What's the future of silver look like to you?

Discussion in 'Silver' started by Coins A-Z, Nov 23, 2017.

  1. STKR

    STKR Well-Known Member Silver Stacker

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    I wish I got popcorn for Christmas.
     
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  2. STKR

    STKR Well-Known Member Silver Stacker

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    I mean... Xmas
     
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  3. TreasureHunter

    TreasureHunter Well-Known Member

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    Political correctness is ruining Christmas, an ancient, beautiful holiday about love and true tolerance.
     
  4. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Is that why people call it Xmas? To be PC? I thought they were just lazy typers like me!
     
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  5. TreasureHunter

    TreasureHunter Well-Known Member

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    OK, so for lazy typers, use C-mas, for wild liberalist commies, use X-mas :D
     
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  6. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Yes, you're right, it's Christmas. We use a lot of short forms with very bad English on local forums. Chinese New Year is also usually shortened to CNY here.
     
  7. JulieW

    JulieW Well-Known Member Silver Stacker

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    OK. Here we go:

    Xmas (also X-mas) is a common abbreviation of the word Christmas. It is sometimes pronounced /ˈɛksməs/, but Xmas, and variants such as Xtemass, originated as handwriting abbreviations for the typical pronunciation /ˈkrɪsməs/. The "X" comes from the Greek letter Chi, which is the first letter of the Greek word Christós (Χριστός), which became Christ in English.[1] The suffix -mas is from the Latin-derived Old English word for Mass.[2]

    There is a common misconception that the word Xmas stems from a secular attempt to remove the religious tradition from Christmas[3] by taking the "Christ" out of "Christmas", but its use dates back to the 16th century.
    Lots more fascinating history: https://en.wikipedia.org/wiki/Xmas

    p.s. and anyone interested might like to pursue the Winter Solstice, its timing and significance in ancient cultures, along with its use by the early Church to attach Christianity to a popular and most significant pagan festival.

     
  8. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Winter Solstice is a very important east asian festival. If it is celebrated by the church, it will be an interesting festival celebrated both in the east and west.
     
  9. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    Only the fanatics take religion serious or as literal truth anyway, or those that lack critical reasoning skills.
    To many it's just tradition.
     
  10. JOHNLGALT

    JOHNLGALT Well-Known Member

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    1) I wish I got popcorn for Christmas.
    2) I mean... Xmas
    LOL. Nice one @STKR . I gave you 2 LIKES for that. _JOHNLGALT.
    We call that 'having 2 bob each way'.
    WINK..JPG
    p.s. I hope you had a HAPPY CHRISTmas.
     
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  11. tigger2

    tigger2 Member

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    yep, was just about to write that xmas only predates political correctness by a few hundred years.

    how's the silver price going?
     
  12. JOHNLGALT

    JOHNLGALT Well-Known Member

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    Why, up & down like a bad girl's undies, as usual. _JLG.
    OOPS.
     
  13. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    Silver isgoing nowhereit's old and tired like your postss
     
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  14. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    A commenter I follow believes that silver might repeat what it did early this year, rising into Jan and then slamming down again before the real spike to $20 in H2 2020. While I won’t put much weight on this comment but it’s not impossible. Another year of zigzagging to throw off more stackers?
     
  15. JOHNLGALT

    JOHNLGALT Well-Known Member

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    HAPPY CHRISTmas to you too COURT CLOWN.
    Jeez, it's been pleasant having you on my NO-SEE LIST. I slipped up & checked the thread without logging in.
    I hope, amongst your NEW YEAR's RESOLUTIONS, is one to GROW UP. _JOHNLGALT.
     
  16. STKR

    STKR Well-Known Member Silver Stacker

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    I think it's a good time of year for self reflection. But remember, the behaviors or qualities we dislike in others, is a reflection of the behaviors and qualities we dislike within ourselves.

    We are all at different stages of growth in different areas of our lives. Teacher's and students are not defined by age and personal growth can come from unsuspecting places.

    The truth is, being kind and respectful in your approach is more likely to lead to desirable and mutually beneficial outcomes, than being spiteful and vindictive. Sometimes it's simply better to walk the higher ground than to lower yourself to the same standard that you disapprove of in others.

    I love you all! You're my people and for the first time in many "Woke" years, I feel like there's hope for all of us moving forward. We need each other and shouldn't take the opportunity forums like SS create for us all, for granted. We should take this opportunity to unite, rather than focus on our trivial differences.
     
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  17. STKR

    STKR Well-Known Member Silver Stacker

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  18. Slimey

    Slimey Well-Known Member

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    With wise words like these.....we might have to start calling you the Deli Llama.
     
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  19. JOHNLGALT

    JOHNLGALT Well-Known Member

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    @STKR whilst we are pontificating here on the future of Silver & the Future of mankind I'd just like to put my 2 bobs worth in.
    LINK to the narration by Les Crane.

    DESIDERATA_1.jpg
     
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  20. STKR

    STKR Well-Known Member Silver Stacker

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    Greatly expanding output is a lot easier said than done. Many mines today, especially primary silver mines are teetering on the edge of their maximum ore processing capacities. With clearly evident declines in ore grades, the production abilities of mines will depend on new technologies and/or processing machinery to achieve production levels of previous years.


    [/QUOTE]
    Is that really all you took from the Vans analogy? Or are you deliberately skirting the point?
    Then you make the same comparison with bitcoin? WTF?

    [/QUOTE]

    No, I understood what you were saying and felt that you dismissed the point I made with your Vans analogy. History has shown us that in times of economic uncertainty, money flows into Gold and silver, as well as other "safe" asset classes. It's far from fantastical to think big money could flow into Both markets, especially as we near the end of this current Fiat monetary experiment.
    The connection to Bitcoin was only to show how a small market can be blown into a bubble. Bitcoin is at least seen as an asset class and an alternative store of wealth... Even if I think it's a massive Ponzi scheme and has only made it this far to be a prototype to the cashless monetary system we are heading towards.


    [/QUOTE]
    BS. I disagree, and explained why current supply can be so easily ramped up. Looks like you only need to open another 5 mines, according to your numbers?
    Mining supply can keep up by opening more mines, or digging more ore. But price needs to move first, and in the absence of that, then a supply deficit is but a mere fallacy. Price measures everything.
    I guess you didn't read my post, or don't want to see my point?
    [/QUOTE]

    I think you over-estimate the ability of mines around the globe to just ramp up production to meet excessive demand.

    As it was mentioned by another member, a Non-primary silver mine isn't likely to ramp up production for a metal that isn't their primary target, yet I could see that easily changing if the price was high enough relative to gold.

    One interesting point that I learnt from our conversation is the amount of silver that is sacrificed to process other metals. This is obvious in the ratio of silver to gold found in the ore grades relative to the final production ratios.

    The question this raises to me is:
    If silvers price reached a 1:10 ratio to gold, would that translate into higher final production ratios for mines simply because less silver would be lost or wasted to target/process other metals? I could see this as being a potential bubble popper in the 1:1 ratio hypothesis. The other major threat would be the scrap metal industry (as I mentioned previously).

    None-the-less, a 1:1 ratio environment would not be a natural price and wouldn't last long at all, but IMO still has a good chance of occuring. Even if production was ramped up and our malls were full of "We Buy Silver" shops, I can't see them filling a deficit of 2 billion Oz's.

    Further to this, Large companies like Sony, Samsung and Apple would likely increase their orders for silver 10 fold once they learn of a supply shortage. This would artificially increase demand in a very short period and in-turn affect the price significantly.
     
    Last edited: Dec 26, 2019
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