Speculation in silver leads to note of caution

Thanks Dynoman, found your comment helpful. I don't know much about what a lot of people here do, but makes sense that silver is used heavily in industry.

 

looks like those days of 1kg Ag for 1oz Au are behind us for a while GP

 

I've found AFR to be a bunch of mainstream imbeciles...

 

While the GSR is above 16 i certainly wont be looking at the gold price movements (or lack thereof) to decide if silver is in a bubble lol

 

Just did a straw poll in the place of business in which I am currently working.

Fifteen people.
Ten males.
Four high income (>$400k PA) earners.

Question:
Given $100k, which asset class would you invest in?

Options:
A. Property
B. Shares
C. Gold
D. Silver
E. Term deposit

Thirteen said PROPERTY.
I said (to myself) SILVER.
The student next to me said SILVER. He knew the fundamentals. He knew what has happened recently.

Bubble? I don't think so...