Stock Market Rose 18% last financial year what did your silver do

Court Jester

Court Jester

Well-Known Member
Silver Stacker
as the title says, ASK All ords rose approx 18% last financial year + dividends on the back of 20% rise the year before.


is your silver a good investment now.

(Hint)











<--------------------------------- SIDEWAYS ------------------------------->
 
Court Jester said:
Big A.D. said:
Court Jester said:
Stock Market Rose 18% last financial year what did your silver do
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Produced a capital loss and reduced my tax bill.
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well that is still a loss and a loss is never a good thing,
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Meh.

I diversify my investments knowing full well that when some of them go up in value, others are likely to go down. When stocks do well, metals tend to do badly.

I'd much prefer to lose a bit on metals now than to go all-in on stocks and get wiped out with everyone else when the next crash comes.

And it will come.
 
Court Jester said:
as the title says, ASK All ords rose approx 18% last financial year + dividends on the back of 20% rise the year before.


is your silver a good investment now.
Click to expand...


Gotta love hindsight investing :) (Where's my time machine?) ... If you had got in 12 months ago and got out now yes you would have made a 20% Gain. What about those that got in October 2007 to the ASX? ....They are DOWN 20%!!

Best Hindsight investment would be Bitcoin at the beginning of 2013 and out at the end of 2013 for a 20,000% rise... How about that!?

Im very confident that Silver will outperform the ASX by a massive margin in 14/15
 
It may surprise you Court Jester, but silver prices hit new 15-week highs recently, adding 14.1% from May's drop, which was near four year lows.
 
I think the dealers have done exceptionally well on their bullion products and of course Perth have done well selling metal and numismatic products.

Sold-out
http://www.perthmint.com.au/catalogue/sold-out.aspx

Flippers did ok with coins like Stock Horse, and the Gods of Olympus series.

There's been some good overall metal prices for those folk who have purchased metal in the last 12 months.

Keep-on stacking because no one is privy to when things will change.

As for the stock market doing ok...sure there's been some very good gains and by now most folk would only be about 7% behind the thrashing they got in 2008 and 2009 where may folk lost up-to 35% of their cash in a diversified super fund.

The problem with a heated stock-market is that you never know when it will correct but when it does you better be prepared. Sooner or later I think the stock market will correct just like Bit coin took a hammering.

The best thing about the stock market, Bit coin and metal is that... they are all gambling plays.

Companies and stocks can turn into thin air as can Bit coin but a lump of silver or gold just doesn't vanish into thin air.

Sure...it's nice to own a crystal ball but for many folk they are more than happy to stack or sell precious metal. smile

H

Edit

And then the bottom fell out - From 3 minutes 43 seconds.
In less than 2 hours nearly 10,000,000,000 evaporated and that's when there was no computers.

imo, the next major crash is going to take many folk by surprise but worse than that, just wait and see the USD collapse. Folk say it won't happen. :rolleyes:

https://www.youtube.com/watch?v=RJpLMvgUXe8
 
I hold some shares and over the last 2 years have watched them crash to almost nothing, I sleep easy at night knowing the metal i've bought over the last few months will always be worth something and I get the pleasure of holding it.
 
The game has just started let us look at the score chart in 12, 24, & 36 months
I don't know about you, but it was never my intention to invest in PM for a 12-18 month paper gain.
 
Jester, Do you really

1) judge your "investments" on a 1 year basis ???

2) value your wealth in $ ???

if you answer yes to any of the above, the thing that is going sideways is your thinking :D

In the long term, Gold/Silver are not going up/down, the currencies are!



