Hunting

    Re: Do you think silver will hit $20 this month?

    Quote Originally Posted by jersey devl
    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.
    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
    discriminate out Spike TV and American Diggers !

 

 

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