Message:

<p>[QUOTE=&quot;medoraman, post: 1160521, member: 26302&quot;]So the author is assuming that the two metals has the same desirability as the other? He is ignoring at least 5,000 years of desirability of gold above all other metals in human society? He is ignoring large percentages of the world who value gold and have no interest in silver ownership?</p><p><br /></p><p>This means that in terms of primary supply, silver only has 8% of the capacity for investment that gold does despite having equal if not more dollars flowing into it</p><p><br /></p><p>Read more: <a href="http://www.cointalk.com/showthread.php?t=170040&amp;pagenumber=#ixzz1K65Zmprf" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/showthread.php?t=170040&amp;pagenumber=#ixzz1K65Zmprf">http://www.cointalk.com/showthread.php?t=170040&amp;pagenumber=#ixzz1K65Zmprf</a></p><p><br /></p><p>Where does he get that? His own math says that the value of silver able to be &quot;invested&quot; in is 341,000,000*44=15 billion, while gold is 125,000,000*1500=187 billion, like the man says. How is that equal amounts flowing into them?</p><p><br /></p><p>The author is right that there is less silver as a percentage of production able to be bought, but that is primarily because silver is an industrial metal, and not as valued by most of the world. I could say the same of copper, aluminum, and even platinum. This does not mean that humans will magically start to covet silver as they do gold. Go give a girl a silver engagement ring and see how happy she it. Try to give my Thai wife silver anything and I will get a week on the couch minimum.</p><p><br /></p><p>Just critiqueing the passage, not you Buster. Just seems to me the ratio he comes up with is purely chance and a numbers game, but what do I know.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>

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