picturefun
Member
I want to know who are the buyers? And are there enough buyers?
That would only be true if you predicted that the price of silver will never rise. If you really think that, you may aswell stick to stacking gold as it is less volatile, less volume and more liquid. I hope you don't hold onto Ag until it sees it's $4 days again!systematic said:wilkes said:Yeah I found that odd. Anything bought in large quantities that appreciates in value is an investment opportunity.940palmtx said:The short answer is yes. People who bought in the low teens or low 20's have done more then "preserve wealth"
Yes PMs are purchased to preserve wealth, but they are also a commodity, not unlike oil, wheat, or hogs where they're purchased to create wealth.
Some people just don't get THAT!
Anything bought in large quantities that appreciates in value is an investment opportunity
the value is the result of the accumulation
Philski said:BHPBilton's Olympic Dam is not only now the world biggest copper mine and largest economic mineral deposit on this planet (Antarctica not included). it also contains "vast" amounts of silver. It is likely to affect the copper and silver price all by itself. In 6 years time when they start production. if you really what to know what the price will do mid/long term. there you go
Butch said:If silver is an industrial metal with growing demand, and a finite supply.
PrettyPrettyShinyShiny said:Alchemy, anyone? No offence intended, but do you think the Earth is flat, too?
vektor said:Butch said:If silver is an industrial metal with growing demand, and a finite supply.
this is true, but if we see a major world crisis, a lot of manufacturing will cease.
vektor said:Butch said:If silver is an industrial metal with growing demand, and a finite supply.
this is true, but if we see a major world crisis, a lot of manufacturing will cease.
PrettyPrettyShinyShiny said:Some great points made.
I have just made a shift into gold to secure some stability. My exposure to silver still keeps me in the running for some fun climbing up, but my gold stash will insure against catastrophic losses in the event silver goes back to $5 for a couple of years.
Many people buy large quantities at one time. Not I but some.systematic said:wilkes said:Yeah I found that odd. Anything bought in large quantities that appreciates in value is an investment opportunity.940palmtx said:The short answer is yes. People who bought in the low teens or low 20's have done more then "preserve wealth"
Yes PMs are purchased to preserve wealth, but they are also a commodity, not unlike oil, wheat, or hogs where they're purchased to create wealth.
Some people just don't get THAT!
Anything bought in large quantities that appreciates in value is an investment opportunity
the value is the result of the accumulation
Boeing's going to quit making silver aircraft?silvertop said:I wonder if scientists will by that time create some new material which can replace or almost replicate Ag. A mate at work was talking about some new Boeing plane made of a new material or something.
+1systematic said:as we move into the next active solar cycle a direct hit X class solar flare breaching the magnetosphere wiping out a portion of the world's electronic systems (ala' 1859 Carrington event)would boost demand for repairs and replacement ... just saying ...
http://io9.com/ar-1302/
940palmtx said:Many people buy large quantities at one time. Not I but some.systematic said:wilkes said:Yeah I found that odd. Anything bought in large quantities that appreciates in value is an investment opportunity.
Anything bought in large quantities that appreciates in value is an investment opportunity
the value is the result of the accumulation