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Topic: Is Silver undervalued? - page 3. (Read 529 times)

hero member
Activity: 700
Merit: 577
Eloncoin.org - Mars, here we come!
June 22, 2024, 04:42:18 PM
#15
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.
legendary
Activity: 2884
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June 22, 2024, 04:35:15 PM
#14
The disparity between gold and silver's value could be explained by multiple factors. To begin with, silver is utilized in more industrial applications than gold, which means its value is largely affected by the demand within the industrial sector, a factor closely tied to global economic conditions. The uncertainty looming over the industrial domain, susceptible to impeding factors such as an economic deceleration or obstructions in the supply chain, might act as a barrier for any surge in the price of silver.

The thing is even though silver is utilized in more industrial application than gold, it is more abundant for about 16x than gold.  So that explains why silver is way cheaper than gold, aside from the fact that gold had been used for bank-reserved which clearly paved the way for gold to be much more expensive than silver.

On the other hand, there is a compelling case to be made that silver is presently trading at a discount. Silver stands to benefit from an uptick in global economic prospects as well as its surging utilization in eco-friendly tech and electronic spheres, these are factors which could majorly boost demand for the metal. Should this event come to pass, it is likely that the value of silver would shoot up considerably.

In my opinion silver market is dictated by supply and demand and its current price is its true value at this point.  Unless there are breakthroughs that create a heavy demand for silver then I think it is fair to say that silver is not undervalued at all.

This might be a good read to know why many investors does not invest much on silver : https://www.linkedin.com/pulse/why-silver-bad-investment-yusuke-kohara-wydjc
sr. member
Activity: 994
Merit: 366
Duelbits
June 22, 2024, 04:13:43 PM
#13
The disparity between gold and silver's value could be explained by multiple factors. To begin with, silver is utilized in more industrial applications than gold, which means its value is largely affected by the demand within the industrial sector, a factor closely tied to global economic conditions. The uncertainty looming over the industrial domain, susceptible to impeding factors such as an economic deceleration or obstructions in the supply chain, might act as a barrier for any surge in the price of silver.

The second point that I would like to raise is on silver. Despite being a precious metal, the liquidity of silver in the market is not as strong as that of gold. Investors find it more favorable to trade and store gold due to ease and stability perception as an asset.

On the other hand, there is a compelling case to be made that silver is presently trading at a discount. Silver stands to benefit from an uptick in global economic prospects as well as its surging utilization in eco-friendly tech and electronic spheres, these are factors which could majorly boost demand for the metal. Should this event come to pass, it is likely that the value of silver would shoot up considerably.
legendary
Activity: 4242
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'The right to privacy matters'
June 22, 2024, 03:21:19 PM
#12
I like silver but it is fucking heavy.

I had over 800 oz of it at under $20 an oz

I sold 205 oz at $30 and $31.

I am going to hold the remaining 600oz for now.

Do I advise buying silver no
Do I advise buying gold  no

Do I advise dca and hodl BTC no but I dc and hodl BTC

I have ladder/stair buys in place for 63.1k 62.9k 62.5k

legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
June 22, 2024, 02:29:44 PM
#11
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.
Each has their own views. For you, its price is fine but for the others, they think it's small and this is why they say that it is undervalued. Gold and silver are much older than BTC and others we have now and there are no other better choices before, so yeah, people think they are the best.

If those people still exist up to this date, their views might still not change. Stocks on the other hand are centralized, which means you can't solo it on your own, so silver can win against it because I think silver is also decentralized, just like Bitcoin. Another advantage of silver is that it can be used as an accessory. It is still up to you if you will stick on stocks.
jr. member
Activity: 29
Merit: 3
June 22, 2024, 01:08:03 PM
#10
And  you require no knowledge and no education to hold the silver but in case of Stocks and bonds ,you should be knowledgeable person and if you will not get knowledge of stock and bonds and any another kind of investment, you will lose your money .

