$15,000 Gold and $1500 Silver - Gold and Silver Predictions By Mike Maloney

[dPain261]

Who else wants to see a tv series for silver?

Silver Rush friday on discovery.

[Stringyheads]

OK so we end up Hypothetically with silver at $1500 oz possibly due to the true free market coming back but then what? what will the dollar be worth at that time?, I think 20c worth of goods compared to today's $ value? So to cash in where to go what to do at that point?. I think some can do all right on the way up selling while the dollar still have some value driven by the false market but once the Federal Reserve cant sustain anymore cover ups and the free market begins then the $ will sink.

[ent257]

@Stringyheads When that happens what would you rather buy food and the replacement currency with, silver or dollars?

[ThePjcull]

You can buy silver at $30-$32 an ounce and was $11 five years ago.I missed the gold train so silver is a good buy still today.Gold in 1998 was $300, now its $1700 an ounce.Now my 50 ounces I bought for $2000 could go to $75,000 that would be cool but even if it doubled or tripled it would do better than my rrsp's.Anyway good vid and something to digest.Paul

[joetaxpayer2]

Do you know how much gold is in the world? Right, 5.3 billion oz. Can you multiply 5.3B by $15K? $79Trillion. Do you know what the wealth of every person on the planet adds up to? About $120T. Somehow gold being worth more than "everything else" makes little sense.

[kn9ioutom]

IN A HERBERT HOOVER ECONOMY GOLD IS KING !!!

[silvercoinsforfree]

I just want to express my pleasure in being a part of this growing family of silver investors and to let everyone know what a great opportunity Silver Snowball is. I have been, and am currently buying silver coins/bullion on most down trends in the market to accumulate my holdings in silver. Since joining Silver Snowball, I have enjoyed adding "real" American silver Eagle coins to my portfolio and cannot believe that I didn't start earlier. Check it out...

[DocWog]

Demand and supply is an economic model of price determination in a market.

Silver and gold is a good long-term investment for those who can afford it, BUT it seems to me that continuous growth of the gold price is clearly due to artificial market manipulation intentionally created by rich and powerful. By escalating people's interest and their further desires, it is obvious why price is continue sky rocketing.

[yahoopl3]

I sold half my gold and bought silver about 1 year ago because of this guy. Wish I had never heard of him. Stupid asshole

[preparadox]

@yahoopl3

hang in there you won't regret it. Not saying anything about this guy in particular, but silvers' in backwardation under the covers already, JP will run out of cons before long. Anyone investing any significant amt of money will see that there is more paper alone out there than there is physical, people are waking up, soon the paper holders will bail and the price will be out of JP's hands....

[Castorios]

(August 10 2011)

It reached 1795$ today , climbing up the exponential curve...

Gold/Silver ratio at 45

Put all of your savings into hard assets, not paper, get prepared.

[DocWog]

AHA Investor- is a magazine with a great source of information.

Silver had become systematically de-monetised by governments over the past 150 years or so. These actions have been the gold/silver ratio move from its long historical average of round 15:1 to a peak of 100:1 in 1991 to 33:1 today. In other words, 1 ounce of gold is now equivalent to 33 ounces of silver. Precious metals will have an increasing role to play as the current unsustainable system evolves to a more stable footing.

[tomnguyen0820]

he is Mike balony

[GOLDSILVERDUDE]

@tomnguyen0820

FUCK U AND DIE SHEEP SCUM. KILL YOURSELF YOU DROOLING RETARD. FUCK U AND DIE!

[GotSilver100]

Check out my new GOT SILVER? shirts on Ebay

[pt1gard]

@daverenick ... have you sold yet, its 42.52 now

[shwantz3]

@daverenick - $15,000 Gold - $1,500 Silver is possible. If you peg Gold & Silver to the dollar we should be there now.

We are just waiting for JP morgan to run out of price manipulation scams. Its coming - wait. We saw $30+ in December 2010, & here we are again after a small dip. @ 1/16 of Gold it reaches $200+ an ounce. Mike Maloney has been guiding me for 10 years - I've never lost money 1 single time. You call him a huckster, I call him a genius. I bought @ $16 & I'm up huge.

