How much do you think silver will go to?

[SimpleIn]

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?

I think you overestimate the value of silver.

[roadbits]

People have, indeed, made a lot of money on silver at various times in the past. When it runs up, it tends to run up fast and very high compared to its previous valuation. But these periods are hard to predict and generally don't last long.

[zimmah]

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

for most reasons where silver is used, gold can be used to replace silver and often even do a better job, but not so much better that it's worth spending 50 times more on.

If silver becomes nearly as expensive as gold, gold will be used more instead of silver, driving the price of silver down again.

However, that alone still doesnt account for silver being so much cheaper than gold.

[ralle14]

silver i think is not that much valuable imo
because of the supply... if price of silver would rise near to gold
that would be awesome

[n2004al]

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?

Arriving is such conclusion needed to much study and to much analysis. I think that needed much more that that you think to tell that silver must be on par with gold. If you have read something which discuss about this and this writting is serious please give the needed arguments written there in order that here can be real discussion about this sentence.

As for me silver on par with gold is a stupidity (as i know this matter) but I am not a good cognitive in this field. So my words are more intuitive than based in facts.

[hendra147]

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 is like litecoin in crypcocurrency
if you compare litecoin with bitcoin (gold) it is very far
1LTC = BTC 0.0123

[gentlemand]

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?

I think you overestimate the value of silver.

I think he's talking about the entire market cap with supply taken into account. There's around ten times more silver above ground than gold. That would make it worth over $100 if it was on a par.

There's no point in making a direct comparison though. Most of gold's value is speculation and desire. Silver will forever be that little bit less sexy.

[markj113]

Dont get people's obsession with comparing crypto currencies to gold/silver.

Litecoin offers nothing really different from bitcoin.

Gold/Silver have different real world uses and the industrial demand for silver is huge.

Silver is more volatile than gold but has more upside potential at this time due to a widening GSR ratio.

I have a little silver but mostly gold as silver is taxed at 20% in the UK (I know you can get it from Germany at lower price etc. but the premiums are still high compared to gold)

[gentlemand]

I have a little silver but mostly gold as silver is taxed at 20% in the UK (I know you can get it from Germany at lower price etc. but the premiums are still high compared to gold)

Go to Guernsey and stick some down your trousers. I think you can also buy VAT free from Estonia but only if they're legal tender there which discounts a lot of the popular coins.

[gentlemand]

would have to buy a lot of kg bars to break even on the travel costs

Stock up on fags to pay for it. You can be a one man tax denial nightmare.

As with quite a few things out there I think they jack up the price to eat most of the VAT savings. I wouldn't make a specific trip for it but it's a nice wee bonus if you go for a pleasant day trip.

[moneyart]

Silver will go up to 30€ again. The reason is simple: The federal reserve bankster print money and they will continue to print more and more money.

[eternalgloom]

Would like to see the price of silver rise a bit, at least over $30 /OZ