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Author Topic: Is silver a good store of value?  (Read 2534 times)
Cyaren (OP)
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May 14, 2016, 06:01:18 AM
 #1

As the title suggests, please share your views on silver and its store of value.

Silver has been used for money for thousands of years before us. But will it continue to have this function?
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May 14, 2016, 06:04:25 AM
 #2

As the title suggests, please share your views on silver and its store of value.

Silver has been used for money for thousands of years before us. But will it continue to have this function?
I guess it is pretty decent investment. Basically all precious metal are. If you want to know why silver is particularly good, this article is a must-read for you:
http://www.focusontheuser.org/popular/why-silver-coins-can-save-your-butt/
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May 14, 2016, 06:07:53 AM
 #3

As the title suggests, please share your views on silver and its store of value.

Silver has been used for money for thousands of years before us. But will it continue to have this function?
I guess it is pretty decent investment. Basically all precious metal are. If you want to know why silver is particularly good, this article is a must-read for you:
http://www.focusontheuser.org/popular/why-silver-coins-can-save-your-butt/

I'm pretty sure I've read that site before.

My concern is that when technology evolve, we don't need any more precious metals to use as a form of money. This is especially true in the case of gold, as no or little industrial demand for gold is apparent.

However, things are different in the case of silver. Silver do have an industrial demand associated with it, i.e. use in technology, purifier etc. But will that demand diminish in the future?
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May 14, 2016, 04:53:13 PM
 #4

Given the current condition and supply and demand for silver plus our average human lifespan, I can say that it is a good investment for now. As per your question, silver eventually will stop being used as a currency at some point in the future but we'll be long gone when it happens.
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May 14, 2016, 05:09:03 PM
 #5

As yourself this question.... Who will be buying precious metals in times of Depression? The rich people try to store their wealth in precious metals, like gold and silver in difficult economic conditions..

but what happens if these conditions continue indefinitely. Would there still be a demand for these commodities? Gold is used for different things from jewelry to motherboards.. but will there be a

demand for these expensive goods, if the global economy suffers severely? Silver has some industrial demand, which makes it more attractive for a wider spectrum of things.. but in the end, cheaper

substitutes could replace them and their value will plummet. For now, under normal circumstances.. silver and gold is still in demand, and are still good investments.  Grin

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May 14, 2016, 05:29:46 PM
 #6

Silver can be considered a good store of value when the investment made over it is a huge one. As its a commodity as gold, due to its decreased value it has never been prioritized by users who were much into gold investments.
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May 14, 2016, 08:18:14 PM
 #7

Silver's crazy volatile, crazily vulnerable to manipulation and shills seem to have promising riches forever. That sounds kinda familiar.

I ain't seen them yet and I don't expect to in my lifetime.
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May 14, 2016, 09:44:08 PM
 #8

As a store of value, I think it's pretty good--but it all depends on the price you paid for it.  There were so many people jumping into the PM market back in 2011, it was unreal.  And you know a lot of them were still buying when silver was reaching $50/ounce and gold $2000/ounce.  If you got in when silver was $14 then you made money and will likely preserve your wealth.  Now is probably a good time to buy.

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May 14, 2016, 09:55:06 PM
 #9

Silver, gold, platinum, palladium, all of them are fairly good stores of value. It all depends on how long you intend to keep it and how well you can store it, though, but precious metals are a good investment 99% of the time. You can go and look at the charts for all of the metals and determine which one is best for you.
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May 15, 2016, 02:35:45 AM
 #10

Silver is indeed used for a long long time for trading and using as currency due to the stable price of it. However I think will it be worth storing in large value? Gold has much more value so the amount needs to store is much smaller than silver so silver takes more place to store.
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May 15, 2016, 03:15:34 AM
 #11

Given the current condition and supply and demand for silver plus our average human lifespan, I can say that it is a good investment for now. As per your question, silver eventually will stop being used as a currency at some point in the future but we'll be long gone when it happens.


I agree. Would you consider silver as a mid-term good investment, for say, until 2020?

