1 BHP share equals 1oz spot Silver

Phiber said:
Balooney is a clown who makes sleek marketing videos promoting - guess what! - the stuff he is selling. And yet some still thinks he has credibility?
I guess one hears what they wanna hear.
He is a precious metal dealer and as such will do anything to try and convince people good and silver are the way to go.
If anyone is dumb enough to fall for this, I guess they get what they deserve.
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I know he dribbles a lot of crap because he sells PMs but some of what he says is true, but not saying that what he said there is true. re - "FWIW"
 
BHP Billiton Limited
ASX: BHP - 24 Nov 11:52 AM AEDT
19.72 Price decrease 0.34 (1.72%)

Silver: 19.59

My only prediction with some worth!
 
sammysilver said:
BHP Billiton Limited
ASX: BHP - 12 Nov 11:28 AM AEDT
20.56 Price decrease 0.39 (1.86%)
Ignoring silver premiums and such, If hypothetically I sell 1,000 ounces of silver and buy 1,000 BHP shares today, it will be an interesting exercise to track the two into the future.
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BHP is almost guaranteed to win in the long run, it pays dividends. Reinvest them and it compounds.
 
BHP could still go a lot lower:
909_bhp.jpg
 
Why Shattered Shares BHP Billiton plc & Rio Tinto plc Have Much Further To Fall!

To say that 2015 has been an unmitigated disaster for the mining and energy industries would be something of a huge understatement. In the past six months, resources-related stocks have comprised five of the FTSE 100's top ten losers thanks to the steady collapse in commodity prices.

Diversified digger Glencore has led the way, its decision to trash the dividend contributing largely to the 67% share value decline endured during the period. But things have been little better over at industry giants BHP Billiton and Rio Tinto, firms that have seen their share prices rattle 41% and 25% lower respectively.

And as commodity prices continue to fall, I fully expect shares across the sector to keep on plummeting.

Forecasts remain frightful

Bellwether metal copper so-called because of its use across a wide range of applications remains anchored around six-year lows around $4,500 per tonne. Iron ore struck fresh decade-long lows this week around $42 per tonne. And Brent crude looks set to break to fresh multi-year lows below $40 per barrel.

The entire commodities sector remains locked in a crushing downtrend, and the situation looks set to get worse as Chinese economic cooling intensifies and production levels in key markets head higher.

Plenty of room for further falls

Given these factors, I believe that both Rio Tinto and BHP Billiton remain significantly overvalued despite their plunging share prices.

Rio Tinto is expected to chalk up a second successive earnings dip in 2015, this time by an eye-watering 48% and which leaves the business dealing on a P/E multiple of 12.8 times. Although such a reading is not expensive based on conventional metrics, I reckon a reading closer to the bargain benchmark of 10 times would be a better reflection of the risks facing the business.

A subsequent price re-rating would leave the company dealing at 1,700p per share, representing a stunning 23% decline from current share values.

And the story is even more worrying over at BHP Billiton. Predictions of a 57% bottom-line slide in the year to June 2016 results in a ridiculously-elevated P/E rating of 24.6 times. Should prices fall beck in line with the marker of 10 times forward earnings, the commodities titan would see its stock value plummet 58% to around 334p per share.

It could be argued that both firms' gargantuan dividend yields more than offset their high earnings multiples BHP Billiton and Rio Tinto boast readouts of 9.5% and 6.8% correspondingly.

But the rapid scale of capex cutbacks and asset sales illustrate the hulking pressure on the companies' balance sheets. And with revenues set to drag well into the future, I believe current payout projections are on course to disappoint.

https://www.fool.co.uk/investing/20...-plc-rio-tinto-plc-have-much-further-to-fall/
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Monsta said:
I am surprised that pure silver is beating the Big Australian.
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To be fair it was starting to get a bit silly, silver couldn't go on losing everything for ever, statistics dictates that eventually silver would win something.
 
SilverDJ said:
hennypenny said:
BHP could still go a lot lower:
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Back up the truck at ten bucks?
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This might do it:

Judge freezes Brazilian assets of BHP

A judge in Brazil's state of Minas Gerais has frozen the Brazilian assets of mining giants BHP Billiton and Vale SA after determining their joint venture Samarco was unable to pay for damage caused by the bursting of a dam at its mine last month.

In a decision issued on Friday the judge ruled that Vale and BHP could be held responsible for the disaster at the iron ore mine in Minas Gerais, for which the government is demanding 20 billion reais $US5 billion ($A7.02 billion).

Vale and BHP each told Reuters they had not yet been notified of the decision. The companies are able to appeal.

http://www.news.com.au/world/breaki...e/news-story/3a3f25f627e901c69ebd84f2099684c7
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wrcmad said:
SilverDJ said:
hennypenny said:
BHP could still go a lot lower:
Click to expand...

Back up the truck at ten bucks?
Click to expand...
This might do it:

Judge freezes Brazilian assets of BHP

A judge in Brazil's state of Minas Gerais has frozen the Brazilian assets of mining giants BHP Billiton and Vale SA after determining their joint venture Samarco was unable to pay for damage caused by the bursting of a dam at its mine last month.

In a decision issued on Friday the judge ruled that Vale and BHP could be held responsible for the disaster at the iron ore mine in Minas Gerais, for which the government is demanding 20 billion reais $US5 billion ($A7.02 billion).

Vale and BHP each told Reuters they had not yet been notified of the decision. The companies are able to appeal.

http://www.news.com.au/world/breaki...e/news-story/3a3f25f627e901c69ebd84f2099684c7
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I don't have a problem with this. It's a joke how often companies create environmental disasters and then tax payers pay for it.
 
. This time bhp could had it. They could declare bankrupcy and your shares will.bexome piece of scrap paper overnight.

They have spin off all of the profitable business in the last couple of years, and mum and dad could be left holding the bag again

Stay out of bhp.
 
long88 said:
. This time bhp could had it. They could declare bankrupcy and your shares will.bexome piece of scrap paper overnight.

They have spin off all of the profitable business in the last couple of years, and mum and dad could be left holding the bag again

Stay out of bhp.
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Agreed. Don't touch it until the dust settles. If it does settle...
 
Down, down, prices are down ...

Top iron ore shipper predicts prices to fall 19pc in 2016

The world's biggest iron ore exporter cut its price forecast for next year by 19 per cent as supplies continue to swell and slowing growth in China hurts demand in the biggest user.

Prices will average $41.30 a metric ton in 2016 compared with $51.20 forecast in September, Australia's Department of Industry & Science said in a quarterly outlook Tuesday. The department cut its average price for 2015 by 4.7 per cent to $50.40 a ton.
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http://www.smh.com.au/business/mini...ces-to-fall-19pc-in-2016-20151222-gltezy.html
 
It would probably be prudent for BHP to stop dividend payments in order to reduce its debt burden until commodity prices return to decent levels. That would obviously effect the share price negatively but I think if you were investing long term it could be a fantastic buy opportunity.
 
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