Followers | 3 |
Posts | 186 |
Boards Moderated | 0 |
Alias Born | 04/04/2017 |
Wednesday, April 26, 2017 4:45:02 PM
In 2011, silver prices skyrocketed into crazyland. Silver miners were making insane profits and the price was way above the historical average for the commodity. I believe that markets move in cycles, and that these crazy low prices are a reflection of what happened in 2011. $50 dollar silver was not normal.
Many silver miners were able to turn a profit in 2016 (though small) at an average price of around $17.00. I think those profits will increase greatly in the next couple of years.
Please don't attack me. I am just expressing my opinion (from someone who has followed the silver market for a long time as well) that maybe we can make okay predictions about the price of silver going forward. Just sharing my opinion.
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM
Avant Technologies Launches Advanced AI Supercomputing Network and Expansive Data Solutions • AVAI • Apr 23, 2024 8:00 AM
BestGrowthStocks.com Issues Comprehensive Analysis of Triller Merger with AGBA Group Holding Limited • AGBA • Apr 22, 2024 1:00 PM
Cannabix Technologies to Present Marijuana Breathalyzer Technology at International Association for Chemical Testing (IACT) Conference in California • BLO • Apr 22, 2024 8:49 AM