The silver price just shat itself.... what happened?

[dccpa]

The amount of silver on earth is Finite just as the rate that it is taken from the ground is Finite.

Two Finites IMO = Priceless.

You are ignoring timescales and percentage volume.

Agree. I am just offering the opposite extreme of him saying "Silver is not priceless".

That silver is not priceless is a fact. You just chose to define priceless differently than the known Universe. Well, the known Universe outside of Plutonians. They agree with you but I wouldn't brag about it.

Speaking of the Universe, it is expanding. Said Universe contains Supernovas and said Supernovas create silver. Thus, silver is infinite. Closer to earth and using your timeline, asteroid mining will provide a lot of silver in the short term.

I know this silver revelation will come as a shock to you. But rather than dwell on the fact that you purchased an infinite, worthless product, I will buy your silver at double the production cost ($2/oz) and you can move on with your life. I really shouldn't be doing this good deed, but it is just the kind of person I am. :lol:

 

[smk762]

I recon intergalactic mining will be a bit more expensive than terrestrial.

 

[SpacePete]

Shatting has recommenced. All hands on deck!

 

[miniroo]

The Spam/Silver Ratio is 4:1 but the interesting graph is the HCSR, the Heinz Chunky/Silver Ratio, currently on special at coles at only 10:1

 

[Ghost Story]

silver costs a 1000 $ an ounce to mine everyone knows that, so better buy it while its cheap

 

[SpacePete]

The nightly shatting has commenced. Silver is going down faster than a NSW politician at an ICAC hearing.

 

[Gilligan]

I love it when it shats.

 

[Agnostic]

Its weird because there is a silver shortage

 

[openeyes]

Hope we see $10 - that would be so verey cool

 

[monopolize]

Its weird because there is a silver shortage

Paper silver is unlimited.

 

[SpacePete]

Hope we see $10 - that would be so verey cool

 

[nbboy1123]

You are ignoring timescales and percentage volume.

Agree. I am just offering the opposite extreme of him saying "Silver is not priceless".

That silver is not priceless is a fact. You just chose to define priceless differently than the known Universe. Well, the known Universe outside of Plutonians. They agree with you but I wouldn't brag about it.

Speaking of the Universe, it is expanding. Said Universe contains Supernovas and said Supernovas create silver. Thus, silver is infinite. Closer to earth and using your timeline, asteroid mining will provide a lot of silver in the short term.

I know this silver revelation will come as a shock to you. But rather than dwell on the fact that you purchased an infinite, worthless product, I will buy your silver at double the production cost ($2/oz) and you can move on with your life. I really shouldn't be doing this good deed, but it is just the kind of person I am. :lol:

Best.Retort.Ever.

 

[nsw2206]

I'm a bit disappointed that the aud isn't falling as fast as silver. ah well

 

[ego2spare]

Ommmeergerrrd!... Im in a weord mood of shocked happy and scared all at the same time. Now i just need some one to blame and thank.

 

[thatguy]

Common $16 handle common!

 

[Golden ChipMunk]

one more sleep.... :lol:

 

[Altima]

At least we can see it happen on this side of the world. Hopefully the dealers are open!

 

[thatguy]

No real gut wrenching watersfalls with spot at lowest in 5 years ?!?! :| a tad unsettling

 

[ryan71]

Down and down she goes, where she stops nobody knows!

 

[mmissinglink]

We may see a further widening of the GSR this week.....I guess Pirocco may have something to say about this.



.