I just dont get it anymore..

L

lshallperish

New Member
If silver is "used" and gold is "stored" how the hell is silver so low? I mean there is only 1 billion ounces of silver left and that the world uses a good 850million ounces.

year 2000 population was around 6 billion.. and even then how many people can say I had this and that at that age other than plastic case play station 1 and plastic toys..

2010-11 population reaches 7 billion.. kids at the age of 2-3 are playing with ipad's and such that contain silver

I am only 21 year's of age. I was too young to do anything about it.. a time like 2000-8 when gold reached $1895 an ounce.. and silver $45.16.

What is so god dam good about gold? Yes it's a way to store wealth.. so is many other thing's but what use is it? It's like buying a stock that provides nothing.. Why would I waste my money on something that does nothing?

So will I ever see a time maybe in 40 year's where silver is not cheap...where the not so rich will buy copper because they see silver as to expensive just like how we sometimes see gold as...

I was always told that if a product is in demand people will die to have it.. it is how most people buy stocks/shares they ask themselves "what will people need, what is a want and a need?" a bank is a need... so people buy stocks with banks hence why its called a "blue chip share" people buy woolworths and coles shares because people need to eat... so why on gods given earth is not silver needed? when it allows us to have the basic's in so many different levels?
 
And about gold, central banks and their buddies control the price.
Central banks create money (or use peoples deposited money) to buy gold at any higher price. This way sponsoring their buddies too.
Also observable: World Gold Council data.
 
lshallperish said:
If silver is "used" and gold is "stored" how the hell is silver so low? I mean there is only 1 billion ounces of silver left and that the world uses a good 850million ounces.

year 2000 population was around 6 billion.. and even then how many people can say I had this and that at that age other than plastic case play station 1 and plastic toys..

2010-11 population reaches 7 billion.. kids at the age of 2-3 are playing with ipad's and such that contain silver

I am only 21 year's of age. I was too young to do anything about it.. a time like 2000-8 when gold reached $1895 an ounce.. and silver $45.16.

What is so god dam good about gold? Yes it's a way to store wealth.. so is many other thing's but what use is it? It's like buying a stock that provides nothing.. Why would I waste my money on something that does nothing?

So will I ever see a time maybe in 40 year's where silver is not cheap...where the not so rich will buy copper because they see silver as to expensive just like how we sometimes see gold as...

I was always told that if a product is in demand people will die to have it.. it is how most people buy stocks/shares they ask themselves "what will people need, what is a want and a need?" a bank is a need... so people buy stocks with banks hence why its called a "blue chip share" people buy woolworths and coles shares because people need to eat... so why on gods given earth is not silver needed? when it allows us to have the basic's in so many different levels?
Click to expand...


Maybe re-visit your thread... http://forums.silverstackers.com/to...ou-invest-also-nice-collection-of-silver.html

There's plenty of answers contained within. :D

In addition...many folk use history as a guide and those who have purchased shares may have seen their money or their friends money vanish into thin air; at least with a silver coin you still have a lump of silver.

Sure...you can trade in and out of shares if you know what you are doing...you can also try to predict what shares will increase in price and when but...have luck with that. :)

A few folk here buy precious metal because they know they are no good at picking winners in the stock-market or they are sick of losing money when it's very possible to have 100K invested in the stockmarket and have it disappear in short time. Sure...you can buy defensive stocks like Woolies The Fresh Food People or you could buy Banks or.........

What a bloke has to do is look long term commensurate with your own life style and life goals and financial objectives.

Some of us have a house, a car a bit of cash and a few bucks in stocks and a few dollars in metal, and of course we grow vegetables and are multi-skilled. :cool:

Why do we diversify and why do we stack metal? Answer because we read and know about historical events, we know that the USA has a currency crisis and we know that the prices of precious metal are manipulated.

To buy silver, or gold or any of the other precious metal, could be a very good store of wealth just as improving your "organic" garden soil fertility could be seen as a great way of ensuring you don't have to rely on man-made fertilizer to produce food. Yes...it's an old method of growing food but a tested method that if done well will keep you alive.

Think of gold and silver as fertile earth and a healthy addition to your financial planning. :)

H
 
I diversified away from fiat, although most of the diversification is silver, for practical and also market reasons :D
What I also do is frequenting secondhand places, to buy anything that appears as having a good price and that I can use myself now or later. Or in short: I'm hoarding. Yesterday in one of those state 'eco' shops: a pair of new socks. Price 0.40 euro (reduced after x weeks for sale but no buyer at the demanded price). New price in shop: 3 euro.
Can buy these things now instead of later, and I'm sure that even if the shop price would ever drop, it will drop because the quality is even more awkward (and today it's already seriously, considering that in a past, a pair lasted a year, and now like just a month. In a past, shops sold them per pair. Now, they bundle 3-5 pair. Says enough, doesn't it?
Same applies to about every existing, and needed, product. And this way, I take abit back what state took from me. Takes time and effort, but I combine it with bicycle trips, and snuggin' in stuff that others didnt want anymore, is not that boring either.
 
Gold is prettier.
Now you know.

On a more serious note, when you are invited to all the best cocktail parties in town, you stop going to the pubs at happy hour.

On a sad note, Kim K is popular, because she is popular, not because she is useful or talented.

There is just no accounting for taste.
 
BeHereNow said:
On a sad note, Kim K is popular, because she is popular, not because she is useful or talented.
Click to expand...


