We just never know whats dished up next thats all, dont take offence to what I said, I am in the same game as you guys but I aint got all my chickens counted just yet
No offense but anyone can write that. Could you say what those eight factors are that gonna pump the price sky high?
No offense but anyone can write that. Could you say what those eight factors are that gonna pump the price sky high? PS My minimum is 190 - 200. [Edit]: Double post, could someone get rid of the first one?
Well all the Buyers are trying to corner the market. The model that Turk is working on seems to be interesting. Could you disclose what the pricing factors are and what weightings you have applied on them.
Drive way is over 200 meters ++ Shared with 2 other properties. Got to get them into the picture. Gravel/ dirt was done under 1yr ago. Total $4000 I paid $1200 One owner pays 1/3 two owners 2/3 Next section two owners pay 1/2 Last section owner pays full. Getting 3 owners to agree?????? The guy who did it last time said full tar for whole driveway would be $15,000. The joys of shared driveways. Earlier members might remember me posting photos of my children taking the wheelie bin down & out. This is the reason I have a station wagon. To get the wheelie bins back up. In the BIG picture, it is just something that has to be done.
No offense taken at all, just wondering what you see as the basis for such a statement, As you say we are all in the same game and I'm pretty sure that at least 90% of the people here have done at least some rudimentary research as I'm sure you did. I personally looked at the fundamentals, Ever increasing demand , Ever decreasing commodity , Even the U.S geological society see Silver as very hard to come by within twenty years. The industrial use alone is eating silver at an ever increasing rate and yet the supply is at an all time low , combine that with Silver becoming also an investment for millions more people and I see it as sound with no choice but a rise in price, at least that equal to 1980's high in todays fiat, but on probability much higher. You stated earlier 1/15th of Gold, so what do you see Gold at in say five years?
have you tried sweetening the local council workers to drop you off some road base or ashphalt for something special ?
local council? They contract with the dude. Will be down the bottom with wheel barrow & shovel & broom tommorow reclaiming the stuff left on the road. Local council is yet to come & clear the crap from local creek that flooded the street. Got to LOVE Mother nature. Give me the tar/ ashphalt!!!!!
75 mt of road base will more than cover it , one bobcat and a roller for a weekend will see the job done .
Personally we will see tripple digits this decade but we will also have rampant inflation and a loss of confidence in the fiat currency system.
And what will feed the bobcat? I am talking GRADERS! Stuff road base & weekly/monthly play dirt repairs.
Go concrete then and do it properly the first time, cost you more but it will still be there after we are all gone.
Supply is still increasing annually, so it's not at an all time low. I've seen graphs of above ground silver dropping over the years, is that what you were referring to? I'm just trying to get my head around the real supply/demand situation, i.e how much is investor demand that might disappear in a downturn. The charts on the link below show falling industrial demand, but massive increases in ETF holdings. Are there more accurate data sources? Are there errors here? http://www.kitco.com/charts/CPM_silver.html Links to any other data sources I should be looking at would be much appreciated. Thanks
Above ground supply was what was written above, What are the actual physical holdings as opposed to the paper ?