Topic: How much do you think silver will go to? (Read 1485 times)
Would like to see the price of silver rise a bit, at least over $30 /OZ
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.
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.
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.
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)
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)
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.
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
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.
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
because of the supply... if price of silver would rise near to gold
that would be awesome
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.
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.
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.
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.
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.
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
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
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.
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.
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!
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.
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.
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.
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
$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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