The Historical Case For $960 Silver

[shamash]

http://youtu.be/VBq5seKa3wg

[ppius13]

Mama mia, first let's get to $60...

[Chester-Copperpot]

People can make a case for any number they want, don't mean its gonna happen.

[lhslancers3270]

Been reading every word of bull**** on the internet for the past 10 years whatever. Reading newsletters from every respected analyst for over 30 years more like 35 now I think. Anyways nobody really knows OK?

Alf Field is looking for $158 Silver on the next move. :flute::flute::flute:


http://brotherjohnf.com/2012/02/01/greyerz-alf-field-calls-for-158-silver-swiss-look-to-gold/

[Goldfarmer]

I can see were he is coming from but glad I'm under 50 years old to have enough time to hope this can work itself out! Maybe I can retire with the my previous stacking efforts, fingers crossed! :553:

[shamash]

While $960 silver seems wonderful, I'm afraid Jason Hommel is still my silver HERO! Here is part of an oldie from August 2007.
http://www.24hgold.com/english/news-gold-silver--8-000-silver-in-15-years.aspx?contributor=Jason+Hommel&article=783397262G10020&redirect=False

'snip'

Silver Stock Report


This month, I was honored to be interviewed by Maurice Rosen who publishes the Rosen Numismatic Advisory. It was a very good and comprehensive interview, with hard questions, and provides me a good occasion to send out an email, my first in over a month. Here it is: (with clarifications in parenthesis)

The Rosen Numismatic Advisory
--CONFIDENTIAL REPORT--
IN-DEPTH ANALYIS FOR THE RARE COIN INVESTOR
VOL. 32 NO. 5 AUGUST/SEPTEMBER 2007
Special Report, $25
WE INTERVIEW: JASON HOMMEL

"I think silver will head beyond $8000 an oz. in less than 15 years!"

LAST YEAR I INTERVIEWED JAMES TURK who talked about $8,000 gold. Now, I present you with a bizarre forecast of $8,000 silver. What's going on here? We'll have to read Jason Hommel's reasoning to find out, but I'll tell you upfront he's from the School of Hyperinflation Forecasting, not an especially enviable place to have learned how to manage one's money or to forecast the economy since the 1980s. Some of that institution's graduates have told their stories in these pages and been proven dead wrong -- so far. This latest graduate, all of 37 years old, goes a big step farther than James Turk who, by comparison, looks to have presented the far more moderate forecast. Turk talked of $400 silver. Hommel says $8000+.

'snip'

Silver! To the moon and beyond!! :D

[lhslancers3270]

Hommel.:flute::flute::hahaha::hahaha: Let's all take a peek at his wife's assets. Please.

[Irons]

Silver bugs are totally batsh!t crazy. ~ :36_1_11:

[Tecumseh]

Didn't someone famous say that someday they would use silver to line urinals?

[curmudgeonista]

Total context lapse for me. I glanced at the title and clicked into the thread thinking $960 GOLD, not silver.

But, yes, I'll grant that $960 silver is possible... so is $100 a gallon gas, $75 a loaf bread, and $20,000 a month electric bill. OTOH, I don't seriously think silver, or gold for that matter, will ever buy you 30x what it does today. Sorry boys and girls, dreamers and schemers, it just does not compute.

[phideaux]

Silver won't go up, it'll be the phony phiat paper promise called a dollar that will crash, from currently 1/33rd of an ounce of silver down to 1/960th of an ounce of silver. (I don't have access to my usual inverted graphs. :biggrin:)

[Rollie Free]

As Horace Tabor can attest to. 'Believing' in silver can ruin a man. It is what it is and has always been somewhat volatile. Outside of hyperinflation, there is no good reason for it to be these wild numbers some people throw around. They usually throw around graphs but can never realistically give you a good answer for the hyperbole.

[lhslancers3270]

Y'all be bat$hit crazy if you think for one minute that Gold and Silver will not outpace inflation and overshoot by miles.

[Fiat Metaler]

did Warrent Buffett buy gold or silver?