$13 silver might be possible

[SilverDJ]

$14.77 USD Close today.
http://goldprice.org/
My bet is still $9.80 USD

Based on what cause?

Experience or history.
Take your pick.

Neither experience nor history are big causal influences of near future events. Try again.

 

[Holdfast]

$14.77 USD Close today.
http://goldprice.org/
My bet is still $9.80 USD

Based on what cause?

Take a pick...

China's GDP - highs and what will follow.

2015 Chinese stock market crash and the fall-out

Pending stock market crash in the United States.

Lets not even talk about Europe; it's an investment destination that could literally implode.

Primary silver mine cash costs have dropped significantly.

Physical Silver Market fatique.

Paper manipulation.

 

[SpacePete]

There are some signs of long term bottoms.
1. This forum is visited by 4 folks
2. Most dealers that became dealer the last decade run companies like luxe cab renting, pizza tents or drive a truck.
3. Silverinstitute.org redirects to a warez site
4. The world is rosy with lotsa flowers and bees

Pizza tents I look forward to some good pizza and beer at the next ANDA-fest coin & pizza event.

The real problem I see is that stackers will all stand around and complain about the premium on the pizza slices and try to arrange a group buy for a full pizza, but then I will get hungry and go home and microwave some old 2014 pizza from my stack and it just won't be very satisfying.

 

[SpacePete]

And then someone will complain to Bron that Perth Pizza doesn't care about tomato sauce spots and that the pizza base probably comes from Canada.

 

[Jim4silver]

$14.77 USD Close today.
http://goldprice.org/
My bet is still $9.80 USD

Based on what cause?

Take a pick...

China's GDP - highs and what will follow.

2015 Chinese stock market crash and the fall-out

Pending stock market crash in the United States.

Lets not even talk about Europe; it's an investment destination that could literally implode.

Primary silver mine cash costs have dropped significantly.

Physical Silver Market fatique.

Paper manipulation.

Can you list some primary silver mining co's that have a positive P/E ratio right now? I am curious to know.

Jim

 

[Court Jester]

Based on what cause?

Take a pick...

China's GDP - highs and what will follow.

2015 Chinese stock market crash and the fall-out

Pending stock market crash in the United States.

Lets not even talk about Europe; it's an investment destination that could literally implode.

Primary silver mine cash costs have dropped significantly.

Physical Silver Market fatique.

Paper manipulation.

Can you list some primary silver mining co's that have a positive P/E ratio right now? I am curious to know.

Jim

some of the worlds largest silver mines produce silver as a by product to the mines main metal. The all in cash cost of 90% of the worlds mined silver is well below the current USD price.

 

[SpacePete]

Take a pick...

China's GDP - highs and what will follow.

2015 Chinese stock market crash and the fall-out

Pending stock market crash in the United States.

Lets not even talk about Europe; it's an investment destination that could literally implode.

Primary silver mine cash costs have dropped significantly.

Physical Silver Market fatique.

Paper manipulation.

Can you list some primary silver mining co's that have a positive P/E ratio right now? I am curious to know.

Jim

some of the worlds largest silver mines produce silver as a by product to the mines main metal. The all in cash cost of 90% of the worlds mined silver is well below the current USD price.

And those mines are struggling due to the collapse in commodity prices.

 

[Jim4silver]

Take a pick...

China's GDP - highs and what will follow.

2015 Chinese stock market crash and the fall-out

Pending stock market crash in the United States.

Lets not even talk about Europe; it's an investment destination that could literally implode.

Primary silver mine cash costs have dropped significantly.

Physical Silver Market fatique.

Paper manipulation.

Can you list some primary silver mining co's that have a positive P/E ratio right now? I am curious to know.

Jim

some of the worlds largest silver mines produce silver as a by product to the mines main metal. The all in cash cost of 90% of the worlds mined silver is well below the current USD price.

Hence my use of the term PRIMARY silver miner. I guess you can't produce said PRIMARY silver miners with positive P/E ratios?

The below article says 30% of silver comes from primary silver miners, not 10%. Look at the other mines where silver is a byproduct: copper, zinc and lead, gold- all metals whose prices have been slammed too. I don't know what the true cost to produce metal is for copper or zinc/lead, maybe they are "hurting" since their prices are low now, but I am guessing.

Some nice charts in the below article.

http://www.mining.com/byproduct-of-metal-price-meltdown-is-a-higher-silver-price/

Jim

 

[Gatito Bandito]

some of the worlds largest silver mines produce silver as a by product to the mines main metal. The all in cash cost of 90% of the worlds mined silver is well below the current USD price.

Show me a CEO of a mining company who says he doesn't care how much $$ their Ag "by-product" is going for, and I'll show you a liar..

 

[Court Jester]

some of the worlds largest silver mines produce silver as a by product to the mines main metal. The all in cash cost of 90% of the worlds mined silver is well below the current USD price.

Show me a CEO of a mining company who says he doesn't care how much $$ their Ag "by-product" is going for, and I'll show you a liar..

i didnt say no one cares I said it is mostly mined as a by product with the focus of the mine on other primary metals. It is a bonus to get as long as it is worth it still approx cost of $5/oz anything above this it is worth it to extract.

 

[leon1998]

Finally, Silver spot hit US$13.9X this morning; :lol:

 

[Skyrocket]

^ your not the only one that will finally be proven right about something that many had laughed at

 

[tmlee]

Still seeing some support > $14

 

[SilverDJ]

Still seeing some support > $14

Everyone missed the boat!

 

[silversearcher]

You absolutely freakin nailed it man. And to add to that, your no shill. Thumbs Up.

 

[Court Jester]

Still seeing some support > $14

Everyone missed the boat!

its still $19 almost $20 the world does not revolve around the US of A

 

[SilverDJ]

its still $19 almost $20 the world does not revolve around the US of A

Go the AUD! rally you bastard!

 

[magickookaburraride]

Nobody recognizing this big drop right now...WTF ?

13.97 US/ 19.30 AU

 

[Bosse68]

did they stop the trading?
Seems like the price have been the same last 30min

 

[magickookaburraride]

did they stop the trading?
Seems like the price have been the same last 30min

None of the big boys are recognizing the price either...apmex..provident...jm bullion...etc