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Author Topic: How much do you think silver will go to?  (Read 1481 times)
EurGold (OP)
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August 18, 2015, 06:09:42 PM
 #1

I think silver is highly undervalued and should be at least on par with gold, maybe its boom is just a little bit behind gold?

markj113
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August 18, 2015, 06:50:45 PM
 #2

I think silver is highly undervalued and should be at least on par with gold, maybe its boom is just a little bit behind gold?

perfect timing considering todays smackdown lol

Gold to silver ratio in the Earths crust is quoted between 19:1 to 50:1 depending on the data you believe so why would gold and silver be on a par?
EurGold (OP)
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August 18, 2015, 06:58:07 PM
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I think silver is highly undervalued and should be at least on par with gold, maybe its boom is just a little bit behind gold?

perfect timing considering todays smackdown lol

Gold to silver ratio in the Earths crust is quoted between 19:1 to 50:1 depending on the data you believe so why would gold and silver be on a par?

Because silver is used in a lot more ways than gold! Demand will only continue to increase and because there is only a finite amount the price can only rise Smiley

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August 18, 2015, 07:03:26 PM
 #4

I think silver is highly undervalued and should be at least on par with gold, maybe its boom is just a little bit behind gold?

perfect timing considering todays smackdown lol

Gold to silver ratio in the Earths crust is quoted between 19:1 to 50:1 depending on the data you believe so why would gold and silver be on a par?

Because silver is used in a lot more ways than gold! Demand will only continue to increase and because there is only a finite amount the price can only rise Smiley

for thousands of years gold has been worth a lot more than silver.  According to seeking alpha the ratio over the last  300 or so years has been between 14.14 to 99.76 oz silver per oz of gold.

yes, silver is gaining industrial use on electronics and solar tech, but I still dont think silver will even move close to or surpass the price of gold, based on these reasons.
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August 18, 2015, 07:05:10 PM
 #5

silver is classed as an industrial metal.

The world economy is tanking severely reducing industrial demand (hence oil, copper prices etc. bombing)

I think we'll see the GSR ratio widen for a while to come yet.
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August 18, 2015, 07:09:15 PM
 #6

silver is classed as an industrial metal.

The world economy is tanking severely reducing industrial demand (hence oil, copper prices etc. bombing)

I think we'll see the GSR ratio widen for a while to come yet.

not to mention the amount of silver actually used for "industrial purposes" is usually very small. sure all cell phones use it, but its fractions of an oz.  Not exactly enough to bring the demand through the roof.
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August 18, 2015, 07:14:25 PM
 #7

silver is classed as an industrial metal.

The world economy is tanking severely reducing industrial demand (hence oil, copper prices etc. bombing)

I think we'll see the GSR ratio widen for a while to come yet.

not to mention the amount of silver actually used for "industrial purposes" is usually very small. sure all cell phones use it, but its fractions of an oz.  Not exactly enough to bring the demand through the roof.

You would be surprised how those small fractions of an oz add up -



When America starts their next war make sure you recover these for recycling -



480oz silver in a cruise missile Smiley

MF Doom
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August 18, 2015, 07:29:02 PM
 #8

silver is classed as an industrial metal.

The world economy is tanking severely reducing industrial demand (hence oil, copper prices etc. bombing)

I think we'll see the GSR ratio widen for a while to come yet.

not to mention the amount of silver actually used for "industrial purposes" is usually very small. sure all cell phones use it, but its fractions of an oz.  Not exactly enough to bring the demand through the roof.

You would be surprised how those small fractions of an oz add up -



When America starts their next war make sure you recover these for recycling -



480oz silver in a cruise missile Smiley



woah!

They must have too many of those kicking around, maybe thats why they keep pushing to bomb syria, so all the elites holding pm's can get a return on their investments...

guess war would end up benefitting them, surprise surprise. 
ashour
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August 18, 2015, 09:16:00 PM
 #9

I think silver is highly undervalued and should be at least on par with gold, maybe its boom is just a little bit behind gold?


It depends on who the distribution of silver will be in the future. China controls most of the silver supply and manipulates the prices. But as the demand rises the price will change accordingly.
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August 18, 2015, 10:59:31 PM
 #10

I think silver is highly undervalued and should be at least on par with gold, maybe its boom is just a little bit behind gold?


It depends on who the distribution of silver will be in the future. China controls most of the silver supply and manipulates the prices. But as the demand rises the price will change accordingly.

Despite who holds how much silver like china or other valuable metals. They only move holding it cause they eventually want to be a world reserve currency like u.s.

The value will high if the actual commodity is in a high demand for it based on manufacturing alone. But just keep in mind that if there is replacements to create something like that  missile that was used for, there can be cheaper elements to assemble something people will move towards it.
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August 18, 2015, 11:16:29 PM
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$6 per ounce within 3 years.

Easy to Claim Ecoins Airdrop! https://ecoinofficial.org/referral/wczxkq0
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August 18, 2015, 11:55:28 PM
 #12

Silver can drop a lot more yet. The problem is that PM prices are based more on the ETF markets than that of the value of the actual metal.

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August 19, 2015, 01:18:29 AM
 #13

$6 per ounce within 3 years.

Is that the price different for every 3 years?

It doesnt sound like a lot to me but I can be wrong with the metrics.. but umm  I would assume silver is up there with gold.

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August 19, 2015, 10:57:21 AM
 #14

I think silver is highly undervalued and should be at least on par with gold, maybe its boom is just a little bit behind gold?


