lubi29 1,565 Posted April 28, 2021 Will be happy with $50 at end of year. Bring on first of May and lets see what happens. Link to comment
MrB 124 Posted April 29, 2021 $1000 silver would mean i probably stop collecting. Would be a pity really. Bizarre when I think about it, that any material increase just makes my ability to collect so much more expensive. Link to comment
Martlet 1,385 Posted April 29, 2021 Would exit silver, pay off the mortgage, have a holiday, a new car long before $1k. Link to comment
richatthecroft 24,076 Posted April 29, 2021 I think if Silver reaches £1000 an ounce, we will be living in a world we really would wish we didn't live in. Link to comment
Coverte 4,114 Posted April 29, 2021 (edited) I would have to re-balance my holdings, as I like to spread of assets, a varying % in each. Much as I love Gold and Silver and propose to pass down to my kids/grandkids, no investment/hobby should hold 100% of your interests in my opinion. Great video by the way 🖕 Edited April 29, 2021 by Coverte Link to comment
Arganto 3,457 Posted April 29, 2021 It would depend on the equivalent value of the relevant fiat currencies and the value of commodities and assets. If silver is a grand an ounce but a the average house is five million, the average car one million and a loaf of bread is fifty quid would it make a difference? If silver rocketed, everything else stayed inside acceptable margins and the prospect for inflation and/or currency devaluation wasn't horrific I suppose that would be different. Maybe a nice compound somewhere in the countryside with running water meandering through it and space for crops and animals. But then that wouldn't be possible as all my silver fell off the side of a boat the other day, bit of a bugger really. Link to comment