As yourself this question.... Who will be buying precious metals in times of Depression? The rich people try to store their wealth in precious metals, like gold and silver in difficult economic conditions..

but what happens if these conditions continue indefinitely. Would there still be a demand for these commodities? Gold is used for different things from jewelry to motherboards.. but will there be a

demand for these expensive goods, if the global economy suffers severely? Silver has some industrial demand, which makes it more attractive for a wider spectrum of things.. but in the end, cheaper

substitutes could replace them and their value will plummet. For now, under normal circumstances.. silver and gold is still in demand, and are still good investments.  Grin

As I stated above, I'm buying silver as a mid-term investment. I'm planning on selling in 2020. Would you consider that a good investment?

Yes, in times of depression there might not be a good demand level for silver. But depressions are usually followed by high inflation or hyperinflation afterwards. Also, in times of depression, you could say that the mining levels of metals will go down, and as silver is a byproduct of mining copper/gold, the supply for silver will also go down. So the price should be relatively stable.

A good example would be the 2008 recession. Silver didn't go down that much. And it recovered a year later to the starting price. The question is that whether silver will still be a store of value AFTER the depression if it happens. I know that the value might go down during the depression, but a depression must end sooner or later.

You know what I'm saying? Grin
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May 15, 2016, 03:19:39 AM
 #12

I guess the silver is not worth much as the price of btc/gold, it has low value. The price of silver is not much moving , the price is steady is see
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May 15, 2016, 03:25:00 AM
 #13

Right now it probably is. In the future we may not know. As time goes on the need to store money in precious ores are coming to and end.
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May 15, 2016, 04:27:13 AM
 #14

in my experience all the precious metals are an excellent way of storing value because they are so popular and you can trade them anywhere you want and the price is usually not that volatile but mostly rising.

although if i want to choose between the precious metals i would always choose gold first.

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May 15, 2016, 03:10:08 PM
 #15

Right now it probably is. In the future we may not know. As time goes on the need to store money in precious ores are coming to and end.

Even if this does change in the future, the change won't be abrupt.
I don't expect precious metals to lose value significantly overnight.

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September 07, 2016, 03:18:39 PM
 #16

As the title suggests, please share your views on silver and its store of value.

Silver has been used for money for thousands of years before us. But will it continue to have this function?
I do not think that silver is worth that much it is better if you invest in gold instead of silver, gold is worth much more so yo can get more money out of it.
Maybe silver will be also worth allot of money in the future.


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September 07, 2016, 03:37:35 PM
 #17

As the title suggests, please share your views on silver and its store of value.

Silver has been used for money for thousands of years before us. But will it continue to have this function?
I do not think that silver is worth that much it is better if you invest in gold instead of silver, gold is worth much more so yo can get more money out of it.
Maybe silver will be also worth allot of money in the future.


No one will prefer silver in this international economy Most of the people would choose the gold and diamond only. As we know digital currencies So we can invest on bitcoin or any other altcoins to make good profit in future years.
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September 07, 2016, 04:18:18 PM
 #18

As the title suggests, please share your views on silver and its store of value.

Silver has been used for money for thousands of years before us. But will it continue to have this function?
I do not think that silver is worth that much it is better if you invest in gold instead of silver, gold is worth much more so yo can get more money out of it.
Maybe silver will be also worth allot of money in the future.


No one will prefer silver in this international economy Most of the people would choose the gold and diamond only. As we know digital currencies So we can invest on bitcoin or any other altcoins to make good profit in future years.

For me, Its much better if you choose arypto currency than silver but you need to choose the altcoin has a future like Xaur, or other altcoin has a future, so that you are sure you gain profit. If you choose silver you can earni here but it is not enough if your funds for trading here is too small, so if i were you choose altcoin.

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September 07, 2016, 04:47:44 PM
 #19

I don't think silver will be as useful as gold, since gold can be used in electronics and other uses,
but silver will still always have some value, and has had slight gains recently.

I'm sure its a pretty safe investment. I don't see the value going down, but you probably won't get a huge return on your investment.
If you are okay with a slight profit its definitely solid.

