Topic: Invest in silver or not? (Read 1409 times)

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.

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.

Invest in Bitcoin 

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

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 go go go and grab daily earn on these both have good rates in market and also have good value

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.

why dont you invest in gold it much more profitable

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

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?

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.

Buying gold ingots is an experienced, rich investor's game.
Silver?
It has potential.

Silver is massively cheap right now. It hasn't been this cheap in a very long time.

you can't equate gold and silver to bitcoin and litecoin.. gold/silver are not just investments, they can actually be used for other things.

you're goddamn right :p

I would invest in gold instead of silver

Junk coins can be worthwhile but they may well be more difficult to sell, if you're going for small I'd just buy 1 ounce bars or something or even bars that are just a couple of grams, the reason being is because anybody who knows about bullion will know for certain that it's .99 silver and they're not getting ripped off.

In the past governments always messed with the amount of precious metal in coins so they could make more and inflate their currency so be wary of that.

silver is an excellent investment

make sure you buy 'physicsl' silver , i recommend buying what is called junk silver

american and other countries coins in years past  contained silver,

check it out,  in the united states coins made 1964  and before are 90% silver

these can be purchased many places , often in situations where you don't have to give your id or social security number

don't get me wrong gold is probably a good investment but expensive

someone once told me if you invest in gold and have to leave the country you can carry everything in one bag where with silver you can't do it

when the dollar collapses things like physical silver (not certificates from your broker) and bitcoin may keep you alive

word to the wise

track value of old money and learn the percentages and going rates at a website like this

http://www.coinflation.com/silver_coin_values.html


do some research about the hunt brothers and how todays silver price is manipulated by being kept low from 'paper trading' 

it appears to me to be true.

pfft, I'm just going to buy a safe, I know how to take care of myself and security

Well I don't think many people have the space to store that much silver in bulk, at least not safely.  You can tuck a silver eagle under your bed, but it's hard to hide 100 rolls or 10 bars

Also then you need to keep receipts and have a rider policy from your home insurance.

If you can afford to buy it in big chunks then I think it would be worth it, but don't buy it in a small amount otherwise the price rise will barely affect you, silver will most likely follow gold once people find gold too expensive to get. I'm planning on buying several 100 ounce bars myself because they're pretty much dirt cheap right now, to be honest I'm not entirely sure why silver hasn't shot up yet, but I'm going to take advantage of the drop.

I will of course be holding cryptocurrencies as well if you ever buy precious metals be sure to check whether the person you're getting them from is trustworthy or not!

Gold is probably more prone to swings.  If you're not going to be constantly trading I would stay in silver.  The industrial demand for it is still increasing.