Precious metals

that is all the silver in the world 31-46 tons ok double it 90 tons there is still over 200000 tons of gold.........

this is the whole point of silver it's all used up........

blows the silver sucks story doesn't it.....

 

And it's replacable in just about every industrial application so who cares.. It's like the dodo bird going extinct. Sure it sounds bad but really it makes zero difference in how the world will operate.

 

No it doesn't.

Night.

 

that is about as stupid of an argument there is..........

and just proves me right again...............

 

Wow. This thread.

 

facts kill these guys ...........

go think it over TROLLS

The silver is all gone and you can't hide it from us........

 

A replacable metal is going awayyyyyyy!!! Aghhh!!!

 

I though you said there was tons of silver with no demand..... WRONG AGAIN

strong come back

 

I've never said anything about how much silver I think there is

 

So next lesson is the silver to gold ratio.....
but for the rest of us.....

SO historically the silver to gold ratio has been around 15-1 depending on supply......
so if gold was $100 dollars silver would be $15.... today it's at 75-1 but it comes out of the ground at 9-1 and there is no surplus of either...

so 1100 / 9 = 122 if it were free market priced...... after production the net silver and gold for investment is the ratio is 3-1 = 366

and total inventory for silver is 31-46 tons and 200,000 tons of gold so there is 4347 oz of gold for every 1 oz of silver on earth....

 

over 15 years silver is up 154% and about to go on another bull run....
the dow is up only 57% and is about to crash.......
this trade is easy to see.........

 

over 15 years gold is up 160%

 

silver to gold ratio chart, easy to see by the chart that silver trade is about to go bullish again....
lower ratio, higher silver price and we are just about to top out on the silver ratio again....


this chart is inverse for silver so the top is the bottom and the bottom is the top.......
the ratio is about to drop, raising the silver price...........

 

There is a tremendous stockpile of both gold and silver, so yearly production figures are almost meaningless, and reflect mining cost vs street value.

If you want to buy PM as a hedge against bad things happening, go ahead, but as a investment vehicle, not so good.

Howard

 

OMG you are HILARIOUS! Are you kidding me? What are you doing trolling this thread? You should be on a prepper thread or zombie preparedness forum. You clearly know nothing about economics and investing. Talk about silver as an investment not the end of the world.

Like I'm going to believe some some idiot in his basement talking finance, thanks for this mornings entertainment!

 

I failed to understand on it's face how a gold/silver ratio would make it "easy to see" silver is going to be bullish from the chart alone. But it is an interesting way of looking at commodity prices! So, I grabbed the gold and silver USD bid prices (openly published by the Govt of Western Australia) and charted out the daily silver highs from Sep/1/00-Aug/31/15 compared to the Gold/Silver price ratio over the same span.



Looks like there could be some correlation for silver. Anyone know if this kind of process/correlation works for other PM's as well?

::EDIT:: AK Taco easily points out the conclusion error, nevermind.

 

It seems pretty obvious there's gonna be a relation there... I mean you're comparing the price of silver to a ratio of gold and silver prices so of course when silver goes up the ratio goes down...

 

Ugh, you're sooo right. I was more focused on when gold/silver ratio goes above 80 there tended to be an increase in silver prices. But you're right, my correlation is because I made it correlated. What happens when I do this kind of analysis before a 3-day weekend. Great catch!