1 BHP share equals 1oz spot Silver

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

  1. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

    Joined:
    Jul 20, 2014
    Messages:
    5,739
    Likes Received:
    1,036
    Trophy Points:
    113
    Location:
    Melbourne
    I know he dribbles a lot of crap because he sells PMs but some of what he says is true, but not saying that what he said there is true. re - "FWIW"
     
  2. sammysilver

    sammysilver Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,970
    Likes Received:
    6,625
    Trophy Points:
    113
    Location:
    Sydney
    BHP Billiton Limited
    ASX: BHP - 24 Nov 11:52 AM AEDT
    19.72 Price decrease 0.34 (1.72%)

    Silver: 19.59

    My only prediction with some worth!
     
  3. SilverDJ

    SilverDJ Well-Known Member

    Joined:
    Nov 1, 2014
    Messages:
    3,935
    Likes Received:
    1,297
    Trophy Points:
    113
    Location:
    Australia
    BHP is almost guaranteed to win in the long run, it pays dividends. Reinvest them and it compounds.
     
  4. hennypenny

    hennypenny New Member

    Joined:
    Dec 22, 2010
    Messages:
    330
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    BHP could still go a lot lower:
    [​IMG]
     
  5. SilverDJ

    SilverDJ Well-Known Member

    Joined:
    Nov 1, 2014
    Messages:
    3,935
    Likes Received:
    1,297
    Trophy Points:
    113
    Location:
    Australia
    Back up the truck at ten bucks?
     
  6. boneyard

    boneyard Well-Known Member Silver Stacker

    Joined:
    Jul 10, 2009
    Messages:
    6,093
    Likes Received:
    426
    Trophy Points:
    83
    Location:
    55G 528505 5257160 TASSIE
    BHP $17.93

    AUS spot Silver $19.26

    Lets see what happens next week.
     
  7. sammysilver

    sammysilver Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,970
    Likes Received:
    6,625
    Trophy Points:
    113
    Location:
    Sydney
    I heard the price on the 6pm news. At what price do you buy the BHP dip?
     
  8. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
     
  9. boneyard

    boneyard Well-Known Member Silver Stacker

    Joined:
    Jul 10, 2009
    Messages:
    6,093
    Likes Received:
    426
    Trophy Points:
    83
    Location:
    55G 528505 5257160 TASSIE
    BHP $16.35

    AUS Spot $18.86

    Race to the bottom?
     
  10. tozak

    tozak Well-Known Member Silver Stacker

    Joined:
    May 6, 2011
    Messages:
    1,957
    Likes Received:
    79
    Trophy Points:
    48
    Location:
    Australia
    [youtube]http://www.youtube.com/watch?v=D5ndgzXRvWk[/youtube]
     
  11. Monsta

    Monsta Member

    Joined:
    Sep 25, 2015
    Messages:
    322
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Sydney AU
    I am surprised that pure silver is beating the Big Australian.
     
  12. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

    Joined:
    Oct 19, 2014
    Messages:
    2,493
    Likes Received:
    15
    Trophy Points:
    38
    Location:
    R.I.P
    To be fair it was starting to get a bit silly, silver couldn't go on losing everything for ever, statistics dictates that eventually silver would win something.
     
  13. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,644
    Likes Received:
    1,502
    Trophy Points:
    113
    Location:
    Northern NSW
    This might do it:

     
  14. col0016

    col0016 Active Member

    Joined:
    Jan 4, 2011
    Messages:
    2,466
    Likes Received:
    4
    Trophy Points:
    38
    Location:
    Australia, Melbourne
    I don't have a problem with this. It's a joke how often companies create environmental disasters and then tax payers pay for it.
     
  15. Holdfast

    Holdfast Well-Known Member Silver Stacker

    Joined:
    Oct 15, 2009
    Messages:
    4,631
    Likes Received:
    1,127
    Trophy Points:
    113
    Location:
    Australia
    12 Nov 2015 - $20.61

    18 Dec 2015 - $16.87

    Stick to physical metals oz. ;) :D
     
  16. long88

    long88 Member

    Joined:
    Jun 19, 2012
    Messages:
    756
    Likes Received:
    12
    Trophy Points:
    18
    Location:
    Melbourne
    . This time bhp could had it. They could declare bankrupcy and your shares will.bexome piece of scrap paper overnight.

    They have spin off all of the profitable business in the last couple of years, and mum and dad could be left holding the bag again

    Stay out of bhp.
     
  17. ParanoidAndroid

    ParanoidAndroid Well-Known Member

    Joined:
    Dec 2, 2015
    Messages:
    1,009
    Likes Received:
    644
    Trophy Points:
    113
    Location:
    Over there
    Agreed. Don't touch it until the dust settles. If it does settle...
     
  18. whinfell

    whinfell Well-Known Member Silver Stacker

    Joined:
    Mar 22, 2012
    Messages:
    3,327
    Likes Received:
    174
    Trophy Points:
    63
    Location:
    Australia
    Down, down, prices are down ...

    http://www.smh.com.au/business/mini...ces-to-fall-19pc-in-2016-20151222-gltezy.html
     
  19. Holdfast

    Holdfast Well-Known Member Silver Stacker

    Joined:
    Oct 15, 2009
    Messages:
    4,631
    Likes Received:
    1,127
    Trophy Points:
    113
    Location:
    Australia
  20. Lovey80

    Lovey80 Well-Known Member

    Joined:
    May 9, 2011
    Messages:
    2,322
    Likes Received:
    94
    Trophy Points:
    63
    Location:
    Sunshine Coast, QLD
    It would probably be prudent for BHP to stop dividend payments in order to reduce its debt burden until commodity prices return to decent levels. That would obviously effect the share price negatively but I think if you were investing long term it could be a fantastic buy opportunity.
     

Share This Page