Silver Will Never Be Valuable

...and thus a perfect fit for an online forum.

 

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Silver will climb out of the doldrums eventually. I don't think there is much in the world. We are collecting mostly the amount of coins that were circulating in 1964. There were a lot fewer people in the US back then. The other thing people buy are ASE's, and they are getting sold out. We are not in any kind of silver glut.

 

Dang, are you that guy at my local 7-11 that checks all the dimes and quarters to see if someone spent a silver one??????

 

you work at a "regista"? i thought you were a famous rapper lol

 

I like to keep it real homie. Can't forget life in da hood home biscuit

 

If you truly believe that it's only going to get cheaper then why do you own any? Why haven't you sold it waiting for the market to correct itself?

Surely the ONLY smart thing to do in your scenario is to sell it and buy it back when you believe that it is properly valued.

You're losing money in the interim simply by owning it as it declines. That's not generally what people try to do with investments.

 

I bet he's just worried that selling his stack might cause a panic.

 

seriously, though, think about it... If you believe that something is overvalued and has nowhere to go in value but down, why would you own any? You would wait until the price was more realistic in your own opinion and then buy all that you wanted. Owning a depreciating commodity is a bad investment move.

 

You would have a lot more credibility if you communicated in proper English. How old are you...12?

 

I don't see much of anything that isn't over valued. One dog is as good as another.

 

Use proper grammar home biscuit. You sound like a fool.

 

If you're posting on a bullion investment forum just to bash silver even though you search rolls and your register at work; then why would you even waste your time here or searching because it would be a contradiction or a troll

 

I will buy some when it gets cheaper.

Shouldn't that be 'cheapa', to be consistent in your fake ebonic patois?

The official US inflation rate is 1.7%. In practice everyone has their own inflation rate because their spending is never the same as the official 'basket' of goods they calculate with. Age groups will also have different rates. The overall rate has been held down for a few years by the reduction in energy costs recently from shale gas and lower world oil prices. This effect will lose strength.

It is also in the government's interest to encourage infation to devalue the huge debt.

 

A prediction is something that occurs ahead of an event, foretelling the outcome. What you are doing with these many monotonous threads, is merely observation of current events. No more a prediction than looking out the window and upon seeing rain clouds, "predicting" rain.

^^^ from 2012

^^^^ from 2013

^^^ That is what a real prediction looks like. Thus endith thine lesson.

 

I fixed that for you.

You're welcome.

If inflation averages closer to the historic average of about 2.7%, it will take 72 years for inflation alone to push the value of silver to $100/Oz.

But inflation isn't always constant, or reasonable.

The Weimar Republic is a good example of how inflation can go from a long period of reasonable inflation to hyperinflation very quickly. What caused it? War spending funded by borrowing, and after they lost the war, they could not repay their debts and reparations.

Sound familiar? We've been financing that last 13 years of war through borrowing and the world could demand that we pay more to rebuild and compensate Iraq and Afghanistan and repay our debts at an accelerated rate. How strong would the USD be then? What would our inflation look like? Would silver possibly be $100 USD/Oz.?

 

That is a queer number. The way to calculate "inflation" is computational gigs per $1000 (which indicates tremendous DEFLATION). All other measures are hooky.

 

Published inflation numbers are a scam. CPI market basket included steak in the 1960's, changed to pot roast in the 80's, hamburger in the 90's, and now has no beef portions at all. Logic is: as costs increase, people's spending habits change to more affordable alternatives.

 

Yep. I invested in 16Kx1 dynamic RAM DIPs back in 1979, $49 for a set of 8.

It would be a bit of a challenge to build an adapter that would connect them to a modern system, but if I did so, they would now represent about .016 cent worth of memory.

Or, to put it another way, I spent $80 a couple of years ago to upgrade my laptop to 16GB. (The cost has actually gone up since then; the chip market can be choppy.) Buying that amount of RAM at 1979 prices would have cost 49 million dollars.

But, again, 2014 memory would have been of no use to anyone in 1979, and 1979 memory is of no use to anyone today (except computing-history hobbyists). So the pure numbers are kind of bogus. Besides, the experience that I got from working on that computer set me up for a fairly lucrative career, so in that sense, it actually was a "good investment".

 

well played sir!

 

HAHA

Well I guess you are so entitled......we USE 75% of what we mine...CONSUMED. GONE. Gold? All still here..