Topic: Will silver ever skyrocket? (Read 3826 times)
Silver now has no reason to soar too high. Silver is too much on the ground and it is mainly used only for the manufacture of cheap jewelry. To make money on it, you need to invest a lot.
people say it will go to one thousand dollars an ounce or more but if it showed signs of going that high tech companies would likely switch to cheaper metals as alternatives and phasing silver out. it probably would not sky rocket for that reason alone.
i think so many people have silver that if it did go up to one thousand dollars an ounce it would cause economic inflation.
am i mistaken or did i miss something?
i think so many people have silver that if it did go up to one thousand dollars an ounce it would cause economic inflation.
am i mistaken or did i miss something?
The reality is Silver will not rocket to a thousand dollars. Gold will not rocket up either. They are somewhat tied to each other although not as much as they used to be. Having said that though it is a good bet silver could get to the $50 to $100 range. I don't see gold as any better bet on a profit margin. No one knows for sure. Your best bet is to diversify in many different things.
I have just seen this again and what I have in mind is that when silver has been in need of people maybe in manufacturing companies, consumers (through silver accessories), and other application of silver. If the supply becomes small, probably the demand will become high, and the price would probably go up. I thought of this when silver had been researched to have a great application.
Silver will not rise in price. Once there was an attempt in car batteries to make plates with added silver, but it was not effective. Without the use of mass technologies and silver demand will be low and price will not grow. Too much in the ground.
I have not heard of any history that says the price of silver will skyrocket. I say it based on pacts from the past. So I guess the price of silver will not skyrocket. Maybe that could happen if the price of silver could pass the gold price. And until now we all know the price of gold is still at the top of the price compared to other metal prices. And that could happen if the supply of silver base material is getting scarce. With its rare supply of silver base material then the industry players who use silver base materials will flock in search of silver. And of course that time the silver price will skyrocket. But until now the supply of silver base material is still very much. So if you say that silver will skyrocket. Just wait until the silver raw material is really thinning
Historically it does appreciate in times of uncertainty. But even with uncertainty, it may appreciate, but I don't see any reason for it to skyrocket. Cryptos will likely eventually be an easily accessible safe haven for money or currencies that become at risk of a crisis or hyperinflation.
Even in times of uncertainty, people flock to gold. Silver may be a precious metal, but it always plays second fiddle to gold.
There can be no reason why it will skyrocket (unless it finds some new industrial application).
Historically it does appreciate in times of uncertainty. But even with uncertainty, it may appreciate, but I don't see any reason for it to skyrocket. Cryptos will likely eventually be an easily accessible safe haven for money or currencies that become at risk of a crisis or hyperinflation.
Silver will never soar in price because its too much on the ground. This metal has such valuable properties as gold so I do not recommend to invest in this metal. Now even the best investments are not in the metals. Cryptocurrency is much more interesting for investment.
Theoretically, silver can soar high, but on the practical side there must be some kind of global upheaval for this. While there are no such opportunities for its take-off, but for a change it can be considered as an investment.
No. It has no reason to skyrocket by any means. The price is very less and the metal does not have much investment from the globe. Silver could have been best if it were used as premier/precious metal in the world. It is, but with pretty less volume. May be its not that worth.
If silver can not be found anymore or can be said to be rare may be the price will skyrocket, But in fact the price of silver is still below the price of gold.
We're still very far away from not being able to find more silver, and there are enough quantities of it right now anyways that it isn't worth thinking about those kinds of scenarios for still a while longer. Silver will always (or should always) have a value lower than that of gold because there is a larger supply of it, and there will likely never be less silver than gold.If silver can not be found anymore or can be said to be rare may be the price will skyrocket, But in fact the price of silver is still below the price of gold.
We're still very far away from not being able to find more silver, and there are enough quantities of it right now anyways that it isn't worth thinking about those kinds of scenarios for still a while longer. Silver will always (or should always) have a value lower than that of gold because there is a larger supply of it, and there will likely never be less silver than gold.
If silver can not be found anymore or can be said to be rare may be the price will skyrocket, But in fact the price of silver is still below the price of gold.
It is unlikely that silver prices will skyrocket.
People must be dominated to gold to invest rather than silver.
People must be dominated to gold to invest rather than silver.
There is a possibility that price of silver could skyrocket if investors invested in silver and could boost popularity of silver itself which of course price of silver would gradually rise.