It's one of the most ludicrous things in the world. If Aliens landed on earth and you tried to explain that to them they'd laugh. Then when they saw that it was fair dinkum they'd shoot back up into space and Nuke us from orbit
 
The dealer I started to focus on since abit over a year, announced 3 weeks ago that the website would be closed for maintenance.
The announced day passed, apparently nothing happened.
Two days later, silver price dropped to sub $19.
Directly after it, suddenly you couldn't add to basket anymore.
Still no maintenance report.
Again a day later, finally maintenance reported, and everything disabled (although it already was since the add to basket was greyed out).
It's now 4 days later. Still can't order.
It's like the sub $19 price disabled it.
I just don't get it anymore! :D
 
BeHereNow said:
Gold is prettier.
Now you know.

On a more serious note, when you are invited to all the best cocktail parties in town, you stop going to the pubs at happy hour.

On a sad note, Kim K is popular, because she is popular, not because she is useful or talented.

There is just no accounting for taste.
Click to expand...


Lol? shes not useful? I dont know about talented but when your famous and you enter a club or some place and basically tell the world that Kim K was here because she is worthy enough for her to be there.. even though you just paid a shiit load of money for her.. would bring people thus allowing the owner to bring a extra suit case to fill up with money
 
Pirocco said:
The dealer I started to focus on since abit over a year, announced 3 weeks ago that the website would be closed for maintenance.
The announced day passed, apparently nothing happened.
Two days later, silver price dropped to sub $19.
Directly after it, suddenly you couldn't add to basket anymore.
Still no maintenance report.
Again a day later, finally maintenance reported, and everything disabled (although it already was since the add to basket was greyed out).
It's now 4 days later. Still can't order.
It's like the sub $19 price disabled it.
I just don't get it anymore! :D
Click to expand...


So if the price drops a lot, basically they hoard the silver til it rises up?
 
Exponential growth doesn't just apply to its use. There has been many breakthroughs in extraction technology which have resulted in significantly higher throughput efficiency levels but also technologies that enable identification and extraction of below ground resources that previously were unobtainable.

But rest assured, their is an ever growing demand on a finite supply. It will inevitably become scarce, just maybe not in our lifetime.
 
lshallperish said:
Pirocco said:
The dealer I started to focus on since abit over a year, announced 3 weeks ago that the website would be closed for maintenance.
The announced day passed, apparently nothing happened.
Two days later, silver price dropped to sub $19.
Directly after it, suddenly you couldn't add to basket anymore.
Still no maintenance report.
Again a day later, finally maintenance reported, and everything disabled (although it already was since the add to basket was greyed out).
It's now 4 days later. Still can't order.
It's like the sub $19 price disabled it.
I just don't get it anymore! :D
Click to expand...


So if the price drops a lot, basically they hoard the silver til it rises up?
Click to expand...
It could be coincidence. But the coincidence is adding up with the day, at some point one has to wonder.
I was talking about 1 dealer, the cheapest, without tax.
I'll see what happens in the next week. At some point he has to do business I guess. Even if that is selling at a lower than bought in price. Also customers may start wondering too much.
 
lshallperish said:
BeHereNow said:
Gold is prettier.
Now you know.

On a more serious note, when you are invited to all the best cocktail parties in town, you stop going to the pubs at happy hour.

On a sad note, Kim K is popular, because she is popular, not because she is useful or talented.

There is just no accounting for taste.
Click to expand...


Lol? shes not useful? I dont know about talented but when your famous and you enter a club or some place and basically tell the world that Kim K was here because she is worthy enough for her to be there.. even though you just paid a shiit load of money for her.. would bring people thus allowing the owner to bring a extra suit case to fill up with money
Click to expand...
Well, that is exactly what I said - she is popular because she is popular.
Club owners want her because she is popular, and that makes her more popular.
You want to give her credit for being 'useful', because she is popular. Her popularity is useful, she is not.
If Charlie Manson were on a weekend outing, and went to the clubs in London, crowds would flock to see him, club owners would love it, and you would say, 'See how useful psychopaths like Charlie are.' I would disagree.
(Disclaimer: Kim K is not a psychopath - as far as I know.)
 
the title of this thread is very misleading :D I just dont get it anymore..

then I read on and found IT was about Kim :P

yes and I still don't get it :D
 
Pirocco said:
The dealer I started to focus on since abit over a year, announced 3 weeks ago that the website would be closed for maintenance.
The announced day passed, apparently nothing happened.
Two days later, silver price dropped to sub $19.
Directly after it, suddenly you couldn't add to basket anymore.
Still no maintenance report.
Again a day later, finally maintenance reported, and everything disabled (although it already was since the add to basket was greyed out).
It's now 4 days later. Still can't order.
It's like the sub $19 price disabled it.
I just don't get it anymore! :D
Click to expand...
New element in this dealer story:
CLOSED UNTIL 15 juni 2014.
:D
 
Pirocco said:
Pirocco said:
The dealer I started to focus on since abit over a year, announced 3 weeks ago that the website would be closed for maintenance.
The announced day passed, apparently nothing happened.
Two days later, silver price dropped to sub $19.
Directly after it, suddenly you couldn't add to basket anymore.
Still no maintenance report.
Again a day later, finally maintenance reported, and everything disabled (although it already was since the add to basket was greyed out).
It's now 4 days later. Still can't order.
It's like the sub $19 price disabled it.
I just don't get it anymore! :D
Click to expand...
New element in this dealer story:
CLOSED UNTIL 15 juni 2014.
:D
Click to expand...
Again new element in this dealer story:
CLOSED UNTIL 20 juni 2014.
:D
 
You must log in or register to reply here.
Back
Top