pixha said:^ Haven't they recently invested in some new aircraft carriers?
None are operational yet, to the best if my knowledge.
pixha said:^ Haven't they recently invested in some new aircraft carriers?
hiho said:its one thing to have military harware, operating it effectively takes decades
grinners said:Yippe-Ki-Ya said:Nukz said:Problem with all these ratio's and predictions is if economic growth is slowing down in India and China(which is shown in the data) along with the huge percentage of the metals use that is industrial this can't be good.
That wont compensate for the hundreds of millions of people in India and China who see silver as real money and a store of wealth - safe from the effects of thieving central banks and governments.
I always love some of the arguments raised in this place about silver's future value potential. Just because governments and central banks have manipulated the price of silver for the past 100 years downwards does not mean that silver really is as lowly ito value as it was made out to be.
These same people seem to believe that governments and central banks can continue on their path of pulling levers and pressing buttons to micromanage the economies of the world and dicate to people (over the market) what the value of gold and silver should be...
Good luck to you's all.... let's wait and see how well that works out for ya
How on earth can you manipuate the price of something downward for 100 years...?
I think your simply talking about mining a commodity and selling it by that point!
alor said:grinners said:Yippe-Ki-Ya said:That wont compensate for the hundreds of millions of people in India and China who see silver as real money and a store of wealth - safe from the effects of thieving central banks and governments.
I always love some of the arguments raised in this place about silver's future value potential. Just because governments and central banks have manipulated the price of silver for the past 100 years downwards does not mean that silver really is as lowly ito value as it was made out to be.
These same people seem to believe that governments and central banks can continue on their path of pulling levers and pressing buttons to micromanage the economies of the world and dicate to people (over the market) what the value of gold and silver should be...
Good luck to you's all.... let's wait and see how well that works out for ya
How on earth can you manipuate the price of something downward for 100 years...?
I think your simply talking about mining a commodity and selling it by that point!
this ratio throughout time is between 2 and 110, plus and minus , occasional extreme can be during war time fleeing, when you want to swap heavy bulky silver for gold but the guy who stay behind holding silver and live, he will be VERY rich!
so long as the ratio is within this range, there is ALL logic that that will happen ALL the time, this is NO BLACK SWAN.
this is VERY obvious, why you guys can not come to believe this probability.
the things call demand and supply arguments are Crabs, you have been deceived!!!
if we saw the ratios moving from one end to the other, we just look at the direction of the move. just like recent past it was 83 moving to 30, now we moving up to 43.
THIS IS GOOD OPPORTUNITY, if you think 30 is low, then take out your silver and change to gold, and if you believe that 43 is a good enough price for your gold then change it to silver, the difference you can keep as your increase. MORE IS BETTER.
if you started 1oz gold and change to 70 silver and change your silver, 30 for gold then get 2oz gold + silver 10, then change back at 43 = end up with 96 silver. what an increase! if you live that long and know how.![]()
malachii said:Yippe-Ki-Ya said:That wont compensate for the hundreds of millions of people in India and China who see silver as real money and a store of wealth - safe from the effects of thieving central banks and governments.
I always love some of the arguments raised in this place about silver's future value potential. Just because governments and central banks have manipulated the price of silver for the past 100 years downwards does not mean that silver really is as lowly ito value as it was made out to be.
These same people seem to believe that governments and central banks can continue on their path of pulling levers and pressing buttons to micromanage the economies of the world and dicate to people (over the market) what the value of gold and silver should be...
Good luck to you's all.... let's wait and see how well that works out for ya
How can these sentences go together???? How can silver be a store of wealth safe from the effects of central banks and governements when in the next sentence you state that these same entities manipulate the price down? This doesn't make any sense.
malachii said:You'll also see if you look back that the US government manipulated the price of silver upwards during the 1890s (Sherman Silver Purchases Act) and again from the mid 1930s until the late 1960s (Silver Purchase Act 1934). Both of these acts were eventually repealed due to their disasterous effect on the US economy and it's reserves.
malachii
Fiat = Ponzi said:Don't think silver has been at 16:1 since the industrial revolution.
The "Long Boom" which lasted from 1945 to 1973 and now has essentially been followed by "Long Boom 2" (1975-2007) means we are in the beginning of a new economic turning point.
The UK dominated the world economy from say 1800 - 1914, then came war, roaring 20's, depression and war which was followed in 1945 by the rise of US world economic and military supremacy.
It has always been the case in modern world history (say the past 5,000 years) that the strongest military power has also been the strongest economic power.