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September 07, 2016, 08:02:15 PM
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Compared to fiat silver is clearly a much better store of value, especially if you thinking for the long term. Before the unholy fiat age, silver - not gold - has long been the most important metal for coinage. The now defunct gold standard was in fact introduced because of a silver shortage (not disregarding the fact that gold has a long standing history as a store of value, but it was too precious to practically use it for daily purchases). In my opinion, silver clearly is a very good protection against inflation and it's comparatively cheap compared to gold these days. However one has to keep in mind that silver is much more volatile than gold both on up and downwards movements. But as debt and fiat money creation is expanding every single day, possible volatility (silver) is meaningless compared to guaranteed worthlessness (fiat).

As a store of value, I think it's pretty good--but it all depends on the price you paid for it.  There were so many people jumping into the PM market back in 2011, it was unreal.  And you know a lot of them were still buying when silver was reaching $50/ounce and gold $2000/ounce.  If you got in when silver was $14 then you made money and will likely preserve your wealth.  Now is probably a good time to buy.

It always depends on the price - and how long you are able to hold an asset. I also agree that today is a very good time to buy. But I think whether you bought silver @$50 or $15 is less important than if you bought anything at all. Holding fiat will perform much worse in the coming decades for sure...

ya.ya.yo!

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September 07, 2016, 09:48:59 PM
 #21

i think that silver is not that good of a thing to store your money on, even though its price seems to be kinda stable it cannot make you money, i would go with bitcoins instead

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September 08, 2016, 05:40:49 AM
 #22

As the title suggests, please share your views on silver and its store of value.

Silver has been used for money for thousands of years before us. But will it continue to have this function?

Off course it is.I don`t know why are you asking this question.

I think that the price of silver is more volatile than the gold price so investors can make more profits

investing in silver rather than gold.

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September 08, 2016, 06:25:20 AM
 #23

i think that silver is not that good of a thing to store your money on, even though its price seems to be kinda stable it cannot make you money, i would go with bitcoins instead
Totally you do not understand about that, it's not about can make profit or not it's just about the place for storing money.


Off course it is.I don`t know why are you asking this question.

I think that the price of silver is more volatile than the gold price so investors can make more profits

investing in silver rather than gold.

You answer in here.

http://www.lbma.org.uk/pricing-and-statistics

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September 08, 2016, 10:26:16 AM
 #24

as investment wise Gold is better than silver , Silver looks good ,but advantage of gold is you can store it as a Paper gold like gold ETF (exchange traded fund) and you can sell it at exchange same as gold and if you can convert it to real physical gold and use it for jewelry etc.

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September 08, 2016, 10:33:42 AM
 #25

As the title suggests, please share your views on silver and its store of value.

Silver has been used for money for thousands of years before us. But will it continue to have this function?
Why silver again ? and why not we go with gold or even bitcoin.

I mean to ask what is the special feature can enjoy to have silver as store of value. But I agree both gold and silver has continuous market demands and their value appreciations too almost similar. Still, we are moving out of gold towards bitcoin, why we need to consider the third one, silver.
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September 08, 2016, 11:07:05 AM
 #26

As the title suggests, please share your views on silver and its store of value.

Silver has been used for money for thousands of years before us. But will it continue to have this function?
Why silver again ? and why not we go with gold or even bitcoin.

I mean to ask what is the special feature can enjoy to have silver as store of value. But I agree both gold and silver has continuous market demands and their value appreciations too almost similar. Still, we are moving out of gold towards bitcoin, why we need to consider the third one, silver.
the similiarity of silver towards gold make it could be considered as an alternate way to safe your wealth,i think that's why and it's not a wrong thing to save in form of silver due to its stability of the price,just figured out the silver's price statistic this month and i could say it's as stable as gold so why not?

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September 08, 2016, 11:16:58 AM
 #27

As the title suggests, please share your views on silver and its store of value.

Silver has been used for money for thousands of years before us. But will it continue to have this function?

In what country is silver a currency ?

A currency isn't usually a store of value, it's usually worthless, Bitcoin is an outlier for several reasons, mainly because there is a finite number of bitcoins, and adoption is growing, so there is no consensus yet on the value of it.
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September 08, 2016, 12:31:41 PM
 #28

Yes of course.  You are correct with it was use before as a money already and silver has a value justnlike gold though it was lesser than gold.  But it is also a good investment.  My friend before told me to invest in jewelries made of gold and silver.  Because we might woke up one day that paper money has no more value.  Gold and silver were the top metals that are reall good for investment.  And, did you know that olympic gold medal was actually compose of more silver than gold.  I just read that and I think it is true.
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September 08, 2016, 01:17:42 PM
 #29

Yes of course.  You are correct with it was use before

as a money already and silver has a value justnlike gold though it was lesser than gold.  But it is also a good investment.  My friend before told me to invest in jewelries made of gold and silver.  Because we might woke up one day that paper money has no more value.  Gold and silver were the top metals that are reall good for investment.  And, did you know that olympic gold medal was actually compose of more silver than gold.  I just read that and I think it is true.

