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.
Topic: How much do you think silver will go to? - page 2. (Read 1484 times)
$6 per ounce within 3 years.
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.
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.
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.
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
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.
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.
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
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.
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.
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.
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.
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 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.
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
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?
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?
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