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Topic: When will my f*cking Silver be worth something? - page 4. (Read 4860 times)

hero member
Activity: 518
Merit: 500
Your silver will be worth something...

when you sell it for BTC!

Ha-chachacha!

*tap dances out the room*
legendary
Activity: 1904
Merit: 1002
Unlike bitcoin, it is easy to naked short sell metals.  Demanding delivery for every international trade is only feasible with cryptocurrency.  As for not demanding delivery, look what happened when France asked Nixon for their gold in 1971.  Oops, dollars are no longer convertible.

Until the banking system is flushed of the actors selling what they don't have, metals won't make significant new highs.
hero member
Activity: 1302
Merit: 502
You think you own silver?

Probably you mistake. You own a peice of paper where somebody wrote you own a silver.

Paper costs shit.

Why would you even want to have paper silver?

My coins are so shiny Cheesy

Easier to bend into cool shapes, duh!
legendary
Activity: 1008
Merit: 1000
You think you own silver?

Probably you mistake. You own a peice of paper where somebody wrote you own a silver.

Paper costs shit.

Why would you even want to have paper silver?

My coins are so shiny Cheesy
sr. member
Activity: 462
Merit: 250
Clown prophet
But wait... I bet you don't own even paper.
sr. member
Activity: 462
Merit: 250
Clown prophet
You think you own silver?

Probably you mistake. You own a peice of paper where somebody wrote you own a silver.

Paper costs shit.
sr. member
Activity: 434
Merit: 250
I don't think there's a shortage, I just think the supply from newly mined ore has just equalized with the actual demand.
legendary
Activity: 1008
Merit: 1000
I don't recall a day this year (not saying there hasn't been one that I didn't notice) where silver was over $30/oz. There is supposedly a worldwide shortage of silver...who woulda thunk it looking at market prices. I love my cool designed rounds and bars, but when will silver really rise? At least consistently past the $30 threshold? It is pretty disturbing to think that we're just about at the point where 1BTC=2 oz Silver!

What shortage?

Yes it has been disturbing  Embarrassed
legendary
Activity: 896
Merit: 1000
I don't recall a day this year (not saying there hasn't been one that I didn't notice) where silver was over $30/oz. There is supposedly a worldwide shortage of silver...who woulda thunk it looking at market prices. I love my cool designed rounds and bars, but when will silver really rise? At least consistently past the $30 threshold? It is pretty disturbing to think that we're just about at the point where 1BTC=2 oz Silver!
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