Is Silver undervalued? | Bitcointalksearch.org

Abiky

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Quote from: Mr.sprin on July 04, 2024, 11:55:51 PM

Yes, bro, the price of silver is currently low, but demand is increasing so that one day the price of silver will soar high, so that it can match gold, or be above the price of gold, investors have warned about the increase in the price of silver in the future, It can be a pretty big investment if we prepare it from now on, it can be called a long-term investment where now the price of silver is going down and down, someday it's not certain when it will go up, so those of us who invest a lot in silver from now on will enjoy the profits we receive.

Why would Silver surpass Gold in price? It's like saying Litecoin will surpass Bitcoin in price. It doesn't make any sense. Especially when Silver's supply is greater than Gold's. By definition, the scarcer an asset is, the more valuable it will be. Assuming demand stays high for prolonged periods of time.

I know Silver hasn't brought investors' attention as much as Gold these days. Almost everyone considers Gold to be the best store of value during times of crisis. Silver has always been the second option. Sooner or later, the "white metal" will reach a new ATH. Demand will soar once all the Silver is extracted (mined) from Earth. There will be a huge supply shock, triggering market prices to levels never seen before. Just buy, and "hodl", and forget about the rest. Cheesy

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Quote from: wxa7115 on July 04, 2024, 02:02:24 AM

Silver becoming just an industrial metal is not so bad if you think about it, silver is used in all kind of industrial processes which make the silver difficult to recover, so as the demand increases because of the push to move to green energies, and the miners fail to meet the demand, a drop on the world reserves of the metalis to be expected during the next years.

If true, then silver is likely poised to go up in value for the foreseeable future, so I can see silver being a good investment during the upcoming years.

Yes, bro, the price of silver is currently low, but demand is increasing so that one day the price of silver will soar high, so that it can match gold, or be above the price of gold, investors have warned about the increase in the price of silver in the future, It can be a pretty big investment if we prepare it from now on, it can be called a long-term investment where now the price of silver is going down and down, someday it's not certain when it will go up, so those of us who invest a lot in silver from now on will enjoy the profits we receive.

Abiky

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Quote from: wxa7115 on July 04, 2024, 02:02:24 AM

Silver becoming just an industrial metal is not so bad if you think about it, silver is used in all kind of industrial processes which make the silver difficult to recover, so as the demand increases because of the push to move to green energies, and the miners fail to meet the demand, a drop on the world reserves of the metalis to be expected during the next years.

If true, then silver is likely poised to go up in value for the foreseeable future, so I can see silver being a good investment during the upcoming years.

Maybe. Just maybe. The thing is, we haven't seen much progress in transitioning to green energy. If Mr. Trump wins the presidency in the US, he will reject anything that has to do with climate change. Trump himself promised to boost oil production in the country ("Drill baby, drill"). Burning fossil fuels will exacerbate the problem.

If the world takes a step back in going green, I don't see Silver gaining traction anytime soon. Only a supply shock would boost market prices all the way to the moon. We'd have to wait until the "Gold hype" ends to see what happens. The future can't be predicted, so lets hope for the best. Undecided

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Quote from: Abiky on July 02, 2024, 08:21:32 PM

Quote from: BitGoba on June 28, 2024, 03:39:13 AM

Silver has lost its monetary premium and become merely an industrial metal. Over the past 100 years, silver has been demonetized by gold. Gold is a harder form of money than silver. Bitcoin is a harder form of money than gold. Harder forms of money always win and become monetized. Silver has permanently lost its monetary premium and will remain an industrial metal, with demand solely for industrial use.

So based on what you've said, does that mean Gold will eventually lose its monetary premium and become an industrial metal like Silver? I doubt it. Although, Bitcoin has long been hailed as Gold's successor. If that's the case, then Litecoin could easily become Silver's successor. I still think there's a place for precious metals as a store of value. Especially when they can be used offline. Crypto's biggest downside is that it requires an Internet connection and power (as in electricity). You can't use BTC or LTC during an emergency, the same way you can use Silver or Gold.

Despite Silver being less scarce than Gold, that doesn't mean it can't become extremely-valuable in the future. I consider it undervalued right now because Gold had higher gains within a short amount of time. Who knows? Maybe it's time to grow our Silver collection. The future is unpredictable, so expect the unexpected.