Currency's 1 oz Gold Price 1/1/2000 to 7/1/2014 = Gold's Price Appreciation %


Albanian Lek 37941.12 to 135808.10 = 258%

Algerian Dinar 19257.12 to 105002.03 = 445%

Australian Dollar 440.23 to 1408.01 = 220%

Bahamian Dollar 288.00 to 1326.07 = 360%

Bahraini Dinar 104.26 to 499.96 = 380%

Bangladeshi Taka 14567.04 to 103128.23 = 608%

Barbadian or Bajan Dollar 570.24 to 2652.13 = 365%

Basotho Loti 1771.20 to 14100.23 = 696%

Belizean Dollar 573.12 to 2625.21 = 358%

Bermudian Dollar 271.30 to 1326.07 = 389%

Bolivian Boliviano 1704.96 to 9096.82 = 434%

Botswana Pula 1324.80 to 11652.54 = 780%

Brazilian Real 535.68 to 2936.64 = 448%

British Pound 178.25 to 774.97 = 335%

Bruneian Dollar 477.79 to 1652.86 = 246%

Burmese Kyat 1800.49 to 1290263.19 = 71562%

Burundian Franc 175936.32 to 2039491.05 = 1059%

Canadian Dollar 416.42 to 1415.38 = 240%

Cape Verdean Escudo 30269.66 to 105196.90 = 248%

Caymanian Dollar 361.36 to 1087.37 = 201%

Central African CFA Franc BEAC 187358.40 to 635283.24 = 239%

CFP Franc 33744.96 to 115570.77 = 242%

Chilean Peso 152438.40 to 733038.70 = 381%

Chinese Yuan Renminbi 2384.50 to 8228.02 = 245%

Colombian Peso 515520.00 to 2489027.76 = 383%

Comoran Franc 139115.52 to 476462.43 = 242%

Congolese Franc 1224.86 to 1212025.24 = 98852%

Costa Rican Colon 84833.28 to 712827.30 = 740%

Croatian Kuna 2188.63 to 7337.05 = 235%

Cuban Peso 6048.00 to 35140.78 = 481%

Czech Koruna 10308.96 to 26582.36 = 158%

Danish Krone 2126.02 to 7220.77 = 240%

Djiboutian Franc 49608.00 to 233653.00 = 371%

Dominican Peso 4556.16 to 57020.88 = 1152%

Dutch Guilder 480.96 to 2348.20 = 388%

East Caribbean Dollar 771.84 to 3580.38 = 364%

Egyptian Pound 979.72 to 9482.11 = 868%

Emirati Dirham 1057.25 to 4870.38 = 361%

Ethiopian Birr 2296.51 to 26027.20 = 1033%

Euro 286.48 to 968.48 = 238%

Fijian Dollar 576.00 to 2429.60 = 322%

Gambian Dalasi 3217.82 to 52114.43 = 1520%

Gibraltar Pound 178.36 to 774.97 = 334%

Gold Ounce 1.00 to 1.00 = 0%

Guatemalan Quetzal 2183.04 to 10314.81 = 372%

Guinean Franc 389836.80 to 8990734.27 = 2206%

Guyanese Dollar 51724.80 to 269456.81 = 421%

Haitian Gourde 5028.48 to 58612.16 = 1066%

Honduran Lempira 4184.64 to 25327.88 = 505%

Hong Kong Dollar 2238.91 to 10277.48 = 359%

Hungarian Forint 72763.20 to 299968.66 = 312%

Icelandic Krona 20805.12 to 149779.18 = 620%

IMF Special Drawing Rights 209.45 to 856.37 = 309%

Indian Rupee 12510.72 to 79647.21 = 537%

Indonesian Rupiah 2030400.00 to 15768726.84 = 677%

Iranian Rial 501480.00 to 34014944.65 = 6683%

Israeli Shekel 1195.49 to 4551.43 = 281%

Jamaican Dollar 11865.60 to 147909.51 = 1147%

Japanese Yen 29416.32 to 134486.16 = 357%

Jordanian Dinar 203.90 to 939.78 = 361%

Kenyan Shilling 20908.80 to 116136.95 = 455%

Kuwaiti Dinar 87.55 to 373.55 = 327%

Lao or Laotian Kip 2462400.00 to 10652296.22 = 333%

Lebanese Pound 432288.00 to 1998382.97 = 362%

Liberian Dollar 288.00 to 119346.03 = 41340%

Lithuanian Litas 1146.24 to 3343.98 = 192%

Macau Pataca 2293.34 to 10585.81 = 362%

Malawian Kwacha 13305.60 to 510933.60 = 3740%

Malaysian Ringgit 1094.11 to 4251.90 = 289%

Maldivian Rufiyaa 3121.92 to 20156.22 = 546%

Mauritanian Ouguiya 62588.16 to 383233.36 = 512%

Mauritian Rupee 7277.76 to 39914.62 = 448%

Mongolian Tughrik 302227.20 to 2418746.21 = 700%

Moroccan Dirham 2896.42 to 10869.88 = 275%

Nepalese Rupee 19903.68 to 127763.07 = 542%

New Zealand Dollar 551.20 to 1514.21 = 175%

Ni-Vanuatu Vatu 36777.60 to 122130.77 = 232%

Nicaraguan Cordoba 3490.56 to 34484.37 = 888%

Nigerian Naira 28627.20 to 216016.31 = 655%

Norwegian Krone 2306.30 to 8133.06 = 253%

Omani Rial 110.79 to 510.57 = 361%

Pakistani Rupee 14918.40 to 130723.69 = 776%

Palladium Ounce 0.64 to 1.57 = 144%

Panamanian Balboa 288.00 to 1326.07 = 360%

Papua New Guinean Kina 759.89 to 3600.27 = 374%

Paraguayan Guarani 944216.64 to 5817455.93 = 516%

Peruvian Nuevo Sol 1010.02 to 3705.03 = 267%

Philippine Peso 11586.24 to 57915.98 = 400%

Platinum Ounce 0.65 to 0.89 = 37%

Qatari Riyal 1047.74 to 4827.55 = 361%

Rwandan Franc 96301.44 to 893769.16 = 828%

Saint Helenian Pound 178.36 to 774.97 = 334%

Salvadoran Colon 2505.60 to 11603.09 = 363%

Samoan Tala 890.21 to 3071.73 = 245%

Sao Tomean Dobra 664427.52 to 23789642.00 = 3480%

Saudi Arabian Riyal 1080.00 to 4973.35 = 360%

Seychellois Rupee 1545.12 to 15912.80 = 930%

Sierra Leonean Leone 545322.24 to 5728609.45 = 950%

Silver Ounce 53.43 to 63.05 = 18%

Singapore Dollar 479.29 to 1652.86 = 245%

