Author

Topic: How much do you think silver will go to? (Read 1485 times)

legendary
Activity: 1792
Merit: 1283
September 27, 2015, 12:03:07 PM
#32
Would like to see the price of silver rise a bit, at least over $30 /OZ
newbie
Activity: 26
Merit: 0
September 27, 2015, 10:34:09 AM
#31
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.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
September 27, 2015, 10:14:06 AM
#30
would have to buy a lot of kg bars to break even on the travel costs Sad

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.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
September 27, 2015, 09:42:01 AM
#29

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.
legendary
Activity: 2254
Merit: 1043
September 27, 2015, 09:39:05 AM
#28
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)
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
September 27, 2015, 09:34:51 AM
#27
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.

hero member
Activity: 644
Merit: 509
September 27, 2015, 09:25:02 AM
#26
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
legendary
Activity: 1134
Merit: 1000
September 27, 2015, 09:16:18 AM
#25
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.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
August 22, 2015, 04:46:33 AM
#24
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 Smiley
legendary
Activity: 1106
Merit: 1005
August 21, 2015, 01:21:30 PM
#23
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 Smiley

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.
legendary
Activity: 1092
Merit: 1000
August 20, 2015, 05:34:51 PM
#22
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.
member
Activity: 84
Merit: 10
August 20, 2015, 03:27:30 PM
#21
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.
legendary
Activity: 1456
Merit: 1002
August 19, 2015, 11:06:51 PM
#20
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.
legendary
Activity: 1120
Merit: 1000
August 19, 2015, 10:48:33 PM
#19
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
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
August 19, 2015, 07:33:26 PM
#18

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 Smiley


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.
member
Activity: 98
Merit: 10
http://eurgold.eu
August 19, 2015, 12:27:23 PM
#17
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.


Now there's a good answer! Thanks for the informative post!
member
Activity: 70
Merit: 10
★777Coin.com★ Fun BTC Casino!
August 19, 2015, 10:38:46 AM
#16
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.

newbie
Activity: 17
Merit: 0
August 19, 2015, 09:28:57 AM
#15
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.
newbie
Activity: 36
Merit: 0
August 19, 2015, 05:57:21 AM
#14
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
sr. member
Activity: 434
Merit: 250
August 18, 2015, 08:18:29 PM
#13
$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.
legendary
Activity: 1078
Merit: 1011
August 18, 2015, 06:55:28 PM
#12
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.

full member
Activity: 201
Merit: 100
August 18, 2015, 06:16:29 PM
#11
$6 per ounce within 3 years.
legendary
Activity: 1456
Merit: 1002
August 18, 2015, 05:59:31 PM
#10
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.
sr. member
Activity: 490
Merit: 250
August 18, 2015, 04:16:00 PM
#9
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.
hero member
Activity: 560
Merit: 500
August 18, 2015, 02:29:02 PM
#8
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.

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 Smiley



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. 
legendary
Activity: 2254
Merit: 1043
August 18, 2015, 02:14:25 PM
#7
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.

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 Smiley

hero member
Activity: 560
Merit: 500
August 18, 2015, 02:09:15 PM
#6
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.

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.
legendary
Activity: 2254
Merit: 1043
August 18, 2015, 02:05:10 PM
#5
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.
hero member
Activity: 560
Merit: 500
August 18, 2015, 02:03:26 PM
#4
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 Smiley

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.
member
Activity: 98
Merit: 10
http://eurgold.eu
August 18, 2015, 01:58:07 PM
#3
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 Smiley
legendary
Activity: 2254
Merit: 1043
August 18, 2015, 01:50:45 PM
#2
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?
member
Activity: 98
Merit: 10
http://eurgold.eu
August 18, 2015, 01:09:42 PM
#1
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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