Silver becoming just an industrial metal is not so bad if you think about it, silver is used in all kind of industrial processes which make the silver difficult to recover, so as the demand increases because of the push to move to green energies, and the miners fail to meet the demand, a drop on the world reserves of the metal is to be expected during the next years.

If true, then silver is likely poised to go up in value for the foreseeable future, so I can see silver being a good investment during the upcoming years.

Abiky

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Quote from: BitGoba on June 28, 2024, 03:39:13 AM

Silver has lost its monetary premium and become merely an industrial metal. Over the past 100 years, silver has been demonetized by gold. Gold is a harder form of money than silver. Bitcoin is a harder form of money than gold. Harder forms of money always win and become monetized. Silver has permanently lost its monetary premium and will remain an industrial metal, with demand solely for industrial use.

So based on what you've said, does that mean Gold will eventually lose its monetary premium and become an industrial metal like Silver? I doubt it. Although, Bitcoin has long been hailed as Gold's successor. If that's the case, then Litecoin could easily become Silver's successor. I still think there's a place for precious metals as a store of value. Especially when they can be used offline. Crypto's biggest downside is that it requires an Internet connection and power (as in electricity). You can't use BTC or LTC during an emergency, the same way you can use Silver or Gold.

Despite Silver being less scarce than Gold, that doesn't mean it can't become extremely-valuable in the future. I consider it undervalued right now because Gold had higher gains within a short amount of time. Who knows? Maybe it's time to grow our Silver collection. The future is unpredictable, so expect the unexpected.

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Silver is not undervalued. Since the beginning, the price of silver is lower than the price of gold. However, it is not only lower, it is much lower. Even if the price of silver rises in line with gold, it is not so noticeable because it is much lower.

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Quote from: kryptqnick on June 30, 2024, 06:56:07 AM

I believe that silver will grow in price in the long run. It's been around for a very long time and while normally appreciated less than gold, it's been consistently considered valuable. Silver is also great because it's useful: it is essential for photography, solar cells, and batteries overall, as well as useful for medical purposes. So it's not just a useful metal; it's useful for purposes that aren't going to get obsolete and in industries that are likely to continue growing. Taking this all into account, I agree that silver is undervalued and that we're likely to see it grow in the future.

Metals like gold and silver will continue to rise in price over the long term as the devaluation of fiat currencies will cause their value to increase. But more importantly we need to evaluate which asset will have better growth between gold and silver, and I think gold is better.

The demand for silver is as great as gold because in addition to making jewelry, it is also used in many industries as you mentioned. But as you can see, silver's value hasn't grown as fast or as strongly as gold, and I think there's a reason for that. As far as I know, silver is in large supply and much easier to mine than gold, which is why it cannot compete with gold and I don't think it is undervalued.

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I believe that silver will grow in price in the long run. It's been around for a very long time and while normally appreciated less than gold, it's been consistently considered valuable. Silver is also great because it's useful: it is essential for photography, solar cells, and batteries overall, as well as useful for medical purposes. So it's not just a useful metal; it's useful for purposes that aren't going to get obsolete and in industries that are likely to continue growing. Taking this all into account, I agree that silver is undervalued and that we're likely to see it grow in the future.

mindrust

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It has been undervalued for a very long time imo. Gold/silver ratio is out of the whack. Silver/usd is the same. You can check every chart, every pair and it will tell you that silver is undervalued. I have been holding some phys silver for a while and I am not selling any unless it reaches at least $100/ounce. Even then I won’t be selling all of my stack. It is because nobody can predict the next ATH price. Maybe it will go as high as $500/ounce. Who knows? I don’t want to lose that opportunity.

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Quote from: Baki202 on June 28, 2024, 06:12:12 AM

Is not only in your country it’s every were silver always have a lesser value and the only thing it is used for it is for jewelry actually. Even before B.D or A.D when most of this resources are used as a symbol of money, gold was the one topping and silver was like a lesser amount to pay. So silver not having value did not start today. And instead of even considering anything I would have preferred is not more than gold because it even have a good resell value compare to silver. This period people are smart already so I don’t see a reason why they will want to be keeping silver except if it is for jewelry, not a bad idea since their money to make from selling them. If it is diamond that’s crazy because diamond is another level on its own. Rare and expensive ordinary people don’t deal with diamond. Hold something that is profitable.

