[POLL] How high will silver go?

[philipma1957]

With silver experiencing a bull run, how high do you think it will get?

When do you see the price hitting this point and when it corrects, how low do you think it will eventually settle?

I think we could get as high as $80, but will probably stop around $65. I do believe silver hits $200 before 2040.

it is very uncertain how low and high silver will go just like gold. from what people are saying it is predicted to rise to between $70 to $100 which is high for silver but just as gold it could fall below because this is all just predications and we never rally know untill the time come and the markets change. silver is a rare metal just as gold and is increasing only in value because of the demand for it globally. silver is need and wanted more now a days because of the need for more electric cars and solar panels as they both require silver in some sort of way. however if this demand go down so will the value of silver 

I call bullshit on this post.

A we got as high as 120 and you have zero mention of that.

Here is the deal we were are 50 in Sept we went up up and away to 120 we  talked to 70 and we came back to 85 plus or so. We are now at 81 or 82

SO I THINK we could rally again my guess is we pass 100 again.

This silver run is not like anything we ever saw.

[STT]

There is no new supply of silver is the main certainty in working out any future pricing.  I realize people are perhaps cashing in their consumer silver but that is not enough imo to tip the scales for the rest of the year, that's more like a one off alteration.  When that buffer is used up as has been seen in gold previously the price continues upwards.
   There might be some story about less demand for silver in solar panels but thats a timeframe of several years probably more like five to ten years as the market demand is far from over and the idea of alternative designs using less silver is just a story at present so the reality and effect on the market is a long time from now not this year.

What we are really discussing is speculative moves, thats the icing on the cake its probably why 120 occurred but it makes up far less of the story when prices come back to the lower prices like now.  The pricing above 50 is now the low imo, I think that will be the new normal and when that is recognized the market then once again builds back higher.  
   Im watching gold for the main clue on the overall story, I do think commodities have some indicative strength relative across the sector, today dollar fell which is also the new normal now.

[Wind_FURY]

Silver should be priced at $225 based on current gold prices, if we follow the ancient Roman standard. However, if we apply the geodetic proportion, the price would be $160.

That makes my point that Silver is merely following Gold's surge because like Bitcoin's market relationship shitcoins, the people who didn't buy Bitcoin will simply FOMO to the next coin. There's a high probability that those people/traders who missed Gold's early surge have decided to FOMO buy Silver.

[pooya87]

That makes my point that Silver is merely following Gold's surge because like Bitcoin's market relationship shitcoins, the people who didn't buy Bitcoin will simply FOMO to the next coin. There's a high probability that those people/traders who missed Gold's early surge have decided to FOMO buy Silver.

Generally speaking most precious metals have been rising up in the past couple of years as the dollar continues being dumped as part of the global dedollarisation. But keep in mind that even though this has some similarities to bitcoin versus altcoins, it is not the same thing. Because in the cryptocurrency world, the altcoins are mostly utterly useless whereas in precious metals world all these different metals are indeed useful and are being used in a large number of industries. That means their rise and falls can have different reasons. For example I read somewhere that one of the contributing factors to silver rising was the shortage in the markets (less being extracted and refined).

[bournekin]

With silver experiencing a bull run, how high do you think it will get?

When do you see the price hitting this point and when it corrects, how low do you think it will eventually settle?

I think we could get as high as $80, but will probably stop around $65. I do believe silver hits $200 before 2040.

it all depend on the demand for silver. silver has been increasing because of the demand when the demand for a precious metal increase so does the value. silver is being used a lot now a days more then in recent years because silver is need for the expansion of electric cars and solar this is why we are seeing the prices increases. how high or low it could go no one really has that answer is is all speculation any thing could happen it is all down to the demand

[Betwrong]

~

Having your own thoughts/opinions is not the problem, in fact I respect your opinion. But if someone asks you for a probability on how high, or how low, do you believe that Silver will surge another 100% from the current All Time High? It's probably low, no? Because zoom out Silver's chart, it's decades between surges to All Time Highs.

It depends on the period of time we are talking about. I think another 100% from the current All Time High is pretty possible in the next 2 years, but I wouldn't say that about the next two months. I say this because those were my thoughts for like the last 15 years that Silver was very underestimated compared to Gold, which have been overestimated a bit.

[Abiky]

Silver should be priced at $225 based on current gold prices, if we follow the ancient Roman standard. However, if we apply the geodetic proportion, the price would be $160.

I hope you're right. Because right now, Silver's been struggling to reach $90. It's been stuck at $80 - $86 for a while. Meanwhile, Gold continues to reach new ATHs. Current spot price is almost at $5.1k.