[09SRILANKA]

Mass silver buy day on 11th December 2010, buy physical. Buyers unite!

[marshall2411]

@09SRILANKA really?

[brynnus]

I've seen a lot of these type of predictions with the current global financial positions. Personally I suspect a top of around $150, approximately a days wage which is it's historical value. The question I have is, what should I do with it when it reaches that price? Sell for a profit in another currency, or hold as a hedge?

[chadgresham]

@brynnus That's a good question I have been trying to find out the samething. My question at the current rate that we are going in the United States we may see a cashless society. What then? What will silver be worth then?

[Paetaor]

You can't predict a price without knowing the future inflation rate,

Anyone predicting a price is delusional. It's going up but predictions are silly and most won't give a timeline.

[Yamakashi1]

by the time it goes to 1500 , dollars will be used for toilet paper anyway.

[TheMystic2100]

@Yamakashi1 Once silver hits $1500 you'll be able to buy Property, food, goods WITH REAL MONEY Silver. No one will want fiat money as it will finally be obvious even to the dumb that paper money is one of the greatest cons on the people.

[Nathan21122012]

@Yamakashi1 So better to have silver than USD (:

[steamingpoopfart]

@Yamakashi1 well its 1548 now..... u lose

[NAP0LE0NDYNAM1TE]

I'm buying silver and I'm sure it will go up, but 1500? let's not get carried away lol.

[Yamakashi1]

@NAP0LE0NDYNAM1TE people do .. get carried away

its exponential ,so it might

the gains will mostly be lost value in the fiat

fundamentals,technicals are lined up for a huge breakout not just in xau/gold

and you know all the other details.

but yeah, 1500 is a lot.

[NAP0LE0NDYNAM1TE]

@Yamakashi1 yep, I won't complain if does go that high and I see how it could be possible in the present climate if everyone panics -which is what all these silver gurus and anyone who already owns silver wants to happen. So it's in our interests to spread panic and fear to get rich off silver! funny how these things work eh?

[Yamakashi1]

@NAP0LE0NDYNAM1TE life...

[karenbcz22]

I wonder how long it would take silver to get to $1500./oz?

Of course, if it ends up being a "bubble", it could happen within 5 years, I suppose.

[TheBlitz1]

@karenbcz22 all it would take is foreign investment in the dollar to collapse

[germans1]

What about silver stocks will they explode as well. Because I have been told to buy a company called Arian Silver a junior miner listed on the London aim market and also listed on the Canadian stock exchange. Have been told its about to explode upwards.

[geocom75]

You carnt trade with paper it needs to have some value and rarity gives it the value, the fact that its used in everyday items gives it the value, its consumed, who will but your silver at $1500 ? companies that make these products will buy your silver, governments will want your silver, did you buy petrol when oil hit $150 a barrell ? of course you did because you needed it to get your car going. Just like you will buy food when it triples or quadruples because you have no choice.

[geocom75]

Hmm i wonder who will buy my gold at $15000 and my silver at $1500 maybe you should ask the people of zimbabwe who need to find the stuff to survive . Whats going to happen when your cash is worth less paper, and you need to come up with something tangible to buy food ? Why would China be encouraging its citizens to buy silver ? The green backs you hold are only paper, that is fast devaluing everytime that FED prints more of it.

[ripperduck]

Can't see this happening at all. Silver can't even get back to it intraday high of 21 that it hit two years ago, and it collapses in price in summer when traders go on vacation. So given its deeply manipulated price structure, how in hell is it ever going to get to 1500? Unless someone can show how that's gonna happen, then this is malarkey....

[LuminousCosmos]

@ripperduck a future short squeeze perhaps? Adjusted for inflation silver's record high should be around $130 right now. It's a bargain at the moment.

[llmasterkll]

What ppl need to realize that as gold and silver increase in price, there is less and less demand for buying it and more demand from foreign countries for mining it.