It's true because gold is extremely expensive, and dense, so a pure gold medal would have to be small, and would be too expensive.

You can get a large silver bar weighing 15Kg for about 20BTC, about the same size as a 1,5l water bottle. For the same amount, you can only buy a small 250gr gold ingot, 5cm long !
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September 08, 2016, 01:19:48 PM
 #30

As the title suggests, please share your views on silver and its store of value.

Silver has been used for money for thousands of years before us. But will it continue to have this function?
Why silver again ? and why not we go with gold or even bitcoin.

I mean to ask what is the special feature can enjoy to have silver as store of value. But I agree both gold and silver has continuous market demands and their value appreciations too almost similar. Still, we are moving out of gold towards bitcoin, why we need to consider the third one, silver.
Yes, silver has very less significance for being used as store of value or currency. But when you are comparing against gold, silver has more industry applications so the demand for silver is keep on rising than gold.

This may be one of the reason, OP is interested to discuss about silver here.

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September 08, 2016, 01:21:57 PM
 #31

No I think silvers not a good store of value if you want to store some value I would choose for gold because its more stable and also has some good potential to get some nice profits with.
Gold is better and it also has a larger market.
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September 08, 2016, 01:24:31 PM
 #32

No I think silvers not a good store of value if you want to store some value I would choose for gold because its more stable and also has some good potential to get some nice profits with.
Gold is better and it also has a larger market.

Yeah you did very. I would also be more supportive and choose gold as an investment or for a store, because gold prefer a very good potential and also being one of the gold more than goalkeepers of silvers. I don't think that silvers will rule the market, because quite a lot of silvers supplies than gold
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September 08, 2016, 01:28:35 PM
 #33

I prefer gold over silver. Since you want to store your money, gold takes much less space than silver. While 1 ounces of gold can store 1300$, silver only can store 20$. Gold is a lot better.

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September 08, 2016, 02:04:25 PM
 #34

Buying silver is a good idea in combination with gold , palladium and platinum .
You can also buy and Saving them in your safe.
As a forex trader specializing in commodities and precious metals will earn you lots of money if you are experienced .
You can in the short term or long term investment which is the customer's choice.
Bitcoin is also a good investment for a long term. I believe in Bitcoin !
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September 08, 2016, 03:11:14 PM
 #35

as investment wise Gold is better than silver , Silver looks good ,but advantage of gold is you can store it as a Paper gold like gold ETF (exchange traded fund) and you can sell it at exchange same as gold and if you can convert it to real physical gold and use it for jewelry etc.

Gold is not the only currency that is traded electronically, silver can be traded as well.
Plus silver jewellery is pretty common too.
Both gold and silver are called precious metals, and there are reasons for that.
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September 08, 2016, 04:07:22 PM
 #36

as investment wise Gold is better than silver , Silver looks good ,but advantage of gold is you can store it as a Paper gold like gold ETF (exchange traded fund) and you can sell it at exchange same as gold and if you can convert it to real physical gold and use it for jewelry etc.

If I wanted to store some gold I would definitely not do it with shitty paper gold which is absolutely worthless!Just because some gave you a promise that you could change it for real gold doesn't make that become true!!!
Check the recent Deutsche Banks news for that!
You wanna store gold than only go with physical gold!!
ETFs are just a trading and speculation vehicle for the big players to mess up with the price and fool the small people!!
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September 08, 2016, 04:15:20 PM
 #37

To my opinion all precious metals have always been good investment, good way to store the money. More or less they all keep their value and I don't think you can lose much, especially on long term. To decide between silver or gold, I'm not so sure, maybe gold has better perspective. But besides the metals I would also invest in Bitcoins.