With all my love for precious tangible assets, silver is a pain in the ass to deal with, unlike gold is not that valuable per weight, one kilo is $1000, imagine going like 10k in it and then having around 10 kilos of it, not the easiest of buy or sell, even for pawns shops. And the fee and the takes that those put on the price, they will take at least 10% of the value if you try to liquidate. Bonds on the others hand, easy to acquire, easy to redeemed, peasants with no education were buying those a century ago, you need zero skill for it.
member
Activity: 126
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June 22, 2024, 12:54:14 PM
#9
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
Their value isn't all that low and I don't think that they are undervalued. With some substitutes that's in the market, it's certainly affecting the price of silver and gold and that's one reason why we've not witnessed a serious shift in its price.

You can easily find a lot of materials that are coated with an inferior metal or element that has almost the same look as silver and you can buy it at a much cheaper rate which goes on to reduces how much people value these precious metals.
STT
legendary
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June 22, 2024, 12:30:48 PM
#8
Silver will continue to be in demand but we dont have the great success economically for the price to especially rise.  China is pulling back in its commodity demand might be the most obvious indicator for why.

I do think silver is safe long term in a more average set of gains over a period of a decade.  It should keep up with inflation but if people are expecting out performance this is hard to get without also industry booming.
N.O
full member
Activity: 252
Merit: 168
June 22, 2024, 12:05:07 PM
#7
I think silver is is metal and metal price increases in a long run but market can fluctuate and silver price can go down but I like metals because we can hold them and these are safe investments and we can sell them at any time and at any place . And  you require no knowledge and no education to hold the silver but in case of Stocks and bonds ,you should be knowledgeable person and if you will not get knowledge of stock and bonds and any another kind of investment, you will lose your money .But the mining of silver is limited and it's price will go up and I think any person should invest 1 percent of his wealth into the silver . But most people want to earn money quickly but is not for that kind of person who are greedy and want instant success.
legendary
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June 21, 2024, 12:18:09 PM
#6
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

During the economic crisis of 2022, I also heard a lot of speculation and optimistic predictions about silver. But up to now we see that gold has had strong growth over the past year but silver has not yet had too many positive movements. So I really don't appreciate silver even though it is the second most precious metal after gold.

If you are looking at people's opinions about silver and making an investment decision. I think you should consider bitcoin rather than investing in silver, an asset that doesn't get as much attention despite being thousands of years old like gold. If you are looking for an asset that is undervalued but has strong future growth potential, bitcoin is a better choice than silver.
legendary
Activity: 2912
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Blackjack.fun
June 21, 2024, 10:18:51 AM
#5
because the very thing that creates demand for it are the use cases other than holding and trading, and those use cases require for it to remain cheap enough so that people rather use it then alternatives. At some point it might become valuable for exactly same reasons as gold and more as a status symbol.

More than 2/3 of mined silver is a byproduct of zinc and copper mining, with copper being in high demand there is an oversupply of silver produced that is being dumped on the markets as most byproducts are, so unfortunately for silver, its supply is heavily influenced by other metals if demand for copper for electric cars skyrockets there will be again a market imbalance in silver.

So unlike most metals, silver is at the mercy of markets that actually have little use for it!
legendary
Activity: 3234
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June 21, 2024, 09:48:43 AM
#4
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.
legendary
Activity: 2982
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Leading Crypto Sports Betting & Casino Platform
June 21, 2024, 09:11:50 AM
#3
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
Technically all finite minerals are undervalued in long term and correlating with growing population, not to mention the rate of inflation of the money. But thing with silver is that, even when it's finite like bitcoin, it will never just grow in time like bitcoin, because the very thing that creates demand for it are the use cases other than holding and trading, and those use cases require for it to remain cheap enough so that people rather use it then alternatives. At some point it might become valuable for exactly same reasons as gold and more as a status symbol.

At least until we have a cheap way to mine asteroids. Then price of that gets absolutely destroyed, alongside with every other mineral.
legendary
Activity: 1820
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June 21, 2024, 08:40:12 AM
#2
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).
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
June 21, 2024, 08:33:33 AM
#1
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
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