I agree, silver has never been all that much valuable, I mean it was valuable as a coin back in the day, because you couldn't just have gold coins, there were times in many states where it was impossible to print many gold coins, so they instead tried to make it from silver, and it had some value back in that day.

However, if we are talking about the current situation then we could say that silver lost all its value aside from just jewel. By the way, that is not nothing neither, because you could make some seriously good looking stuff with it, if you look at it as resource to build something instead of an asset to invest then it has immense value, because it is a great material to make something from it, just look at it that way.

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The fact that the market value of silver is not high does not mean that it is undervalued. There is every tendency that price will eventually hit a valuable market price once there is excess demand. thou it might take time to be achieved, but I believe it will actually be a history in the future.

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I think yes, because silver compared to gold or others tends to have a much cheaper price.
The reason is, the supply of silver is much greater than gold throughout the world. However, it will be much more profitable for someone buying on a limited budget.
This also causes the high demand for silver as fashion among women and even men.

STT

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Silver is not undervalued, its just the market rate and considering there is a regular supply with reserves to meet demand its the right price. In 2011 the price was already $50 and it collapsed from there because it had become overdeveloped in a speculative way not a usable case by genuine demand. The problem with speculative demand is it able to reverse so easily to become supply.

The market can change along with actual usage altering. We all anticipate silver becoming more of a monetary metal but its not here now. The old saying was to buy a coin every year you work, it could take a decade or more for a situation to develop where these holdings are profitable when selling. I'm bullish on the miners so long as they are diversified, able to meet their costs. They cannot be too leveraged and reliant on dollar being cheap, if able to extract metal and sell it cheap enough to gain a margin of profit its a good sector.

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Quote from: Peanutswar on June 27, 2024, 10:07:53 AM

In my country people keep ignoring the value of silver unless its part of the jewelry most of the time they keep holding and giving precious value is gold because they know it has a higher potential of the price goes up by time goes by also people now seeing the gold as a mark of their status once they saw you wear item like gold they will notice that you are higher above them I guess next in that is the diamond in case of the hierarchies as per observation here. Personally if have the chance at least those gold, diamond, and silver to keep with I will hold as long as I'm satisfied with the price.

yes in some countries silver is made into jewelry but they process it and mix it with other metals to make it more attractive when formed, and silver also for the current market can be worth more or less,depending on the current industry, and likewise gold has a very valuable value and never drops drastically while maintaining its value, likewise diamonds are equally valuable depending on the person as long as we have a lot of money I want to have them and keep them for the long term while the price is high and stable enough.

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Quote from: Peanutswar on June 27, 2024, 10:07:53 AM

In my country people keep ignoring the value of silver unless its part of the jewelry most of the time they keep holding and giving precious value is gold because they know it has a higher potential of the price goes up by time goes by also people now seeing the gold as a mark of their status once they saw you wear item like gold they will notice that you are higher above them I guess next in that is the diamond in case of the hierarchies as per observation here. Personally if have the chance at least those gold, diamond, and silver to keep with I will hold as long as I'm satisfied with the price.

Is not only in your country it’s every were silver always have a lesser value and the only thing it is used for it is for jewelry actually. Even before B.D or A.D when most of this resources are used as a symbol of money, gold was the one topping and silver was like a lesser amount to pay. So silver not having value did not start today. And instead of even considering anything I would have preferred is not more than gold because it even have a good resell value compare to silver. This period people are smart already so I don’t see a reason why they will want to be keeping silver except if it is for jewelry, not a bad idea since their money to make from selling them. If it is diamond that’s crazy because diamond is another level on its own. Rare and expensive ordinary people don’t deal with diamond. Hold something that is profitable.

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Quote from: Abiky on June 21, 2024, 07:33:33 AM

Rising geopolitical conflicts (wars) are having a positive effect over precious metals' prices. Particularly, Gold. However, things aren't looking too bright for Silver. The gray metal has been struggling to reach higher prices, staying within the $25 - $30 valuation of an ounce. Many experts predicted Silver would reach $50 an ounce, but that's far from becoming a reality anytime soon. Comparing Silver and Gold market performance, I'd say the latter has achieved substantial gains within such a short amount of time.

