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  1. Slimey

    Negative interest rates?

    If you look at the early 70's inflation was tame. There are similarities between then and now. Massive government borrowings, a crisis ( oil vs virus ) and inflation jumped to 15% within 3 years. The RBA, the Fed Reserve etc control nothing. They simply react. Banks can and will determine rates...
  2. Slimey

    Negative interest rates?

    I can't help but think that now the talk of negative interest rates has become so mainstream that the opposite is now about to happen. The pendulum is at its maximum travel and now swings back.
  3. Slimey

    SVL

    my friend from work bought $10,000 worth of shares at 1cent and sold them around 28cents. I was curious as to whether he had purchased them before the consolidation. He wasn't sure but he told me that over $270,000 had landed in his bank account so it must have been after.
  4. Slimey

    SVL

    Hey Andy28, did you sell or did you hold?
  5. Slimey

    Help a newbie out, how to evaluate current Spot

    If wrcmad reads this....what are your thoughts on SVL?
  6. Slimey

    Help a newbie out, how to evaluate current Spot

    I have now changed my focus to silver shares. Silver Mines Ltd in particular due to its proven resources and its attraction as a takeover target. If silver does eventually move towards $300 ( the equivalent of its $50 price in 1980), the percentage rise of the shares will far outstrip the rise...
  7. Slimey

    Help a newbie out, how to evaluate current Spot

    No, I was too smart for that...cough, cough......I expected a pullback but not 8-10 years of misery watching every other asset class going up. I am expecting another 6-7 years before this will peak. I have kind of acclimatised to the pain now. Whats another 6 years. For you on the other hand...
  8. Slimey

    This time its different. Silver to $40+

    Boring!!!....I now use the word "Disappointing"
  9. Slimey

    Help a newbie out, how to evaluate current Spot

    Sorry, I should have invested in glasses instead of silver. As for true value, if you use 8:1 as your guide and then apply it using past price history, your great, great, great, great grandchildren will probably see that ratio. 2016 was the best time to stack after the early 2000's. I started in...
  10. Slimey

    Help a newbie out, how to evaluate current Spot

    To talk about a 'fair' price means that there is also an 'unfair' price. The reality is there is just a 'price' and you are buying to sell at a later time at a higher price. Sometimes it works....sometimes it doesn't. As for silver, the windows of time for taking profit are short. Buy...
  11. Slimey

    2020 Collapse

    Precisely......I can see the headlines now.....Elongate..Many shafted.
  12. Slimey

    RIP $38.00 silver thread.

    When will this Lazarus rise again?
  13. Slimey

    Which ASX listed gold miners have you invested in?

    Just speculated on SVLOB........get out while you can because whenever I buy a stock....the only way is down, down.
  14. Slimey

    Midnight to 6am - Overnight Spot Watchers Spot...

    I haven't lost faith in ye Captain....there is always a lag between the earthquake and the tsunami, between the explosion and the blast wave, between visiting those bawdy lassies and a trip to the doctor. I'll keep me larder full, me pieces of eight locked in the chest and wait for the...
  15. Slimey

    2020 Collapse

    I like the following simple explanation. "Currency inflation is when the currency declines so the assets rise in proportion. This is not actually a gain in real terms; rather it is how tangible assets act as a hedge against government. You will often hear gold will soar to $10,000. The question...
  16. Slimey

    50cents vs florins

    That is the end of the boom.......when buyers dry up.
  17. Slimey

    50cents vs florins

    Or this one. Keep your eyes on it. 565grams of silver. 18.17 ounces equals $690 at $38 per ounce. NEW LISTINGBulk Lot of 100 Post 1945 Australia Florins (500 Silver) Silver · Australian Florin AU $600.00 Time left6d 23h left (Sat, 3:21 pm) 0 bids or Best Offer +AU $12.00 postage
  18. Slimey

    50cents vs florins

    Watch this one on ebay. At the moment it is a touch over spot. No interest ........yet a 50cent is already at $16 with postage. Australia 1916 Florin (925 Silver) 0 BIDS:AU $10.00+AU $3.10Postage TIME ENDS:2d 2hMonday, 18:34 SELLER:keitakiracing(1403)100% positive Feedback
  19. Slimey

    50cents vs florins

    you can get florins at or near spot. 50 cents are way over.
  20. Slimey

    50cents vs florins

    3 pre 46 florins equal an ounce.
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