Long-term speaking, Silver should rise towards $200 and above. This might be the perfect opportunity to buy and "hodl" more Silver. Not sure if it going to drop any lower than $80, though. I was hoping for a $50 an ounce, but I guess it's a far stretch. These are crazy times we're living. Who knows what will happen during the short term?

[Alpen]

That makes my point that Silver is merely following Gold's surge because like Bitcoin's market relationship shitcoins, the people who didn't buy Bitcoin will simply FOMO to the next coin. There's a high probability that those people/traders who missed Gold's early surge have decided to FOMO buy Silver.

I’ve seen crypto investors compare silver to altcoins as well. If we follow that logic, then we should apply an "altseason" strategy to precious metals. Once gold's rally runs out of steam, that’s the cue to rotate your capital into silver.

[Alpen]

I hope you're right. Because right now, Silver's been struggling to reach $90. It's been stuck at $80 - $86 for a while. Meanwhile, Gold continues to reach new ATHs. Current spot price is almost at $5.1k.

Long-term speaking, Silver should rise towards $200 and above. This might be the perfect opportunity to buy and "hodl" more Silver. Not sure if it going to drop any lower than $80, though. I was hoping for a $50 an ounce, but I guess it's a far stretch. These are crazy times we're living. Who knows what will happen during the short term?

Are you referring to the "crazy times" of the Hunt brothers and their attempt to corner the silver market? They actually managed to close the gold-silver gap to exactly 12:1. I doubt any modern corporation would try a massive buy-up like that today.

That said, I expect the rise of tokenized gold to boost overall liquidity in the crypto market. Gold is a perfect hedge for Bitcoin right now. I’d love to diversify into silver as well, but my current platform, Cryptomus, doesn’t support the PAXG token (or silver equivalents) just yet.

[dansus021]

you guys migh familiar with the author of book rich dad poor dad he said Robert Kiyosaki’s View: He is already calling for $200 silver much sooner (by 2027-2028), citing the "debasement" of the US Dollar.
I believe when there is uncertainty with the geopolitic or US the price of both gold and silver will soar high silver is litecoin back then when people see bitcoin is high and people start buying litecoin.

the question is How high will silver go? well big bank like Bank of America's head of metals research Michael Widmer maintains his extraordinary $309 silver price prediction for 2026, representing a potential 279% gain from current levels, based on historical gold-to-silver ratio compression. - https://www.financemagnates.com/trending/why-silver-is-going-up-and-why-bank-of-america-predicts-309-price-in-2026/

So that is high number

[Wind_FURY]

That makes my point that Silver is merely following Gold's surge because like Bitcoin's market relationship shitcoins, the people who didn't buy Bitcoin will simply FOMO to the next coin. There's a high probability that those people/traders who missed Gold's early surge have decided to FOMO buy Silver.

Generally speaking most precious metals have been rising up in the past couple of years as the dollar continues being dumped as part of the global dedollarisation. But keep in mind that even though this has some similarities to bitcoin versus altcoins, it is not the same thing. Because in the cryptocurrency world, the altcoins are mostly utterly useless whereas in precious metals world all these different metals are indeed useful and are being used in a large number of industries. That means their rise and falls can have different reasons. For example I read somewhere that one of the contributing factors to silver rising was the shortage in the markets (less being extracted and refined).

You may be right, BUT the those markets are also affected by human behavior - greed, fear, and panic. I believe that if Gold starts to crash, ALL of those precious metals such as Silver and Platinum WILL also crash.

Silver has industrial uses, OK, but its market is also an open market where prices can and WILL surge or crash, and currently it's surging. But after every surge will always come the crash. Zoom out those charts and tell me what you see.

[avp2306]

That makes my point that Silver is merely following Gold's surge because like Bitcoin's market relationship shitcoins, the people who didn't buy Bitcoin will simply FOMO to the next coin. There's a high probability that those people/traders who missed Gold's early surge have decided to FOMO buy Silver.

Generally speaking most precious metals have been rising up in the past couple of years as the dollar continues being dumped as part of the global dedollarisation. But keep in mind that even though this has some similarities to bitcoin versus altcoins, it is not the same thing. Because in the cryptocurrency world, the altcoins are mostly utterly useless whereas in precious metals world all these different metals are indeed useful and are being used in a large number of industries. That means their rise and falls can have different reasons. For example I read somewhere that one of the contributing factors to silver rising was the shortage in the markets (less being extracted and refined).

You may be right, BUT the those markets are also affected by human behavior - greed, fear, and panic. I believe than of Gold starts to crash, ALL of those precious metals such as Silver and Platinum WILL also crash.

