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Author Topic: Invest in silver or not?  (Read 1346 times)
Brewins
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July 14, 2014, 12:34:20 AM
 #21

Silver is cheaper and undervalued, and you can easily make art using silver, I think. Plus you may have some silver bullets or silver weaponst  to protect yourself against werewolfs.
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Malin Keshar
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July 14, 2014, 12:35:36 AM
 #22

gold already with big rises, so maybe more room for silver grown.

Only don't stay all fiat because things will get ugly next decades
For Dollar yep but why do you think that this should also apply to other currencies like Euro and so on?


Because USA in crisis will bring the world with him at least for a while? Because Euro countries are stagnated and with problems with government's accounts too?
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July 14, 2014, 05:36:27 AM
 #23

Investment in silver is for those who can not afford to invest in Gold also silver gives good appreciation over a period of time

but please take a note here that investment in silver has to be for longer period than a short or intra day because in short period you may not
be able to get a great amount of profit from this but yes if you keep it for 1 year then you can double up your investment for sure

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July 14, 2014, 08:52:59 AM
 #24

why dont you invest in gold it much more profitable

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July 14, 2014, 09:49:45 AM
 #25

Silver is cheaper and undervalued, and you can easily make art using silver, I think. Plus you may have some silver bullets or silver weaponst  to protect yourself against werewolfs.


Ssshhh.  You'll give away the reason for the next rise!

Seriously though, those silver rounds tend to jam up more often than I like.
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July 14, 2014, 10:14:50 AM
 #26

I would invest in gold instead of silver

why not bitcoin? Cheesy
you're goddamn right :p
I would invest in gold and bitcoin instead of silver because both growth is great! every day earning on your investment ! if you want to earn serious money with investing so don't neglect these two opportunities Smiley go go go and grab daily earn on these Smiley both have good rates in market and also have good value Smiley
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July 14, 2014, 01:29:42 PM
 #27

Silver looks good long term, and I think it has larger potential returns than gold.  Also, its much easier to sell say $50 worth of silver coins than if you have gold.  Even a 1/10th gold is worth over $150.  I'd stick with eagles and maples though, I dont like bars or generic rounds, they are harder to get rid of if you need to sell
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July 14, 2014, 01:38:52 PM
 #28

Invest in Bitcoin  Kiss

Fair Launch, No Premine and Active Devs = Logicoin
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July 14, 2014, 02:29:39 PM
Last edit: July 14, 2014, 02:42:24 PM by Cortex7
 #29

Best long term strategy is to diversify between PMs and bitcoin.

Many posts have mentioned these points already, but I love silver and so wrote my feelings on the matter:

Silver is undervalued

I think silver is undervalued at the moment.

SILVER:
Price per Oz of metal: $ 22
Total refined metal on planet: 45 BILLION Oz
Total market cap: $ 990 BILION

GOLD:
Price per Oz of metal: $ 1300
Total refined metal on planet: 4.5 BILLION Oz
Total market cap: $5850 BILLION

Why is it undervalued?

Reason being is because gold is currently mainly used for long term wealth storage. Whales deal in gold, the physical size of silver makes it more expensive to store when dealing in Billions of dollars worth.

Silver market currently has more industrial weighting.

Should the shit hit the fan then PMs will probably be used instead of cash, in that case silver price will increase (relative to gold) due to it's more useful and safer smaller denomination.

Silver is more fungible (easier to arrange a transaction with) than gold:

X = Paranoia level of person receiving 1Oz gold in a trade and giving considerable silver change.
Y = Paranoia level of person receiving 1Oz silver in a trade and giving smaller silver as change.

X > Y

What does this mean for the future of Silver?

Given its higher fungibility, we would probably see the gold/silver price change like:

(now) --> gold/silver = 0.017 ~= 2%
(shit hits fan) --> gold/silver ~= 0.1 ~= 10%

If a large gold holder converted all their holdings to all silver just before the shit hits the fan then they would be sitting pretty. And soon be holding much more gold after operating as a silver/gold changer. The initial flurry of changing would yield the highest % profit per week for their entire life.

It would be a Ferengi's wet dream. Cheesy

What if the shit never hits the fan?

There is shit in the air, it's not hit the fan yet, but many can smell it.

The Silver price will still probably rise as more minnows realise the hedging benefits of PMs.

In short the impetus that drives you to buy some silver rounds will also be driving others.

Oh and you will be holding a beautiful coin.
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