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September 08, 2016, 11:00:03 PM
 #38

I don't think silver will be as useful as gold, since gold can be used in electronics and other uses,
but silver will still always have some value, and has had slight gains recently.

I'm sure its a pretty safe investment. I don't see the value going down, but you probably won't get a huge return on your investment.
If you are okay with a slight profit its definitely solid.

silver has very similar properties as gold and is also used a lot in electronics and other applications.

silver is also a pretty reliable store of value. and much cheaper to get into than gold.

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September 08, 2016, 11:55:11 PM
 #39

I don't think silver will be as useful as gold, since gold can be used in electronics and other uses,
but silver will still always have some value, and has had slight gains recently.

I'm sure its a pretty safe investment. I don't see the value going down, but you probably won't get a huge return on your investment.
If you are okay with a slight profit its definitely solid.

silver has very similar properties as gold and is also used a lot in electronics and other applications.

silver is also a pretty reliable store of value. and much cheaper to get into than gold.

In fact it's exactly the other way around. The usage of gold in real world applications is minimal compared to its use as a jewelry and investment metal (gold coatings in electronics - while highly visible - are extremely thin). A much greater percentage of produced silver is used for real world applications, not only in electronics (soldering, high conductance applications, solar panels, batteries) but also increasingly for medical purposes (making use of its germicidal properties).

Silver has both the best electric and temperature conductance of all metals. This is a perfect setup for increased use in future technologies in a world that relies more and more on electricity.

The industrial relevance of silver can be noticed by it's price reactions to economic downturns. It tends to be affected much stronger than gold. However in times of high inflation, silver is a much sought for safe-haven asset and tends to perform better than gold. In that regard it has a dual character as being both an industrial commodity and an investment object.

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September 09, 2016, 02:34:17 AM
 #40

I don't think silver will be as useful as gold, since gold can be used in electronics and other uses,
but silver will still always have some value, and has had slight gains recently.

I'm sure its a pretty safe investment. I don't see the value going down, but you probably won't get a huge return on your investment.
If you are okay with a slight profit its definitely solid.

silver has very similar properties as gold and is also used a lot in electronics and other applications.

silver is also a pretty reliable store of value. and much cheaper to get into than gold.


But I think it's not having differences than using gold, but I think the silver rate is more sensitive comparing than gold and gold is always in front of than silver. Correct me if I'm wrong.

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September 09, 2016, 05:30:40 AM
 #41

If gold was at the price of silver, it would have plenty more industrial applications too. And if silver was the price of gold, it would have much less industrial applications.
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September 09, 2016, 05:32:00 AM
 #42

Gold and bitcoin are better value IMO.
But still the advantage of silver against bitcoin is the value are stable so it still worth for being investation
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September 09, 2016, 05:36:21 AM
 #43

Of course it is. Everything that has a limited supply and a use will never lose its price.
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September 09, 2016, 07:18:32 AM
 #44

I don't think silver will be as useful as gold, since gold can be used in electronics and other uses,
but silver will still always have some value, and has had slight gains recently.

I'm sure its a pretty safe investment. I don't see the value going down, but you probably won't get a huge return on your investment.
If you are okay with a slight profit its definitely solid.

silver has very similar properties as gold and is also used a lot in electronics and other applications.

silver is also a pretty reliable store of value. and much cheaper to get into than gold.


But I think it's not having differences than using gold, but I think the silver rate is more sensitive comparing than gold and gold is always in front of than silver. Correct me if I'm wrong.
these two having similiarity on price stability even there's a difference it's just a little,but the advantage of silver it's far cheaper than gold but i can say that which one is cheaper doesn't really matter since all of your money could be invested in form of these two
that's the advantage of owning limited things in this planet

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September 09, 2016, 07:43:49 AM
 #45

I think that silver can be good but its not that its the best thing you can do in my eyes, you can better pick gold due to the fact the market is simply better than silver.
Although silver is not bad to invest in but if you have the money gold is also nice to have and it will rise also pretty fast.
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September 09, 2016, 09:11:18 AM
 #46

i think invest in silver is a great investment,because silver is needed in every country and the demand of silver is as much as the demand of gold, the least thing people like about silver is the price is not as high as gold, but silver still a great option of investment tool
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September 09, 2016, 09:36:45 AM
 #47

Gold being denser and worth much more by volume means you can hide it much better. You can literally store millions of euros/dollars in a small space. With silver, you need 126 times more space to store the same value.