Solomon Islander Dollar 1432.80 to 9605.70 = 570%

Somali Shilling 732205.44 to 1589932.14 = 117%

South African Rand 1771.34 to 14100.23 = 696%

South Korean Won 326102.40 to 1342051.55 = 312%

Sri Lankan Rupee 20563.20 to 172819.57 = 740%

Swazi Lilangeni 1771.20 to 14100.23 = 696%

Swedish Krona 2444.54 to 8859.39 = 262%

Swiss Franc 459.07 to 1176.08 = 156%

Syrian Pound 12322.08 to 198313.32 = 1509%

Taiwan New Dollar 9039.46 to 39665.32 = 339%

Tanzanian Shilling 228096.00 to 2191988.75 = 861%

Thai Baht 10800.00 to 43001.04 = 298%

Tongan Pa'anga 448.10 to 2449.78 = 447%

Trinidadian Dollar 1778.89 to 8499.43 = 378%

Tunisian Dinar 358.93 to 2231.11 = 522%

Ugandan Shilling 426974.40 to 3441143.87 = 706%

Ukrainian Hryvnia 1501.78 to 15678.49 = 944%

Uruguayan Peso 3329.28 to 30287.37 = 810%

US Dollar 288.00 to 1326.07 = 360%

Vietnamese Dong 4015296.00 to 28245227.13 = 603%

Yemeni Rial 45702.72 to 284772.89 = 523%
 
valuecreator said:
Jester, Do you really

1) judge your "investments" on a 1 year basis ???

2) value your wealth in $ ???

if you answer yes to any of the above, the thing that is going sideways is your thinking :D

Gold/Silver are not going up/down, the currencies are!



Currency's 1 oz Gold Price 1/1/2000 to 7/1/2014 = Gold's Price Appreciation %
Click to expand...
I'm sorry, but doesn't this equate to No.2? :/
You can kid yourself that $:oz does not equal oz:$, but that would be going sideways in your thinking.
 
Ah it's Jester again, picking out only data points that will favor him. Watch out, he'll call you out if you're wrong, and maybe even put it in his signature.
 
valuecreator said:
Jester, Do you really

1) judge your "investments" on a 1 year basis ???

2) value your wealth in $ ???

if you answer yes to any of the above, the thing that is going sideways is your thinking :D

In the long term, Gold/Silver are not going up/down, the currencies are!
Click to expand...


Hi House

1 ) ASX over 2 years has gained almost 40%

Silver has lost about that

Over say 20 years ASX with dividends has performed much better than silver and kept the gains

2) yes as that is the currently accepted medium for trade. if it was sea shells for example I would measure my wealth in sea shells.
 
iluvbeanz said:
Ah it's Jester again, picking out only data points that will favor him. Watch out, he'll call you out if you're wrong, and maybe even put it in his signature.
Click to expand...

it took multiple failed predictions from Sammy to earn a spot in my signature.


I pick nothing, just stating the facts.

Over 20 years ASX has performed much better than silver. Infact just about every single investment has performed better than silver over that time.

silver over the last 2 years has been a poor investment, and over the last 10-15-20 years has been a poor investment. Silver has just been a poor investment in general.

If you had left your cash in the bank in a term deposit you would be better off than having invested that in silver.
 
Seriously?

You are saying cash in the bank would have tripled in value over the past 20 years after tax?
 
trew said:
Seriously?

You are saying cash in the bank would have tripled in value over the past 20 years after tax?
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looking at the last 20 years cash in the bank and silver have performed similarly ( and I am talking about the whole period not just cherry picking the blips ) but cash is still the winner.

If I had have invested 50 in 1994 in cash in the bank I would still be ahead vs having spent that on silver

Using the Average interest rate over that time of 8.5%

Starting with a 50k principle over 20 years that 50k becomes $ 255k ( assuming you re invest the interest and it compounds)

Silver has gone from $5 to $21 so if you are talking long term investment silver is not the clear winner vs cash in the bank, and is a long long long way behind property and shares. .( and not talking about short term spikes ) considering the inherit risks holding it vs the relatively safety of cash in an Australian bank.

people talk about holding silver for the long term investments are just full of BS. simple fact is this is a poor choice, you could have made much more money flipping silver over the short term, vs other asset classes it is a poor long term investment.
 
I would have liked to have got in on silver 10-15 years ago. Hasn't it quadrupled from then until now?
 
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