It depends on who the distribution of silver will be in the future. China controls most of the silver supply and manipulates the prices. But as the demand rises the price will change accordingly.

been trading metals for a while. its the other way around - if the price changes in US, China follows. still a strategy that could be profitable some day. arbitrage between US and CN
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August 19, 2015, 02:28:57 PM
 #15

I think silver will be between 8 to low teens for quite a while. Fed's rate hike has already been factored in. Won't cause much of a bump. But what do I know- I keep buying and waiting for it to get back to the levels it was at a few years ago when it was hitting in the fifties.
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August 19, 2015, 03:38:46 PM
 #16

You have to understand, what goes up must come down. This is true with gravity. This is true with the physical world and this is definitely true with financial markets. You don’t have to be a genius to figure this out. When you look at the US stock market during its complete lifetime, you would see key patterns where the market increases then it corrects itself. This is a predictable pattern. This is not any different from watching the tides roll in. This is not much different from watching waves at a beach. While the certainty of market corrections is a slam dunk, the timing such corrections is trickier. If people can predictably time when the market is going to correct itself, then the market would be filled with billionaires. The truth is nobody knows, and this is precisely why the stock market is so lucrative. After all, with lots of risk, you get lots of rewards. The good news is that you don’t have to play the market completely unprotected. By investing in precious metals like silver coins, you can ensure that whatever correction the market goes through, you would be in a fairly safe place. Remember in a market correction your financial health is comparative. If you think you’ve lost some of your wealth, consider yourself lucky. If you compare yourself to others who lost it all, it’s really all relative. By positioning your assets in such a way, you can actually benefit from market corrections. There are certain investments you can get into that cannot only help you weather sharp downturns in the market but can also position you in such a way that you can make money of such downturns. Silver coins provide such protection. Keep reading below to find out why.

The Benefits of Investing in Silver
Silver’s Historic Role as a Store of Value
Unlike paper money which only has a value because the US government says it has value, precious metal by themselves has value. You only need to walk down the street and flash a piece of silver or a piece of gold and people would naturally be attracted to it. If you leave a piece of silver or a piece of gold on the street chances are it will be gone when you get back to it. That’s how powerful the historic role of silver is as a store of value. It is a measure of value. The same cannot be said with a blank piece of paper. If you put a colored blank piece of paper on the street chances are nobody would pick it up. It’s just a piece of paper. The reality is that the US dollar and other Fiat currencies are basically blank pieces of paper. The only writing on them that gives them value is that there is a guarantee by a government that that piece of paper has value. Once people lose trust in the government backing up that paper. That piece of paper goes back to being a worthless piece of paper. The same cannot be said of precious metals like silver coins.


EurGold (OP)
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August 19, 2015, 05:27:23 PM
 #17

You have to understand, what goes up must come down. This is true with gravity. This is true with the physical world and this is definitely true with financial markets. You don’t have to be a genius to figure this out. When you look at the US stock market during its complete lifetime, you would see key patterns where the market increases then it corrects itself. This is a predictable pattern. This is not any different from watching the tides roll in. This is not much different from watching waves at a beach. While the certainty of market corrections is a slam dunk, the timing such corrections is trickier. If people can predictably time when the market is going to correct itself, then the market would be filled with billionaires. The truth is nobody knows, and this is precisely why the stock market is so lucrative. After all, with lots of risk, you get lots of rewards. The good news is that you don’t have to play the market completely unprotected. By investing in precious metals like silver coins, you can ensure that whatever correction the market goes through, you would be in a fairly safe place. Remember in a market correction your financial health is comparative. If you think you’ve lost some of your wealth, consider yourself lucky. If you compare yourself to others who lost it all, it’s really all relative. By positioning your assets in such a way, you can actually benefit from market corrections. There are certain investments you can get into that cannot only help you weather sharp downturns in the market but can also position you in such a way that you can make money of such downturns. Silver coins provide such protection. Keep reading below to find out why.

The Benefits of Investing in Silver
Silver’s Historic Role as a Store of Value
Unlike paper money which only has a value because the US government says it has value, precious metal by themselves has value. You only need to walk down the street and flash a piece of silver or a piece of gold and people would naturally be attracted to it. If you leave a piece of silver or a piece of gold on the street chances are it will be gone when you get back to it. That’s how powerful the historic role of silver is as a store of value. It is a measure of value. The same cannot be said with a blank piece of paper. If you put a colored blank piece of paper on the street chances are nobody would pick it up. It’s just a piece of paper. The reality is that the US dollar and other Fiat currencies are basically blank pieces of paper. The only writing on them that gives them value is that there is a guarantee by a government that that piece of paper has value. Once people lose trust in the government backing up that paper. That piece of paper goes back to being a worthless piece of paper. The same cannot be said of precious metals like silver coins.


Now there's a good answer! Thanks for the informative post!

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August 20, 2015, 12:33:26 AM
 #18


Because silver is used in a lot more ways than gold! Demand will only continue to increase and because there is only a finite amount the price can only rise Smiley


Gold's value is probably 90% or plenty more speculation/ prettiness. Silver is more useful but doesn't occupy the same place in the human psyche. It'll never compare in terms of pure value.
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August 20, 2015, 03:48:33 AM
 #19

I think silver is highly undervalued and should be at least on par with gold, maybe its boom is just a little bit behind gold?

silver not worth if you pair it with gold
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August 20, 2015, 04:06:51 AM
 #20

well theres actually different ways to go about this, but most people invest in a mining company that mines copper, gold and silver all in the same bracket but consider a gold stock.

eg: fcx

you can see you may not hold the physical aspect of it, but you basically own any metals by owning a share of that mining company.
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