Example 3 liters of gold, the volume of two 1,5l water bottles => 57,9Kg of gold => 2,5 millions dollars

2,5 millions dollars => 3971Kg of silver => 378 liters of silver. So you need the space of a full bathtub, instead of 2 water bottles.
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September 09, 2016, 11:40:30 AM
 #48

Honestly the only use for Silver in my eyes is as a heatsink. But folder is damn expensive and i can get much better value for my money if I use copper.

Silver is dead to me

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September 09, 2016, 12:32:05 PM
 #49

Gold being denser and worth much more by volume means you can hide it much better. You can literally store millions of euros/dollars in a small space. With silver, you need 126 times more space to store the same value.

Example 3 liters of gold, the volume of two 1,5l water bottles => 57,9Kg of gold => 2,5 millions dollars

2,5 millions dollars => 3971Kg of silver => 378 liters of silver. So you need the space of a full bathtub, instead of 2 water bottles.
True, but not everyone just has millions laying around to invest with, so silver is better suited for small time investors.
And you could also invest in silver without actually holding the silver yourself...

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September 09, 2016, 04:47:09 PM
 #50

Silver, gold, platinum, palladium, all of them are fairly good stores of value. It all depends on how long you intend to keep it and how well you can store it, though, but precious metals are a good investment 99% of the time. You can go and look at the charts for all of the metals and determine which one is best for you.


And to expand just a bit, I would consider owning some of more than one PM. 

I would start with gold, mankind's most long-lived Store of Value.  Silver would perhaps be the best in a SHTF, in that it is widely recognized and useful for retail purchases / barter.

Platinum and palladium are more speculative, but have their place in a diversified PM portfolio. 

The "fundamentals" (uses, supply, demand) are different for each metal.

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September 15, 2016, 01:20:24 AM
 #51

Silver, gold, platinum, palladium, all of them are fairly good stores of value. It all depends on how long you intend to keep it and how well you can store it, though, but precious metals are a good investment 99% of the time. You can go and look at the charts for all of the metals and determine which one is best for you.


And to expand just a bit, I would consider owning some of more than one PM. 

I would start with gold, mankind's most long-lived Store of Value.  Silver would perhaps be the best in a SHTF, in that it is widely recognized and useful for retail purchases / barter.

Platinum and palladium are more speculative, but have their place in a diversified PM portfolio. 

The "fundamentals" (uses, supply, demand) are different for each metal.

In historical perspective, the importance of silver as a store of value outmatches that of gold. Although it's correct, that gold has a longer history, simply because it occurs almost always in metallic form and has very distinct physical attributes. In my opinion, silver is currently a bit more attractive to buy, because the silver/gold ratio is comparatively high.

Compared to gold and silver, the other precious metals platinum, palladium, and eventually rhodium are subject to larger and at times sudden price swings. The main reason for this is that the mining of these metals is quite centralized on a few locations and supply shortages can occur more rapidly. The importance of these metals as a safe haven investment is much smaller than that of gold and silver, too. So in my opinion, they are not necessarily a useful addition for a precious metal portfolio, because they are not mitigating risks of the other positions but simply add volatility.

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September 15, 2016, 03:21:18 AM
 #52

Gold being denser and worth much more by volume means you can hide it much better. You can literally store millions of euros/dollars in a small space. With silver, you need 126 times more space to store the same value.

Example 3 liters of gold, the volume of two 1,5l water bottles => 57,9Kg of gold => 2,5 millions dollars

2,5 millions dollars => 3971Kg of silver => 378 liters of silver. So you need the space of a full bathtub, instead of 2 water bottles.

Well would could actually  compare the  densities of both precious metals  and they really differ. In your computation  i would complete agree that silver   would require more space to store from but for sure  majority of us dont have the capability to invest  millions of dollars with this kind of thing.

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September 15, 2016, 03:57:23 AM
 #53

Gold being denser and worth much more by volume means you can hide it much better. You can literally store millions of euros/dollars in a small space. With silver, you need 126 times more space to store the same value.