Although silver trade seems sluggish when compared with bitcoin trade that does have significant price fluctuations
There has been no price discovery in Silver. The "price" of silver is dictated by the futures market and therefore is not reflective of the true physical value. The question of when or whether silver prices will skyrocket entirely depends on whether the futures market collapses. Until then, it will always remain lower than it's true value
That's a typical gold (in this case silver) bug story
The gold bugs themselves obviously say something to that tune mostly. As it has been said a few times in this very thread, silver is unlikely to hike without gold surging first. Further, you don't really know nor can you prove that paper gold (as well as paper silver, for that matter) actually contributes to lower prices. I could easily claim the exact opposite, i.e. that gold and silver futures markets in fact prop up the prices for these precious metals since they attract many small time investors who otherwise wouldn't be able to invest in neither gold nor silver (even if it is just paper gold or silver)
I think China is setting the tone when it comes to the commodity market as they are the largest importers of gold and silver,i still think that the silver market is still bullish ,when Trump was elected as president everyone hoped that the gold and silver market will have a good boost but still we are yet to see that happen.
people say it will go to one thousand dollars an ounce or more but if it showed signs of going that high tech companies would likely switch to cheaper metals as alternatives and phasing silver out. it probably would not sky rocket for that reason alone.
i think so many people have silver that if it did go up to one thousand dollars an ounce it would cause economic inflation.
am i mistaken or did i miss something?
When i think about Silver market,i remember the Hunt brothers who nearly cornered the silver market by accumulating huge amount of silver and earned around $4 billion dollars in silver speculation and it was estimated that they had around hundred million troy ounce ,in the end it was a sad story as they lost everything when the market crashed.I am not certain whether the commodity market of silver will skyrocket just like that but you could see some movements here and there. i think so many people have silver that if it did go up to one thousand dollars an ounce it would cause economic inflation.
am i mistaken or did i miss something?
Silver is the second main investment tool after gold. Because silver broadly used in high tech industry, and worlds fossil resources cannot be increased, but only reduces, i think the price of silver in distant future will definitely grow.
This post seems to imply that silver is a resource that comes from fossils which is not true, silver is an element of the universe and it is very rare because it is not as common as other elements like hydrogen or helium. 
It is unlikely that silver prices will skyrocket.
People must be dominated to gold to invest rather than silver.
People must be dominated to gold to invest rather than silver.
There is a possibility that price of silver could skyrocket if investors invested in silver and could boost popularity of silver itself which of course price of silver would gradually rise.
Although silver trade seems sluggish when compared with bitcoin trade that does have significant price fluctuations
There has been no price discovery in Silver. The "price" of silver is dictated by the futures market and therefore is not reflective of the true physical value. The question of when or whether silver prices will skyrocket entirely depends on whether the futures market collapses. Until then, it will always remain lower than it's true value. Wise investors follow what the big banks are doing, not what they are saying. JP Morgan has accumulated one of the largest physical silver positions in history amounting to no less then 350 million ounces whilst holding the largest silver short position in history. That's totally incongruous and can only be explained by one thing. Short the market, supress the price of silver and accumulate physical. They have the ability to singlehandedly and overnight, reset the price of silver. The change in silver price will not be a gradual thing, it will be an overnight phenomenon.
It is unlikely that silver prices will skyrocket.
People must be dominated to gold to invest rather than silver.
People must be dominated to gold to invest rather than silver.
There is a possibility that price of silver could skyrocket if investors invested in silver and could boost popularity of silver itself which of course price of silver would gradually rise.
Although silver trade seems sluggish when compared with bitcoin trade that does have significant price fluctuations
Silver has been a store of value ever since mankind discovered it. Its scarcity and electrical conductivity makes it one of a kind as an investment metal because it's been trusted by mankind for so long and yet there is some sort of actual industrial use for it.
Personally i believe that silver is going to be a good hedge against fiat, however there wouldn't be much apart from being a good hedge. If you are after profits, then look at cryptocurrencies and no further than that. It is very likely though that silver may be used in an economic collapse, but there is an equal or even greater chance in my opinion that bitcoin will fulfill the same role.
It is unlikely that silver prices will skyrocket.
People must be dominated to gold to invest rather than silver.
People must be dominated to gold to invest rather than silver.
There is a possibility that price of silver could skyrocket if investors invested in silver and could boost popularity of silver itself which of course price of silver would gradually rise.
Although silver trade seems sluggish when compared with bitcoin trade that does have significant price fluctuations
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