All aboard the Silver Train

Discussion in 'Silver' started by BTFD, May 2, 2011.

  1. BTFD

    BTFD New Member

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    BTFD, May 2, 2011
    #1
  2. orodriguez

    orodriguez Member

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    orodriguez, May 2, 2011
    #2
  3. Smoothcriminal

    Smoothcriminal New Member Silver Stacker

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    You called?

    [​IMG]

    [​IMG]
     
    Smoothcriminal, May 2, 2011
    #3
  4. fatdan

    fatdan New Member

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    Where do I buy such a train?
     
    fatdan, May 2, 2011
    #4
  5. Stacks On

    Stacks On New Member

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    That's an incredibly comprehensive article on the fundamentals for the mainstream press. It covers (or at least mentions):
    - All time high in today's money is ~$166 (not $50)
    - Historically used as money
    - Rising prices due to devalued dollars
    - Industrial use as well as a store of value
    - Doesn't get hoarded in central banks like gold
    - Gold to Silver Ratio (and where silver should be if were at 15:1)
    - Short positions
    - Discrepancy in physical vs paper silver
    - Metals leasing
    - More above ground gold than silver
    - Manipulation driving the price down
    - Supply not meeting demand
    - Lack of dedicated silver mining operations
    - Small size of silver investment market
    - Investment vehicles include shares in mining companies, ETFs and physical bullion

    You'd think a stacker wrote that article. Five stars :)
     
    Stacks On, May 2, 2011
    #5
  6. 2ds

    2ds New Member

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    Well that was rather comprehensive, seemed to be about 90% correct too
     
    2ds, May 2, 2011
    #6
  7. mikedm

    mikedm New Member

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    Ah, re-linked that age article.
     
    mikedm, May 2, 2011
    #7

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