So...silver dipped under $15.00.....

[CoinHuntingDrew]

What to say, what to do...


I just made this thread to ask you guys one question that's been on my mind lately.

Do you think silver and gold and precious metals in general will take a spike up in price within, say, the next 6 months? Maybe specifically around christmas time, like usual as it seems?

 

[masterjedi]

If we knew that we would be rich

 

[enamel7]

I think so, even if it's just an opinion.

 

[Beachkid23]

What to say, what to do... I just made this thread to ask you guys one question that's been on my mind lately. Do you think silver and gold and precious metals in general will take a spike up in price within, say, the next 6 months? Maybe specifically around christmas time, like usual as it seems?

Time to buy a 10 oz bar at apmex. I would like to see $10-12 / oz. since it has dropped I have a found a lot more at yard sales. And average on 75 Sterling Silver rounds have sold between $25-30 apiece. Some higher up to 50. I don't know if it will spike or not as long as energy keeps going down and gas, silver and gold are going to do the same. I'm putting myself in a position to just buy and resell instead of keeping it... however I do have a thing for 10oz bars lately....

 

[Twitch]

I don't see silver spiking any time soon. I expect the gradual downward drift to continue through 2015. I have no supporting evidence for this claim.

 

[baddbluff]

It was fun while it lasted. Glad I got rid of mine when it was still worth something. I wouldn't be surprised if silver dropped back to $5/oz.

 

[Charlie P. (NY)]

I think it's going to correct at around $13.50/oz. for 2015

I remember when it went to $11.00 in the late 80's with the Hunt Brothers ( I worked at a photographic film ane paper producer and it near killed us). Had been just over $7 for years before that

Interest rates are coming up and that will drive stocks and precious metals down.






Silver is anti-inflation. And the rates should drive inflation up.