Okay. Silver bay dam is heterozygous for black. She got the black gene from her sire and a red gene from her dam. She does not carry cream; if she did she would be buckskin, not bay. She has agouti, obviously, but we don't know if she is homozygous for it or not. Her palomino dam could be hiding agouti, which means it could be possible she got agouti from both parents.
Sire was black before he turned grey. He does not carry agouti. We don't know if he might be smoky black, hiding a cream gene under the black...
So, you could get:
Black
silver black
bay
silver bay
chestnut
In the event that the dam is homozygous for agouti, then you can remove black and silver black from that list.
If the sire happens to be homozygous for black (he could be, if his grey parent was black based before turning grey) then you can remove chestnut from that list.
If the sire happens to be smoky black then you could add smoky black, buckskin & palomino to that list.
Naturally there is a 50% chance that the foal will go grey.
Obviously any color on that list could also come with or without pinto markings