Is It Time To GIVE UP On Silver???

Discussion in 'Bullion Investing' started by fretboard, Sep 19, 2021.

  1. Gam3rBlake

    Gam3rBlake Well-Known Member

    Yeah I didn’t post all the information I meant to say and it came across incorrectly.

    I normally can get 1/10th oz gold & 10 oz of silver with my monthly preset budget but not always since if prices are high I can’t get all that.
     
    GoldFinger1969 and mpcusa like this.
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  3. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Thats a great formula, I follow the same actually :) now that BTH has dropped
    slightly I have decided to take my profits and but some more 1 OZ Krugers
    my LCD has a list of the years I am looking for, trying to find the low populations
    first if possible some years are stupid low...LOL
     
    GoldFinger1969 likes this.
  4. GoldFinger1969

    GoldFinger1969 Supporter! Supporter

    As the great Peter Lynch would say......I don't know whether the next $10 is up or down.

    But the next $20 is UP. :D
     
  5. OldSilverDollar

    OldSilverDollar Unknown Member

    Time to buy and in reality Silver is more Rare then gold..gold just sits in a vault or is jewelry..silver is needed on an industrial scale while what is used is rarely ever recycled compared to gold. buy and buy big at 100 oz bars & up!

    $50 silver this time next year if not more! IMO
     
  6. baseball21

    baseball21 Well-Known Member

  7. masterswimmer

    masterswimmer Well-Known Member

    Gold sits in a vault or is jewelry? You might want to research that a bit. Cell phones, computers and a huge amount of printed circuitry has gold in them.

    Here's a picture of some of the gold on circuit boards I've saved. Recovering the gold is not easy, but those who do it will buy these circuit boards en masse. The red arrows are pointing to the gold ;)

    IMG_20210923_180536843~2.jpg
     
    Numiser likes this.
  8. OldSilverDollar

    OldSilverDollar Unknown Member

    I cannot see how you have a point to consider the majority of gold does sit in vaults and as I pointed out the recovery of silver is very very low in recycling vs. Gold as often the silver is destroyed or methods to recover it is too costly vs. the cost recovery ratio of gold. I never states gold does not get recycled only that silver is more heavly used and often once its been used in manufacturing it's an unrecoverable components mostly on an economic basic.

    https://seekingalpha.com/article/41...e-industrial-metal-tends-to-be-underestimated

    https://www.bullionvault.com/silver-guide/silver-industrial-demand
     
    GoldFinger1969 likes this.
  9. Santinidollar

    Santinidollar Supporter! Supporter

    Neither silver nor gold are looking too good right now. But with all the economic question marks out there — inflation, employment, tapering of stimulus — it’s really close to impossible to make a prediction of where prices will go. I suspect the gold sell off helped fuel today’s jump in the stock market, which I have reservations of buying into.
     
    OldSilverDollar likes this.
  10. baseball21

    baseball21 Well-Known Member

    That’s not really true as coins, jewelry, silverware etc are melted and recovered all time in massive amounts. Doesn’t really matter either way as there’s no shortage of either ,
     
  11. OldSilverDollar

    OldSilverDollar Unknown Member

    Platinum has been looking real sweet being its under 50% its high from a few years ago. Still concerned it's not done falling too or how far. Could it be $500 an once a year from now?
     
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  12. masterswimmer

    masterswimmer Well-Known Member



    You stated (bolded in RED above) that silver is needed on an industrial scale. In a post that specifically addresses only two PM's, silver and gold, your omission of gold in the statement 'silver is needed on an industrial scale', implies that gold isn't needed on an industrial scale. I merely pointed out that gold is also used, in a big way mind you, on an industrial scale.
     
  13. OldSilverDollar

    OldSilverDollar Unknown Member


    10/4
     
    Last edited: Sep 24, 2021
  14. FryDaddyJr

    FryDaddyJr Junior Member


    pumper BS
     
    KeyHunter likes this.
  15. OldSilverDollar

    OldSilverDollar Unknown Member

    I own no Bullion of any kind and what I did have was sold and just like everyone else I gave an opinion.
     
    fretboard likes this.
  16. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    God only knows..LOL
     
    OldSilverDollar likes this.
  17. GoldFinger1969

    GoldFinger1969 Supporter! Supporter

    Copper in EV's and silver in solar.

    Those are your 2 x-factors.
     
    OldSilverDollar likes this.
  18. Jeffjay

    Jeffjay Well-Known Member

    Future silver prices are anyone's guess. People come up with all kinds of fancy charts and Analysis but nobody knows for sure. It's all speculation.
     
    GoldFinger1969 likes this.
  19. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Especially with the pandemic everything
    is up in the air right now, many people
    don’t know which way is up..LOL
     
  20. rte

    rte Well-Known Member

    TP and cleanin supplies at co$tco are being rationed.
    Getm while there hot.
     
  21. GoldFinger1969

    GoldFinger1969 Supporter! Supporter

    Not here they aren't......
     
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