Who will buy your $15,000/oz gold and $1500/oz silver? High price KILLS demand. Your bullion is only as valuable as the price people are willing to pay for it.

[mattandpatti222]

@llmasterkll Ya, that is what they said about diamonds too! just some ol' piece of rock!

[GuntherL1]

@llmasterkll It's useless to put figures on future gold and silver prices, but I'm pretty sure that physical metals will becom much more popular when the currency crisis starts. I don't understand your statement 'less demand'. That's not true at all.

[hanvo216]

gold can rise to any price and yes silver will explode when gold is too expensive, silver will sky rocket and blow the roof .Unless America pays off their debt and starts to fix their books than gold and silver will break records, Gold is already breaking records and as for silver. The ones that does the odd ,strange and place bets against the market are the ones that will turn out Rich .Take note that the billionaires are the ones that take risk and make decisions that the average investor wont

[danny3571]

15000/oz???!! Maybe in the next 20 years.....Theoretically possible in the near term only if the economy goes into hyperinflation. But then a loaf of bread will probably cost you 50 bucks. So 15000/oz gold is not going to be worth as much in relative terms.

[nezpercenathan]

I agree that silver is undervalued now, but a lot of people seem to have forgotten that the $50. in 1980 was fueled by the actions of the Hunt Brothers, a special situation.

[LuminousCosmos]

@nezpercenathan Good point, though I am more inclined to look at the historical gold/silver ratio for price support.

Should gold become increasingly expensive (which I think it will) it simply won't be possible for many to afford a single ounce in America in a couple of years. Silver will kick in then.

[johnaiton]

Silver sold so high in the 80's due to an investor claimant scandal.

False measurements to base anything from.

[nate6474]

i have a lot of silver bars man i will be rich bitch

[sonofagun00]

@nate6474

not necessarily. Purchasing silver is a good thing, don't get me wrong. But if hyperinflation hits it doesn't mean you will be rich. Simply what it means is that your dollar value is secured in the price of silver therefore you are less effected by hyperinflation.

Think of it this way, if silver hits $1,500 then that means that the US dollar would have to lose tremendous value, so you would own $1,500 worth of devalued US dollars...still a good thing!!!

[johnaiton]

@sonofagun00

Not if you have personal loan debts ;)

They stay fixed through hyperinflation, although mortgages are different.

If you get a personal loan for $10,000 and then go buy 800 ounces of silver, when silver hits $1,500 then you suddenly have a million dollars and only owe maybe $12,000. You then convert that million into gold/platinum and RIDE that deflation for the next decade as ratios adjust

[LuminousCosmos]

@sonofagun00 Although purchasing power is merely protected, systemic shocks and a near-total collapse of the economy means some items shall become rather cheap compared to what they are now.

[Foreigners with dollars, pounds, Swiss francs, or Czech crowns lived in opulence. They were hated. "Times made us cynical. Everybody saw an enemy in everybody else," said Erna von Pustau, daughter of a Hamburg fish merchant.] - excerpt from 'The Death of Paper Money' article by E. Pritchard

[jhi1947]

SilverSnowball krap is nothing more than a scam pyramid scheme.

[jhi1947]

SilverSnowball krap is nothing more than a scam pyramid scheme.

[Breycor]

Silver is the best investment in the world, IHMO.

[1XMarksSpot]

@Breycor How so?

[Tasadaru]

According to both Mike - who is the guy in the vid - and Robet Kiyosaki - who owns one of the largest gold mines in China - silver could reach the same price as gold. Youtube Adrian Douglas Silver if you need some convincing.

[rollsthepaul]

We are heading to a point where barter will be the currency and gold and silver will not be used. Changes will happen quickly, over the next three years.

[sonofagun00]

Sorry to say dude, even if the world goes back to a barter economy (which is highly unlikely) gold and silver will still be considered precious. There's no way in hell you can replace either of them - 6,000 years of historical use can't be replaced in the next 3 years, I'm willing to bet my 500,000 silver .9999 maple coins on that!