Silver has industrial uses, OK, but its market is also an open market where prices can and WILL surge or crash, and currently it's surging. But after every surge will always come the crash. Zoom out those charts and tell me what you see.

This is good example about those situation mentioned https://www.marketindex.com.au/news/gold-and-silver-suffer-historic-crash-wiping-usd7-trillion-heres-what-you

Since there's good chance that people will also ride the fear that they might also lose their money the same situation happened to gold.

But I think what's good about those precious metal is they have chance to recover, because it can still get lots of demands. So those crash will just temporary situation and eventually they can slowly recover, just like what we have seen on its recent movements.

[Wind_FURY]

That makes my point that Silver is merely following Gold's surge because like Bitcoin's market relationship shitcoins, the people who didn't buy Bitcoin will simply FOMO to the next coin. There's a high probability that those people/traders who missed Gold's early surge have decided to FOMO buy Silver.

Generally speaking most precious metals have been rising up in the past couple of years as the dollar continues being dumped as part of the global dedollarisation. But keep in mind that even though this has some similarities to bitcoin versus altcoins, it is not the same thing. Because in the cryptocurrency world, the altcoins are mostly utterly useless whereas in precious metals world all these different metals are indeed useful and are being used in a large number of industries. That means their rise and falls can have different reasons. For example I read somewhere that one of the contributing factors to silver rising was the shortage in the markets (less being extracted and refined).

You may be right, BUT the those markets are also affected by human behavior - greed, fear, and panic. I believe than of Gold starts to crash, ALL of those precious metals such as Silver and Platinum WILL also crash.

Silver has industrial uses, OK, but its market is also an open market where prices can and WILL surge or crash, and currently it's surging. But after every surge will always come the crash. Zoom out those charts and tell me what you see.

This is good example about those situation mentioned https://www.marketindex.com.au/news/gold-and-silver-suffer-historic-crash-wiping-usd7-trillion-heres-what-you

Since there's good chance that people will also ride the fear that they might also lose their money the same situation happened to gold.

But I think what's good about those precious metal is they have chance to recover, because it can still get lots of demands. So those crash will just temporary situation and eventually they can slowly recover, just like what we have seen on its recent movements.

I never said that they'll never recover, BUT the difference is, Bitcoin has the Four-Year-Cycle and most of those precious metals could take decades before they start surging to their new All Time Highs again. In Bitcoin, bottom will be in during the end of the year, then the SURGE.

[Abiky]

Are you referring to the "crazy times" of the Hunt brothers and their attempt to corner the silver market? They actually managed to close the gold-silver gap to exactly 12:1. I doubt any modern corporation would try a massive buy-up like that today.

That said, I expect the rise of tokenized gold to boost overall liquidity in the crypto market. Gold is a perfect hedge for Bitcoin right now. I’d love to diversify into silver as well, but my current platform, Cryptomus, doesn’t support the PAXG token (or silver equivalents) just yet.

Yes. Would you imagine history repeating itself with corporations buying Silver massively? With the AI hype, anything's possible. If we base ourselves on the 12:1 ratio, then Silver would be worth an average of $425 per ounce. That would be a huge increase from today's current spot market price.

At the time of this writing, Silver went down to $77 an ounce, adding more fuel to volatility. Therefore, the estimated prediction of Silver being worth more than $200 an ounce would be a far-fetched idea. All eyes are on Gold right now. We'll see what happens within the short-term.

[STT]

I would defer to gold for a more predictable price, however its with some irony saying that as silver is the more useful of the two.    Its not straightforward and just using the price is a bad idea as we know the paper traded price is not the same as physical commodity price, globally there is a large variance most likely due to silver production needs (locally)  on production lines.  

   The silver is often a small amount but the entire product is halted if its missing, a bit like the hype behind rare earths they aren't precious but they have to be present in the designed build.   Stockpiling is going to be an actual justified strategy and I dont believe its over or even reduced; buying years ahead in my opinion to secure a known cost is valid.
  Margins are often slim, they have to know silver is viable for them in their business model.  Buying here will continue if they are lacking forward reserves, this seems to be the case. In mass production I do think silver is small part of the costs bar the solar panels perhaps.

most of those precious metals could take decades before they start surging to their new All Time Highs again

We're assuming a hype build, peak and top to the price as if 120 was like a volcano blowing its top.  The impossible happened and now its reset is the view of that model; if Dollar had stayed the same strength for the last quarter century or so then I might agree.  
   Main point I would disagree on this is we are talking consumption, silver is consumed in the process.    I do say BTC acts like a commodity but this is a vital difference, much of BTC is recycled though some I think is retained as part of growth of the population of holders.   For metals, many commodities we are forced to consider this demand and it will not be resold.  If silver is purely speculative in its rise then the reset idea has more weight to it.  I think silver sold its gains but retained its trend, in future a 40% sell may occur again but the work is examining the entire movement.   I'm not seeing that grander reset.

