Silver - a store of value? Really?

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Golden said:
So we should invest in sharp stones attached to wooden sticks?
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You should invest in anything you think others will value at some point in the future (except anything that is against your own ethical values). If you think certain sticks with stones will be highly valued by others, then go for that.


Since I believe certain traditions die hard, I believe that silver will be highly valued by enough people in the future to make it worth my time and energy to exchange some of my cash for silver coins....so that's what I invest my money in.




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Jim4silver said:
Silver has NO intrinsic value? What about colloidal silver? You actually eat that. Silver has anti bacterial properties used in medicine. But I guess based on the OP's views posted herein, silver has no intrinsic value. That is patently absurd.

PS Society's opinion of the value of an object determines its cost, not an object's intrinsic value. The OP seems to confuse market value with intrinsic value.

Just my opinion.

Jim
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And 'value' is determined by the difference between supply and demand.
 
The question isn't
Is silver a good investment
Will it be valuable in the future
What is intrinsic value
What makes things valuable.
All interesting questions though.

Its does siver store value well
No it doesn't.
Gold in aud is at 90% of its highest value, silver
at 50%.
All PMs are not equal in this capacity.

Just my opinion.
 
Peter said:
The question isn't
Is silver a good investment
Will it be valuable in the future
What is intrinsic value
What makes things valuable.
All interesting questions though.

Its does siver store value well
No it doesn't.
Gold in aud is at 90% of its highest value, silver
at 50%.
All PMs are not equal in this capacity.

Just my opinion.
Click to expand...



You may be right that silver isn't a good store of value but that would only be in a snapshot context. I think the "why" is much more interesting and more important because then we are better equipped to discern whether or not our presumptions make sense in a snapshot context and in a broader (non conventional, geographically larger, long term, mixed variable, etc, etc) context. The more knowledge and understanding we have of the many things that drive value (to a significant extent meaning what drives supply and demand), the more informed our decisions are likely to be.




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Peter said:
The question isn't
Is silver a good investment
Will it be valuable in the future
What is intrinsic value
What makes things valuable.
All interesting questions though.

Its does siver store value well
No it doesn't.
Gold in aud is at 90% of its highest value, silver
at 50%.
All PMs are not equal in this capacity.
being
Just my opinion.
Click to expand...

The problem with determining if value is being held will be solved when pricing of gold and silver starts being determined by physical trading.
Just my opinion.
 
James said:
The problem with determining if value is being held will be solved when pricing of gold and silver starts being determined by physical trading.
Just my opinion.
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My opinion is very different.
And I can substantiate it.
 
James said:
Peter said:
The question isn't
Is silver a good investment
Will it be valuable in the future
What is intrinsic value
What makes things valuable.
All interesting questions though.

Its does siver store value well
No it doesn't.
Gold in aud is at 90% of its highest value, silver
at 50%.
All PMs are not equal in this capacity.
being
Just my opinion.
Click to expand...

The problem with determining if value is being held will be solved when pricing of gold and silver starts being determined by physical trading.
Just my opinion.
Click to expand...


I believe this is what wrcmad means....
wrcmad said:
The charts show a paper price for physical because that is because COMEX actually trades - physical... via contract settlement, or EFP.
The two are interchangeable, and cannot be detached due to arbitrage.
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And this advice is always worth considering as well....

wrcmad said:
Manipulation..... If you want to continually subscribe to this idea then get out of precious metals. Only a fool would play a game that is completely rigged. As you still are in the game, I would say that you are not completely convinced of the manipulation ...
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Skyrocket said:
Us stackers will have our day......sooner rather then later!
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It's happened twice in the last 40 years. Good luck.

e3UzadU.png
 
BUT - and this was pointed out to someone who got hit first hand - the spread changes depending on the spike. A 4% buying spread (dealer buy price) turned into a 15% buying spread. So the be aware the graph you are looking at above is going to be different to what you can sell for.
 
Throughout human history the shiny rocks and metals that have always been worth something no matter where you are.

This is why I buy PM's
 
For me, silver (and gold) stacking isn't simply about risk mitigation (though that is the primary incentive), it's also a means to collect lovely things that I enjoy fondling. I truly get pleasure out of going through it and looking at it. There is some sort of simple pleasure in handling gold and silver, an enjoyment worth paying for, IMO.

That these bits of metal might one day prove to be a small salvation when I need to pay the bills is icing on the cake.
 
mmissinglink said:
Since I believe certain traditions die hard, I believe that silver will be highly valued by enough people in the future to make it worth my time and energy to exchange some of my cash for silver coins....so that's what I invest my money in.
Click to expand...

Not nearly as much as gold though. If you had to pick between gold or silver (or cash, or some other object) to bury in a time capsule to pass down your wealth to your grandkids in 40 years time, would you really put silver in there?
I'd bet on gold every single time.
 
tolly_67 said:
SilverDJ said:
Skyrocket said:
Us stackers will have our day......sooner rather then later!
Click to expand...

It's happened twice in the last 40 years. Good luck.

http://i.imgur.com/e3UzadU.png
Click to expand...

Can we have a chart going back to 1970 with inflation adjusted prices. I think it will look a bit different with some obvious similarities between the 70's and now.
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Sure:
spIdIDn.png


http://www.macrotrends.net/1470/historical-silver-prices-100-year-chart

Also:
From http://www.kitco.com/ind/Saville/20120612.html
jun122012_1.gif

jun122012_2.gif

jun122012_3.gif

jun122012_4.gif

jun122012_5.gif
 
SilverDJ said:
mmissinglink said:
Since I believe certain traditions die hard, I believe that silver will be highly valued by enough people in the future to make it worth my time and energy to exchange some of my cash for silver coins....so that's what I invest my money in.
Click to expand...

Not nearly as much as gold though. If you had to pick between gold or silver (or cash, or some other object) to bury in a time capsule to pass down your wealth to your grandkids in 40 years time, would you really put silver in there?
I'd bet on gold every single time.
Click to expand...



The purist stacker in me agrees with you but I am also a collector and there's reasons why to that collector in me, silver makes more sense than gold.

1) Silver is far more affordable to me and those whom I might want to sell what I get extras of (then flip) or get bored with

2) I believe (though I have not bothered to gather empirical evidence to support this belief) there is greater upside potential to most collectible silver coins/products than there is to collectible gold coins/products in part because of the lower base price of silver

3) There's a far greater variety of products that are available in silver

4) Because of "3)", there's going to be significantly more cool coins/medals/rounds that are made from silver but not available in gold and a big part of the reason I am still buying pm's is because of the collector in me.....not the 100%-sure-of-an-imminent-global-currency-collapse/end-of-days fearful stacker that I used to be. If I was still that person, I'd be stacking other things rather than pm's at this point





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I am sure there's plenty of manipulation and corruption in many areas of our lives, that doesn't stop us participating in life.
Even tho I don't understand much about stocks and graphs doesn't mean we don't make decisions what to invest in.
As someone's motto on this forum says if we are as stupid with PMS as we are about saving generally then we will still have trouble.
Storms earthquakes etc happen, we can make provisions but we still have many other great value things to invest our lives in.
 
In the last 3 years...

...bought Lunar Snakes for $27
...bought Lunar Horses for $26
...bought 2014 Wedgies for $38
...bought Gold @ $1400

Depending on the silver you buy...the store of value may vary...silver supply is vast, numismatic releases...not so vast.
 
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