Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Is It Time For Silver?
>
Reply to Thread
Message:
<p>[QUOTE="yakpoo, post: 4684850, member: 18157"]As PMs head higher, we should see more and more articles like this...</p><p><br /></p><p><a href="https://www.marketwatch.com/story/silver-poor-mans-gold-no-more-2020-07-30?mod=home-page" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.marketwatch.com/story/silver-poor-mans-gold-no-more-2020-07-30?mod=home-page" rel="nofollow">https://www.marketwatch.com/story/silver-poor-mans-gold-no-more-2020-07-30?mod=home-page</a></p><p><br /></p><p>Please keep in mind that, when PM prices are low, mines become unproductive and are "idled". As PM prices show a sustainable recovery, unprofitable (idle) mines are once again profitable and slowly brought back online. </p><p><br /></p><p>This, along with regulatory margin controls, keeps PM prices from going to the moon. So...when Silver increases by 25% in a month (as it has this month), that doesn't necessarily mean that Silver will increase 25% every month into the future.</p><p><br /></p><p>I know this little axiom sounds obvious now, but when PM fever really kicks in, folks seem to forget/ignore it. </p><p><br /></p><p>Also, Silver is a by-product of many other types of mines (e.g. Gold mines). The reason Silver hasn't appreciated as much as other PMs is because secondary silver production consistently exceeds industrial demand. </p><p><br /></p><p>Only as speculative demand increases will we see a significant run-up in prices.[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 4684850, member: 18157"]As PMs head higher, we should see more and more articles like this... [URL]https://www.marketwatch.com/story/silver-poor-mans-gold-no-more-2020-07-30?mod=home-page[/URL] Please keep in mind that, when PM prices are low, mines become unproductive and are "idled". As PM prices show a sustainable recovery, unprofitable (idle) mines are once again profitable and slowly brought back online. This, along with regulatory margin controls, keeps PM prices from going to the moon. So...when Silver increases by 25% in a month (as it has this month), that doesn't necessarily mean that Silver will increase 25% every month into the future. I know this little axiom sounds obvious now, but when PM fever really kicks in, folks seem to forget/ignore it. Also, Silver is a by-product of many other types of mines (e.g. Gold mines). The reason Silver hasn't appreciated as much as other PMs is because secondary silver production consistently exceeds industrial demand. Only as speculative demand increases will we see a significant run-up in prices.[/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 It Time For Silver?
>
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...