[Wind_FURY]

What's everyone's projection/prediction and thoughts/opinions about the Silver market? Is its All Time High for this DECADE already been achieved? Or will we actually see another surge above $125.00?

Personally, I believe it's in its part of its cycle when there's more denial than actual optimism. If I'm right, then all of those people who were late in buying will be selling with a loss sooner or later?

 ¯\_(ツ)_/¯

[pooya87]

What's everyone's projection/prediction and thoughts/opinions about the Silver market? Is its All Time High for this DECADE already been achieved? Or will we actually see another surge above $125.00?

The fact that every silly economist and financial institutions out there are predicting a surge makes me doubt everything (you know the buy when blood is on the streets and sell when grandmas talk about purchasing thing).

But other than that, every sign points to another surge. With gold going to $6000 we will see all precious metals shoot up again. So Silver hitting its previous ATH at $120-ish is not that far, specially since silver price is lower and can surge faster psychological speaking...

That's the most possible scenario unless something significant happens.
- Like if US manages to start another global scam similar to Petrodollar to stop dedollarisation and revive the dollar.
- Or if a major war breaks out and vaporizes the global economy... [Iran just shut down the Strait of Hormuz for a military drill, all while roughly 3000 ballistic and cruise missile launchers are out alongside the South Shores targeted at anything that has USA written on it in a 5000 km radius, ... this is after the pedophile POTUS threatened Iran on twitter]

[Wind_FURY]

What's everyone's projection/prediction and thoughts/opinions about the Silver market? Is its All Time High for this DECADE already been achieved? Or will we actually see another surge above $125.00?

The fact that every silly economist and financial institutions out there are predicting a surge makes me doubt everything (you know the buy when blood is on the streets and sell when grandmas talk about purchasing thing).

But other than that, every sign points to another surge. With gold going to $6000 we will see all precious metals shoot up again. So Silver hitting its previous ATH at $120-ish is not that far, specially since silver price is lower and can surge faster psychological speaking...

That's the most possible scenario unless something significant happens.
- Like if US manages to start another global scam similar to Petrodollar to stop dedollarisation and revive the dollar.
- Or if a major war breaks out and vaporizes the global economy... [Iran just shut down the Strait of Hormuz for a military drill, all while roughly 3000 ballistic and cruise missile launchers are out alongside the South Shores targeted at anything that has USA written on it in a 5000 km radius, ... this is after the pedophile POTUS threatened Iran on twitter]

I'm not much of a trader, but getting my "analysis" from merely looking at Gold's chart, I believe that its surge might be losing its momentum.

BUT that's a mere observation of mine, NOT trading advice. Silver, Copper, and the Platinum are losing their surge's momentum as well.

[pooya87]

I'm not much of a trader, but getting my "analysis" from merely looking at Gold's chart, I believe that its surge might be losing its momentum.

BUT that's a mere observation of mine, NOT trading advice. Silver, Copper, and the Platinum are losing their surge's momentum as well.

Although all signs tell us otherwise but I agree with this part; the momentum is dead for the time being. Therefore if I were to invest in gold, I'd wait until I see the surge/momentum begins and then jump on board not before that.

But for what it's worth the consensus seems to be that the current gold price situation is a market manipulation where the "big players" (governments) are trying to make a profit from the fluctuations. We also have US gov. that has been making money from gold to cover the budget deficit (that is how Trump raised his trade balance).

[Betwrong]

you guys migh familiar with the author of book rich dad poor dad he said Robert Kiyosaki’s View: He is already calling for $200 silver much sooner (by 2027-2028), citing the "debasement" of the US Dollar.
I believe when there is uncertainty with the geopolitic or US the price of both gold and silver will soar high silver is litecoin back then when people see bitcoin is high and people start buying litecoin.

the question is How high will silver go? well big bank like Bank of America's head of metals research Michael Widmer maintains his extraordinary $309 silver price prediction for 2026, representing a potential 279% gain from current levels, based on historical gold-to-silver ratio compression. - https://www.financemagnates.com/trending/why-silver-is-going-up-and-why-bank-of-america-predicts-309-price-in-2026/

So that is high number

Well, I'm glad it's not only me who's seeing the future of Silver in the bright light. ) And if that had happened only because of the inflation, it would be nothing impressive, but I think not only against the USD, but even against the price of Gold the price of Silver is very underestimated and that's why the price of Silver will be rising more than the price of Gold due to inflation.