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It's Sunday, November 11th...
Silver is 32.63 right now... it started last Monday at 31.15 and went up for obvious reasons...
So the question is simple...
What will the price of Silver be on January 1st 2013?
My prediction is $36.89
Whoever wins get a free cyber cookie.
Well , if all the tax increases go through , Jan 1, I will go $39 end of Mar , 2013 , $49 , by end of May or June .
$36 may be a little high , but interesting.Quote:
Originally Posted by NoOneButPaul
^The last time they faced the debt ceiling issue Silver and Gold boomed (not the same issue but the principle is the same).
I'm banking on these clowns coming to no new conclusions and doing what they always do... kick the can down the road.
I think so , never have I had less faith in a Senate than the Dirty Harry Senate.Quote:
Originally Posted by NoOneButPaul
Hahahah.Quote:
Originally Posted by oyarde
I don't know about the new year, but that sounds about right. I predict $34.74, and my gut says $44 is the new Floor by March or April.Quote:
Originally Posted by NoOneButPaul
38 by Jan 1. 65 by Jan 1 2014.
I will take a stab at the new year , $35.00.
Sounds reasonable to me , if silver is bottomed @40 or above , what will gold be ?Quote:
Originally Posted by Steven Douglas
Ahhhhhh... Stocks down, silver up, that's tha way we like ta fuhh!
:D
Closing in on $34, month to go before new years ......
35.85
32.72
Hey wait a dag gum minute......is this the OFFICIAL EOTY silver predictions thread?
Well, at 32.72 , I would still feel pretty good about everything I bought from 8 -26 .Quote:
Originally Posted by puppetmaster
It's irrelevant.
What is coming is not a meltup in price.
What is coming is a total deflationary collapse of liquity and bank reserves. When this happens, the banking system will be shut down. You will be locked out of your money market accounts for weeks, save for some scraps to enable SOME food purchases for the masses.
When the bank run is over, the value of most western paper will MUCH lower (as the banking reserves are re-established by fiat and massive devaluation) and the price of PM's will increase 5-10 (maybe more) fold over the course of the multi week long bank run.
If TPTB are smart they will relink money to gold through Basel capital requirements and the next leg of the bull market will be underway.
Holders of PM's will effectually garner YIELD through bank loans as their money is put to work.
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