Topherclaus
Active Member
It appears silver has managed what no man has ever done, and actually gone "just the tip".
Gold : silver ratio 80:1
- Thread starter Topherclaus
- Start date
Interesting to see how much higher it might go - and for how many years.
mmissinglink
Active Member
This could mean one of two things:
1) It's a great time to buy silver because it is a bargain
or
2) This is far from the highs that the GSR will hit in coming years and therefore silver is no longer valued anywhere close to what it used to be....gold is the far better precious metal to invest your money into
That said, the GSR has been higher previously, I believe, 2 times in recorded history (or at least since the spot price was fixed).
As for me, I'm choosing 1)
I like polished silver....it's shiny.
.
1) It's a great time to buy silver because it is a bargain
or
2) This is far from the highs that the GSR will hit in coming years and therefore silver is no longer valued anywhere close to what it used to be....gold is the far better precious metal to invest your money into
That said, the GSR has been higher previously, I believe, 2 times in recorded history (or at least since the spot price was fixed).
As for me, I'm choosing 1)
I like polished silver....it's shiny.
.
Topherclaus
Active Member
The AUD has gold just too high at the moment. I'm still investing in both but my silver holdings are probably close to 80:1 actually. Haha. Accidentally.
Topherclaus
Active Member
I do see silver as an amazing bargain right now. I keep saying I can't justify buying more and then I see a great deal and I buy more.
Bargain compared to what?Topherclaus said:
Topherclaus
Active Member
SilverDJ said:RetardedMonkey said:
What stackers think it will be worth
Yeah pretty much. It is an industrial metal which is being bought in record amounts every year. It simply must go up. That's the way it works.
mmissinglink
Active Member
Topherclaus said:
I think you are afflicted with what almost every other silver stacker is afflicted with....CanNeverHaveTooMuchBeautifulShinySilver-itus. :lol:
.
Topherclaus
Active Member
mmissinglink said:
Currently, yes. But when I started stacking it was entirely based on pure fact, history, and current global financial movements. I'm not suggesting $1000 silver is coming, but I am suggesting that an average of about $21-22/oz silver purchased for me that it would be very hard to lose money. And it doubling i the next 1-5 years is absolutely not out of the realm of reason.
It started as a method of divestment from the banks to be honest. And given interest rates at the moment, it's not hard to do better than a term deposit.
MetalSilver
New Member
Topherclaus said:SilverDJ said:RetardedMonkey said:
What stackers think it will be worth
Yeah pretty much. It is an industrial metal which is being bought in record amounts every year. It simply must go up. That's the way it works.
Indeed, this is the only parameter that really matters to me ( maybe because I am a horrible trader and the fundamentals are the only I under=stand ^^ )
I'll stick to what silverbullion said: gold and SILVER Stackers - KEEP THE FAITH!
I think we will see lower silver and gold. I'd bet the GSR will exceed 1:85
My thinking is...Japan neg interest rates...Yellen will also lower rates again or... as has been mentioned, there's talk of negative rates.
I see a rising stockmarket in-line with rising oil prices next 12 months.
Maybe more capital flowing into US stocks...lot more than say Europe or that neck of the woods. Not sure what's going to happen with Russia, US, Turkey, Syria etc...too complex and the refugee problem is going to cause lots of problems for European countries exposed, either by the cost financially of care or civil unrest.
Imo...for Aussies, if we see a strengthening AUD (Higher than the last 24 hours) and a falling silver price back down to what we saw in late Dec 2015 / early 2016 we could see much lower.
As for the GSR, I think new folk and fund managers will have a preference for gold than silver hence I think the GSR will stay high and go higher over the short term 2 - 3 years.
My thinking is...Japan neg interest rates...Yellen will also lower rates again or... as has been mentioned, there's talk of negative rates.
I see a rising stockmarket in-line with rising oil prices next 12 months.
Maybe more capital flowing into US stocks...lot more than say Europe or that neck of the woods. Not sure what's going to happen with Russia, US, Turkey, Syria etc...too complex and the refugee problem is going to cause lots of problems for European countries exposed, either by the cost financially of care or civil unrest.
Imo...for Aussies, if we see a strengthening AUD (Higher than the last 24 hours) and a falling silver price back down to what we saw in late Dec 2015 / early 2016 we could see much lower.
As for the GSR, I think new folk and fund managers will have a preference for gold than silver hence I think the GSR will stay high and go higher over the short term 2 - 3 years.
I think we could go well above 100:1.
People may rush to gold as a store of value though troubled times, but silver's price rises could be capped as a number of industrial users would be motivated to find substitutes for silver if the price rises too much.
People may rush to gold as a store of value though troubled times, but silver's price rises could be capped as a number of industrial users would be motivated to find substitutes for silver if the price rises too much.
Silverthorn
Well-Known Member
SilverPete said:
quite a few years back I read a report on silver and rfid chips. for graphene to be used as a replacement they suggested silver would have to be trading over 50 bucks an ounce to be worth while thinking about replacing silver.
wrcmad said:
Inflation, GSR and history is what most stackers base it off.
I can understand why people get the feeling of it being a bargain at present, even though I do not agree with their reasons why.
I think some people have to get hurt before they snap out of buying on a hunch, everyone figures it out eventually, some just need to feel more pain than others.
Topherclaus
Active Member
Source:
You show that like it means gold appears any better but that view?
SilverDJ said:
You show that like it means gold appears any better but that view?