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Topic: Is Silver undervalued? - page 2. (Read 549 times)

legendary
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June 27, 2024, 10:07:53 AM
#35
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.
STT
legendary
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June 27, 2024, 08:38:41 AM
#34
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.
hero member
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June 27, 2024, 06:55:18 AM
#33
It is true that until gold disappears from the market or is out of reach of the common man, the price of silver will not increase. About 20 years ago I bought gold and silver of the same value, and now that gold is giving me 20 times more than what I bought it for, and silver only twice, although I have very little gold and silver, but still the price of silver is not that much in 20 years. The higher the demand for the commodity, the higher the value of the commodity.

Bitcoin also has a lot of demand and has become more valuable and now Bitcoin is almost out of the reach of the common people, so is gold. Also, 15-20 years ago, the price of gold was not so high that even a poor person could buy it, but now even a normal rich person can't buy gold and in the future, I think gold will be beyond the reach of common people. This is why many people are buying gold instead of investing in Bitcoin because they feel that gold will pay them more in the future than Bitcoin.

Silver might not give you large returns over the long term, but at least, it's stable enough to help protect yourself against inflation. Gold and BTC will always yield greater results. This is because of their limited supply and high demand across mainstream markets.

I see Silver as the equivalent of Litecoin in the crypto space. It doesn't rise that much in value, but it's considered a store of value just like Gold. People can get into Silver if they find themselves unable to purchase Gold. Silver did reach $50 an ounce two times in the past (AFAIK). Who's to say history won't repeat itself again? Cheesy

But I think if someone can afford silver then they can also afford gold, so why don't we buy gold in the first place when it can bring more benefits than silver? Gold is completely superior in both fighting inflation and providing better returns so there is no reason for us to buy silver. So I think those who invest in silver instead of gold because they have their own calculations and maybe they expect silver to give higher returns than gold.

Similarly, if bitcoin and litecoin gave the same returns then no one would invest in litecoin, they would invest in LTC simply because they expected it to give better returns than bitcoin.
hero member
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June 27, 2024, 06:20:30 AM
#32
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. Smiley

There's a bigger global supply of silver and the utility of silver(the ability to be used as a raw material in different industries) is lower, compared to other precious metals. That's why silver is a relatively cheap precious metal and I don't think that silver is undervalued. The current price of silver is the fair price. However, the money printer in the US Federal Reserve is still working and I expect the prices of all precious metals to keep going up(mostly because the US dollar will keep losing value, not because the precious metals are increasing their value).
legendary
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June 27, 2024, 05:54:32 AM
#31
It is true that until gold disappears from the market or is out of reach of the common man, the price of silver will not increase. About 20 years ago I bought gold and silver of the same value, and now that gold is giving me 20 times more than what I bought it for, and silver only twice, although I have very little gold and silver, but still the price of silver is not that much in 20 years. The higher the demand for the commodity, the higher the value of the commodity.

Bitcoin also has a lot of demand and has become more valuable and now Bitcoin is almost out of the reach of the common people, so is gold. Also, 15-20 years ago, the price of gold was not so high that even a poor person could buy it, but now even a normal rich person can't buy gold and in the future, I think gold will be beyond the reach of common people. This is why many people are buying gold instead of investing in Bitcoin because they feel that gold will pay them more in the future than Bitcoin.

Silver might not give you large returns over the long term, but at least, it's stable enough to help protect yourself against inflation. Gold and BTC will always yield greater results. This is because of their limited supply and high demand across mainstream markets.

I see Silver as the equivalent of Litecoin in the crypto space. It doesn't rise that much in value, but it's considered a store of value just like Gold. People can get into Silver if they find themselves unable to purchase Gold. Silver did reach $50 an ounce two times in the past (AFAIK). Who's to say history won't repeat itself again? Cheesy
legendary
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June 24, 2024, 10:49:34 PM
#30
If gold still existed, people will still buy gold than silver although some people started buy silver. Maybe that is why silver still under valued. But when gold becomes rare, people will looks for the cheap option and that will be silver.

You can hold silver from now on besides of hold gold and Bitcoin. When gold becomes rare and too high to buy, silver will start increase its price. That will be the time for you to take profit from silver by selling silver. But you must thinks where you will save silver.

When the gold price is not increase so high, silver will not increase and still stable like now. People who wants to buy and collect silver can do that before the silver price increase. Gold is like Bitcoin and silver is like Litecoin Grin
It is true that until gold disappears from the market or is out of reach of the common man, the price of silver will not increase. About 20 years ago I bought gold and silver of the same value, and now that gold is giving me 20 times more than what I bought it for, and silver only twice, although I have very little gold and silver, but still the price of silver is not that much in 20 years. The higher the demand for the commodity, the higher the value of the commodity.

Bitcoin also has a lot of demand and has become more valuable and now Bitcoin is almost out of the reach of the common people, so is gold. Also, 15-20 years ago, the price of gold was not so high that even a poor person could buy it, but now even a normal rich person can't buy gold and in the future, I think gold will be beyond the reach of common people. This is why many people are buying gold instead of investing in Bitcoin because they feel that gold will pay them more in the future than Bitcoin.
hero member
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June 24, 2024, 09:10:10 AM
#29
I remember hearing the same speculation a few years ago, but now it is even more true that gold may be comparatively overvalued after the last rise(s).

