Do you think silver will go up, stay flat, or decline in value?

[clovis97]

I know this has been discussed in many threads, but what do you think?

Will silver go up, hover around the current price, or decline in value?

Where do you think silver will cap out at? $50? $100? More?

Is there a magical number that will make you sell your CRH finds?

 

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[Laken]

Hard to tell short term, but long term?

No where but UP!!!

 

[Silver Stripe]

It will do all 3. HH Mark

 

[Reverend B*IKE*]

If you need or can use the cash in any way or form. SELL! If not holding on to it cannot hurt. I know some old timers in my club who claim to hold on to evrything. (I do for the most part too.) But I think if you are young, savy I wold invest cash in what you can and invest in other things that may have a better chance of increasing in value over time. Higher valued coins for instance or a piece of Art for example. Ther are many other things worth investigating that will hold its value or has a better chance of increasing over longer periods of time. Look what could of happened if you invested in google even this past summer!!

 

[FreedomUIC]

If you need or can use the cash in any way or form. SELL! If not holding on to it cannot hurt. I know some old timers in my club who claim to hold on to evrything. (I do for the most part too.) But I think if you are young, savy I wold invest cash in what you can and invest in other things that may have a better chance of increasing in value over time. Higher valued coins for instance or a piece of Art for example. Ther are many other things worth investigating that will hold its value or has a better chance of increasing over longer periods of time. Look what could of happened if you invested in google even this past summer!!

Apparently you haven't looked at the return Silver has done for the past six months. I am the opposite, hold all you can in Silver and sell some Gold(If you have any) to get more Silver.

 

[AGninja]

If you need or can use the cash in any way or form. SELL! If not holding on to it cannot hurt. I know some old timers in my club who claim to hold on to evrything. (I do for the most part too.) But I think if you are young, savy I wold invest cash in what you can and invest in other things that may have a better chance of increasing in value over time. Higher valued coins for instance or a piece of Art for example. Ther are many other things worth investigating that will hold its value or has a better chance of increasing over longer periods of time. Look what could of happened if you invested in google even this past summer!!

Apparently you haven't looked at the return Silver has done for the past six months. I am the opposite, hold all you can in Silver and sell some Gold(If you have any) to get more Silver.

Umm yes i would agree - Selling now is probably not what 'smart' money would be doing right now. Smart money is buying! buying a piece of art with your silver might be one of the worst investment strategies i could think of. There is so much momentum developing in commodities even today that it would seem really hard to sell right now.

Sell now only if youre really strapped for cash... otherwise keep it all for another 5 years.

 

[FreedomUIC]

If you need or can use the cash in any way or form. SELL! If not holding on to it cannot hurt. I know some old timers in my club who claim to hold on to evrything. (I do for the most part too.) But I think if you are young, savy I wold invest cash in what you can and invest in other things that may have a better chance of increasing in value over time. Higher valued coins for instance or a piece of Art for example. Ther are many other things worth investigating that will hold its value or has a better chance of increasing over longer periods of time. Look what could of happened if you invested in google even this past summer!!

Apparently you haven't looked at the return Silver has done for the past six months. I am the opposite, hold all you can in Silver and sell some Gold(If you have any) to get more Silver.

Umm yes i would agree - Selling now is probably not what 'smart' money would be doing right now. Smart money is buying! buying a piece of art with your silver might be one of the worst investment strategies i could think of. There is so much momentum developing in commodities even today that it would seem really hard to sell right now.

Sell now only if youre really strapped for cash... otherwise keep it all for another 5 years.

Or Ten years. I plan on buying as much as often as I can. Either AU or AG, doesn't matter, it will help fund retirement.

 

[jim4silver]

I think long term silver will go much higher than it is now. However, I feel a correction is coming. I have been thinking this for a while and I am surprised it has not happened yet. I believe we will see sub 20 dollar silver again this year. It may just be wishful thinking though, since I would like to buy more at those levels.

Within 2-3 years (or less) I do believe we will see silver break the $50 level, then go up even further.

Jim

 

[Silver Surfer]

. Higher valued coins for instance or a piece of Art for example.

At this point, and after extensive reading on what our economic future holds, I have to disagree on that comment. Only for one reason. If you take a look at our country, or even any country that has suffered an economic collapse, things like old coins, art, etc., only sold for fractions of what they were "worth" due to desperate people in desperate times.. AND, only the few who maintained some wealth bought, taking advantage of the majority who had no choice but to sell..
So I am only buying bullion or bars, and staying away from old coins and such... Just like an Excalibur machine when times are good, you can pick up a used one from a desperate seller for $500 or less... But then when the supply was short, people were paying for old Excal I models as much as new ones cost if you could find one..
So, to summarize, if you are trying to invest in something that will help you a lot in a depression scenario, keep in mind that the collector market will shrink to nothing. But EVERYONE will be taking precious metals that are simply that... Precious metals... No fancy stamping or minting, no 90% coins that are worthless at face value and although CONTAIN some precious metal, it is difficult to extract.. And of course, in the absolute worst economy situation, even precious metals will fall.. Who can feed their children with a gold coin?
Thats when I will pull out my vacuumed packed rice, beans, sugar, and salt and I guarantee you, those will have MAJOR purchasing power..

Just my $3.33....