I'm beginning to think that Silver is extremely-undervalued. Do you concur? If not, why? Your input would be greatly appreciated. Thank you.

Silver has lost its monetary premium and become merely an industrial metal. Over the past 100 years, silver has been demonetized by gold. Gold is a harder form of money than silver. Bitcoin is a harder form of money than gold. Harder forms of money always win and become monetized. Silver has permanently lost its monetary premium and will remain an industrial metal, with demand solely for industrial use.

Abiky

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Quote from: STT on June 27, 2024, 08:38:41 AM

Robert needs to be a scientist before I believe his predictions for silver. Silver is valuable when its being used but we had a drop in demand in recent years and its only starting to recover long term from usage in green energy.

Photos used to consume quite a bit of silver apparently and thats gone but silver is useful and unique in it properties in other ways. So I expect more demand from growth in usage but Robert needs to tell us where and which discovery he has made for the next big usage of silver. Its not been found just yet.

Silver can be a monetary metal but if this is your reasoning go with copper first. Copper is also a monetary metal going back thousands of years. In the last decades the Chinese were using batches of copper as a proxy for currency before this was banned, it was no doubt superior to paper. Right now copper has great demand from growth in its many uses, its no longer that cheap. Like silver, in a secondary way it can be considered money at some level.

I agree Silver growth can be greater then gold but its also a more difficult road to travel. I've seen a miner go 20x its lows and it was the largest mine in the world so not easy to move in price.

Silver always had that usefulness as money, the same way as Gold. It's been used for centuries. Even if it's undervalued, demand for the white metal hasn't diminished yet. Good to know that demand for copper is rising. But you and I know its value won't nowhere near as close to Silver or Gold due to its high availability. It's not even a "precious metal".

Platinum is often considered as a strong alternative to both Silver and Gold. In fact, Platinum and Silver look very much alike (except Platinum is shinier). I'd buy and hold both of these metals just in case. You'll never know when prices will go all the way to the moon. Who knows? Maybe Silver will finally go all the way to $50 per ounce. We just need to be patient. Just avoid investing what you can't afford to lose, and you'll have nothing to worry about. Wink

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Quote from: Abiky on June 21, 2024, 07:33:33 AM

I'm beginning to think that Silver is extremely-undervalued. Do you concur? If not, why? Your input would be greatly appreciated. Thank you.

Yes, I agree with your thoughts and I also believe that Silver is extremely undervalued but there's no surety that either it will get higher in value or it won't.

There's less demand for Silver as compare to gold and there's more demand for gold and similarly the supply of gold is less as compare to that of silver.

When something is high in supply low in demand then that thing doesn't get appreciated in value and when something is low in supply and high in demand then that thing gets appreciated in value.

So in future there's chance that we may see Silver at higher values but gold will surely get higher growth even if silver grows in value.

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I have never understood the value of silver that much, some people do love it a lot, but not me. I get bitcoin, I get the need for gold as well, that is understandable, not that gold is backing anything anymore so it still doesn't feel like it's a must, rare source that's true but not that important anymore, but silver? Not only it is worse than gold, it is also not needed that much and we have a lot of it anyway, so it is not really like that much of an important thing.

I believe that we should honestly start considering how to drop silver from investment world, or just let people do what they want if they want to, but I would avoid it a mile from me because I do not think that it would be undervalued when I value it nothing.

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I'm not fond of precious metals but I'm starting to read it again that whenever there are rumors of war, people are suggesting to put their assets in it just like gold. I don't know if these folks who have suggested this technique have heard of Bitcoin which is easy to carry and runaway if some unfortunate event comes to their areas.

Quote from: DeathAngel on June 21, 2024, 08:48:43 AM

I don’t think it’s undervalued no, I think it’s at the price it should be. I’m not even a fan of Gold but less so Silver. It was a great investment 100 years ago or more but Bitcoin is much better, I would even prefer stocks to Silver.

I agree, in the past, it's way better and there's been the great gold rush for actual gold and the same goes for silver and you said it right about more than a century. We're in a different era today and no doubt that if someone wants to invest their hard earned money and they are in between of silver and Bitcoin, no doubt that BTC is the better candidate and choice.

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