Where do you see?

[matrawr]

Just asking what people's opinions are on silver in 5-10 years from now. Between now and the next 12-24 months hopefully without destroying my average. Thanks

[ChrisSilver]

I would guess that silver will be double the price in 10 years time. Although anything could happen, we could keep going sideways and sideways. 

[Vern]

much much higher for sure

[ApisMellifera]

I think silver is pushing out of the long-term bottom at the moment.

But... there is a question in the back of my mind: But for how long?
There is a (small) chance that it could go lower but there is more chance for silver to go higher at the moment.

What goes up must come down

It really depends on the markets, banks, gov's and the state of national/global behaviour. If going to be doom and gloom then demand for the metals will drive up the price.
I think gov's are desperately trying to avoid a crash, which I think completely understandable; I think most people really don't want a crash but some of actions are questionable. I think it's important to learn from the past and be prepared to keep a watch full eye for any upcoming bottoms and crashes... annnyway is that a different topic.

Will it be a jump or a slow riser?... I don't know... From what I've learned so far: You never know, because there could be buyer(s) that can drive it up.

At the moment I'm looking at $10-21 or £7-15 range, and a 60 - 75 GSR (Gold-Silver Ratio).

I think the next critical price and a big test will be the $20 or £15 mark, if that break it will go higher, if its 'resisted' then it will stay lower.

My current goal is to build-up my stack and I will be happy what ever happens, as long I purchase gold and silver at a reasonable price.
So my general rule:

• Price up: Great! Stack value rises!
• Price down: Great! I can stack more!

Anyway that's my view for now...

: )

[matrawr]

Guess so Chris as long as spot doesn't fall below  £10 per ounce I wouldn't be too alarmed. Then again I don't want it to shoot up too soon as need to expand my stack. What makes you so certain Vern?

[matrawr]

8 minutes ago, ApisMellifera said:

I think silver is pushing out of the long-term bottom at the moment.

But... there is a question in the back of my mind: But for how long?
There is a (small) chance that it could go lower but there is more chance for silver to go higher at the moment.

What goes up must come down

It really depends on the markets, banks, gov's and the state of national/global behaviour. If going to be doom and gloom then demand for the metals will drive up the price.
I think gov's are desperately trying to avoid a crash, which I think completely understandable; I think most people really don't want a crash but some of actions are questionable. I think it's important to learn from the past and be prepared to keep a watch full eye for any upcoming bottoms and crashes... annnyway is that a different topic.

Will it be a jump or a slow riser?... I don't know... From what I've learned so far: You never know, because there could be buyer(s) that can drive it up.

At the moment I'm looking at $10-21 or £7-15 range, and a 60 - 75 GSR (Gold-Silver Ratio).

I think the next critical price and a big test will be the $20 or £15 mark, if that break it will go higher, if its 'resisted' then it will stay lower.

My current goal is to build-up my stack and I will be happy what ever happens, as long I purchase gold and silver at a reasonable price.
So my general rule:

• Price up: Great! Stack value rises!
• Price down: Great! I can stack more!

Anyway that's my view for now...

: )

I definitely agree with the Last part of your statement really want to improve my stack! From my observations a quick jump would soon enough be knocked back down....or would think so. Then does the government wouldn't want us having to rely on Fiat?