1 BHP share equals 1oz spot Silver

Discussion in 'Markets & Economies' started by sammysilver, Nov 12, 2015.

  1. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    BHP Billiton Limited
    ASX: BHP - 12 Nov 11:28 AM AEDT
    20.56 Price decrease 0.39 (1.86%)

    Ignoring silver premiums and such, If hypothetically I sell 1,000 ounces of silver and buy 1,000 BHP shares today, it will be an interesting exercise to track the two into the future.
     
  2. systematic

    systematic Well-Known Member

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    [youtube]http://www.youtube.com/watch?v=j9RCMr4omM8[/youtube]
     
  3. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    BHP will be ahead and well ahead in the long term as it at least pays a good dividend, silver is a dead asset
     
  4. SilverDJ

    SilverDJ Well-Known Member

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    Totally agree. You can't beat buying quality shares low, holding, and getting a compounded return.
    Unfortunately BHP do not have a dividend reinvestment scheme, so not as easy to automatically get that compounded return over time.
     
  5. finicky

    finicky Well-Known Member Silver Stacker

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    How much will the compensation and clean-up cost? Obviously guesswork even for the experts. In addition might have to audit and do remediation on other tailings dams, insurance premiums might rise?
    The projected yield is between 7 and 8% now, franked; but the sceptics of its sustainability are in the majority. Let alone progressing the dividend as is company policy.

    BHP Decade chart in months
    [​IMG]

    Went lower in the GFC, but might be due a short term rally.
    http://forums.silverstackers.com/message-852712.html#p852712
     
  6. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    even if the dividend drop to 1% that is stioll 1% mortre than you are getting from a lump of silver in your safe
     
  7. long88

    long88 Member

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    Time to get rid of those safe deposit.. And convert the holding to shares..
     
  8. systematic

    systematic Well-Known Member

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    Precious metals, like silver, acts as a flight to safety and as a hedge against economic market instability ... it could be better decribed as a latent asset ...
     
  9. systematic

    systematic Well-Known Member

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    [youtube]http://www.youtube.com/watch?v=S-Pl-CLhU9o[/youtube]

    Warning: strong language in the video ... a trader's insight into charts ...
     
  10. SilverDJ

    SilverDJ Well-Known Member

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    That assumes silver holds it's value during instability.
    Recent events show that's not always the case.
     
  11. systematic

    systematic Well-Known Member

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    Silver peaking to $48 an ounce was not a bad run ...
     
  12. SilverDJ

    SilverDJ Well-Known Member

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    The problem with that theory though is that it only takes one case to prove that it's not always true.
    It's easy to pick the good examples.
    Since that $48 run there have been volatile times, and silver has dropped, not gone up in response.
     
  13. systematic

    systematic Well-Known Member

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    Overall the stock market has been booming and banks making record profits ... its a pity but there you go ...
     
  14. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    I'm expecting a heavy sell off of most commodities including gold and poor man's gold, companies shares such as BHP, RIO, Exxon, Glencore and Vale etc and commodity currencies such as the AUD, CAD and emerging market currencies in the first week of December unless something dramatic happens between now and then that would change my opinion. I'm then expecting the sell off to continue for some time into the new year.

    Feel free to bump this thread if I'm wrong to mock me cause I would do it to you
     
  15. silverbait

    silverbait Active Member Silver Stacker

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    I hold on to my Silver for another year at least not in any hurry.
    BHP is a good buy atm and also stock price might fall a little further, worth waiting a bit more I guess. (at least a month to see all Brazil fiasco)
     
  16. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    You've all become pessimistic bears !

    I'll buy an ounce of silver over a BHP share coz world is financially rooted and next GFC could happen anytime.
     
  17. Ouch

    Ouch Active Member

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    Wasn't this also BHP's peak in 2011?
     
  18. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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  19. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    FWIW, Maloney's latest video on "Real Estate & Stocks DOOMED IN DEFLATION"


    [youtube]http://www.youtube.com/watch?v=UMOPnBYGj_U[/youtube]
     
  20. Phiber

    Phiber Well-Known Member Silver Stacker

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    Balooney is a clown who makes sleek marketing videos promoting - guess what! - the stuff he is selling. And yet some still thinks he has credibility?
    I guess one hears what they wanna hear.
    He is a precious metal dealer and as such will do anything to try and convince people good and silver are the way to go.
    If anyone is dumb enough to fall for this, I guess they get what they deserve.
     

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