Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Is anyone buying silver at $44.56
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 1179172, member: 26302"]+1</p><p><br /></p><p>Most people I know, even the ones with a lot of cash, simply have zero desire to own PM. They own gold for jewelry, and have sterling silverware and the like. Almost everyone here is a coin collector or PM investor, so when we talk amongst ourselves we are talking with EVERYONE who has a desire to own PM. This is not the general public. The arguments made here that there are only XXX ounces per person on the planet are completely bogus. Most everyone on the planet has no desire whatsoever to own PM, and if they were given an ounce would sell it tomorrow for rice, a cow, etc. PM is a rich man's plaything, you cannot eat it, live in it, milk it, or plant it. </p><p><br /></p><p>I simply do not see global humanity desiring to own PM now or in the future. Yes, its a thin market, so a little more demand can cause prices to spike, but that cuts both ways, and a little less demand can cause prices to tumble. Place your money and make your bets, and we may agree or disagree, but please everyone stop trying to make the argument assuming every person in the world, or in China, or wherever tomorrow will wake up desiring to own 15 ounces of silver. Its just silly.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1179172, member: 26302"]+1 Most people I know, even the ones with a lot of cash, simply have zero desire to own PM. They own gold for jewelry, and have sterling silverware and the like. Almost everyone here is a coin collector or PM investor, so when we talk amongst ourselves we are talking with EVERYONE who has a desire to own PM. This is not the general public. The arguments made here that there are only XXX ounces per person on the planet are completely bogus. Most everyone on the planet has no desire whatsoever to own PM, and if they were given an ounce would sell it tomorrow for rice, a cow, etc. PM is a rich man's plaything, you cannot eat it, live in it, milk it, or plant it. I simply do not see global humanity desiring to own PM now or in the future. Yes, its a thin market, so a little more demand can cause prices to spike, but that cuts both ways, and a little less demand can cause prices to tumble. Place your money and make your bets, and we may agree or disagree, but please everyone stop trying to make the argument assuming every person in the world, or in China, or wherever tomorrow will wake up desiring to own 15 ounces of silver. Its just silly.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Is anyone buying silver at $44.56
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...