Example 3 liters of gold, the volume of two 1,5l water bottles => 57,9Kg of gold => 2,5 millions dollars

2,5 millions dollars => 3971Kg of silver => 378 liters of silver. So you need the space of a full bathtub, instead of 2 water bottles.

Well would could actually  compare the  densities of both precious metals  and they really differ. In your computation  i would complete agree that silver   would require more space to store from but for sure  majority of us dont have the capability to invest  millions of dollars with this kind of thing.


However silver is not that precious when compare with gold or bitcoin. Instead of go for the low potential stock He or she can go to invest on such a good potential stock like gold or diamond or bitcoin.
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September 15, 2016, 04:23:41 AM
 #54

However silver is not that precious when compare with gold or bitcoin. Instead of go for the low potential stock He or she can go to invest on such a good potential stock like gold or diamond or bitcoin.
The only supporting factor for silver is its industrial demand. That is the reason silver is equally growing along with gold. In some countries, people value silver similar to gold and having the habit of saving it. I do not find the any different growth potential for silver in long run from gold. But bitcoin is totally different it might surprise us in short run itself.

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September 15, 2016, 04:25:01 AM
 #55

Gold being denser and worth much more by volume means you can hide it much better. You can literally store millions of euros/dollars in a small space. With silver, you need 126 times more space to store the same value.

Example 3 liters of gold, the volume of two 1,5l water bottles => 57,9Kg of gold => 2,5 millions dollars

2,5 millions dollars => 3971Kg of silver => 378 liters of silver. So you need the space of a full bathtub, instead of 2 water bottles.

Well would could actually  compare the  densities of both precious metals  and they really differ. In your computation  i would complete agree that silver   would require more space to store from but for sure  majority of us dont have the capability to invest  millions of dollars with this kind of thing.


However silver is not that precious when compare with gold or bitcoin. Instead of go for the low potential stock He or she can go to invest on such a good potential stock like gold or diamond or bitcoin.

There are really lots of investments to choose from like as you mentioned  but  it really depends   on our money because investing on these things  are no joke we are talking big money here. Bitcoin would be still a good  to choose aside from silver and gold.

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September 15, 2016, 05:02:39 AM
 #56

Gold being denser and worth much more by volume means you can hide it much better. You can literally store millions of euros/dollars in a small space. With silver, you need 126 times more space to store the same value.

Example 3 liters of gold, the volume of two 1,5l water bottles => 57,9Kg of gold => 2,5 millions dollars

2,5 millions dollars => 3971Kg of silver => 378 liters of silver. So you need the space of a full bathtub, instead of 2 water bottles.

Well would could actually  compare the  densities of both precious metals  and they really differ. In your computation  i would complete agree that silver   would require more space to store from but for sure  majority of us dont have the capability to invest  millions of dollars with this kind of thing.


However silver is not that precious when compare with gold or bitcoin. Instead of go for the low potential stock He or she can go to invest on such a good potential stock like gold or diamond or bitcoin.

investments with higher returns are usually with higher risks too and it is a better idea not to go all in a high risky investment. instead use diversification and invest in multiple commodities.
this is where silver comes in, i don't like it myself but it is sometime good to have it in your investment basket!

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September 15, 2016, 05:09:08 AM
 #57

Gold being denser and worth much more by volume means you can hide it much better. You can literally store millions of euros/dollars in a small space. With silver, you need 126 times more space to store the same value.

Example 3 liters of gold, the volume of two 1,5l water bottles => 57,9Kg of gold => 2,5 millions dollars

2,5 millions dollars => 3971Kg of silver => 378 liters of silver. So you need the space of a full bathtub, instead of 2 water bottles.
silver will need more space for storing it, however majority of us preffer to invest in something like simplest, need small space, and more precious the answer is gold, however holding some limited things like silver is a good option, while bitcoin is totally different, and even you don't need space for storing it.
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September 15, 2016, 05:41:04 AM
 #58

Silver probably isn't a bad store of value, and it does have it;s uses, however you would have to be relatively certain that nothing was going to happen to your stores and you;d have to make sure that the silver wouldn't oxidize at all. Hold is probably a better option, however, so you might want to look at the pros and cons for gold and silver storage vs everything else basically.
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September 15, 2016, 05:53:25 AM
 #59

I don't think silver will be as useful as gold, since gold can be used in electronics and other uses,
but silver will still always have some value, and has had slight gains recently.

