Predictions for Silver's Future Price

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#1Nov 23, 2022, 03:47 PM
Silver's on a tear lately. How high do you think it can get? What’s the timeline for hitting that peak? And when it dips, where do you think it’ll settle?
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shrimpNewbie
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#2Nov 25, 2022, 11:24 AM
I’m thinking it could soar to around $80, but likely stop around $65. Long-term, I’m betting silver hits $200 before 2040.
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GrimBlockSenior Member
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#3Nov 25, 2022, 01:19 PM
Silver's definitely a solid asset, though it’s lagging compared to gold. It's been climbing consistently, just more slowly. I’d say it could hit $60 this year, with a chance of reaching $150 by 2040.
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fewunderstandLegendary
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#4Nov 25, 2022, 04:58 PM
That price range of $65-$80 seems pretty realistic, especially if the Fed cuts rates again or the dollar weakens. But corrections after such spikes can be rough, maybe back to $35-$45.
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#5Nov 25, 2022, 06:27 PM
Silver can climb high, but don’t forget it always sinks back down. It’s not a reserve currency like gold, and there’s a ton of silver still out there. It often drops 60-70% after peaks.
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mr_apeNewbie
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#6Nov 28, 2022, 12:57 AM
Hard to pinpoint exactly how high silver could go. Some sources suggest it might hit $100. For now, I think $80 is achievable. $200? Maybe, but not until after 2040.
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GrimBlockSenior Member
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#7Nov 28, 2022, 01:42 AM
I see a strong correlation with gold. With the global chaos, central banks are hoarding gold, pushing its price up. People looking for cheaper options will naturally turn to silver, so it’s gonna rise too.
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0xMinerNewbie
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#8Nov 28, 2022, 07:14 AM
Totally true, but predicting future prices mainly on that is oversimplified. Silver often retraces 30-50% after sharp rises, so if it pops to $65-$80, a drop to $35-$45 could happen.
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the_farmMember
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#9Nov 28, 2022, 08:23 AM
Silver’s currently around $48.56. It’s high right now, but it’s volatile. Eventually, it’ll drop again, but it’s still a solid investment compared to gold at almost $4k.
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0xMinerNewbie
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#10Nov 29, 2022, 11:29 PM
Is this speculation just a ploy to boost silver adoption? I've been looking at silver’s performance, and honestly, it hasn’t impressed me. I'd rather stick with gold and Bitcoin.
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GrimBlockSenior Member
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#11Nov 30, 2022, 12:09 AM
Silver has its own uses and demand, especially in electronics and solar panels. It might not be as big as gold, but it’s affordable and a solid investment for many.
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MadNovaHero Member
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#12Dec 1, 2022, 03:45 AM
You're right, silver isn’t just numbers. Mining output has plateaued, and real supply is tighter than it seems. Industrial demand could drive prices higher, especially during rallies.
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mr_apeNewbie
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#13Dec 3, 2022, 02:14 AM
Precious metals shine during crises or when the system seems shaky. Silver’s starting off strong, but if stability returns, it may drop again.
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#14Dec 3, 2022, 10:04 PM
Gold has skyrocketed, and silver’s done well too. They’ve both seen huge growth recently. It’s not fair to call silver’s performance weak in comparison.
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#15Dec 4, 2022, 02:15 AM
I remember the market back in 2007. Everything's bound to crash, but timing is key. I’m cautiously selling covered calls to gather cash, not ready to go short yet.
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mikewolfMember
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#16Dec 4, 2022, 07:32 AM
With gold already at $4000, why wouldn’t silver reach its ATH too? Precious metals are seen as safe havens right now; this trend likely continues.
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mr_apeNewbie
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#17Dec 4, 2022, 08:51 PM
You’re talking about silver dropping when we’re here to discuss potential peaks. Back up your claims with some sources so we can learn more about silver’s future.
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maxorbitMember
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#18Dec 5, 2022, 12:17 AM
With everything going on globally, I doubt we’ll see actual crashes soon. Just look at the geopolitical tensions and chaos in the US.
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guru_2014Newbie
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#19Dec 5, 2022, 12:48 AM
At this pace, silver could surpass $200 sooner than we think. It’s cheaper to invest in than gold, making it an attractive option for many right now.
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5hr1mpMember
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#20Dec 7, 2022, 12:44 PM
Silver has great potential, just like gold. With ongoing currency market issues, people will keep diversifying into commodities. For now, I think $80 is realistic.
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