Egyptian Empire, Holy Roman Empire, Rule Britannia, US Hegemony..... although the US economy is in deep doo-doo and the economic system there is being held together by fiat sticky-tape, without the emergence of a new rival military superpower, history would tell us that the US will remain top dog in economic terms.
hyperinflation said:pixha said:^ Haven't they recently invested in some new aircraft carriers?
None are operational yet, to the best if my knowledge.
hiho said:its one thing to have military harware, operating it effectively takes decades
Yippe-Ki-Ya said:Slight correction ... the strongest economic powers become the strongest military powers....
Based on this fact, China is destined to be the new dominant military power.
hiho said:its one thing to have military harware, operating it effectively takes decades
Yippe-Ki-Ya said:Nukz said:Problem with all these ratio's and predictions is if economic growth is slowing down in India and China(which is shown in the data) along with the huge percentage of the metals use that is industrial this can't be good.
That wont compensate for the hundreds of millions of people in India and China who see silver as real money and a store of wealth - safe from the effects of thieving central banks and governments.
I always love some of the arguments raised in this place about silver's future value potential. Just because governments and central banks have manipulated the price of silver for the past 100 years downwards does not mean that silver really is as lowly ito value as it was made out to be.
These same people seem to believe that governments and central banks can continue on their path of pulling levers and pressing buttons to micromanage the economies of the world and dicate to people (over the market) what the value of gold and silver should be...
Good luck to you's all.... let's wait and see how well that works out for ya
Yippe-Ki-Ya said:Actually i was not aware that silver was "manipulated upwards" by the US government between the 30's and 60's... ?
Yippe-Ki-Ya said:that does not really correlate with the reality that people were hoarding their dollar coins for their silver content, simply because they believed that the true value of silver (contained in the coins) was much higher than the denominated value on the coins minted by the Fed.
In fact, this is the very reason that the US government removed silver from their coins in the late 60's - because people knew that the government decreed value of silver - represented by the coins' face value - was much much lower than the actual value of silver.
I would argue that this indicates that the government/Fed did indeed try to suppress the value of silver via their coinage ...
Yippe-Ki-Ya said:Unloading billions of ounces of silver onto the markets at cheap prices by central banks the world over was also another way they used to artificially suppress the value of silver.
Yippe-Ki-Ya said:savvy??
Nukz said:What % of silver is used for industrial uses? I have no doubt Chinese and Indian's are buying silver but will that be enough to pick up the tab of industrial consumption if there is a slowdown?
You say demand is not a big deal but silver has a huge portion of its demand being industrial so it can be hit allot harder especially if we see a slowdown in China and India let alone a collapse in those markets.
It's not denying the potential of silver but rather considering every possible outcome.
hyperinflation said:hiho said:its one thing to have military harware, operating it effectively takes decades
Exactly... how many opportunities have the Chinese had to test their hardware...
Like what they're doing or not, US troops have current combat experience. Not too many Chinese troops out there in the Afghan hills![]()
malachii said:Nukz said:What % of silver is used for industrial uses? I have no doubt Chinese and Indian's are buying silver but will that be enough to pick up the tab of industrial consumption if there is a slowdown?
You say demand is not a big deal but silver has a huge portion of its demand being industrial so it can be hit allot harder especially if we see a slowdown in China and India let alone a collapse in those markets.
It's not denying the potential of silver but rather considering every possible outcome.
http://www.silverinstitute.org/pr28mar2011.php
This report from the silver institute shows demand sectors in 2000, 2009 and the anticpated demand in 2015. You can see how great the industrial demand is (> 50% and increasing) and how little investment demand is. There are better charts than this that break it down much more but cant search for in a hurry. There is another by the silver institute that really breaks it down and shows that industrial demand is somewhere around about the 75% in 2010. If this halves - the price of silver will take a hammering. If investment demand doubles - it will have very little impact overall.
malachii
Lovey80 said:hyperinflation said:hiho said:its one thing to have military harware, operating it effectively takes decades
Exactly... how many opportunities have the Chinese had to test their hardware...
Like what they're doing or not, US troops have current combat experience. Not too many Chinese troops out there in the Afghan hills![]()
Totally irrelevant! If China kicks off they will do it in style. It won't matter how much combat experience ANY nation has, when you have 1.3Billion people, the shear numbers alone will overwhelm any nation. India on board could cause some hick ups but they can't compete with China in any aspect.
Forget about how much hardware they have now. If they decide to kick off the ability to mass produce quality military hardware will be unprecedented in history and simply breathtaking. By the time the diplomatic process even begins to wind up it will be too late.