Trading in Gold for Silver?

Discussion in 'Bullion Investing' started by joey0053, Jun 28, 2010.

  1. 1970 Silver Art

    1970 Silver Art Silver Art Bar Collector

    The true test of your CT "marriage" will be when silver breaks $20.00 sometime this Summer. :D
     
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  3. krispy

    krispy krispy

    The Summer of Silver Love :smile
     
  4. Team Maf

    Team Maf New Member

    I believe since silver is cheaper, and when people realize what is going on, the demand for silver will be ridiculous and the price will go up and maintain new highs, since it will be MUCH LOWER and AFFORDABLE compared to gold. I talked to many folks about purchasing/investing in metals and they most commonly were interested in silver since they could not afford gold, as they had little spending money on the side as it is.

    There is a theory, as mentioned above, and seen in the Melt Up documentary(see youtube) that silver will balance out in price according to gold.

    EDIT to site from documentary: Price is artificially low because of non-holding I.E selling paper silver *** , therefore purchasing to cover the physical holding of this silver in the future could cause a large spike. All silver mined here is mainly used to supply the demand of for american silver eagle coins.

    Paraphrased from : http://www.youtube.com/watch?v=eb1n1X0Oqdw

    Talk about metals in ^^^ video is around the 29min mark starting with gold then talking over to silver.


    Also china just allowed their residents to buy it as well. Let me run some figures....
     
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