But the fact that silver hasn't performed so well doesn't mean that it will necessarily do it anytime soon. The market is unpredictable and, many times, doesn't follow any logic (at least on beforehand: when thinks happened it is always easy to build a narrative).
Probably got it from Robert Kiyosaki, and that was back in 2020. To be very honest even as a fan of his work and a massive proponent of bitcoin, I didn't really believe him when he says silver will be so valuable in the near future, however how things are working right now for Gold and other precious metals, it seems as though silver's being slingshotted into a massive propulsion, or left behind by the entire market, although the former of course is a much more plausible case than the latter.

In any case, less speculation, more investments, Silver's been a tried and tested store of value for centuries now, so unless we're living in the end of the Roman Empire I think we're all good with investing in silver by bulk.
legendary
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June 24, 2024, 07:07:40 AM
#28
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.

Of course, Bitcoin is better. Even Litecoin is better than Silver. But I believe there's still a place for precious metals. Especially when they can be used at times of crisis. You can't use crypto when there's no Internet connection. The gray metal's (Silver) low market prices could be a result of its utilitarian purposes instead of a long-term investment or store of value. You can find Silver anywhere, especially in jewelry. Markets are often unpredictable, so anything can happen.

We should take advantage of current market prices before they soar. IF by any chance Silver reaches a new ATH. $50 per oz is closer than we've though. If Gold goes to $3k, then maybe Silver will reach said price. Who knows? Cheesy
legendary
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June 24, 2024, 07:04:50 AM
#27
Many experts predicted Silver would reach $50 an ounce, but that's far from becoming a reality anytime soon.

Eh....you never know.  I've been watching the silver market for years now and didn't expect it to get to $30 when it did.  I just figured it would continue to stagnate as it has since it hit a high back in 2011.  But you're right that gold is inexplicably outpacing silver by a wide margin--at least I don't have an explanation for it, aside from the fact that a large part of the world's population values it very highly as jewelry and a better store of value than other metals.

But the question is whether silver is undervalued.  That's almost like asking if litecoin is undervalued because it's lagging so far behind bitcoin.  There's just no good way to answer that, because there's no good way to put a price on something that can't be analyzed like a stock can be.  Remember, the price you see reported for gold & silver comes from futures traders, not from real-world physical transactions, and that further complicates silver's valuation.

I could blabber on and on, but the TL;DR is that with assets whose values depend solely on supply and demand (or heavily tilted toward demand when supply is close to being fixed), it's all guesswork.
hero member
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June 24, 2024, 02:59:46 AM
#26
If gold still existed, people will still buy gold than silver although some people started buy silver. Maybe that is why silver still under valued. But when gold becomes rare, people will looks for the cheap option and that will be silver.

You can hold silver from now on besides of hold gold and Bitcoin. When gold becomes rare and too high to buy, silver will start increase its price. That will be the time for you to take profit from silver by selling silver. But you must thinks where you will save silver.

When the gold price is not increase so high, silver will not increase and still stable like now. People who wants to buy and collect silver can do that before the silver price increase. Gold is like Bitcoin and silver is like Litecoin Grin
newbie
Activity: 0
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June 24, 2024, 02:40:18 AM
#25
Silver's dual role as a precious metal and industrial commodity makes its valuation complex. It may be undervalued considering recent trends, but factors like industrial demand and market sentiment play crucial roles. Cool
legendary
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June 24, 2024, 01:03:40 AM
#24
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. Smiley

Never compare between gold and silver. There is a good reason why Silver does not mirror the pricing trend of gold.

Unlike gold, silver has extensive industrial applications, particularly in electronics, solar panels, and medical equipment. This industrial demand ties silver’s price to broader economic conditions, which can suppress its price during economic slowdowns despite geopolitical conflicts​. If the gold price increases, the price of many such items will have to be increased to maintain profitability. That's the reason why Silver will not perform similarly as gold without a significant shift in industrial demand or investment behavior.

I consider the current pricing trend silver is good for the overall economy.
hero member
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June 24, 2024, 12:37:57 AM
#23
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. Smiley
Without a doubt silver is undervalued, but there is no way to know when the market will finally react to this fact, and taking into account how slow the precious metals market can move, this could take a decade at least.

