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<p>[QUOTE="Bacchus, post: 59503, member: 759"]In the last year and a half, I saw silver approach 8.00 per ounce and then drop back to 5-something. Now it's 7-something. It seems to be more cyclic than steadily increasing. I was thinking about the possibility of trying to time the cycles if the cycles were reliable enough: buy at 5-something, sell at 7-something, then buy at 5-something.</p><p><br /></p><p>If you assume a finite supply, I would think that the only thing that would change its price would be inflation or monetary devaluation. That is, it doesn't "grow" in the sense of a stock that is tied to the very real growth of a corporation. If that's true, it is doomed to cycle and not keep steadily increasing in value.</p><p><br /></p><p>On the other hand, I've read that the world's supply of silver is drying up, which would cause its value to go up.</p><p><br /></p><p>There are people here much more authoritative than I am on the issue who can provide better insight into the matter.[/QUOTE]</p><p><br /></p>
[QUOTE="Bacchus, post: 59503, member: 759"]In the last year and a half, I saw silver approach 8.00 per ounce and then drop back to 5-something. Now it's 7-something. It seems to be more cyclic than steadily increasing. I was thinking about the possibility of trying to time the cycles if the cycles were reliable enough: buy at 5-something, sell at 7-something, then buy at 5-something. If you assume a finite supply, I would think that the only thing that would change its price would be inflation or monetary devaluation. That is, it doesn't "grow" in the sense of a stock that is tied to the very real growth of a corporation. If that's true, it is doomed to cycle and not keep steadily increasing in value. On the other hand, I've read that the world's supply of silver is drying up, which would cause its value to go up. There are people here much more authoritative than I am on the issue who can provide better insight into the matter.[/QUOTE]
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