@gusgus1219 It is possible for silver to trade 1/1 to gold or even surpass it at some point. Gold is stored while silver is used in industry and has been discarded for years. People are buying silver at a 1/1 ratio to silver right now. Lots of info to back this up if you are willing to invest some time and do the research. $5000/oz silver though? It would be nice but I wouldn't bet on it myself!
@nowfabien, silver and gold have always had a high value and are a hedge against inflation. Beanie babies never were. And I don't know what you mean by religious fanatics, but it sounds to me like you look into this a little more.
If you look at the fundamentals and history and the current world conditions it is more reasonable to suggest that Silver would/could go to somewhere between $200/oz and $1000/oz given the right conditions which appear to be forming! My prediction is that given the eurozone status and the US debt we should see Silver Breaking through $100/oz and well beyond by mid 2012. In fact it should be that price right now at least!
That said nothing of a $5000/oz forecast. What you are probably referring to, the "Silver 5000" at the top is the contract quantity. $43 per ounce multiplied by 5000 ounces.
Five grand an ounce? What the hell are they smoking? Lay off the peyote man lol
Sidewinder9877 3 weeks ago
That guy says everything right then goes and blows it by telling people to buy siver ETF's nooooo!!! buy physical people!!
ColdWarWarriors 3 weeks ago
@gusgus1219 It is possible for silver to trade 1/1 to gold or even surpass it at some point. Gold is stored while silver is used in industry and has been discarded for years. People are buying silver at a 1/1 ratio to silver right now. Lots of info to back this up if you are willing to invest some time and do the research. $5000/oz silver though? It would be nice but I wouldn't bet on it myself!
ArgentPure 1 month ago
i think 5000 is over rated
silver can never and will never surpass gold
its impossible
gusgus1219 1 month ago
@nowfabien, silver and gold have always had a high value and are a hedge against inflation. Beanie babies never were. And I don't know what you mean by religious fanatics, but it sounds to me like you look into this a little more.
miketonon 2 months ago
No it is the US Dollar and the silver manipulators on the COMEX that are too volatile and unpredictable.
damienrockaterror 2 months ago
problem is silver is that it is too volatile and unpredictable.
robertlam18 2 months ago
If you look at the fundamentals and history and the current world conditions it is more reasonable to suggest that Silver would/could go to somewhere between $200/oz and $1000/oz given the right conditions which appear to be forming! My prediction is that given the eurozone status and the US debt we should see Silver Breaking through $100/oz and well beyond by mid 2012. In fact it should be that price right now at least!
Dreama40 4 months ago
That said nothing of a $5000/oz forecast. What you are probably referring to, the "Silver 5000" at the top is the contract quantity. $43 per ounce multiplied by 5000 ounces.
douggiephresh1985 5 months ago
Got Silver? Check out the constitution party on the web.
Mr2wings 5 months ago