5 years in Silver

Discussion in 'Silver' started by SliderC, Aug 28, 2019.

  1. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    We are also heading into the sun (In approx 5 billion or so years) I wonder which one will occur first
     
  2. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    Gradually, then suddenly? :cool:

    Turkey.png
     
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  3. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Personally I'd much prefer to be in metals than Australian Real Estate.
    Couple of charts below showing where I believe real estate is heading...

    Annual Rent x20.. should head back down to the red line.

    20x_rent.png


    Housing demand - taking into account baby boomers, migration etc. Likely to see it overshoot the mean and probably drop 50%.

    housing_demand.jpg
     
  4. SliderC

    SliderC Active Member

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    By the look of this Graph I predict a rise in Rental Prices ;)
     
  5. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    Well, you can stack your cash and I will continue stacking my PMs.
     
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  6. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    So you are going to disregard the net housing demand? Need to look at all the info. Also remember Australia has the 2nd highest household debt in the world.
     
  7. Slimey

    Slimey Well-Known Member

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    If you look at the graph you will see house prices start to accelerate from the late 90’s vs rent. Most of this is due to falling interest rates. The lower the rate, the more you can spend. The amount you can borrow does not change as it is a function of income and so is rent.
    For example, a loan of $200,000 @ 15% will have similar repayments as a $425,000 @5%.
    The net expenditure to the buyer has not changed for the same amount of rent.
    All that has changed is the percentage of income as a function of house price.
     
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  8. Slimey

    Slimey Well-Known Member

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    There will be variances caused by growth such as the inner city but nothing really changes out in the country where I live in a mature town with slow growth.
    When I sold my last house I calculated the effect of interest drop, inflation of about 2-3% and worked out I sold it16 years after I bought it and the affordability ( comparing house price to wages) had not changed.
     
  9. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    I'll stack property and shares silver is a mugs game
     
  10. SliderC

    SliderC Active Member

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    Interestingly, #nevertellmetheodds, while both have had their own swings up and down, according to goldprice.org both gold and silver have BOTH averaged 9.7% annual growth over the past 15 years in AUD.

    That on its own is enough to show that your better off with gold/silver over cash sure isnt it? Show me anywhere you get 9.7% growth on Cash.

    upload_2019-12-4_15-31-41.png

    upload_2019-12-4_15-32-1.png
     
  11. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Weve had good growths in usd too. And it's still undervalued.
     
  12. SilverDJ

    SilverDJ Well-Known Member

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    Yep, and with everything that's happening I can't help but think it's got to take off again soon. In the current climate I can't see metals going down substantially.
    A good time to consolidate and buy any dips I think.
     
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  13. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Two assets that the government fully intends to throw its weight behind.
     
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  14. openeyes

    openeyes Well-Known Member Silver Stacker

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    You did notice the web address your on? Perhaps propertystackers or sharestackers might be more in line with your thoughts or are you working for JP Morgan?
     
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  15. TreasureHunter

    TreasureHunter Well-Known Member

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    Isn't industrial slowdown reducing the price of silver?

    Somewhere I've read 3-5 % less industrial demand is expected for 2019 (can't recall the source). But 2020 will bring even more slowdown (rational assumption), so where could silver be headed? 15-17 $ again? :eek:

    With industrial demand slumping, it could agonize down to 15 $ or even below... just a grim thought. o_O
     
  16. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Will consider buying silver again if we hit $15 USD. will only be unallocated though for quick gsr swaps.
     
  17. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    The manipulator in chief is doing his best.
    He says you should by stocks. The real economy doesnt matter, only stocks.
    Hes kept his promises darnit! He cares!
     
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  18. alor

    alor Well-Known Member Silver Stacker

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    [​IMG]
     
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  19. heartastack

    heartastack Well-Known Member Silver Stacker

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    ^
    Nobody wants to see that.
     
  20. alor

    alor Well-Known Member Silver Stacker

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    two strikes and stand up to walk again...within 2 minutes. super lucky better than win toto twice in a row
     
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