poll: silver future?

what about all the hype about the new silver backed exchange that everyone
is saying will cause a huge silver demand?

Hype or no hype?

I would guess hype.

"Mark Reed" wrote in message
7.142...
what about all the hype about the new silver backed exchange that everyone
is saying will cause a huge silver demand?

Hype or no hype?

$20 per ounce by end of year.

--keith

On Tue, 02 May 2006 03:18:34 GMT, bob peterson wrote:
imo, the most likely direction is down. of course I also said that when it
was $6.
with less and less use of silver in photography, one might be inclined to
expect the price to drop.

Well, I don't know what percentage of silver is used in film. Also,
much/most of that gets recovered, at least that which goes through the
processor and doesn't stay in the film. B&W film isn't a large
percentage of film being used, and all the medical facilities doing
X-rays have been mandated to recover the silver for many years.

but the hucksters are out there with their meaningless and often just plain
false statistics and analysis fleecing the gullible.

Yes. The more they shout the more they should be avoided, just like
anythying else.

how long it goes on is anyone's guess.
but every bubble bursts eventually.

Could be. If that happens, I'll still have a nice bunch of coins.

"e" wrote in message
m...
In article , Vector
wrote:
P

http://www.kitco.com/charts/livesilver.html

Look at the 5 year chart. See the peak about two years ago, around
$7.80/ounce? I just happened to be in my coin dealer's shop at that
time when a regular customer came in. He was lugging several bags of
'junk' silver and plopped it on the counter to sell ... probably had
40 or 50 pounds of silver. I looked at him and said something like,
"time to sell, huh?" He nodded in the affirmative, with what seemed
like certainty.

Well, that was only two years ago ... a short time I reckon when it
comes to this sort of thing. He must've felt that he did the right
thing because shortly after that the price plummeted by about 25% of
his selling price. Today, it is up 70% from his sell price.

What will it do in the next year or two? Please tell me when you
find out!!

crystal ball says; there will be change.

The magical, mystical eight ball says; ask again later.

"Jerry Dennis" wrote in message
oups.com...

Mark Reed wrote:
just wondering what you guys and gals think of the future of silver...

will it continue to go up... stagnate and hover where its at for a
while...
or soon sink back down?

The chart of silver makes it look like a dive is waiting to happen...
just
from a chart look... not politics, economy, etc.. just raw chart makes
it
look ready for dive.

Politics on the other hand make it look to at least hover or climb.

wondering what you guys think about it....

time to load up on silver bullion or not? hahaha

My opinion: Everybody's got one and they all stink.

Silver will continue to rise due to profit-taking. The profit-taking
will stop, silver will tank, "and like a rubber ball, I'll come
bouncin' back to you."

Jerry
Ah, the good old days.


Profit taking causes silver to go down, not up.

Jonathan_ATC