What do you think silver is worth ?

jpanggy said:
renovator said:
jpanggy said:
At production cost of $15 and price tag of $40. It is grossly outperforming gold. Gold production cost is around 1200, at its recent peak it is not performing as well as silver in respect to its production cost. For reference, google it, I read lots of article and I don't have space to save them or index them.

So a price of $100 really needs more factors like rarity, running out, more demand, china hoarding or even magical properties previously undiscovered or something.
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So whats your price?
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Personally: Production cost.

However I am happy to go along with market value, which is spot.
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I wouldn't dare put a figure on it ,but don't agree it is the production cost.Must be plus profit margin.No one is going to dig it out for cost.Who would bother?
 
renovator said:
After everybodys dollar value on what you think silver is really worth

Il start IMO its worth around $90-$100 oz. in the real world of precious metals
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In today's dollars - probably around $150 - but that's assuming gold at around $2000 is a fair value - which it is not. It should be much higher than $2000/Oz given the currency supply.

Whatever dollar value you arrive at for gold - divide it by 15 to get silver's fair value.

I've heard figures of around $5000/Oz for gold given current currency supply => silver at around $300 - $350 per ounce...
 
hawkeye said:
jpanggy said:
At production cost of $15 and price tag of $40. It is grossly outperforming gold. Gold production cost is around 1200, at its recent peak it is not performing as well as silver in respect to its production cost. For reference, google it, I read lots of article and I don't have space to save them or index them.

So a price of $100 really needs more factors like rarity, running out, more demand, china hoarding or even magical properties previously undiscovered or something.
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Yeah, it's not "worth" any more than it currently is and probably worth less.

But there will be plenty of craziness in the world in the next year or 2 or 3 which will drive it to some temporary insane valuation (much like property).
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wanna bet??
 
RetardedMonkey said:
So hard putting a dollar value on silver.

If bread costs $100/loaf then silver at $80/oz means it's worth sweet frak all :P
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dont worry mate - you stand more chance of falling pregnant than such an event ever occuring
 
I'll say $55/ounce firm sounds about reasonable non of this Nandy Pandy up and down from there.

I'll jump in with both feet and put Gold at $1800/Ounce,in this climate i reckon thats Fair

Palladium at $1200/ounce

Platinum at $2000/ounce

Copper at $12,000/ton

There thats an all in Poker hand

REDBACK
 
Something. Silver is worth something. My bank balance is also worth something, as it can be used to buy things. As it is inflated, it will buy ever fewer things. However, over time, it will get ever more difficult to lift my arms if I try and put all my silver bracelets on at once. As a result, I may have to sell them, as a poor old lady who is reduced to selling her precious treasures and wasn't lucky enough to have any 'money' in the bank. Awwww... :(
 
Silver is worth something as it has to be mined. it is worth something for industrial use and it is worth something for jewellery and investment - may be fairly cheap to mine but it is scarcer than gold! How to 'value 'it?
In the end it is worth what people are prepared to pay for it.

I would go with a realistic value of $45 - $60 US now but it could be double that by next year! ;)
 
nicwinner said:
Yippe-Ki-Ya said:
nicwinner said:
around 1200-1500 AUD/ KG

if lower than 1200, purchase
id higher than 1500, forget it
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and you base that on what?
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the sence :D
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Was that meant to be seance . . . with the ghosts of central bankers past? :lol:

A$48 /oz is so far under fair value that your estimate is clearly a bad joke. In 1980 silver hit $50 dollars and there is so much more currency printed today than then it really (no, REALLY) is not funny. China has been printing new currency at over 30% pa for over a year and the US has just hit its booster rockets on currency printing in the past few months, on top of the depreciation in its currency over the past 30 or 40 years.

Then, on top of that crazy money printing you have to factor in resource depletion.

Here, view this chart of the inflation of the global money supply. And while you are looking, remember in 1980 Silver hit US$50 (A$56.96).

SmallGlobalMoneySupply2.png

Source: http://dollardaze.org/blog/?page_id=00023

We haven't hit inflation adjusted highs and there are Trillions and Trillions in additional fiat currency that has been printed since 1980.
 
Gino said:
nicwinner said:
Yippe-Ki-Ya said:
and you base that on what?
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the sence :D
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Was that meant to be seance . . . with the ghosts of central bankers past? :lol:

A$48 /oz is so far under fair value that your estimate is clearly a bad joke. In 1980 silver hit $50 dollars and there is so much more currency printed today than then it really (no, REALLY) is not funny. China has been printing new currency at over 30% pa for over a year and the US has just hit its booster rockets on currency printing in the past few months, on top of the depreciation in its currency over the past 30 or 40 years.

Then, on top of that crazy money printing you have to factor in resource depletion.

Here, view this chart of the inflation of the global money supply. And while you are looking, remember in 1980 Silver hit US$50 (A$56.96).

http://dollardaze.org/blog/pages/00023/SmallGlobalMoneySupply2.png
Source: http://dollardaze.org/blog/?page_id=00023

We haven't hit inflation adjusted highs and there are Trillions and Trillions in additional fiat currency that has been printed since 1980.
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Please dont state such blatantly logical facts here ... or risk joining me as an outcast! :D
 
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