However despite all of this I consider silver a good investment, but make sure to get the actual silver and not paper silver, as even if they are easier to trade, when silver finally moves up in value you will be unable to take advantage of that movement, since the majority of that paper silver is not backed by actual silver.
legendary
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June 23, 2024, 04:52:06 PM
#22
Market value is dependent with supply and demand. Not undervalued but might be haaving higher resources of this mineral in comparison with gold. I cannot say it is undervalued 'coz it is still being used with jewelries and with its other functions. If its resources becomes limited and its usage will remain, then I think that would be the time Silver will have a higher market value. I also read some comments that Gold is overvalued but I cannot agree with it. Same idea sits on its case wherein there is a constant demand for gold and it just happened that its resources is limited with few countries which makes its value higher than other minerals in world market.Regardless, we cannot assume equality between gold and silver because these two serves different usage or function for the mankind. Although it has lots of  similarities but that won't be enough for their market prices to equate.
hero member
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June 23, 2024, 03:53:08 AM
#21
Gold is even more pronounced than Silver. I don't even know where one can fine Silver but at least we all k ow where Gold can be mined. It is about 3 weeks now in Nigeria those who were mining Gold are trapped in the cave, and they are still there and I don't think those guys are still alive. And that is one of the dangerous thing in Gold mining. Because they have to dig in the ground to look for Gold and if the potholes are blocked then everyone die in. And I don't know if there is any modernity to solve this mining technics.

And Silver is also an asset the it would not be devalued in the would because it is useful as others though it might not be value as Gold.

Silver is not more valuable than gold because it is easier to mine and process, and there are more silver resources on the surface of our earth than gold. You don't know where silver is mined because you don't care about it like gold, and focusing on gold has been a human habit for thousands of years and has spread until now. Therefore, it is not surprising that when discussing gold, people are very interested and have many things to discuss, but with other metals such as silver and copper, people do not show any interest.

Not only gold mining, mining any mineral resource also carries a lot of risks because we have to mine deep underground and this is not as easy a job as above ground work as we see.

Silver does not depreciate, but its value is unlikely to increase as high as gold or bitcoin because the demand for it is not so high and as I said, mining and the amount of silver on the surface of the earth is not as scarce as gold.
legendary
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June 23, 2024, 02:59:45 AM
#20
Prices or value of an asset are more often than not created due to the perception of people in general. We can't deny that gold is more often thought as the rarer and more special out of the two despite silver being used more in industrial sectors.

Maybe that is the reason why gold is seen as more valuable, it is only seen as jewelry and is held as an asset while we see silver in a lot of places in our everyday lives. I do think silver could be priced more due to its uses but today's price is not the end of the world and can still change over time.
Gold got the benefit of stereoytpe that its an anti inflationary piece of investment and also there are many people that believes its the true currency, in that regard also the reason why so many people decide to hoard gold as much as they can.
from this alone can help massively in raising the price of gold, granted that the use case maybe significantly less than the other precious metals but gold still valued because people think it has value.

I think that perception really does play a big role in determinining the value of a thing, just like how diamond is also valued high because its a symbol of wealth.
full member
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June 23, 2024, 12:53:19 AM
#19
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. Smiley
At a time, the price of Bitcoin was more than that of silver and almost caught up with the price of gold, but that's not to say that the metal has lost its value.
it could be due to several reasons like Bitcoin being the fastest return on a good investment as compared to silver and that's why investors prefer to acquire and trade BTC, than buy and trade silver of which its trade, is across many conflict ridden borders and regions and it has become even more difficult to refine due to the rising cost of the economy and the right materials.
sr. member
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June 22, 2024, 11:54:40 PM
#18
Prices or value of an asset are more often than not created due to the perception of people in general. We can't deny that gold is more often thought as the rarer and more special out of the two despite silver being used more in industrial sectors.

Maybe that is the reason why gold is seen as more valuable, it is only seen as jewelry and is held as an asset while we see silver in a lot of places in our everyday lives. I do think silver could be priced more due to its uses but today's price is not the end of the world and can still change over time.
sr. member
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June 22, 2024, 10:22:26 PM
#17
I'm beginning to think that Silver is extremely-undervalued. Do you concur? If not, why? Your input would be greatly appreciated. Thank you. Smiley
I concour to that. Silver was once an asset with good potential but as time goes on its value keep dipreciating though it still has it usefulness in terms of using it for production but there is one thing that makes people not to focus on those old stock which is the disadvantages over the advantage. Those assets like gold and silver where once a loved and cherished item but people begin to see reason to why they no longer need them whis is the existence of bitcoin. Bitcoin is an asset that can never be compeard to any physical assets. Bitcoin is compatable which means you can send thousands of bitcoin or millions of Bitcoin to a wallet yet is like nothing of such never existed except you told someone you have that amount no body will know. But if you buy silver worth $1m you will need to build a store for it which will occupy space compeard to bitcoin wallet which no one knows the quantity you have in your wallet. Bitcoin is traded online at the comfort of your zone with higher volatility.
full member
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June 22, 2024, 09:47:41 PM
#16
In my opinion, silver should not be undervalued as an investment. While there is a view that investing in silver is relatively easier and safer than other investments such as shares and bonds, it is important to remember that any form of investment requires a good understanding of the market and the risks involved.
With limited silver mining causing prices to rise, including silver in an investment portfolio as a diversifier could be a smart move. However, that doesn't mean investing in silver doesn't require any knowledge at all. To optimize profit potential and manage risk, a deep understanding of precious metals market dynamics is required.
Therefore, even though silver is considered a relatively safe and easy to understand investment, good knowledge and understanding is still required so that this investment provides optimal results in the long term.
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