silver prices?

oldpaganfreak · 11-28-2008, 07:35 PM

there was a prediction quoted in a thread recently that silver prices could rise by 30 to 50X. can anyone comment on whether or not this is likely?
unlike gold, silver is affordable for we poor folk. if this is true, silver would be a great place to put some paper.
i'd really appreciate some thoughts on this matter.
peace, patrick

Dominic · 11-28-2008, 07:42 PM

Buy it now you will not be able to afford it later. It will go up. It's value has been suppressed. Place orders now even if you have to wait for delivery.

Peace

Myplanet2 · 11-28-2008, 11:09 PM

It'll go up. it could go up a lot.

But IMO it's much more valuable as a medium of exchange as paper money falls further into disrepute.

It's much handier than Gold for swapping for food, or fuel, for example.

11-28-2008, 07:35 PM	#1
oldpaganfreak Avalon Senior Member Join Date: Sep 2008 Location: great northern boreal forest Posts: 440	silver prices? there was a prediction quoted in a thread recently that silver prices could rise by 30 to 50X. can anyone comment on whether or not this is likely? unlike gold, silver is affordable for we poor folk. if this is true, silver would be a great place to put some paper. i'd really appreciate some thoughts on this matter. peace, patrick

11-28-2008, 07:42 PM	#2
Dominic Avalon Senior Member Join Date: Sep 2008 Location: Edgewood, Wa. Posts: 302	Re: silver prices? Buy it now you will not be able to afford it later. It will go up. It's value has been suppressed. Place orders now even if you have to wait for delivery. Peace

11-28-2008, 11:09 PM	#3
Myplanet2 In The Mists Join Date: Sep 2008 Location: Toronto Posts: 1,133	Re: silver prices? It'll go up. it could go up a lot. But IMO it's much more valuable as a medium of exchange as paper money falls further into disrepute. It's much handier than Gold for swapping for food, or fuel, for example.