I'm sure its a pretty safe investment. I don't see the value going down, but you probably won't get a huge return on your investment.
If you are okay with a slight profit its definitely solid.

silver has very similar properties as gold and is also used a lot in electronics and other applications.

silver is also a pretty reliable store of value. and much cheaper to get into than gold.


But I think it's not having differences than using gold, but I think the silver rate is more sensitive comparing than gold and gold is always in front of than silver. Correct me if I'm wrong.
these two having similiarity on price stability even there's a difference it's just a little,but the advantage of silver it's far cheaper than gold but i can say that which one is cheaper doesn't really matter since all of your money could be invested in form of these two
that's the advantage of owning limited things in this planet
That's right, the people is wanna for saving their money into silver or gold just aiming their stability because it's already be evidenced for some centuries.
but I don't see there are large of a gap for seeing about their advantages, and just different in their value.

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September 15, 2016, 06:31:07 AM
 #60

However silver is not that precious when compare with gold or bitcoin. Instead of go for the low potential stock He or she can go to invest on such a good potential stock like gold or diamond or bitcoin.
The only supporting factor for silver is its industrial demand. That is the reason silver is equally growing along with gold. In some countries, people value silver similar to gold and having the habit of saving it. I do not find the any different growth potential for silver in long run from gold. But bitcoin is totally different it might surprise us in short run itself.
Silver has nearly no potential when comparing to bitcoin. The industry demands might fade away when silver costs more as substitute for silver are highly vaiable in future. The continuous demand for silver is doubtful always. Do not get trapped by silver by going for it.
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September 15, 2016, 07:43:48 AM
 #61

As the title suggests, please share your views on silver and its store of value.

Silver has been used for money for thousands of years before us. But will it continue to have this function?

Precious metals will always be a good store of value as long as there is a market supporting it. But let me ask, why silver? Why not go for gold instead? If I had to choose between gold and silver I would certainly choose gold to hold my wealth. But between silver and Bitcoin? It is close but my decision would lean towards Bitcoin.

It is also a good time to start hoarding as much precious metals, be it silver or gold as you can because the next financial crisis could come anytime soon. I would also suggest mixing some wealth storage in Bitcoin too. There was a reason why Satoshi created, developed and then released Bitcoin right after the 2008 financial crisis.

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September 15, 2016, 05:49:31 PM
 #62

Silver is not credible. I keep their savings will not be in this precious metal. Sioimost very low in comparison with gold. And a small increase in cost.
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September 15, 2016, 06:02:06 PM
 #63

If you want you can store some amount of your money in silver. Your capital will be secured in silver but you cannot expect a high profit from investment in silver as the price of silver is mostly stable and the fluctuations are very much smaller. I will not choose silver for my investment as I have the option of bitcoin for investment.

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September 15, 2016, 10:55:52 PM
 #64

Yeah it is a good store of value from centuries we are seeing that silver is a precious metal and it fluctuates in price a little and it do not drop in value so if you will keep your money in silver then you will not have to fear about its loss.
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September 16, 2016, 01:33:31 AM
 #65

If you want you can store some amount of your money in silver. Your capital will be secured in silver but you cannot expect a high profit from investment in silver as the price of silver is mostly stable and the fluctuations are very much smaller. I will not choose silver for my investment as I have the option of bitcoin for investment.

How about gold? or platinum? But i think gold is a good one. prices also fluctuates but could be minted into jewelry and it has a good appeal. Bitcoin is also a good one but i dont want to punt all my currency there as it is also not stable. But for the time being, its moving upward.

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September 16, 2016, 07:53:09 AM
 #66

For me silver is just an ordinary accessories. You can buy silver in a short money if you want. But if selling silver you talk you can earn profit in it because many person wants to buy silver because it is beautiful accessories and luxirous. Silver also can mold to convert into good one.
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September 19, 2016, 02:18:36 PM
 #67

Silver is also worth money but we know that it is not worth as much money as gold but you can try to store silver if you want.
If you have much silver then I am sure that you will we able to make quite allot of money with it.


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