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 Silver Bullion, Gold, & other Bullion Metals
 Rising silver demand and how far prices can go
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Country
1000+ Penny Miser Member


USA
3121 Posts

Posted - 09/05/2009 :  12:34:38  Show Profile Send Country a Private Message
"I'm expecting to see around the $1,250, $1,300 level in gold," he said. "Silver may be lagging at that point - somewhere in the $15-$17 range - but once gold goes through it, it will have a magnet effect for silver. You'll see silver reach the $21 high it experienced last year and move upward."

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dakota1955
1000+ Penny Miser Member



2212 Posts

Posted - 09/05/2009 :  13:19:43  Show Profile  Send dakota1955 a Yahoo! Message Send dakota1955 a Private Message
I agree that gold has to break through first and then silver will follow but who knows what the limit is.
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jonflyfish
Penny Hoarding Member



USA
693 Posts

Posted - 09/05/2009 :  15:26:58  Show Profile  Send jonflyfish a Yahoo! Message Send jonflyfish a Private Message
I kindly disagree, while the anticipated outcome is similar. However, nothing "needs" to happen in one market before the other takes care of itself.
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