Will you still stack when (if) silver cost $6/oz?

Discussion in 'Silver' started by Cheepo, Apr 10, 2014.

  1. shinymetal

    shinymetal Well-Known Member

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    .40 calibre is what the police use.
    and i imagine the silver plate would need to be pretty thick.. since silver is such a soft metal.
     
  2. Cheepo

    Cheepo New Member

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    Unless it's a silver bullet... :p
     
  3. TheSilentBugler

    TheSilentBugler New Member Silver Stacker

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    Absolutely would stack, only caveat is some breakthrough, eg space mining or transmutation changing the whole dynsmic.
     
  4. LTEK4NZ

    LTEK4NZ Member Silver Stacker

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    Even asteroid mining wouldnt stop me. seriously want those polished silver walls.
     
  5. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Cheers, and thanks for the reminder, just popped 25 into the basket from Goldstackers.

    I am not a fan of the premiums on the 1/2 oz and I think they are too small but I am not buying them for myself.
     
  6. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    I was going to build a throne out of the stuff but not sure I want to spend all that time polishing it.
     
  7. miniroo

    miniroo Well-Known Member Silver Stacker

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    silver is $21.40 an oz in Australia but look at it say if you went to vietnam and bought 1oz silver. it's $425,000 an oz.
    so if you took your silver to vietnam you would be a multi million donga, the price of silver isn't the problem, your just in the wrong country.
     
  8. Pirocco

    Pirocco Well-Known Member

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    What about other prices when silver would be $6?
    Maybe a house is then 100000 instead of 300000
    No need for 3 times the weight silver then.
    Maybe it's a problem only occurring when looking through a binocular to the part of the scene you wanna see. :D
     
  9. mrearthman

    mrearthman New Member

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    I would keep stacking and at a more accelerated rate but I think there would be a lot of pessimism surrounding silver if it was only six bucks that you would have to try and ignore. Just like you had to ignore the hysteria in 2011 in order to not buy to high.
     
  10. mrearthman

    mrearthman New Member

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    $100,000 houses and $6 silver, that would be like Christmas come early!
     
  11. ego2spare

    ego2spare Well-Known Member

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    Is that coin going to be contined with different designs every year or is it a one off?
     
  12. ultimacash

    ultimacash Well-Known Member Silver Stacker

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  13. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    I am glad someone is checking my thinking.

    Also, with silver at $6/oz, I would be able to commision a lifesize statue of myself in silver, possibly looking like Han Solo in silver carbonite.
     
  14. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    At $6 an ounce I won't be stacking, I'll be building a 1:1 scale replica of fort kick ass in silver.

    [​IMG]
     
  15. SpacePete

    SpacePete Well-Known Member Silver Stacker

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  16. Gatito Bandito

    Gatito Bandito Active Member

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    Even burglars wouldn't want silver at $6 ounce..
     
  17. Gatito Bandito

    Gatito Bandito Active Member

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    5-cent silver might be possible..
     
  18. sterling-nz

    sterling-nz Well-Known Member

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    I would load the boat at $6.
    I would probably have to quit selling the stuff though as there would not be enough margin left for me.
     
  19. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    incorrect

    70% of silver is mined as a BYPRODUCT to the mines main or primary metal i.e. it costs less than that to get so no "most" supply wont simply dry up ya fool

    also in AUSTRALIA, because the world does not revolve around the USA

    we will never see $6/oz silver even if it gets to that in USD.
     
  20. Jim4silver

    Jim4silver Well-Known Member

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    The mines that "produce the most silver", such as copper, lead/zinc and gold, are also falling in price. At some point it will not be economical to mine those other metals if they keep falling in price too.



    Jim
     

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